Global RF Power Semiconductor Market Size, Share - Segmented by Technology (LDMOS, GaAs, and GaN), Application (Telecom Infrastructure and Aerospace and Defense), and Region - Growth, Trends, and Forecast (2022 - 2030)
The RF Power Semiconductor market is expected to register a CAGR of 12.7%, during the forecast period 2018 - 2023. The report profiles the technologies of RF power, such as LDMOS, GaAs, and GaN.
The increase in demand for smartphones and usage of 5G are the primary factors driving the demand in the global RF power semiconductor market. With the increase in the need for higher data rates and greater spectral efficiency, the demand for high-speed mobile broadband internet is increasing. This has led to the implementation of LTE, which is further expected to boost the expansion of the RF power market. Increase in usage of RF power devices in various lighting applications is also driving growth in the global RF power market. However, issues related to the high cost of RF power due to improved performance are estimated to challenge the growth of the market.
The Aerospace and Defense Sector to Offer Growth Opportunities
The modernization of defense equipment has led to the requirement for high-power semiconductor devices, such as GaN RF and LDMOS devices. ICs used in radar boards incorporate GaN that enables efficient navigation, facilitate collision avoidance, and enable real-time air traffic control.
RF power amplifiers used in the radar systems are low on power and performance. The bandwidth performance and efficiency of RF power devices are substantially higher and thus, are used in the radars deliver higher performance in terms of power and radar range. This reduces the number of radar systems required to monitor the same perimeter, thereby cutting cost. Thus, the demand for RF power devices is set to grow in the defense sector during the forecast period.
Moreover, rising focus of the Europe Space Agency (ESA) on the increased usage of GaN across space projects and the use of GaN-based transistors in the military and defense sectors will further help the RF power market to gain traction over the forecast period.
RF Power Semiconductor Market
Asia-Pacific is Expected to Occupy the Largest Share in RF Power Semiconductor Market
RF Power Semiconductor Market
Asia-Pacific’s established electronics industry and the adoption of innovative technologies have provided organizations in the region a competitive edge in the market. Increasing production of electric vehicles in Asia-Pacific is expected to drive the demand for RF GaN, which in turn, may boost the market for RF power in the region. China is the largest maker of electric vehicles. In 2016, it sold 507,000, including buses and commercial vehicles, according to the China Association of Automobile Manufacturers.
Increase in demand for better cellular networks from China, India, South Korea, Taiwan, and Malaysia and the increasing production of semiconductor devices will drive the market’s growth prospects in this region. According to Ericsson, the estimated number of smartphone subscription is maximum in Asia-Pacific (excluding China and India) with USD 1575 million in Q1 2018. This adoption rate will drive RF device manufacturers to develop high-performance RF filters that can cater to the needs of smartphone and tablet OEMs, thus further stimulating the market growth in this region.
Key Developments in the RF Power Semiconductor Market
Jun 2018 - NXP Semiconductors NV launched new RF GaN wideband power transistors and expanded its Airfast third-generation Si-LDMOS portfolio of macro and outdoor small cell solutions to enable next-generation 5G mobile networks.
Mar 2018 - Cree Inc. acquired assets of Infineon Technologies AG RF Power Business for approximately EUR 345 million. The acquisition has strengthened the company's leadership position in RF GaN-on-SiC technologies, as well as provides access to additional markets, customers, and packaging expertise.
RF Power Semiconductor Market Major Players:
NXP Semiconductors NV
Analog Devices Inc.
Alcatel-Lucent SA
Lockheed Martin Corporation
Mitsubishi Electric Corporation
Aethercomm Inc.
STMicroelectronics NV
Toshiba Corporation
M/A-COM Technology Solutions Holdings Inc.
Qualcomm Inc.
Qorvo, Inc.
AT&T Inc.
Report Offerings
This report on the RF Power Semiconductor Market offers the latest trends, growth prospects, industry competitiveness, major players, technology roadmap, regional market share, and forecast until 2023.
Reasons to Purchase RF Power Semiconductor Market Report
Understanding the impact of adoption of RF power, on the market studied.
Analysis of various perspectives of the market with the help of Porter’s five forces analysis
The segments that are expected to dominate the market studied
Regional analysis of the market studied during the forecast period
Latest developments, market shares, and strategies employed by major market players and key innovators
3-month analyst support, along with the Market Estimate sheet (in Excel)
Customize RF Power Semiconductor Market Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
The increase in demand for smartphones and usage of 5G are the primary factors driving the demand in the global RF power semiconductor market. With the increase in the need for higher data rates and greater spectral efficiency, the demand for high-speed mobile broadband internet is increasing. This has led to the implementation of LTE, which is further expected to boost the expansion of the RF power market. Increase in usage of RF power devices in various lighting applications is also driving growth in the global RF power market. However, issues related to the high cost of RF power due to improved performance are estimated to challenge the growth of the market.
The Aerospace and Defense Sector to Offer Growth Opportunities
The modernization of defense equipment has led to the requirement for high-power semiconductor devices, such as GaN RF and LDMOS devices. ICs used in radar boards incorporate GaN that enables efficient navigation, facilitate collision avoidance, and enable real-time air traffic control.
RF power amplifiers used in the radar systems are low on power and performance. The bandwidth performance and efficiency of RF power devices are substantially higher and thus, are used in the radars deliver higher performance in terms of power and radar range. This reduces the number of radar systems required to monitor the same perimeter, thereby cutting cost. Thus, the demand for RF power devices is set to grow in the defense sector during the forecast period.
Moreover, rising focus of the Europe Space Agency (ESA) on the increased usage of GaN across space projects and the use of GaN-based transistors in the military and defense sectors will further help the RF power market to gain traction over the forecast period.
RF Power Semiconductor Market
Asia-Pacific is Expected to Occupy the Largest Share in RF Power Semiconductor Market
RF Power Semiconductor Market
Asia-Pacific’s established electronics industry and the adoption of innovative technologies have provided organizations in the region a competitive edge in the market. Increasing production of electric vehicles in Asia-Pacific is expected to drive the demand for RF GaN, which in turn, may boost the market for RF power in the region. China is the largest maker of electric vehicles. In 2016, it sold 507,000, including buses and commercial vehicles, according to the China Association of Automobile Manufacturers.
Increase in demand for better cellular networks from China, India, South Korea, Taiwan, and Malaysia and the increasing production of semiconductor devices will drive the market’s growth prospects in this region. According to Ericsson, the estimated number of smartphone subscription is maximum in Asia-Pacific (excluding China and India) with USD 1575 million in Q1 2018. This adoption rate will drive RF device manufacturers to develop high-performance RF filters that can cater to the needs of smartphone and tablet OEMs, thus further stimulating the market growth in this region.
Key Developments in the RF Power Semiconductor Market
Jun 2018 - NXP Semiconductors NV launched new RF GaN wideband power transistors and expanded its Airfast third-generation Si-LDMOS portfolio of macro and outdoor small cell solutions to enable next-generation 5G mobile networks.
Mar 2018 - Cree Inc. acquired assets of Infineon Technologies AG RF Power Business for approximately EUR 345 million. The acquisition has strengthened the company's leadership position in RF GaN-on-SiC technologies, as well as provides access to additional markets, customers, and packaging expertise.
RF Power Semiconductor Market Major Players:
NXP Semiconductors NV
Analog Devices Inc.
Alcatel-Lucent SA
Lockheed Martin Corporation
Mitsubishi Electric Corporation
Aethercomm Inc.
STMicroelectronics NV
Toshiba Corporation
M/A-COM Technology Solutions Holdings Inc.
Qualcomm Inc.
Qorvo, Inc.
AT&T Inc.
Report Offerings
This report on the RF Power Semiconductor Market offers the latest trends, growth prospects, industry competitiveness, major players, technology roadmap, regional market share, and forecast until 2023.
Reasons to Purchase RF Power Semiconductor Market Report
Understanding the impact of adoption of RF power, on the market studied.
Analysis of various perspectives of the market with the help of Porter’s five forces analysis
The segments that are expected to dominate the market studied
Regional analysis of the market studied during the forecast period
Latest developments, market shares, and strategies employed by major market players and key innovators
3-month analyst support, along with the Market Estimate sheet (in Excel)
Customize RF Power Semiconductor Market Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
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