According to IMARC Group’s latest report, titled “RF Front End Module Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global RF front end module market reached a value of US$ 17 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 10.3% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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A radio frequency (RF) front end module is a device panel that combines all circuits between the antenna and the receiver. It comprises of an RF filter, amplifier, local oscillator, mixer and multiple switches. RF front end module is generally used to minimize the image response and control strong out-of-band signals from saturating the input stages. The module is also adopted for switching between the radio signal and baseband frequency in wireless systems and frequency modulation (FM) radios to encode/decode the signals during transmission. As a result, it is widely used to manufacture consumer electronics, automobiles, military equipment, and wireless communication tools.
Market Trends and Drivers:
Rapid digitalization and growing industrial automation are primarily driving the adoption of RF front end modules. Furthermore, the extensive use of social media platforms and IoT devices has induced the traffic generated from data-intensive industries, such as banking, financial services and insurance (BFSI). This has enhanced the consumer preferences towards smart devices equipped with RF modules, thereby further catalyzing the market. Additionally, several technological advancements have led to the development of silicon-on-insulator (SOI) substrates that support the functioning of 3G, 4G/LTE, and future network requirements to facilitate faster and reliable data transmission.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global RF front end module market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, component and application.
Breakup by Component:
- RF Filters
- RF Switches
- RF Power Amplifiers
- Others
Breakup by Application:
- Consumer Electronics
- Automotive
- Wireless Communication
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Competitive Landscape With Key Players:
The report has also analysed the competitive landscape of the market with some of the key players being Broadcom Inc., Infineon Technologies AG, Murata Manufacturing Co. Ltd., NXP Semiconductors N.V., Qorvo Inc., Skyworks Solutions Inc., STMicroelectronics N.V., Taiyo Yuden Co. Ltd., TDK Corporation, Teradyne Inc. and Texas Instruments Incorporated.
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Key Highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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