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RF Power Semiconductor Market 2019 to Flourish with an Impressive CAGR of 12.7% in the year 2023, Predicts Market Research Future with Complete Business Overview and Development Strategies

RF Power Semiconductor

The Report Titled on “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 (2019 – 2023)”, Delivers Information studies of the current situation (with the base year being 2019) and the growth prospects of global RF Power Semiconductor Forecast market 2019-2023.

“RF Power Semiconductor Market Report 2019-2023” helps the consumer to take business decisions and to understand strategies of major players in the industry. The report also calls for market-determined results deriving feasibility survey for consumer needs. Global RF Power Semiconductor Market Report ensures qualified and verifiable aspects of market data operating in the real-time scenario. The analytical studies are conducted ensuring consumer needs with a complete understanding of market capacities in the real-time scenario.

The Key Players covered in this study:-

Aethercomm Inc. -Alcatel-Lucent SA -Analog Devices Inc. -AT&T Inc. -Cisco Systems Inc. -Cree Inc. -Lockheed Martin Corporation -M/A-COM Technology Solutions Holdings Inc. -Mitsubishi Electric Corporation-NXP Semiconductors NV -Qorvo Inc. -Qualcomm Inc. -Murata Manufacturing Co. Ltd -STMicroelectronics NV -Toshiba Corporation

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Overview of RF Power Semiconductor Market Report:

The RF Power Semiconductor market is expected to register a CAGR of 12.7%, during the forecast period 2019 – 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 2019. 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.

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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 analysisThe segments that are expected to dominate the market studiedRegional analysis of the market studied during the forecast periodLatest developments, market shares, and strategies employed by major market players and key innovators3-month analyst support, along with the Market Estimate sheet (in Excel)

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Market Segment by Regions, regional analysis covers

  • North America (the United States, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America (Brazil, Argentina, Colombia, etc.)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

 “We also can offer a customized report to fulfill the special requirements of our clients. Regional and Countries report can be provided as well.”

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