The marketplace for 5G RF transceivers is anticipated to develop by 30.4% within the coming yr: P&S Intelligence
NEW YORK, 22nd September 2020 / PRNewswire / – According to P&S Intelligence, the global 5G RF transceiver market size reached 112.0 million in 2019. Robust growth of 30.4% is forecast for the period 2020–2030. The market has seen growth due to the increasing demand for transceivers for sending and receiving 5G signals in the telecommunications sector, the increasing adoption of IoT, and increasing sales of mobile communications devices.
Because of the application, the 5G RF Transceiver market is segmented into mobile devices, base stations, embedded modules, radar systems, and others. Among these, the mobile devices business is expected to have the highest CAGR in the coming years due to the proliferation of smartphones around the world. People’s dependence on mobile communication devices has increased rapidly, which is why the demand for mobile phones and the penetration of the 5G network are also increasing.
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With the design in mind, the 5G radio frequency transceiver market is divided into single chip transceivers and standalone chip transceivers, among which standalone chip transceivers category has had the larger market share in the past. These transceivers use less power compared to their counterparts. Additionally, standalone chip transceivers can operate at low voltages in wireless systems, which is expected to grow the category faster in the years to come.
Browse the report with detailed TOC on 5G RF Transceivers Market Research report: By Design (Single Chip Transceiver, Standalone Chip Transceiver), Application (Base Stations, Mobile Devices, Radar Systems, Embedded Modules), Vertical (Consumer Electronics, Telecommunications, Cables ) / Broadcasting, Aerospace, Military & Defense, Healthcare) – Global Industry Analysis and Growth Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/5g-rf-transceiver-market-forecast
The European region is expected to have a significant share of the 5G RF transceiver market in the coming years as regional governments increasingly source radar systems and air defense systems. This is happening due to the transnational disputes and the increasing political unrest in the region. In addition, the growing telecommunications sector and rapid adoption of 5G are expected to lead to growth in the regional market.
Product launches are adopted by companies in this area as the most important strategic development in order to gain a competitive advantage. For example, Huawei Technologies Co. Ltd. has introduced its tunable ultra high speed optical module 800G in February 2020. The module is compatible with line rates in the range of 200 to 800 gigabits per second and designed for a bandwidth of up to 48 terabits per second on a single fiber.
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Major players in the 5G RF transceiver market include Infineon Technologies AG, Texas Instruments Incorporated, Nokia Corporation, Analog Devices Inc., STMicroelectronics NV, Broadcom Inc., Telefonaktiebolaget LM Ericsson, Qorvo Inc., Qualcomm Incorporated, Skyworks Solutions Inc ., Samsung Electronics Co. Ltd., NXP Semiconductors NV, Murata Manufacturing Co. Ltd., On Semiconductor Corporation, ZTE Corporation and Fujitsu Limited.
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RF transceiver market
The growing demand for mobile devices and the increasing adoption of the Internet of Things (IoT) technology are the key factors positively influencing the global RF transceiver market. It is expected to generate $ 3,384.5 million Revenue up to 2030 with a CAGR of 0.8% in the forecast period (2020-2030).
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The growing demand for smartphones and the increasing acceptance of Internet of Things (IoT) technology are positively driving the global RF semiconductor market. It is expected to generate $ 5.0 billion Revenue up to 2030 with a CAGR of 8.8% in the forecast period (2020-2030).
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SOURCE P&S Intelligence