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The Global RF Power Semiconductor Market Growth Accelerated By Increased Penetration Of 5G Technology

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ashwinicmi
The Global RF Power Semiconductor Market Growth Accelerated By Increased Penetration Of 5G Technology

RF power semiconductors are used in wireless communication, aerospace & defense, industrial applications. They deliver enhanced power efficiency, reduce power consumption while increasing range and reliability. RF power semiconductors are extensively used in various 5G applications such as base stations, small cells, and radio units. Increased deployment of 5G networks globally is expected to drive the demand for RF power semiconductors.

The global RF power semiconductor market is estimated to be valued at US$ 20.35 Bn in 2023 and is expected to exhibit a CAGR of 8.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The increased penetration of 5G technology is one of the major trends driving the growth of the RF power semiconductor market. 5G deployment requires advanced RF front-end modules with high power capabilities to support high frequencies and new spectrum bands. RF power semiconductors play a critical role in wireless infrastructure equipment used for 5G networks. They allow telecom operators to increase network capacity and provide end users with faster data transfer speeds. As 5G rollouts continue globally, demand for advanced RF devices with increased power handling capabilities will rise significantly. This is expected to support the revenue growth of RF power semiconductor manufacturers over the forecast period.

Segment Analysis

The global RF power semiconductor market is dominated by the telecommunication segment. 5G deployment across the globe has boosted the demand for RF semiconductor components in wireless network infrastructure equipment. 5G uses higher frequency ranges which require more advanced RF power semiconductor components for signal transmission and reception. RF semiconductors support 5G innovations like advanced beamforming and massive MIMO which demands sophisticated RF solutions.

Key Takeaways

The Global RF Power Semiconductor Market Demand is expected to witness high growth over the forecast period supported by increasing 5G deployments worldwide. Regional analysis related content comprises Asia Pacific dominates the market currently due to massive 5G infrastructure investments in China and South Korea. These countries are in the forefront of 5G deployment which is driving significant demand for RF power semiconductors.

Key players related content comprises Key players operating in the RF power semiconductor market incorporate Reckitt Benckiser Group PLC, Church & Dwight Co. Inc., Okamoto Industries Inc., Karex Berhad, and Humanwell Group. Reckitt Benckiser Group PLC leads the market with wide range of RF power components catering to base station and device requirements of 5G networks. Church & Dwight Co. Inc. specializes in RF power management ICs supporting network virtualization while Okamoto Industries Inc focuses on RF power amplifiers and Doherty amplifiers. Karex Berhad and Humanwell Group cater to growing needs of 5G infrastructure equipments in Asia with their RF transistor and switching solutions.


Get more insights on this topic:

https://www.marketwebjournal.com/rf-power-semiconductor-market-size-market-share-analysis/

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