by The global RF Power Semiconductor Market is estimated to be valued at US$ 20.3486 Bn in 2023 and is expected to exhibit a CAGR of 8.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
RF power semiconductors are used in wireless infrastructure equipment including macro cell radio, small cell radio, and remote radio heads. They provide efficient power amplification at microwave frequencies for applications such as cellular base stations, Wi-Fi access points, and satellite communication systems. RF power semiconductors enable longer battery life in mobile devices and provide higher quality network coverage.
Market key trends:
One of the key trends in the RF power semiconductor market is the growing adoption of gallium nitride (GaN) semiconductors. GaN offers superior material properties compared to traditional gallium arsenide such as higher breakdown voltage, higher electron mobility, and higher thermal conductivity. These properties allow GaN semiconductors to operate at higher frequencies, voltages, and temperatures. As a result, RF power amplifiers built using GaN transistors have higher power added efficiencies and produce less excess heat. The attributes of GaN enable the development of more compact and energy efficient wireless infrastructure equipment for 5G network buildouts.
SWOT Analysis
Strength: The RF power semiconductor market is driven by increasing demand for consumer electronics such as smartphones, tablets, and wearable devices. RF semiconductors help enable wireless connectivity in these devices.
Weakness: Designing RF power semiconductors requires significant R&D investments and specialized manufacturing facilities which increase costs for companies.
Opportunity: Growth of 5G networks worldwide is opening up opportunities for RF power semiconductor suppliers to increase sales of their solutions for telecom infrastructure equipment.
Threats: Intense competition among established players could lead to pricing pressures in the market. Additionally, technological changes may disrupt the market.
Key Takeaways
The global Rf Power Semiconductor Market Size is expected to witness high growth, exhibiting CAGR of 8.7% over the forecast period, due to increasing demand for wireless connectivity in consumer electronics and deployment of 5G networks.
Regional analysis: Asia Pacific region currently dominates the RF power semiconductor market, driven by presence of consumer electronics manufacturers in China, South Korea, Taiwan etc. North America and Europe are other major regions for RF power semiconductors driven by early 5G deployments.
Key players operating in the RF power semiconductor market are Infineon Technologies, Ampleon, Qorvo, Wolfspeed (Cree), Ampleon Netherlands, Broadcom, EPC, Fujitsu Semiconductor, Integra Technologies, MACOM, Microchip Technology, RFHIC, Sumitomo Electric Device Innovations, Toshiba, WIN Semiconductor. These players are focusing on expanding their product portfolio and capabilities through mergers, acquisitions and partnerships.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
