Abstract
Summary
RF signal chain components market size is valued at USD 38.9 billion in 2022 and is anticipated to be USD 80.0 billion by 2028; growing at a CAGR of 12.3% from 2023 to 2028. The growing demand of factors such as increasing investments in 5G infrastructure development.
Growing SATCOM applications to have significant market size during the forecast period.
In the space application, RF components are used in various broadband satellite communication (SATCOM) systems. Different remote systems operate thousands of miles from the Earth’s surface and are rarely accessible once launched; hence, they must be reliable and efficient to operate in space. These systems have to perform several functions, such as relaying communication signals, transmitting precise navigation signals, monitoring weather conditions, pinpointing activities on the Earth, providing strategic warnings, and exploring the solar system.
Growing deployment of Indium phosphide (InP) in RF devices to grow significantly during the forecast period.
Indium phosphide (InP) is one of the major semiconductor materials used in developing optical systems to deliver the required performance in mobile backhaul, data centers, and metro and long-haul network applications. It has been used in the field of optoelectronics for a long time. The use of indium phosphide RF components enables efficient fiber communication.
X band is expected to have significant market size during the forecast period.
X band frequencies range from 8 to 12 GHz. X band frequencies are highly sensitive and capable of detecting small particles and are often used by radars. The X band is used in continuous wave, pulsed, single and dual-polarized, and phased array applications. The short wavelength of this band allows high-resolution imagery for target discrimination and identification. With a wavelength of 2.5 to 3.8 cm, the X band is used by civil, military, and government institutions for air traffic control, weather monitoring, surveillance, maritime vessel traffic control, and vehicle speed detection. The shorter wavelengths of the X band allow for higher-resolution imagery from high-resolution imaging radars for target identification and discrimination.
Couplers to have significant market in North America during the forecast period.
The market for couplers in North America is expected to grow with a significant CAGR during the forecast period attributed to the rollout of 5G networks. 5G technology requires a denser network infrastructure with more base stations and small cells. Couplers are needed in various aspects of 5G networks, including signal distribution, signal monitoring, and testing. The ongoing deployment of 5G in North America is fueling the regional coupler market growth.
Europe to have second second-largest market growth during the forecast period.
Europe is taking significant steps toward 5G deployment. The European Commission identifies 5G standards as one of the priorities. The rollout of 5G with improved coverage has already started in this region. The availability of a significant number of devices at various prices, increasing installation of IoT devices, and growing use of music and video streaming services are among a few factors driving the adoption of 5G devices in Europe. With the commercialization of the 5G network and the rise in the adoption of 5G-enabled devices, overall data usage and speed are expected to increase rapidly across Europe.
The breakup of primaries conducted during the study is depicted below:
• By Company Type: Tier 1 – 38 %, Tier 2 – 28%, and Tier 3 –34%
• By Designation: C-Level Executives – 40%, Directors – 30%, and Others – 30%
• By Region: North America– 35%, Europe – 20%, Asia Pacific – 35%, RoW – 10%
The key players operating in the RF signal chain components market are Qorvo, Inc. (US), Murata Manufacturing Co., Ltd. (Japan), Skyworks Solutions, Inc. (US), Broadcom (US), Analog Devices, Inc. (US), NXP Semiconductors (Netherlands), STMicroelectronics (Switzerland), CPI International (US), National Instruments Corp. (US), MACOM (US), Infineon Technologies AG (Germany), Mitsubishi Electric (Japan), Texas Instruments (TI) (US), Cobham Limited (UK), Astra Microwave Products Limited (India), Microchip Technology Inc. (US), MicroWave Technology, Inc. (US), Panasonic Holdings Corporation (Japan), Raytheon Technologies (US), Wolfspeed (US), APITech (US), Sumitomo Electric Industries, Ltd. (Japan), RFHIC Corporation (South Korea), Thales (France), VectraWave (France).
The report defines, describes, and forecasts the RF signal chain component market based on product,material, frequency, application and region. It provides detailed information regarding drivers, restraint, opportunities, and challenges influencing the growth of RF signal chain component market. It also analyzes competitive developments such as product launches, acquisition, expansion contract, partnership and action carry out by the key players to grow the market.
Reasons to Buy This Report
The report will help the market leaders/new entrants in the market with information on the closest approximations of the revenue for the overall RF signal chain component market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insight to position their business better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market's pulse and provides information on key drivers, restraint, opportunities, and challenge.
The report will provide insights into the following pointers:
• Analysis of key drivers (Increasing demand for RF component in aerospace & defense industry), restraints (Increasing cost of RF devices with performance improvements), opportunities (Increasing number of space programs worldwide), and challenges (Regulatory barriers)
• Product development /Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the RF signal chain component market.
• Market Development: Comprehensive information about lucrative markets; the report analyses the RF signal chain component market across various regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the RF signal chain component market.
• Competitive Assessment: In-depth assessment of market share, growth strategies, and services, offering of leading players like Qorvo, Inc. (US), Murata Manufacturing Co., Ltd. (Japan), Skyworks Solutions, Inc. (US), Analog Devices, Inc. (US), among others in RF signal chain component market.
Table of Contents
1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION 25
1.3 STUDY SCOPE 26
1.3.1 MARKETS COVERED 26
1.3.2 REGIONAL SCOPE 27
1.3.3 YEARS CONSIDERED 27
1.3.4 INCLUSIONS AND EXCLUSIONS 28
1.3.5 CURRENCY CONSIDERED 28
1.4 STAKEHOLDERS 28
1.5 SUMMARY OF CHANGES 29
1.6 LIMITATIONS 29
1.7 RECESSION IMPACT 29
2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
2.1.1 SECONDARY AND PRIMARY RESEARCH 32
- 2.1.1.1 Key industry insights 33
2.1.2 SECONDARY DATA 33
- 2.1.2.1 List of major secondary sources 33
- 2.1.2.2 Secondary sources 34
2.1.3 PRIMARY DATA 34
- 2.1.3.1 Breakdown of primaries 34
- 2.1.3.2 Participants and key opinion leaders for primary interviews 35
- 2.1.3.3 Key data from primary sources 35
2.2 MARKET SIZE ESTIMATION 36
2.2.1 BOTTOM-UP APPROACH 36
- 2.2.1.1 Approach to derive market size using bottom-up analysis (demand side) 36
2.2.2 TOP-DOWN APPROACH 37
- 2.2.2.1 Approach to derive market size using top-down analysis (supply side) 37
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 38
2.4 RESEARCH ASSUMPTIONS 39
2.5 RESEARCH LIMITATIONS 40
2.6 RISK ASSESSMENT 40
2.7 APPROACH TO ANALYZE IMPACT OF RECESSION ON RF SIGNAL CHAIN COMPONENT MARKET 41
3 EXECUTIVE SUMMARY 42
3.1 IMPACT OF RECESSION 42
4 PREMIUM INSIGHTS 47
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN RF SIGNAL CHAIN COMPONENT MARKET 47
4.2 RF SIGNAL CHAIN COMPONENT MARKET, BY PRODUCT 48
4.3 RF SIGNAL CHAIN COMPONENT MARKET, BY APPLICATION 49
4.4 RF SIGNAL CHAIN COMPONENT MARKET, BY FREQUENCY 50
4.5 RF SIGNAL CHAIN COMPONENT MARKET, BY MATERIAL TYPE 50
4.6 ASIA PACIFIC RF SIGNAL CHAIN COMPONENT MARKET, BY PRODUCT AND COUNTRY 51
4.7 RF SIGNAL CHAIN COMPONENT MARKET, BY COUNTRY 51
5 MARKET OVERVIEW 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 52
5.2.1 DRIVERS 53
- 5.2.1.1 Increased demand for RF components in aerospace & defense industry 53
- 5.2.1.2 Rising demand for smartphones and mobile phones 54
- 5.2.1.3 Increasing investments in 5G network infrastructure development 55
5.2.2 RESTRAINTS 56
- 5.2.2.1 Increase in cost of RF devices with performance improvements 56
5.2.3 OPPORTUNITIES 57
- 5.2.3.1 Increasing number of space programs worldwide 57
- 5.2.3.2 Growing demand for RF equipment in automotive sector 58
- 5.2.3.3 Increasing deployment of RF devices in smart cities 58
5.2.4 CHALLENGES 59
- 5.2.4.1 Regulatory barriers 59
- 5.2.4.2 Design complexities associated with RF devices 60
5.3 VALUE CHAIN ANALYSIS 60
5.4 ECOSYSTEM MAPPING 63
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 64
5.6 PRICING ANALYSIS 65
5.7 TECHNOLOGY ANALYSIS 66
5.7.1 ADVANCEMENTS IN FREQUENCY BANDS 66
5.7.2 5G IN SATELLITE COMMUNICATION 66
5.7.3 ADVANCEMENTS IN WARFARE TECHNOLOGY 66
5.8 PORTER’S FIVE FORCES ANALYSIS 67
5.8.1 INTENSITY OF COMPETITIVE RIVALRY 68
5.8.2 THREAT OF SUBSTITUTES 68
5.8.3 BARGAINING POWER OF BUYERS 68
5.8.4 BARGAINING POWER OF SUPPLIERS 68
5.8.5 THREAT OF NEW ENTRANTS 69
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 69
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 69
5.9.2 BUYING CRITERIA 70
5.10 CASE STUDY ANALYSIS 71
5.10.1 WAINWRIGHT INSTRUMENTS GMBH DEVELOPED METOP-SG SATELLITES FOR DEFENSE AND SPACE APPLICATIONS 71
5.10.2 LEADING MEDICAL DEVICE COMPANY MANUFACTURED PACEMAKER EQUIPPED WITH QORVO’S FILTERS TO INCREASE RANGE AND EFFICIENCY OF RADIO WITHIN PACEMAKER 71
5.10.3 NASA SELECTED INTEGRATED MICROWAVE ASSEMBLY COMPONENTS OF QORVO, INC. FOR MARS EXPLORATION INITIATIVES 71
5.11 TRADE ANALYSIS 72
5.11.1 IMPORT SCENARIO 72
5.11.2 EXPORT SCENARIO 73
5.12 PATENT ANALYSIS 73
5.13 KEY CONFERENCES AND EVENTS, 2022-2023 77
5.14 TARIFF ANALYSIS 78
5.15 REGULATORY LANDSCAPE AND STANDARDS 78
5.15.1 NORTH AMERICA 78
5.15.2 EUROPE 79
5.15.3 ASIA 79
5.15.4 STANDARDS 79
6 RF SIGNAL CHAIN COMPONENT MARKET, BY PRODUCT 81
6.1 INTRODUCTION 82
6.2 RF AMPLIFIERS 85
6.2.1 LOW-NOISE AMPLIFIERS (LNAS) 87
- 6.2.1.1 Increased demand for consumer electronics to drive market 87
6.2.2 POWER AMPLIFIERS 88
- 6.2.2.1 Growing adoption of military and advanced communication systems to fuel demand 88
6.3 VOLTAGE-CONTROLLED OSCILLATORS (VCOS) 89
6.3.1 EASE OF INTEGRATION WITH OTHER RECEIVER AND TRANSMITTER FUNCTIONS TO DRIVE DEMAND 89
6.4 POWER DIVIDERS 91
6.4.1 GROWING USE IN AUTOMOTIVE DRIVER ASSISTANCE SYSTEMS TO DRIVE MARKET 91
6.5 MIXERS 93
6.5.1 CAPABILITY TO OFFER BEST-IN-CLASS ISOLATION AND CONVERSION LOSSES WITH LOW INPUT POWER TO FUEL DEMAND 93
6.6 FILTERS 95
6.6.1 ABILITY TO REDUCE SIZE AND COST OF MULTIBAND RECEIVERS TO FUEL DEMAND 95
6.7 SWITCHES 97
6.7.1 LOW INSERTION LOSS AND HIGH PORT-TO-PORT ISOLATION FEATURES TO FUEL DEMAND 97
6.8 ATTENUATORS 99
6.8.1 RISING USE IN HIGH-FREQUENCY AND BROADBAND COMMUNICATION TO DRIVE MARKET 99
6.9 DIPLEXERS 101
6.9.1 RISING USE IN KA BAND FOR 5G NETWORKING TO DRIVE MARKET 101
6.10 DUPLEXERS 103
6.10.1 GROWING USE IN RF COMMUNICATION TRANSCEIVER CIRCUITS TO TRANSMIT AND RECEIVE SIGNAL WITH ONLY ONE ANTENNA TO DRIVE MARKET 103
6.11 COUPLERS 105
6.11.1 ABILITY TO SAMPLE SIGNAL PROPAGATION FORWARD OR BACKWARD TO FUEL MARKET GROWTH 105
6.12 PHASE SHIFTERS 107
6.12.1 LOW PHASE ERRORS AND INSERTION LOSSES TO DRIVE DEMAND 107
7 RF SIGNAL CHAIN COMPONENT MARKET, BY FREQUENCY BAND 109
7.1 INTRODUCTION 110
7.2 VHF/UHF BAND (30-1000 MHZ) 112
7.2.1 GROWING DEMAND FOR MODERN WIRELESS COMMUNICATION SYSTEMS TO DRIVE MARKET 112
7.3 L BAND (1-2 GHZ) 114
7.3.1 INCREASED USE OF WIDEBAND-INTENSIVE APPLICATIONS IN DIFFERENT INDUSTRIES TO DRIVE MARKET 114
7.4 S BAND (2-4 GHZ) 115
7.4.1 INCREASED ADOPTION OF WEATHER AND SHIP RADARS TO FUEL MARKET GROWTH 115
7.5 C BAND (4-8 GHZ) 117
7.5.1 LOW-COST BANDWIDTH AND EXCELLENT PERFORMANCE IN HARSH WEATHER CONDITIONS TO DRIVE DEMAND 117
7.6 X BAND (8-12 GHZ) 118
7.6.1 HIGH-RESOLUTION IMAGERY FOR TARGET IDENTIFICATION AND DISCRIMINATION TO DRIVE DEMAND 118
7.7 KU BAND (12-18 GHZ) 120
7.7.1 COST-EFFECTIVENESS AND EASE OF USE FEATURES TO FUEL DEMAND 120
7.8 K BAND (18-27 GHZ) 121
7.8.1 GROWING USE BY METEOROLOGISTS, POLICE DEPARTMENTS, AND LAW ENFORCEMENT AGENCIES TO BOOST MARKET GROWTH 121
7.9 KA BAND (26.5-40 GHZ) 123
7.9.1 RISING DEPLOYMENT OF 5G IN KA BAND TO ENSURE UNINTERRUPTED MOBILE INTERNET CONNECTION TO FUEL MARKET GROWTH 123
7.10 V BAND (40-75 GHZ) 125
7.10.1 GROWING ADOPTION IN RADIO BACKHAUL SOLUTIONS FOR SMALL-CELL BACKHAULS TO FUEL MARKET GROWTH 125
7.11 W BAND (75-110 GHZ) 126
7.11.1 HIGH BROADBAND CAPABILITY AND UNCLUTTERED SPECTRUM FOR VARIOUS APPLICATIONS TO DRIVE MARKET 126
8 RF SIGNAL CHAIN COMPONENT MARKET, BY MATERIAL TYPE 128
8.1 INTRODUCTION 129
8.2 GALLIUM ARSENIDE (GAAS) 130
8.2.1 RISING USE IN HIGHLY SENSITIVE SATCOM AND RADAR APPLICATIONS TO DRIVE MARKET 130
8.3 GALLIUM NITRIDE (GAN) 132
8.3.1 HIGH ELECTRON MOBILITY FEATURE TO INCREASE USE IN RF COMMUNICATION DEVICES 132
8.4 SILICON 133
8.4.1 LOW MANUFACTURING COST TO DRIVE MARKET 133
8.5 SILICON-GERMANIUM 134
8.5.1 POTENTIAL TO ENABLE HIGH-SPEED COMMUNICATION TO DRIVE DEMAND 134
8.6 OTHER MATERIAL TYPES 135
9 RF SIGNAL CHAIN COMPONENT MARKET, BY APPLICATION 137
9.1 INTRODUCTION 138
9.2 TELECOMMUNICATION INFRASTRUCTURE 140
9.2.1 RISING DEMAND FOR CARRIER FREQUENCIES TO PROVIDE HIGH-QUALITY WIRELESS TELECOMMUNICATION TO DRIVE MARKET 140
- 9.2.1.1 Macrocell 141
- 9.2.1.2 Microcell 141
- 9.2.1.3 Femtocell 141
9.3 CONSUMER ELECTRONICS 143
9.3.1 GROWING USE OF SMARTPHONES AND INCREASING DEMAND FOR FAST DATA TRANSFER RATES TO DRIVE DEMAND 143
9.4 SATCOM 144
9.4.1 INCREASING NUMBER OF SPACE PROGRAMS WORLDWIDE TO DRIVE MARKET 144
9.5 AUTOMOTIVE 145
9.5.1 GROWING TREND OF AUTONOMOUS VEHICLES TO ACCELERATE DEMAND 145
9.6 AEROSPACE & DEFENSE 147
9.6.1 SURGING DEMAND IN SURVEILLANCE ACTIVITIES AT BORDERS TO BOOST MARKET GROWTH 147
9.7 MEDICAL 149
9.7.1 INCREASED DEPLOYMENT OF IDAS TO PROVIDE CONNECTIVITY COVERAGE IN HOSPITALS TO DRIVE MARKET 149
9.8 OTHER APPLICATIONS 150
10 RF SIGNAL CHAIN COMPONENT MARKET, BY REGION 152
10.1 INTRODUCTION 153
10.2 NORTH AMERICA 154
10.2.1 US 158
- 10.2.1.1 Large presence of prominent Industrial IoT (IIoT) companies and healthy growth of smartphone and automotive markets to drive demand 158
10.2.2 CANADA 159
- 10.2.2.1 Increasing defense budget to boost market growth 159
10.2.3 MEXICO 159
- 10.2.3.1 Growing automotive sector to drive demand 159
10.2.4 NORTH AMERICAN RF SIGNAL CHAIN COMPONENT MARKET: RECESSION IMPACT 160
10.3 EUROPE 160
10.3.1 GERMANY 164
- 10.3.1.1 Expanding consumer electronics and telecommunications industries to create growth opportunities for market players 164
10.3.2 UK 165
- 10.3.2.1 Expanding aerospace & defense industry to drive market 165
10.3.3 FRANCE 165
- 10.3.3.1 Surging demand for consumer electronics to boost market growth 165
10.3.4 ITALY 166
- 10.3.4.1 Government-led initiatives to promote semiconductor manufacturing to fuel demand 166
10.3.5 REST OF EUROPE 166
10.3.6 EUROPEAN RF SIGNAL CHAIN COMPONENT MARKET: RECESSION IMPACT 166
10.4 ASIA PACIFIC 167
10.4.1 CHINA 170
- 10.4.1.1 Rising defense spending and technological advancements in RF signal chain components to drive market 170
10.4.2 JAPAN 171
- 10.4.2.1 Increasing investments in healthcare and aerospace & defense industries to fuel demand 171
10.4.3 INDIA 171
- 10.4.3.1 Government-led initiatives to develop in-house semiconductor manufacturing facilities to boost market growth 171
10.4.4 REST OF ASIA PACIFIC 171
10.4.5 ASIA PACIFIC RF SIGNAL CHAIN COMPONENT MARKET: RECESSION IMPACT 172
10.5 ROW 172
10.5.1 MIDDLE EAST & AFRICA 175
- 10.5.1.1 Growing development of mobile backhaul solutions to drive demand 175
10.5.2 SOUTH AMERICA 175
- 10.5.2.1 Increasing investments in aerospace & defense industry to boost market growth 175
10.5.3 ROW RF SIGNAL CHAIN COMPONENT MARKET: RECESSION IMPACT 175
11 COMPETITIVE LANDSCAPE 176
11.1 OVERVIEW 176
11.2 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS 176
11.3 REVENUE ANALYSIS, 2020-2022 179
11.4 MARKET SHARE ANALYSIS, 2022 180
11.5 COMPANY EVALUATION MATRIX, 2022 183
11.5.1 STARS 183
11.5.2 EMERGING LEADERS 183
11.5.3 PERVASIVE PLAYERS 183
11.5.4 PARTICIPANTS 183
11.6 COMPANY FOOTPRINT 185
11.7 STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022 188
11.7.1 PROGRESSIVE COMPANIES 188
11.7.2 RESPONSIVE COMPANIES 188
11.7.3 DYNAMIC COMPANIES 188
11.7.4 STARTING BLOCKS 188
11.8 COMPETITIVE BENCHMARKING 191
11.9 COMPETITIVE SCENARIOS AND TRENDS 192
11.9.1 PRODUCT LAUNCHES 192
11.9.2 DEALS 193
12 COMPANY PROFILES 194
12.1 KEY PLAYERS 194
12.1.1 ANALOG DEVICES, INC 194
12.1.2 QORVO, INC 200
12.1.3 SKYWORKS SOLUTIONS, INC 205
12.1.4 BROADCOM 209
12.1.5 MURATA MANUFACTURING CO., LTD 212
12.1.6 MACOM 216
12.1.7 NATIONAL INSTRUMENTS CORP 221
12.1.8 CPI INTERNATIONAL 225
12.1.9 STMICROELECTRONICS 227
12.1.10 NXP SEMICONDUCTORS 230
12.2 OTHER PLAYERS 233
12.2.1 INFINEON TECHNOLOGIES AG 233
12.2.2 MITSUBISHI ELECTRIC 234
12.2.3 TEXAS INSTRUMENTS 235
12.2.4 COBHAM LIMITED 236
12.2.5 ASTRA MICROWAVE PRODUCTS LIMITED 237
12.2.6 MICROCHIP TECHNOLOGY INC 237
12.2.7 MICROWAVE TECHNOLOGY, INC 238
12.2.8 PANASONIC HOLDINGS CORPORATION 239
12.2.9 RAYTHEON TECHNOLOGIES CORPORATION 240
12.2.10 WOLFSPEED 241
12.2.11 APITECH 241
12.2.12 SUMITOMO ELECTRIC INDUSTRIES, LTD 242
12.2.13 RFHIC CORPORATION 243
12.2.14 THALES 243
12.2.15 VECTRAWAVE 244
13 APPENDIX 245
13.1 DISCUSSION GUIDE 245
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 249
13.3 CUSTOMIZATION OPTIONS 251
13.4 RELATED REPORTS 251
13.5 AUTHOR DETAILS 252