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High Power RF Amplifier Market Projected to Reach $14.7 Billion by 2031 Amid 8G and Wireless Connectivity Demand

Posted on May 26, 2023 by admin

At the moment, the global high power RF amplifier market is valued at approximately US$ 4.6 billion. High power RF amplifier sales are expected to grow at a rapid 12.3% CAGR to reach US$ 14.7 billion by 2031. Demand for smart energy in end-use sectors is expected to grow at a CAGR of 10.2% between 2021 and 2031. The global market for amplifiers used in high-frequency applications such as radio and television broadcasting, military and defence, medical equipment, and scientific research is referred to as the High Power RF Amplifier Market. These amplifiers are designed to operate at high power levels, often exceeding 1 kW, and are used to boost the strength of transmitted signals.

The market for High Power RF Amplifiers is expected to expand significantly in the coming years, driven by rising demand for high-speed data communication and the expansion of the telecommunications industry. Other factors driving market growth include the increasing adoption of wireless technologies, rising demand for medical equipment, and increased investments in defence and aerospace.

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Key Takeaways:

  • In terms of industry, the consumer electronics segment is expected to grow at a fast pace on the back of emergence of industrial 4.0 technology.
  • The telecommunication segment is likely to flourish in the forecast period attributable to the high demand for various semiconductor products.
  • East Asia is expected to hold considerable share of the high power RF amplifier market, accounting for nearly 30% of market share.
  • China is anticipated to grow steadily backed by the increasing adoption of novel analog semiconductor components, holding more than 1/3rd of revenue share.
  • India high power RF amplifiers market is expected to emerge as a lucrative market in South Asia owing to the expansion of the consumer electronics industry.

How Will the Cellular Sector’s Adoption of 5G Technology Open the Door for High Power RF Amplifiers?

The adoption of 5G technology in the cellular segment will pave the way for high power RF amplifiers by creating a demand for higher data rates and coverage. 5G networks operate at higher frequencies and require high-power amplifiers to ensure sufficient coverage and capacity. The use of massive MIMO technology in 5G networks also requires high-power amplifiers to transmit and receive signals from multiple antennas simultaneously. As a result, the demand for high-power RF amplifiers will increase, leading to the development and commercialization of new, more efficient and powerful amplifier technologies to meet the needs of 5G networks. This will also create opportunities for innovation in the RF amplifier industry, resulting in improved performance, reduced cost, and increased adoption of 5G technology.

Competitive Landscape

  • Murata Manufacturing Co., Ltd. increased its manufacturing capacity at its current site in Ohda-shi in 2019. Such advancements will improve the production of multilayer ceramic capacitors, allowing the business to keep up with the growing demand for RF power amplifiers.
  • In order to meet the 5G RF power amplification requirements for cellular spectrum, NXP Semiconductors NV added a new product to their range of RF power amplifiers in 2019.

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Key Companies Profiled

  • Qualcomm Technologies, Inc.
  • Qorvo, Inc
  • Skyworks Solutions, Inc.
  • Broadcom Limited
  • Murata Manufacturing Co., Ltd.
  • Infineon Technologies AG

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