Radio Frequency Integrated Circuit market

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Radio Frequency Integrated Circuit market By Application (power amplifier, transceiver, wireless USB, Bluetooth, Wi-Fi, Wi-max, ZigBee, GPS, NFC), Vertical (electronics, automotive, government) – Global Forecast till 2023

Radio Frequency Integrated Circuit market

Research Report By Forecast 2023

Industry Survey, Growth, Competitive Landscape

and Forecasts to 2023

PREPARED BY

Market Research Future

(Part of Wantstats Research & Media Pvt. Ltd.)


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Radio Frequency Integrated Circuit market Forecast To 2023

Radio Frequency Integrated Circuit market Forecast To 2023

Among the vertical segments – consumer elctronics, automotive, government and defense, and others; the market

for consumer electronics segment is expected to have highest market share throughout the forecast period. The RFIC

chips also have a potential market in the automotive industry. The vehicle-to-vehicle connection, security

technologies and automated driving technology, all comprise of RFIC based electronic devices. The concept of

autonomous vehicles, such as smart cars, connected cars and driverless cars is gaining ground and thus, the

application of RFIC is expected to grow in the future. The automotive segment is expected to grow with the highest

CAGR.


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Radio Frequency Integrated Circuit market Forecast To 2023

“Taste the market data and market information presented through more than 50 market data tables

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TOC & market synopsis on Internet of Radio Frequency Integrated Circuit market Forecast To 2023”

• The RFIC chips also have a potential market in the automotive industry. The vehicle-to-vehicle connection,

security technologies and automated driving technology, all comprise of RFIC based electronic devices. The

concept of autonomous vehicles, such as smart cars, connected cars and driverless cars is gaining ground and

thus, the application of RFIC is expected to grow in the future. The automotive segment is expected to grow with

the highest CAGR.


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Radio Frequency Integrated Circuit market Forecast To 2023

Global Radio Frequency Integrated Circuit market Segmented on the basis of

In the past few years, the Radio Frequency Integrated Circuit market has experienced a high growth.

Various RFIC manufacturers are present in Japan and China, which boost the market share. China is

expected to grow at the highest CAGR in APAC region while Japan is projected to show single digit growth

rate during the forecast period. The market size of APAC is estimated to grow at the highest CAGR from

2018-2023, followed by Europe.


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Radio Frequency Integrated Circuit market Forecast To 2023

Global Radio Frequency Integrated Circuit market - Geographical Analysis

The global Radio Frequency Integrated Circuit market is expected to grow at a CAGR of 10.4% during the forecast

period. The geographical analysis of Radio Frequency Integrated Circuit market is studied for North America,

Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).

North America holds the largest market share and is expected to continue this dominance during the forecast

period. North America has one of the most highly developed Consumer electronics and semiconductor sectors in

countries like the US and Canada, and thus has greater adoption of RFIC. Further to this, APAC closely following

North America in terms of revenue generation considering APAC to be advancing in terms of technology and its

adoption. Also, APAC has large customer base and rapidly growing electronics and semiconductor industry.

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Radio Frequency Integrated Circuit market Forecast To 2023

Global Radio Frequency Integrated Circuit market - Competitive Analysis

• The key players in the Radio Frequency Integrated Circuit market are identified across all the major regions based

on their country of origin, presence across different regions, recent key developments, product diversification,

and industry expertise. Some of them are— Qualcomm Technologies Inc. (US), Cree, Inc. (US), Silicon Laboratories

(US), Infineon Technologies AG (Germany), STMicroelectronics (Switzerland), Qorvo, Inc. (US), OctoTech Inc. (US),

Peak RF (UK), Skyworks Solutions Inc. (US), Analog Devices, Inc. (US), NXP Semiconductors (US), Broadcom Inc.

(US). The key strategies adopted by most of the players are partnerships and agreements, collaborations, and new

product releases.

• Apart from the companies mentioned above, other companies from APAC are the key players in this market.

These include Samsung Electronics Co (South Korea), Renesas Electronics Corporation (Japan), Kangxi

Communication Technology Co. Ltd. (China) and others.

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