The RF interconnect market is anticipated to be at US$ 31.56 billion in 2023 and increase at a CAGR of 7.5% from 2023 to 2033. By 2033, the RF interconnect market is predicted to be valued at US$ 65.05 billion.
A group of devices linked together to transfer signals across great distances is known as RF (Radio Frequency) interconnects. These comprise RF connectors, adapters, attenuators, cables, and cable assemblies. The market growth is being driven by the increased demand for next-generation sophisticated warfare systems, as well as the expanding demand for RF cable assemblies in the aerospace, military, and telecommunications sectors.
Technology Juggernauts Introducing Significant Investments in New Data Centre Infrastructures to Augment their Reach Internationally
In order to expand their worldwide reach, technology companies are focusing on making significant investments in new data center infrastructures, mostly in emerging nations. A large network of connections, such as optical fiber cables and coaxial cables, is needed when setting up new data centers and information and technology (IT) hubs. RF cables should become more popular as a result of this. These results in the escalation of the RF interconnect market trends.
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The opening of a new data center region in Spain was made possible by a partnership between Microsoft Corp. and the Spanish telecommunications firm Telefónica S.A. Businesses, both public and private, were the companies’ target markets. To better serve Telefónica S.A.’s consumers globally, they also aimed to strengthen their global strategic partnership and accelerate digital transformation.
Type Category Supremacy Held by the RF Cable Assembly Segment
In the type category, the RF cable assembly segment commanded the RF interconnect market. Cable assembly is the process of assembling one or more cables into a single tube. The ends are given connectors, which are attached to adapters. RF cable assemblies are the cables used to transmit RF signals from one component of a system to another.
Regional Outlook
Through 2033, Asia Pacific is expected to dominate the RF interconnect industry, with a share of 44.02% of all sales. Better manufacturing facilities, better government initiatives, increased construction, and increased expenditures in new infrastructure are some factors that are driving the need for RF interconnect components in the Asia Pacific region.
- For instance, the Andaman and Nicobar Islands and the rest of India are now connected by a special underwater optical fiber cable that the Indian Prime Minister inaugurated in August 2020. By enabling quicker internet data transfer, the government hopes to boost the regional economy.
Key Takeaways
- With a market value of US$ 9,081.8 million, the market’s dominant segment, RF cable assembly in the type category, is anticipated to record a CAGR of more than 6% during the forecast period.
- From 2023 to 2033, the RF cable assembly in the type category grabs RF interconnect market share of around 33%.
- During the forecast period, the RF coaxial adapter segment in the type category is anticipated to register a CAGR of around 8.7%.
- With a market value of US$ 11,443.0 million and a CAGR of 7.0%, the up to 50 GHz segment of the frequency category dominated.
- During the anticipated period, the up to 50 GHz segment of frequency category is expected to gain an RF interconnect market share of 41.9%.
- Between 2023 and 2033, the up to 6 GHz sector of frequency category is projected to expand at a CAGR of 8.5%.
- With a market share of US$ 19,455.33 million in 2023 and an expected CAGR of 7.4%, the other segment of the end-user category is expected to continue to dominate the market.
- Between 2023 and 2033, the industrial sector of the end-user category is projected to expand quickly, with a CAGR of 8.7%.
- Between 2023 and 2033, Asia Pacific had a 44.02% revenue share of the global RF interconnect market.
- Throughout the projected period, North America is expected to develop at a swift rate, with a CAGR of 8.3%.
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Competitive Landscape
Quantic Electronics, Delta Electronics, Inc., Cobham Advanced Electronic Solutions, Ducommun Incorporated, and ETL Systems Ltd. are a few well-known RF interconnect market participants.
For industries and sectors such as consumer electronics, networking and communications, automotive, manufacturing, aerospace & military, and healthcare, these businesses manufacture and sell RF interconnects.
The market players are being compelled by changing business models and competitive pressures to shorten development cycles, innovate consistently, miniaturize electronic components, and offer highly reliable and stable RF components.
Recent Development
Acquisition
It was revealed in June 2022 that Quantic Electronics had acquired Microwave Dynamics. Microwave Dynamics created phase-locked and free-running oscillators, frequency multipliers, and converters for use in the industrial, aerospace, and defense sectors. The acquisition increased the portfolio of Quantic Electronics.
Introduction
Amphenol RF added an SMA bulkhead jack to its lineup of RF connectors for demanding environments in December 2022. This IP67-rated waterproof connection can be used to terminate a flexible, low-loss LMR 400 cable. In addition to the features of the well-known interface that are typical of it, this connector provides additional protection against damage to external components.
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Key Segments
By Type:
- RF Cable
- RF Cable Assembly
- RF Coaxial Adapter
- RF Connector
By Frequency:
- Up to 6 GHz
- Up to 50 GHz
- Above 50 GHz
By End User:
- Aerospace & Defense
- Medical
- Industrial
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East & Africa
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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