From 2023 to 2033, the global market for radio frequency front end modules is expected to grow at a compound annual growth rate (CAGR) of 6.9%. By 2033, its worth is expected to have increased from US$ 17.0 billion in 2023 to US$ 33.0 billion.
It is projected that the need for technologically sophisticated items in the weaponry of both international and local armed forces would fuel market expansion. The budgets for both developed and developing countries’ armed forces are continuously increasing. Drones, driverless cars, radio frequency, and aircraft carriers are expected to find more military use.
Hence, each central server for wireless and mobile infrastructure must contain radio frequency power amplifiers (PA), which are essential. They are a few of the most expensive sub-assembly components found in modern infrastructure gear.
Radiofrequency semiconductors used in these power amplifiers and generative adversarial networks (GaN), must adjust to the financial and technological challenges that are faced by producers and users of radio frequency power amplifiers. During the forecast period, it is predicted that these factors will increase demand for distinctive radio frequency front end designs.
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Modern mobile devices contain radio frequency front-end modules that transform data from baseband signals with near-zero frequencies into radio signals. These can be sent or received wirelessly. Consequently, radio frequency front-end modules are frequently employed in smartphones.
Compared to other components, the radio frequency front-end module aids in faster and more reliable data transfer in 3G, 4G, 4G LTE, and 5G technologies. Radiofrequency front-end modules are widely used in personal computers, tablets, wearable technology, the industrial internet of things, and mobile broadband.
Key Takeaways from Radio Frequency Front End Module Market Study:
- The USA radio frequency front end module market is expected to be valued at US$ 5.5 billion by 2033.
- China radio frequency front end module market is projected to reach a valuation of US$ 8.4 billion by 2033.
- Japan radio frequency front end module market is set to create an incremental opportunity of US$ 2.6 billion in the evaluation period.
- South Korea radio frequency front end module market is likely to reach US$ 2.0 billion by 2033.
- Based on connectivity, the Wi-Fi category is anticipated to register a CAGR of 6.7% in the forecast period.
“Radio frequency front end modules are frequently employed in military applications. For instance, high-power tactical and military communication radios frequently employ GaN-powered radio frequency front end modules. These radios operate at up to 2.6 GHz of frequency. High demand for military equipment worldwide would spur radio frequency front end module sales,” says a lead analyst at Future Market Insights.
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Competitive Landscape: Radio Frequency Front End Module Market
The worldwide market is extremely fragmented as a result of fierce rivalry. Due to growing innovation, partnerships, and mergers, the industry is predicted to experience high competition throughout the expected period.
A few renowned companies in the global radio frequency front end module market included in the report are STMicroelectronics N.V., Infineon Technologies, Texas Instruments Incorporated, NXP Semiconductors N.V., Broadcom Inc., Qualcomm, Qorvo Inc., Taiyo Yuden Co. Ltd., Murata Manufacturing Co. Ltd., Teradyne Inc., Skyworks Solutions Inc., and TDK Corporation among others.
For instance,
- In September 2021, Murata Manufacturing, a Japan-based semiconductor manufacturer, announced that they have acquired Eta Wireless Incorporation. It is a Massachusetts-based semiconductor company. The reason behind this acquisition is to work on a new technology that can reduce power consumption of radio frequency circuits that are used in wireless communication. Digital envelope tracking technology developed by Eta Wireless Incorporation optimizes voltage of the radio frequency circuit.
- In October 2019, Murata Manufacturing Company Limited announced that they have partnered with Resonant Incorporation, a California-based radio frequency manufacturer. This partnership is expected to allow Murata to use multiple designs of Resonant Incorporation’s XBAR technology. Also, Murata has done a strategic investment of US$ 7 million in Resonant Inc. The XBAR technology is expected to offer high frequency and superior performance, especially in 5G filters.
Get More Valuable Insights into Radio Frequency Front End Module Market
Future Market Insights, in its new offering, provides an unbiased analysis of the radio frequency front end module market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study incorporates compelling insights on the radio frequency front end module market based on component (radio frequency switches, low noise amplifiers, power amplifiers, radio frequency filters), mounting style (through-hole, surface mount device/surface-mount technology), connectivity (Wi-Fi, Bluetooth, ZigBee), cellular technology (3G, 4G, 5G), frequency (less than 2.5 GHz, 2.5GHz to 3.5GHz, above 3.5GHz to 5GHz), application (smartphones, personal computer, tablets, wearables, industrial internet of things, mobile broadband), end-use industry (consumer electronics, automotive, military & defense, medical), and region.
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Radio Frequency Front End Module Market Outlook by Category
By Application:
- Smartphones
- Tablets
- Wearables
- Personal Computer
- Industrial Internet of Things
- Mobile Broadband
- Others
By Components:
- Radio Frequency Switches
- Low Noise Amplifiers
- Power Amplifiers
- Radio Frequency Filters
By Mounting Style:
- Through Hole
- Surface Mount Device/Surface-mount Technology
By Connectivity:
- Wi-Fi
- Wi-Fi 5,
- Wi-Fi 6/6E
- Others
- Bluetooth
- ZigBee
- Others
By Cellular Technology:
- 3G
- 4G
- 5G
- Others
By Frequency:
- Less than 2.5 GHz
- 2.5 to 3.5 GHz
- Above 3.5 GHz to 5 GHz
- Others
By End-use Industry:
- Consumer Electronics
- Automotive
- Military and Defense
- Medical
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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