Title: Radio Frequency Integrated Circuit (RFIC) Market
1 Radio Frequency Integrated Circuit (RFIC) Market
Research Report By Forecast 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2Radio Frequency Integrated Circuit (RFIC) Market
Forecast To 2023
Radio Frequency Integrated Circuit (RFIC) 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.
3Radio Frequency Integrated Circuit (RFIC) Market
Forecast To 2023
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
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Radio Frequency Integrated Circuit (RFIC) 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.
4Radio Frequency Integrated Circuit (RFIC) Market
Forecast To 2023
Global Radio Frequency Integrated Circuit (RFIC)
Market Segmented on the basis of
In the past few years, the Radio Frequency
Integrated Circuit (RFIC) 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.
5Radio Frequency Integrated Circuit (RFIC) Market
Forecast To 2023
Global Radio Frequency Integrated Circuit (RFIC)
Market - Geographical Analysis
The global Radio Frequency Integrated Circuit
(RFIC) Market is expected to grow at a CAGR of
10.4 during the forecast period. The
geographical analysis of Radio Frequency
Integrated Circuit (RFIC) 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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6Radio Frequency Integrated Circuit (RFIC) Market
Forecast To 2023
Global Radio Frequency Integrated Circuit (RFIC)
Market - Competitive Analysis
- The key players in the Radio Frequency Integrated
Circuit (RFIC) 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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