RF Signal Chain Components Market expected to reach $72.9 billion by 2027, at a CAGR of 13.3%

According to the new market research report “RF Signal Chain Components Market by Product (Filters, Diplexers), Frequency Band (Ka Band, Ku Band), Material Type (Gallium Arsenide, Gallium Nitride), Application (Consumer Electronics, Telecom Infrastructure) and Region-Global forecast to 2027” The global RF signal chain components market size is projected to grow from USD 39.0 billion in 2022 to USD 72.9 billion by 2027; it is expected to grow at a CAGR of 13.3% from 2022 to 2027.

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Opportunity: Increasing number of space programs worldwide

A number of space programs are being planned across the world in the coming years by several renowned space agencies such as the National Aeronautics and Space Administration (NASA), the Chinese National Space Agency (CNSA), the European Space Agency (ESA), Roscosmos, the Japan Aerospace Exploration Agency (JAXA), and the Indian Space Research Organization (ISRO).

According to the World Economic Forum, as of October 2020, the total number of operational satellites was 2,666, out of which,

• 1,007 were used for providing communication services,
• 446 were used for earth observation,
• 97 were used for GPS and navigation purposes.

K band use by meteorologists, police, and law enforcement agencies to boost market growth

K band frequencies range from 18 to 27 GHz with wavelengths from 1.11 to 1.67 cm. Meteorologists mainly use this band to gather cloud and weather-related information, while the police and law enforcement agencies measure the speed of automobiles. Several non-law enforcement radar sources operate in this frequency range, including automatic door openers and some blind-spot monitoring systems installed on vehicles. This has given the K band a reputation for a high percentage of false alerts, leading to recommendations for disabling it entirely to reduce false alerts.

High input power survivability eliminates requirement for power limiters

Gallium nitride (GaN) is an emerging alternative for pure silicon in the field of semiconductors and electronics due to its high brightness emissions and intensities in opto-semiconductors, high power efficiency, superior high-frequency handling capacity, and flexibility to be used along with various substrates such as silicon, sapphire, and silicon carbide (SiC). Gallium nitride is a very hard and mechanically stable semiconductor material with a wide bandgap, high heat capacity, and thermal conductivity. In September 2019, Qorvo, Inc. announced that Lockheed Martin had selected one of its gallium nitride power amplifiers to manufacture the Q-53 radar system of the US Army.

Rise in demand for carrier frequencies to provide high-quality telecom infrastructure

Increased data consumption with advancements in portable electronic technology in the form of voice and data, as well as streaming, uploading, and downloading of videos, have been witnessed. As a result, there is a rise in demand for carrier frequencies to provide high-quality wireless communication infrastructure. These carrier frequencies are expected to provide large bandwidth and micro or pico-cellular networking structure. RF signal chain components such as switches are vital in addressing these challenging requirements. Furthermore, increased data requirements challenge the capacity of backhauls. The deployment and adoption of 5G infrastructure are expected to lead carrier frequency operators to resort to microwave backhauls. RF power amplifiers are used to cater to the requirements of microwave backhauls. Power amplifiers also play a vital role in the radio front end due to their increased impact on a systems power consumption and linearity. As a result, the demand for RF power amplifiers is expected to increase in the future with the expansion of wireless infrastructure across the world.

Asia Pacific to hold largest market share during the forecast period

Asia Pacific is a major producer of consumer electronics such as smartphones, tablets, laptops, televisions, etc. Asian countries such as China, Japan, South Korea, and India are also witnessing the commercial deployment of the 5G network. Samsung, Huawei, Vivo, Honor, OPPO, Xiaomi, and OnePlus are among the leading providers of 5G-enabled smartphones in the region. The rising demand for these smartphones is expected to fuel the demand for RF signal chain components market during the forecast period.

The key players operating in the RF signal chain components market are Qorvo, Inc. (US), Murata Manufacturing Co., Ltd. (Japan), Skyworks Solutions, Inc. (US), Broadcom (US), Analog Devices, Inc. (US). The players in this market have adopted various strategies to expand their global presence and increase their market shares.

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