Market revenue in 2023 | USD 13,742.8 million |
Market revenue in 2030 | USD 35,734.2 million |
Growth rate | 14.6% (CAGR from 2023 to 2030) |
Largest segment | Filters |
Fastest growing segment | RF Amplifiers |
Historical data covered | 2017 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Filters, Duplexers, RF Amplifiers, RF Switches, Modulators and Demodulators, Mixers and Synthesizers |
Key market players worldwide | Broadcom Inc, Fujitsu Ltd, IQE PLC, NXP Semiconductors NV, Renesas Electronics Corp, Murata Manufacturing Co Ltd, Taiwan Semiconductor Manufacturing Co Ltd ADR, Texas Instruments Inc, TDK Corp, Rohm Co Ltd, Toshiba Corporation, UMS Holdings Ltd, MACOM Technology Solutions Holdings Inc, Amphenol Corp Class A, Wolfspeed Inc, Qorvo Inc, Analog Devices Inc, Merck & Co Inc, Knowles Corp, Skyworks Solutions Inc |
Filters was the largest segment with a revenue share of 23.08% in 2023. Horizon Databook has segmented the Asia Pacific radio frequency components market based on filters, duplexers, rf amplifiers, rf switches, modulators and demodulators, mixers and synthesizers covering the revenue growth of each sub-segment from 2017 to 2030.
Audi, BMW, MAN, Daimler AG, Opel, Porsche, and VW are among the major automakers within the region. The region has a prominent supplier base in addition to original equipment, which supplies its goods around the world.
Bosch, Continental, ZF TRW, Mahle GmbH, Thyssen Krupp, and other significant auto-ancillary companies have their headquarters in European region. Furthermore, the rising demand for smart cars, linked cars, and ADAS, a growing automotive sector is also influencing the demand for RF components (Advanced Driver-Assistance Systems).
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