Canada Radio Frequency Components Market Size & Outlook
Canada radio frequency components market, 2017-2030 (US$M)
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Canada radio frequency components market highlights
- The Canada radio frequency components market generated a revenue of USD 2,052.1 million in 2023 and is expected to reach USD 4,278.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, filters was the largest revenue generating product in 2023.
- RF Amplifiers is the most lucrative product segment registering the fastest growth during the forecast period.
Radio frequency components market data book summary
| Market revenue in 2023 | USD 2,052.1 million |
| Market revenue in 2030 | USD 4,278.3 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Filters |
| Fastest growing segment | RF Amplifiers |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Canada accounted for 5.5% of the global radio frequency components market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. radio frequency components market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 18,984.8 million by 2030.
Filters was the largest segment with a revenue share of 23.08% in 2023. Horizon Databook has segmented the Canada 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.
In May 2021, the Canadian government established Telecom Regulatory Policy CRTC 2016-496 (“TRP 2016-496”), the CRTC, a universal service objective of ensuring that all Canadians, in urban areas, as well as in rural and remote areas, have access to fixed broadband Internet access services at speeds of at least 50Mbps download and 10Mbps upload, along with the ability to subscribe to a service offering unlimited data allowance.
Moreover, in Canada, the wireless industry is constantly changing, and the introduction of Fifth Generation (5G) networks will cause substantial development.
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Radio Frequency Components Market Scope
Radio Frequency Components Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada radio frequency components market size, by product, 2017-2030 (US$M)
Canada Radio Frequency Components Market Outlook Share, 2023 & 2030 (US$M)
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