China Radio Frequency Components Market Size & Outlook
China radio frequency components market, 2017-2030 (US$M)
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China radio frequency components market highlights
- The China radio frequency components market generated a revenue of USD 4,480.6 million in 2023 and is expected to reach USD 11,732.0 million by 2030.
- The China market is expected to grow at a CAGR of 14.7% 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 4,480.6 million |
| Market revenue in 2030 | USD 11,732.0 million |
| Growth rate | 14.7% (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, China accounted for 12.0% 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 Asia Pacific, China radio frequency components market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,928.8 million by 2030.
Filters was the largest segment with a revenue share of 23.14% in 2023. Horizon Databook has segmented the China 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.
China is one of the world’s largest manufacturers of electronic components and devices and major international companies have established manufacturing operations in the country. The country is good for investment due to the supply of economic labor, low-cost workforce, increased infrastructure, and other factors.
As a result, a sizeable portion of the nation's trade is made up of manufactured goods. A significant portion of China's imports are made up of parts and components that are then put together to create finished goods like consumer electronics and computers and exported.
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Radio Frequency Components Market Scope
Radio Frequency Components Market Companies
| Name | Profile | # Employees | HQ | Website |
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China radio frequency components market size, by product, 2017-2030 (US$M)
China Radio Frequency Components Market Outlook Share, 2023 & 2030 (US$M)
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