Europe Radio Frequency Components Market Size & Outlook
Europe radio frequency components market, 2017-2030 (US$M)
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Europe radio frequency components market highlights
- The Europe radio frequency components market generated a revenue of USD 8,108.4 million in 2023.
- The market is expected to grow at a CAGR of 13.5% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 8,108.4 million |
| Market revenue in 2030 | USD 19,666.0 million |
| Growth rate | 13.5% (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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 21.8% of the global radio frequency components market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 35,734.2 million by 2030.
Filters was the largest segment with a revenue share of 23.26% in 2023. Horizon Databook has segmented the Europe 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.
The European Region is expected to witness significant market growth in the radio frequency component market. Market growth is a dependent factor, such as rising demand for cameras and their equipment and rising demand for smart technologies that leverage connectivity through smartphones and tablets. The growth of A.I., IoT, and MLbased technologies further augment the growth.
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Radio Frequency Components Market Scope
Radio Frequency Components Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe radio frequency components market size, by country, 2017-2030 (US$M)
Europe Radio Frequency Components Market Outlook Share, 2023 & 2030 (US$M)
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