Taiwan Radio Frequency Components Market Size & Outlook

The radio frequency components market in Taiwan is expected to reach a projected revenue of US$ 3,036.8 million by 2030. A compound annual growth rate of 13.1% is expected of Taiwan radio frequency components market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,279.9
Forecast, 2030 (US$M)
$3,036.8
CAGR, 2024 - 2030
13.1%
Report Coverage
Taiwan

Taiwan radio frequency components market highlights

  • The Taiwan radio frequency components market generated a revenue of USD 1,279.9 million in 2023 and is expected to reach USD 3,036.8 million by 2030.
  • The Taiwan market is expected to grow at a CAGR of 13.1% 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 2023USD 1,279.9 million
Market revenue in 2030USD 3,036.8 million
Growth rate13.1% (CAGR from 2023 to 2030)
Largest segmentFilters
Fastest growing segmentRF Amplifiers
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFilters, Duplexers, RF Amplifiers, RF Switches, Modulators and Demodulators, Mixers and Synthesizers
Key market players worldwideBroadcom 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, Taiwan accounted for 3.4% 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.

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Radio Frequency Components Market Companies

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Taiwan radio frequency components market size, by product, 2017-2030 (US$M)

Taiwan Radio Frequency Components Market Outlook Share, 2023 & 2030 (US$M)

Taiwan radio frequency components market size, by product, 2017-2030 (US$M)

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