UK Radio Frequency Components Market Size & Outlook
UK radio frequency components market, 2017-2030 (US$M)
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UK radio frequency components market highlights
- The UK radio frequency components market generated a revenue of USD 1,875.4 million in 2023 and is expected to reach USD 4,710.2 million by 2030.
- The UK market is expected to grow at a CAGR of 14.1% 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 1,875.4 million |
| Market revenue in 2030 | USD 4,710.2 million |
| Growth rate | 14.1% (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, UK accounted for 5.0% 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 Europe, Germany radio frequency components market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 5,730.9 million by 2030.
Filters was the largest segment with a revenue share of 23.29% in 2023. Horizon Databook has segmented the UK 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 the U.K., the key drivers of the RF component market's growth are the shift in consumer preferences in terms of lifestyle, the rise of the middle class, and the growing propensity to use smart electronic gadgets.
Furthermore, the presence of key automakers are using wireless technologies such as infrared to lock and unlock doors. Subsequently, the introduction of secure and encrypted radio-frequency enabled automatic garage door opening and shutting, with the car's door lock/unlock mechanism. Thereby, driving the growth of the RF components market.
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Radio Frequency Components Market Scope
Radio Frequency Components Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK radio frequency components market size, by product, 2017-2030 (US$M)
UK Radio Frequency Components Market Outlook Share, 2023 & 2030 (US$M)
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