U.S. Radio Frequency Components Market Size & Outlook
U.S. radio frequency components market, 2017-2030 (US$M)
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U.S. radio frequency components market highlights
- The U.S. radio frequency components market generated a revenue of USD 8,165.2 million in 2023 and is expected to reach USD 18,984.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 12.8% 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 8,165.2 million |
| Market revenue in 2030 | USD 18,984.8 million |
| Growth rate | 12.8% (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, U.S. accounted for 21.9% 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 23.24% in 2023. Horizon Databook has segmented the U.S. 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 United States holds the largest market share in the North American region owing to the major OEM presence in the country as well as well-developed infrastructure. These OEMs are rigorously involved in product innovation and development which is propelling the growth of the market.
Furthermore, the growing consumer awareness and quick adoption of technological advancement established in ITC industry, are driving the growth of the market. For instance, the United States is one of the leading countries in the deployment of next generation of wireless standards such as 5G technology.
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Radio Frequency Components Market Scope
Radio Frequency Components Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. radio frequency components market size, by product, 2017-2030 (US$M)
U.S. Radio Frequency Components Market Outlook Share, 2023 & 2030 (US$M)
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