Radio Frequency Integrated Circuit (RFIC) Market Research Report - Global Forecast till 2027

Radio Frequency Integrated Circuit Market | RFIC Market Research Report Information, - By Application (power amplifier, transceiver, wireless USB, Bluetooth, Wi-Fi, Wi-max, ZigBee, GPS, NFC), Vertical (electronics, automotive, government) – Global Forecast till 2027

ID: MRFR/SEM/5951-HCR | February 2021 | Region: Global | 100 pages

Please note that assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill sample form for updated data.

Market Synopsis


The global radio frequency integrated circuit market is expected to grow at a CAGR of 10.4% during the forecast period.


RFIC is a chip which transmits and receives radio waves. These chips are used in portable devices such as cellphones, Wi-Fi devices, wireless routers, wireless base stations, telephones, satellite transceivers and microwave equipment. Usually, the smartphones have more than one radios that handle cellular voice and data, GPS and Wi-Fi. Most of these radios contain RFICs. RFICs are largely used in electronic devices that perform functions such as amplification, frequency conversion, and signal filtering. Among the vertical segments – consumer electronics, automotive, government and defense, and others; the market for consumer electronics segment is expected to have highest market share throughout the forecast period. The RFIC chips also have a potential market in the automotive industry. The vehicle-to-vehicle connection, security technologies and automated driving technology, all comprise of RFIC based electronic devices. The concept of autonomous vehicles, such as smart cars, connected cars and driverless cars is gaining ground and thus, the application of RFIC is expected to grow in the future. The automotive segment is expected to grow with the highest CAGR.


Among the application segments, the power amplifiers, wifi and transceivers are expected to be the top three revenue-generating segments. The market size of these segments is high as the adoption of wireless devices is increasing globally. The smartphones and tablets make use of the tranceivers and power amplifiers which contain RFICs. With the increasing usage of smartphones and tablets, the RFIC market is also bound to increase steadily in the forecast period.


The major factors that contribute to radio frequency integrated circuit market growth is the high adoption of Internet of Things (IoT). The IoT adoption rate is speedy in the developed countries such as US, UK, Japan and it is increasing in the developing countries such as China, India. This adoption is expected to fuel the growth of the RFIC market in the future. Another trend observed is the increasing deployment of next-generation Long-Term Evolution (LTE) wireless networks. The increasing penetration of LTE networks globally has forced the semiconductor and electronic device manufacturers to integrate more number of RFICs.


Segmentation


The global radio frequency integrated circuit market is segmented into application, vertical, and region/country.


By application, the global market is segmented into power amplifier, transceiver, wireless USB, Bluetooth, Wi-Fi, Wi-max, ZigBee, Global Positioning System (GPS), Near-field communication (NFC), radio frequency microelectromechanical system (RF Mems), and others.


By vertical, the global market is segmented into consumer electronics, automotive, government and defense, and others.


By region, the global RFIC market is segmented into North America, Europe, Asia-Pacific, and rest of the world.


Regional analysis


The global market for RFIC is expected to grow at a CAGR of 10.4% during the forecast period. The geographical analysis of RFIC market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).


Among the regions mentioned, North America is anticipated to have the largest market share during the forecast period. The US occupies nearly 80%-85% share in the North American region as most of the leading vendors are headquartered here with strong customer base. The market size of APAC is estimated to grow at the highest CAGR from 2018-2023, followed by Europe. Various manufacturers are set up in Japan and China which boost the APAC market share. In the past few years, the RFIC market has experienced a high growth. China is expected to grow at the highest CAGR in APAC region while Japan is projected to show single digit growth rate during the forecast period.


Key Players


The key players in the radio frequency integrated circuit market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are— Qualcomm Technologies Inc. (US), Cree, Inc. (US), Silicon Laboratories (US), Infineon Technologies AG (Germany), STMicroelectronics (Switzerland), Qorvo, Inc. (US), OctoTech Inc. (US), Peak RF (UK), Skyworks Solutions Inc. (US), Analog Devices, Inc. (US), NXP Semiconductors (US), Broadcom Inc. (US). The key strategies adopted by most of the players are partnerships and agreements, collaborations, and new product releases.


Apart from the companies mentioned above, other companies from APAC are the key players in radio frequency integrated circuit market. These include Samsung Electronics Co (South Korea), Renesas Electronics Corporation (Japan), Kangxi Communication Technology Co. Ltd. (China) and others. These companies have a strong customer base and also have global presence.


Intended Audience



  • Government Agencies

  • RFIC Service/Solution Providers

  • RFIC manufacturing companies

  • Semiconductor manufacturers

  • Electronic device manufacturers

  • System Integrators

  • Research Institutes and Organizations

  • Technology Standards Organizations

  • Venture capitalist/angel investors



Frequently Asked Questions (FAQ) :


The rate of the radio frequency integrated circuit (RFIC) market is expected to mark 10.4% CAGR by 2023.

The different segments, by vertical, are consumer electronics, government and defense, automotive, and others.

China is supposed to lead Asia Pacific market.

Increasing adoption of IoT and rising deployment of next-gen LTE wireless networks are supposed to boost the growth of the global market.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Research Objectives

2.4 Markets Structure

3 Research Methodology

4 Market Dynamics

4.1 Market Drivers

4.1.1 High adoption of IoT

4.1.2 Deployment of next-generation LTE wireless networks

4.2 Market Opportunities

4.2.1 Multichip Packaging for Radio Frequency Integrated Circuit

4.2.2 Increasing internet penetration in developing countries

4.3 Market Challenges

4.3.1 Variance in Regulations

4.4 Porter’s Five Forces Analysis

4.4.1 Threat of New Entrants

4.4.2 Bargaining Power of Buyers

4.4.3 Threat of Substitutes

4.4.4 Segment Rivalry

4.4.5 Bargaining Power of Suppliers

4.5 Government/Industry Norms and Regulations

5 Global Radio Frequency Integrated Circuit (RFIC) Market, by Application

5.1 Introduction

5.2 Power Amplifier

5.2.1 Market Estimates & Forecast, 2020–2027

5.2.2 Market Estimates & Forecast, by Region, 2020–2027

5.3 Transceiver

5.3.1.1 Market Estimates & Forecast, 2020–2027

5.3.1.2 Market Estimates & Forecast, by Region, 2020–2027

5.4 Wireless USB

5.4.1.1 Market Estimates & Forecast, 2020–2027

5.4.1.2 Market Estimates & Forecast, by Region, 2020–2027

5.5 Bluetooth

5.5.1.1 Market Estimates & Forecast, 2020–2027

5.5.1.2 Market Estimates & Forecast, by Region, 2020–2027

5.6 Wifi

5.6.1 Market Estimates & Forecast, 2020–2027

5.6.2 Market Estimates & Forecast, by Region, 2020–2027

5.7 Wi-max

5.7.1.1 Market Estimates & Forecast, 2020–2027

5.7.1.2 Market Estimates & Forecast, by Region, 2020–2027

5.8 Zigbee

5.8.1.1 Market Estimates & Forecast, 2020–2027

5.8.1.2 Market Estimates & Forecast, by Region, 2020–2027

5.9 GPS

5.9.1 Market Estimates & Forecast, 2020–2027

5.9.2 Market Estimates & Forecast, by Region, 2020–2027

5.10 NFC

5.10.1.1 Market Estimates & Forecast, 2020–2027

5.10.1.2 Market Estimates & Forecast, by Region, 2020–2027

5.11 RF Mems

5.11.1.1 Market Estimates & Forecast, 2020–2027

5.11.1.2 Market Estimates & Forecast, by Region, 2020–2027

5.12 Others

5.12.1 Market Estimates & Forecast, 2020–2027

5.12.2 Market Estimates & Forecast, by Region, 2020–2027

6 Global Radio Frequency Integrated Circuit (RFIC) Market, by Vertical

6.1 Introduction

6.2 Consumer Electronics

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, by Region, 2020–2027

6.3 Automotive

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, by Region, 2020–2027

6.4 Government and Defense

6.4.1 Market Estimates & Forecast, 2020–2027

6.4.2 Market Estimates & Forecast, by Region, 2020–2027

6.5 Others

6.5.1 Market Estimates & Forecast, 2020–2027

6.5.2 Market Estimates & Forecast, by Region, 2020–2027

7 Global Radio Frequency Integrated Circuit (RFIC) Market, by Region

7.1 Introduction

7.2 North America

7.2.1 Market Estimates & Forecast, by Country, 2020–2027

7.2.2 Market Estimates & Forecast, by Application, 2020–2027

7.2.3 Market Estimates & Forecast, by Vertical, 2020–2027

7.2.4 US

7.2.4.1 Market Estimates & Forecast, by Application, 2020–2027

7.2.4.2 Market Estimates & Forecast, by Vertical, 2020–2027

7.2.5 Mexico

7.2.5.1 Market Estimates & Forecast, by Application, 2020–2027

7.2.5.2 Market Estimates & Forecast, by Vertical, 2020–2027

7.2.6 Canada

7.2.6.1 Market Estimates & Forecast, by Application, 2020–2027

7.2.6.2 Market Estimates & Forecast, by Vertical, 2020–2027

7.3 Europe

7.3.1 Market Estimates & Forecast, by Country, 2020–2027

7.3.2 Market Estimates & Forecast, by Application, 2020–2027

7.3.3 Market Estimates & Forecast, by Vertical, 2020–2027

7.3.4 Germany

7.3.4.1 Market Estimates & Forecast, by Application, 2020–2027

7.3.4.2 Market Estimates & Forecast, by Vertical, 2020–2027

7.3.5 France

7.3.5.1 Market Estimates & Forecast, by Application, 2020–2027

7.3.5.2 Market Estimates & Forecast, by Vertical, 2020–2027

7.3.6 UK

7.3.6.1 Market Estimates & Forecast, by Application, 2020–2027

7.3.6.2 Market Estimates & Forecast, by Vertical, 2020–2027

7.3.7 Rest of Europe

7.3.7.1 Market Estimates & Forecast, by Application, 2020–2027

7.3.7.2 Market Estimates & Forecast, by Vertical, 2020–2027

7.4 Asia-Pacific

7.4.1 Market Estimates & Forecast, by Country, 2020–2027

7.4.2 Market Estimates & Forecast, by Application, 2020–2027

7.4.3 Market Estimates & Forecast, by Vertical, 2020–2027

7.4.4 China

7.4.4.1 Market Estimates & Forecast, by Application, 2020–2027

7.4.4.2 Market Estimates & Forecast, by Vertical, 2020–2027

7.4.5 India

7.4.5.1 Market Estimates & Forecast, by Application, 2020–2027

7.4.5.2 Market Estimates & Forecast, by Vertical, 2020–2027

7.4.6 Japan

7.4.6.1 Market Estimates & Forecast, by Application, 2020–2027

7.4.6.2 Market Estimates & Forecast, by Vertical, 2020–2027

7.4.7 Rest of Asia-Pacific

7.4.7.1 Market Estimates & Forecast, by Application, 2020–2027

7.4.7.2 Market Estimates & Forecast, by Vertical, 2020–2027

7.5 Rest of the World

7.5.1 Market Estimates & Forecast, by Country, 2020–2027

7.5.2 Market Estimates & Forecast, by Application, 2020–2027

7.5.3 Market Estimates & Forecast, by Vertical, 2020–2027

7.5.4 Middle East & Africa

7.5.4.1 Market Estimates & Forecast, by Application, 2020–2027

7.5.4.2 Market Estimates & Forecast, by Vertical, 2020–2027

7.5.5 South America

7.5.5.1 Market Estimates & Forecast, by Application, 2020–2027

7.5.5.2 Market Estimates & Forecast, by Vertical, 2020–2027

8 Competitive Landscape

8.1 Key Players Market Share Analysis, 2020/2020 (%)

8.2 Competitive Benchmarking

8.3 Key Developments Analysis, 2020/2020

8.3.1 Mergers & Acquisition

8.3.2 Application Developments

8.3.3 Business Expansion

8.3.4 Partnerships & Collaborations

8.3.5 Agreements

9 Company Profiles

9.1 Qualcomm Technologies Inc.

9.1.1 Company Overview

9.1.2 Application/Business Segment Overview

9.1.3 Financial Updates

9.1.4 Key Developments

9.1.5 SWOT Analysis

9.1.6 Key Strategy

9.2 Renesas Electronics Corporation

9.2.1 Company Overview

9.2.2 Application/Business Segment Overview

9.2.3 Financial Updates

9.2.4 Key Developments

9.2.5 SWOT Analysis

9.2.6 Key Strategy

9.3 Samsung Electronics Co. Ltd.

9.3.1 Company Overview

9.3.2 Application/Business Segment Overview

9.3.3 Financial Updates

9.3.4 Key Developments

9.3.5 SWOT Analysis

9.3.6 Key Strategy

9.4 Cree, Inc.

9.4.1 Company Overview

9.4.2 Application/Business Segment Overview

9.4.3 Financial Updates

9.4.4 Key Developments

9.4.5 SWOT Analysis

9.4.6 Key Strategy

9.5 Silicon Laboratories Inc.

9.5.1 Company Overview

9.5.2 Application/Business Segment Overview

9.5.3 Financial Updates

9.5.4 Key Developments

9.5.5 SWOT Analysis

9.5.6 Key Strategy

9.6 STMicroelectronics

9.6.1 Company Overview

9.6.2 Application/Business Segment Overview

9.6.3 Financial Updates

9.6.4 Key Developments

9.6.5 SWOT Analysis

9.6.6 Key Strategy

9.7 Infineon Technologies AG

9.7.1 Company Overview

9.7.2 Application/Business Segment Overview

9.7.3 Financial Updates

9.7.4 Key Developments

9.7.5 SWOT Analysis

9.7.6 Key Strategy

9.8 NXP Semiconductors

9.8.1 Company Overview

9.8.2 Application/Business Segment Overview

9.8.3 Financial Updates

9.8.4 Key Developments

9.8.5 SWOT Analysis

9.8.6 Key Strategy

9.9 Qorvo, Inc.

9.9.1 Company Overview

9.9.2 Application/Business Segment Overview

9.9.3 Financial Updates

9.9.4 Key Developments

9.9.5 SWOT Analysis

9.9.6 Key Strategy

9.10 Broadcom Inc.

9.10.1 Company Overview

9.10.2 Application/Business Segment Overview

9.10.3 Financial Updates

9.10.4 Key Developments

9.10.5 SWOT Analysis

9.10.6 Key Strategy

9.11 Skyworks Solutions Inc.

9.11.1 Company Overview

9.11.2 Application/Business Segment Overview

9.11.3 Financial Updates

9.11.4 Key Developments

9.11.5 SWOT Analysis

9.11.6 Key Strategy

9.12 Analog Devices, Inc.

9.12.1 Company Overview

9.12.2 Application/Business Segment Overview

9.12.3 Financial Updates

9.12.4 Key Developments

9.12.5 SWOT Analysis

9.12.6 Key Strategy

9.13 Peak RF

9.13.1 Company Overview

9.13.2 Application/Business Segment Overview

9.13.3 Financial Updates

9.13.4 Key Developments

9.13.5 SWOT Analysis

9.13.6 Key Strategy

9.14 Kangxi Communication Technology (Shanghai) Co., Ltd.

9.14.1 Company Overview

9.14.2 Application/Business Segment Overview

9.14.3 Financial Updates

9.14.4 Key Developments

9.14.5 SWOT Analysis

9.14.6 Key Strategy

9.15 OctoTech Inc.

9.15.1 Company Overview

9.15.2 Application/Business Segment Overview

9.15.3 Financial Updates

9.15.4 Key Developments

9.15.5 SWOT Analysis

9.15.6 Key Strategy

10 Conclusion/Recommendations 

LIST OF TABLES

Table 1 Global Radio Frequency Integrated Circuit (RFIC) Market, by Region, 2020–2027

Table 2 North America: Global Radio Frequency Integrated Circuit (RFIC) Market, by Country, 2020–2027

Table 3 Europe: Global Radio Frequency Integrated Circuit (RFIC) Market, by Country, 2020–2027

Table 4 Asia-Pacific: Global Radio Frequency Integrated Circuit (RFIC) Market, by Country, 2020–2027

Table 5 Rest of the World: Global Radio Frequency Integrated Circuit (RFIC) Market, by Country, 2020–2027

Table 6 North America: Global Radio Frequency Integrated Circuit (RFIC) Application Market, by Country, 2020–2027

Table 7 Europe: Global Radio Frequency Integrated Circuit (RFIC) Application Market, by Country, 2020–2027

Table 8 Asia-Pacific: Global Radio Frequency Integrated Circuit (RFIC) Application Market, by Country, 2020–2027

Table 9 Rest of the World: Global Radio Frequency Integrated Circuit (RFIC) Application Market, by Country, 2020–2027

Table 10 Global Radio Frequency Integrated Circuit (RFIC) Application Market, by Region, 2020–2027

Table 11 North America: Global Radio Frequency Integrated Circuit (RFIC) Application Market, by Country, 2020–2027

Table 12 Europe: Global Radio Frequency Integrated Circuit (RFIC) Application Market, by Country, 2020–2027

Table 13 Asia-Pacific: Global Radio Frequency Integrated Circuit (RFIC) Application Market, by Country, 2020–2027

Table 14 Rest of the World: Global Radio Frequency Integrated Circuit (RFIC) Application Market, by Country, 2020–2027

Table 15 Global Radio Frequency Integrated Circuit (RFIC) Vertical Market, by Region, 2020–2027

Table 16 North America: Global Radio Frequency Integrated Circuit (RFIC) Vertical Market, by Country, 2020–2027

Table 17 Europe: Global Radio Frequency Integrated Circuit (RFIC) Vertical Market, by Country, 2020–2027

Table 18 Asia-Pacific: Global Radio Frequency Integrated Circuit (RFIC) Vertical Market, by Country, 2020–2027

Table 19 Rest of the World: Global Radio Frequency Integrated Circuit (RFIC) Vertical Market, by Country, 2020–2027


LIST OF FIGURES

FIGURE 1 Global Radio Frequency Integrated Circuit (RFIC) Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Radio Frequency Integrated Circuit (RFIC) Market

FIGURE 4 Value Chain/supply chain of Global Radio Frequency Integrated Circuit (RFIC) Market

FIGURE 5 Share of Global Radio Frequency Integrated Circuit (RFIC) Market in 2020, by Country (in %)

FIGURE 6 Global Radio Frequency Integrated Circuit (RFIC) Market, 2020–2027

FIGURE 7 Sub-segments of Application

FIGURE 8 Global Radio Frequency Integrated Circuit (RFIC) Market Size, by Application, 2020

FIGURE 9 Share of Global Radio Frequency Integrated Circuit (RFIC) Market, by Application, 2020 to 2027

FIGURE 10 Global Radio Frequency Integrated Circuit (RFIC) Market Size, by Vertical, 2020

FIGURE 11 Share of Global Radio Frequency Integrated Circuit (RFIC) Market, by Vertical, 2020 to 2027