Lucintel’s latest market report analyzed that RF semiconductor provides attractive opportunities in the telecommunication, aerospace & defense, automotive, consumer device, CATV & wired broadband and other industries. The RF semiconductor market is expected to grow at a CAGR of 7%-9%. In this market, filters are the largest segment by device, whereas automotive are largest by application.
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Based on device, the RF semiconductor market is segmented into power amplifiers, filters, switches, low noise amplifiers, and others. The filters segment accounted for the largest share of the market in 2020 due to rising need for advanced filtering technologies and increasing number of filter used per device.
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The RF semiconductor market is marked by the presence of several big and small players. Some of the prominent players offering RF semiconductor include Qorvo, Skyworks, Analog Devices, Qualcomm, NXP Semiconductors, Microchip Technology, Murata Manufacturing, Texas Instruments, Maxim Integrated.
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