QYResearch: The global market scale of RF Industry was 19445.9 M USD in 2016
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Radio frequency (RF) is any of the electromagnetic wave frequencies that lie in the range extending from below 3 kilohertz to about 300 gigahertz and that include the frequencies used for communications signals (as for radio and television broadcasting and cellphone and satellite transmissions) or radar signals.
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According to QYResearch, The global market scale of RF Industry was 19445.9 M USD in 2016. It is expected to reach 21 billion dollars by 21707.9 M USD and 37016.7 USD by 2022, with the CAGR of 11.26%. The Major regions to consumption RF products are China, USA and Japan, which accounted for more than 60 % of global total. The major output region is China.
In terms of industry players, the largest producer is Skyworks, accounting for 16.76% market share in value in 2016, followed by Qorvo, Avago and Murata. As Avago merged with Broadcom Corp to form new Broadcom Ltd, and Cypress to acquire part of Broadcom Limited’s wireless business, the future market will change a lot.
Along with the development of Chinese domestic industrial technology, Chinese RF industry is very fragmented. At the same time, Chinese domestic manufacturers are relatively weak in R&D. With the acquisition of some overseas companies by Chinese enterprises, as well as local enterprises own efforts, the situation may change in future.
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The application of RF Industry is Consumer Electronics. Consumer Electronics is the major application, which accounts for more than 60% of market, and the consumption of Communication occupies about 18.52%.
Although sales of RF brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market.
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