The global radio frequency integrated circuits (RFIC) market is expected to grow at a CAGR of 6.7% during 2016-2022. Among the various products, the transceiver segment accounted for largest share in the global radio frequency integrated circuits (RFIC) market in 2015.
The Wi-Fi product segment is expected to witness a considerable growth during the forecast period. The growing demand for combo RFIC in consumer electronics, including Wi-Fi, NFC, Bluetooth and GPS, is expected to boost the growth of the global market during the forecast period. The demand for standalone Bluetooth is mainly expected from automotive, printers, and wireless headsets, owing to the low cost of Bluetooth along with low power consumption of the standalone Bluetooth.
Explore Full Report at: https://www.psmarketresearch.com/market-analysis/frequency-integrated-circuits-market
Despite the slow growth, the NFC market has grown over the past few years, owing to their increasing market penetration in Asia-Pacific. Moreover, with the growing smartphone shipments, the NFC market is expected to witness considerable growth during the forecast period. In spite of its technical benefits, the ZigBee technology has not grown as per the market requirement, owing to the non-user friendly design in addition to cost-effective and power efficient substitutes of ZigBee, such as Bluetooth. However, the ZigBee technology is expected to witness growth in the security and surveillance sector during the forecast period. The RF Micro-Electro-Mechanical Systems (MEMS) segment accounted for small share in the global RFIC market; however, it has grown significantly during the past few years, owing to their wide adoption in the automotive infotainment applications. The growing demand of RFIC in the consumer electronics has led to high volume production of RFICs in the recent years.
From technical point of view, the improvement in sensing capacity, along with reduction in the average cost and package size of the RFICs has led to their wide adoption in the consumer electronics market. The devices, such as smartphone, smart wrist wears and other smart wearable devices have very limited space for surface area and height. Thus, the small and thin package size of RFICs is placed at higher priority by market obligation.
Some of the major companies operating in the global radio frequency integrated circuits (RFIC) market include, Infineon Technologies AG, Qualcomm Technologies Inc., Renesas Electronics Corporation, Silicon Laboratories, STMicroelectronics N.V., TriQuint Semiconductor, Avango Technologies, and Skyworks Solutions Inc.
Global Radio Frequency Integrated Circuits (RFIC) Market Segmentation
Global Power Amplifier Market Segmentation
NOTE: FOMA and TD-SCDMA segment are only applicable for Asia-Pacific
Global Transceiver Market Segmentation
Global ZigBee Market Segmentation
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Assistant – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)