RF power amplifiers continue to be a critical component in radio communications that transmit high-frequency signals. They are a core part of all base stations in cellular and mobile wireless infrastructure. The significant technological application of the product also points out towards the tremendous market opportunity it holds. In 2017, the global market for RF power amplifier surpassed a valuation of USD 11 Bn, and the figure is likely to grow more than twofold by the year 2023, exhibiting an impressive compound annual growth rate. Also, the rapid expansion of cellular networks across the globe has provided an impetus to the demand for RF power amplifiers. Countries such as China, India, Mexico, Brazil and some of the GCC and ASEAN members are likely to present significant market opportunities during the review period owing to the massive investments that are being made to improve the network infrastructure in these countries. Growing importance of power efficiency and IoT boom are some of the other factors expected to support the growth of the RF Power Amplifier Market in the years to come.
The global RF power amplifier market is segmented on the basis of frequency, raw material, packaging type, application, and region. By frequency, the market is segmented into