Global radio frequency integrated circuits market revenue growth expected to be driven by major revenue contribution from North America market

Major factor driving growth of the global radio frequency integrated circuits (RFIC) market in increasing demand from electronic sector. In addition, growing demand from consumer electronic sector in developing countries is expected to support growth of the global radio frequency integrated circuits market.

The global radio frequency integrated circuit market report has been segmented on the basis of product type, end-use industry, and region.

The product type segment in the global radio frequency integrated circuit market is segmented on the basis of transceivers, power amplifier, wireless chips, and Bluetooth chip. The wireless chips segment is expected to contribute significant revenue share in the global market.

The end-use industry segment in the global radio frequency integrated circuit market is segmented on the basis of consumer electronics, telecommunication, media and broadcasting, automotive, and government. The consumer electronics segment is expected to contribute significant revenue share in the global market.

On the basis of region, the global radio frequency integrated circuit market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

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The market in North America is expected to dominate the global radio frequency integrated circuit market and is expected to continue its dominance over the forecast period. This can be attributed to growing demand from automotive sector and presence of prominent player operating in this region. The market in Europe is expected to contribute significant revenue share to the global radio frequency integrated circuit market. The market is Asia Pacific is expected to register fastest growth, owing to increasing demand from electronic & electrical and consumer electronic sector.

Key players operating in the global radio frequency integrated circuit market include Qualcomm Technologies Inc., Samsung Electronics Co. Ltd., Maxim Integrated, Renesas Electronics Corporation, Silicon Laboratories, Cree, Inc., STMicroelectronics N.V., NXP Semiconductor, Qorvo, Inc. (TriQuint Semiconductor), and Avango Technologies (Broadcom).

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Michelle Boyd
Michelle does an outstanding job, related to the Health and Medicine background. Having experience of more than 8years, have been working before with other companies related to the same field, been an expert in resolving whatever queries are being approached by the team. She likes to enjoy each and every moment of life.

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