Report ID: UCMIG45H2017
Report ID:
UCMIG45H2017 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The Radio Frequency (RF) Components Market surpassed USD 15 billion in size in 2021 and is expected to grow at a compound annual growth rate (CAGR) of over 16% between 2022 and 2028. The market expansion is driven by the rising adoption of industrial robotics and automation in manufacturing and processing industries. To enable wireless connectivity, several RF components, including RF amplifiers, transistors, diodes, and filters, are integrated into industrial robots.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Communications Equipment by segment aggregation, the contribution of the Communications Equipment in Technology Hardware & Equipment and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG45H2017