At 13.0% CAGR, Asia Pacific RF Power Amplifier Market is Projected to be Worth US$ 6,609.35 Million by 2031, says Business Market Insights

According to Business Market Insights' research, the Asia Pacific RF power amplifier market was valued at US$ 2,492.00 million in 2023 and is projected to reach US$ 6,609.35 million by 2031, registering a CAGR of 13.0% from 2023 to 2031. Increased demand in consumer electronics and surge in penetration of IoT are among the critical factors attributed to drive the Asia Pacific RF power amplifier market growth.

The surge in consumer electronics usage, including smartphones, tablets, laptops, and other personal devices, has contributed to the rising demand for RF power amplifiers. These devices rely on RF power amplifiers to enhance their performance by converting low-power radio-frequency signals into higher-power signals as the consumer electronics market continues to expand, driven by various factors such as rising disposable incomes, digitization, and the increasing prevalence of personal electronic devices. According to GSMA's annual State of Mobile Internet Connectivity Report 2023 (SOMIC), in October 2023, over half (54%) of the global population-approximately 4.3 billion people-owned a smartphone. The number of smartphones is increasing significantly across the globe; for example, according to Ericsson & The Radicati Group, in 2020, the number of smartphones was recorded to be 5.75 billion. In 2024, the number of smartphones has grown to 6.93 billion, and by 2025, it is expected to reach 7.15 billion.

Advancements in RF power amplifier technologies have led to the development of amplifiers with broader frequency ranges and compact sizes; this makes them suitable for various applications in consumer electronics. Also, a surge in demand for consumer electronics, as well as the need for improved performance, is boosting the demand for RF power amplifiers. The growing use of wireless audio systems and the availability of affordable wireless speakers are expected to boost the demand for audio systems, including RF power amplifiers. RF power amplifiers play a key role in driving transmitter antennas, which are used not only for voice and data communication but also for weather sensing and radar systems. They are widely used in wireless telecommunication networks, particularly in mobile networks such as 2G, 3G, and 4G. Thus, the increased demand in consumer electronics for RF power amplifiers drives the market.

Moreover, according to forecast figures by Ericsson, in 2024, the global population of smartphone users stands at 4.88 billion, indicating that approximately 60.42% of the world's population possesses a smartphone. The figure below represents the forecasted number of smartphone users.

On the contrary, high manufacturing costs and complex design hamper the growth of Asia Pacific RF power amplifier market. 

Based on frequency, the Asia Pacific RF power amplifier market is segmented into less than 10 GHz, 11-20 GHz, 21-30 GHz, and above 30 GHz. The less than 10GHz segment held 56.8% market share in 2023, amassing US$ 1,416.67 million. It is projected to garner US$ 3,903.18 million by 2031 to register 13.5% CAGR during 2023-2031.

In terms of technology, the Asia Pacific RF power amplifier market is segmented into galium arsenide (GaAs), galium nitride (GaN), silicon germanium (SiGe), and others. The galium arsenide (GaAs) segment held 49.4% share of Asia Pacific RF power amplifier market in 2023, amassing US$ 1,231.18 million. It is projected to garner US$ 3,055.78 million by 2031 to expand at 12.0% CAGR from 2023 to 2031.

By application, the Asia Pacific RF power amplifier market is categorized into consumer electronics, aerospace and defense, automotive, medical, and others. The consumer electronics segment held 40.4% share of Asia Pacific RF power amplifier market in 2023, amassing US$ 1,007.77 million. It is predicted to garner US$ 2,598.57 million by 2031 to expand at 12.6% CAGR between 2023 and 2031.

Based on country, the Asia Pacific RF power amplifier market is categorized into China, Japan, South Korea, India, Australia, and the Rest of Asia Pacific. Our regional analysis states that China captured 36.2% share of Asia Pacific RF power amplifier market in 2023. It was assessed at US$ 901.86 million in 2023 and is likely to hit US$ 2,607.19 million by 2031, registering a CAGR of 14.2% during 2023-2031.

Key players operating in the Asia Pacific RF power amplifier market are Qorvo Inc, NXP Semiconductors NV, Qualcomm Inc, Infineon Technologies AG, Broadcom Inc, Mitsubishi Electric Corp, STMicroelectronics NV, Skyworks Solutions Inc, Texas Instruments Inc, and Analog Devices Inc., among others.

• In December 2023, Texas Instruments released TRF1305B2. The TRF1305B2 is a very high-performance, closed-loop, dual-channel RF amplifier that has an operational bandwidth from true DC to > 6.5 GHz. The device has excellent performance to drive high-speed, high-performance ADCs, such as the ADC12DJ5200RF and ADC32RF5x, with a dc- or accoupled interface. The amplifier is optimized for use in RF, zero and complex IF, and high-speed time-domain applications.
• In June 2023, NXP Semiconductors NV announced a family of top-side cooled RF amplifier modules to enable thinner and lighter radios for 5G infrastructure. The top-side cooled RF amplifier modules deliver significant design and manufacturing benefits to the user, including the removal of the dedicated RF shield, the use of a cost-effective and streamlined printed circuit board, and the separation of thermal management from RF design.

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