According to the new research report on " RF Front-End Chip Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis," published by The Insight Partners, the RF front-end chip market size is expected to reach US$ 47.10 billion by 2030 and register a CAGR of 12.4% from 2022 to 2030.

The Europe RF front-end chip market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. In terms of revenue, Germany dominated the RF front-end chip market share. The Europe RF front-end chip market is expanding rapidly due to technical innovation, a solid industrial base, and rising demand for advanced communication solutions. The implementation of 5G technology, developments in industrial automation, and the expansion of wireless communication networks positively impact the market dynamics in Europe. The rising deployment of 5G technology has encouraged various players across Europe to indulge in mergers and acquisitions activities to cater to the demand for RF front-end chips. For example, in October 2020, STMicroelectronics acquired Somos Semiconductor, a French fabless semiconductor firm focused on silicon-based power amplifiers and RF front-end modules (FEM) for the cellular IoT and 5G industries. The acquisition of Somos Semiconductor is projected to improve its FEM IP and product roadmap for the IoT and 5G industries, as well as reinforce its specialized staff. An initial product-an NB-IoT/CAT-M1 module-is now going through the standard qualification process and is the beginning of a new roadmap of connectivity RF FEM products. All these factors fosters the RF front-end chip market growth in Europe.

Europe is also home to several technologically advanced solutions, such as IoT, and the countries in Europe have thriving semiconductor industries. According to Eurostat, in 2021, 29% of EU enterprises used IoT devices, mostly for keeping their premises secure. This encourages innovation in RF front-end chip technologies, resulting in the creation of high-performance and dependable components. Various players across Europe are providing RF front-end chips for IoT devices. For example, Skyworks Solutions Inc. provides Skyworks Solutions Inc. IoT RF Front-End Modules (FEM) support numerous wireless protocols and SoCs/RFICs in a single RF module. The IoT FEM is suitable for wireless connectivity, as it supports ZigBee, Thread, and Bluetooth standards, including BLUETOOTH 5. The IoT FEM is an efficient Internet of Things (IoT) solution when linked with a System on Chip (SoC) platform. Thus, all the factors mentioned above propel the RF front-end chip market growth in Europe.

Key Findings of Study:

Based on application, the RF front-end chip market is segmented into consumer electronics, wireless communication, and others. In terms of revenue, consumer electronics segment is estimated to hold a significant RF front-end chip market share by 2030. Growing disposable incomes can be linked to an increase in spending on consumer electronics such as computers, smartphones, tablets, smart wearables, and smart home components. The rising use of RF components in consumer electronics, such as laptops, tablets, smartphones, and wearable technology, propels the growth of the RF front-end chip market. For high-end wireless communication, these consumer electronics devices require RF antennas, filters, multiplexers, and amplifiers. The prospects for the radio frequency front-end sector will also be improved globally by the growing rates of mobile subscriptions.

Broadcom Corporation, Infineon Technologies AG, Microchip Technology Inc., Murata Manufacturing Co., Ltd, NXP Semiconductors N.V., Qorvo Inc., Skyworks Solutions, Inc., STMicroelectronics, TDK Corporation, and Texas Instruments Incorporate are among the key players profiled in the RF front-end chip market report. Several other major players were studied and analyzed during the RF front-end chip market analysis to get a holistic view of the market and its ecosystem.The RF front-end chip market report also provides detailed market insights, which help the key players strategize their growth.

The report includes growth prospects owing to the current RF front-end chip market trends and their foreseeable impact during the forecast period. The report includes RF front-end chip market forecast by component, application, and regions from 2022 to 2030.


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