RF Switch Market Size, Share & Analysis Report, 2021-2027
The global RF Switch market gathered revenue around USD 1.5 billion in 2020 and market is set to grow USD 2.6 billion by the end of 2027 and is estimated to expand at a modest CAGR of 7.5% during the prediction period 2021 to 2027.
An RF switch (microwave switch) is a device that is being used to route high-frequency signals through transmission paths. RF switches are used extensively in microwave test systems for signal routing between instruments and Devices Under Test (DUT). It is also being used in the wireless systems for signal routing finding wide use in switching signals from antennas to the transmit and receive chains.
Global RF Switch Market Dynamics
The driving factors influencing the global RF switch market include increasing demand for telecom base-station upgrades, rising investments in the telecom industries, among others. Increasing trend of automotive, connected devices and consumer inclination to more advanced technology is expected to drive the RF switch demand in the market during the forecast period. Additionally, with the rising production capacity, it is expected that the RF switches raw material price will be stable in the short term. However, the enhancement in the energy, transportation costs, and labor costs is further expected to contribute to promoting the cost of RF switches during the forecast period.
Further, growing companies’ investments in research & development and developing strategies to develop and commercialize innovative products and services is expected to enhance the product portfolio of the key players in the market during the forecast period. For instance, In November 2018, HRL Laboratories (US) has launched the first antimony-telluride (SbTe) Phase-Change Material (PCM)-based RF switch. This is a major development in RF switches over the existing technology is expected to accelerate the data streaming in devices on 5G networks during the forecast period. This switch enables signals with extremely low-loss and high isolation for increased speed and clarity, into the millimeter-wave (mmW) frequency range. On the contrary, lack of a standardized fabrication process is expected to hinder the growth of the rf switch market.
The report also provides in-depth analysis of RF Switch market dynamics such as drivers, restraints, opportunities, and challenges
Drivers
Restraints
Opportunity
Challenges
Report Coverage
| Report Scope | Details |
| Market Size | USD 2.6 billion by 2027 |
| Growth Rate | CAGR of 7.5% From 2021 to 2027 |
| Base Year | 2020 |
| Forecast Period | 2021 to 2027 |
| Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
| Segments Covered | Type, Technology, Insertion Loss, Off Isolation, Configuration, Operating Frequency, Power Handling, Applications, Region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
| Companies Mentioned |
Skyworks, Infineon Technologies ,NXP Semiconductors, pSemi Corporation (Peregrine Semiconductor), Broadcom (Avago),Qorvo,Honeywell, Analog (Hittite), NJR,MAXIM,Broadwave Technologies, Amphenol,Tower Semiconductor, OnMicro, Atlantic Microwave, Magvention, HRmicrowave, Fairview Microwave, Keylink Microwave, Planar Monolithics Industries,Renesas Electronics Corporation. |
Based on type, electromechanical switch segment is expected to hold the largest market share during the forecast period due to rising demand for machinery electromechanical switches in the market
Based on the type, the RF switch market has been segmented into electromechanical and solid state. The solid-state segment is further bifurcated into pin diode, FET and hybrid. The electromechanical switch segment is expected to have the highest market share during the forecast period owing to the benefits offered by electromechanical switches as it can operate down to DC and up into millimetre wave frequencies. Moreover, electrochemical switches provide real-time feedback on the machine operations and component position. They are primarily being used to eliminate the risk of major accidents associated with the electric devices. Furthermore, increasing automation electromechanical switches market is expected to boost the growth of RF switch demand in the market during the forecast period. In addition to this, low cost, simple design is further expected to leverage the growth of the rf switch market during the forecast period.
Based on insertion loss, 0.3-0.9 dB segment is expected to contribute to the growth of the market during the forecast period due to rising demand for low insertion range
Based on insertion loss, the RF switch market has been segmented into 0.3-0.9 dB, 1.0-1.9 dB, 1.9-3 dB, and 3-6 dB. The 0.3-0.9 dB segment was dominating the market in the year 2018 and is expected to witness similar growth trends during the forecast period. The high-performance RF switches primarily have low insertion loss in the range 0.3-0.9 dB. Low insertion loss is critical for systems that require a low overall noise figure. As the switch is one of the first components in the signal path, the minimum receivable signal is very important.
Based on the off isolation, the 24-48 dB segment is anticipated to project the highest share in the market during the forecast period
Based on the off isolation, the market has been segmented into 12-24 dB, 24-48 dB, and 48-60 dB. The 24-48 dB segment was dominating the market in the year 2018 and is expected to witness similar growth trends during the forecast period. It is the attenuation between the input and output ports of the circuit. High isolation is efficient as it avoids undesired signals to leak in the path of desired signals and provides higher attenuation in the same path.
Based on regions, the Asia Pacific region is anticipated to capture a significant portion of the global market during the forecast period increasing penetration of internet and mobile
The Asia Pacific RF switch market is anticipated to capture a significant portion of the global market during the forecast period. Rising deployment of 5G infrastructure, primarily driven by China, and investments in defense, among others are some of the factors that are propelling the demand for RF switch in the region. Moreover, developments and investments in the defence sector are expected to drive the growth of the RF switch market in the Asia Pacific region. For instance, in October 2019, Russia is helping China in building a system to warn ballistic missile launches. The system involves space satellites and an array of ground-based radars.
Some of the prominent players in the RF Switch Market include:
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2027 and covers subsequent region in its scope:
By Type
By Technology
By Insertion Loss
By Off Isolation
By Configuration
By Operating Frequency
By Power Handling
By Applications
By Region
COVID-19 Impact on the RF Switch Market Analysis
Covid-19 has created havoc for every industry across the globe. Sudden covid-19 outbreak has disrupted the manufacturing and supply chain of the RF switch. There was decrease in demand for RF switch during the pandemic due to strict government guidelines related to the restrictions on the movement which affected the supply chain of the industry across the geography and shutdown of manufacturing units. Moreover, covid-19 created gap between demand and supply of the raw materials and spare parts associated with RF switch. Disruption in export/import business of rf switch materials & components and declined demand for RF switch during pandemic has created negative impact on the growth of the RF switch market during the forecast period
The report also provides an in-depth analysis of key trends in RF Switch market
The report also provides an in-depth analysis of recent news developments and investments
Key Points Covered in RF Switch Market Study:
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles
(Upto 5 With No Cost)
Additional Countries (Apart
From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers