Advancements in Integrated Circuit Technology and Widening Applications of 5G to Drive Global Market
Over the past few months, significant innovations and developments have occurred within the RF microwave for the 5G market. The soaring adoption of RF-microwave for 5G from a myriad of end-use industries, including aerospace & defense is expected to play an important role in boosting the growth of the RF-microwave for 5G market during the forecast period. Significant advancements in integrated circuit technology have played a critical role in enhancing the performance of radio frequency while minimizing costs with lower physical footprint. In recent times, phased arrays are increasingly being introduced in tandem with progress in antenna development. Moreover, widening applications of RF-microwave for 5G, including digital beam forming. The expanding applications coupled with significant advancements in technology are likely to drive new architecture implementations in the RF-microwave for the 5G market in the coming years.
For multiple decades, technological advancements in the electronic space were predominantly driven by focusing on transistor level integration– the trend is set to continue during the assessment period within the RF-microwave for 5G market, particularly for applications in the defense and aerospace industry. Furthermore, strides taken by the GaN technology have played an important role in improving radiofrequency power and low noise amplifiers in radio frequency analog. At the back of these factors, the global RF-microwave for 5G market.is likely to attain a market value of ~US$ 5 Bn by the end of 2027.
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Efforts to Address Antenna Challenges Coupled with R&D to Fuel Market Growth
Within the RF-microwave for 5G market, emphasis on improving technologies, which enable parallel MIMO implementation while attaining the desired data capacity has gained sig
Sinificant momentum, which, in turn, is expected to increase the adoption of beam former technology to prevent spectral congestion. While market players in the current RF-microwave for 5G market landscape are likely to focus on introducing innovative solutions, overcoming the challenges pertaining to radio frequency antenna is projected to remain a major area of interest. Market players are anticipated to focus on analog beam forming particularly for applications wherein achieving lower beam count while minimizing costs is imperative– a solution that is likely to gain significant traction in the coming years.
Companies are also expected to focus on adaptive beam patterns and achieve programmable flexibility, which is likely to assist in obtaining the desired performance. Challenges pertaining to the size, required DC power, and processing of high volume data is projected to drive innovations and pave the way for hybrid beam forming during the assessment period. However, participants of the RF-microwave for 5G market are focusing on developing digital beam forming and provide the same economically. While wireless 5G is set to become mainstream in the coming years, companies are expected to improve the quality of radio frequency technologies while assessing the availability of high-, mid-, low-band that are predominantly controlled by government bodies worldwide. The growth of the RF-microwave for 5G market will largely be driven by the promise 5G technology offers in enhancing wireless data capacity.
Companies Catering to Defense Sector Focus on Innovations to Gain Edge
Companies operating in the current RF-microwave for 5G market that primarily caters to the defense sector are expected to focus on the development of an array of technologies, which will fulfill the evolving requirements of the industry. Minimizing large phased arrays with beam former chips in Ka, X-band and Ku-bands is expected to gain significant momentum in the upcoming years. At present, innovations around radio frequency architecture and microwave transceivers are aimed at reducing power consumption, enhancing flexibility via software-defined features, and strengthening functional density. The new generation of integrated transceivers, digitizers, and beam former chips are expected to pave the way for a phased array for RADAR, electronic war, and communications.
COVID-19 to Delay 5G Rollout in Europe
Amidst a major health crisis across the world due to the outbreak of the novel coronavirus pandemic, the rollout of the 5G mobile technology in different parts of Europe is expected to be delayed. Although the EU aimed to implement the novel 5G technology by the end of June in member states, due to the COVID-19 pandemic, a delay can be expected. While the RF-microwave for 5G market in Europe is likely to experience sluggish growth in the coming years, the market in China is witnessing an impressive growth, as the government continues to focus on the deployment of cutting-edge telecommunications infrastructure within the country. While operations across China’s core industries were shut down for several weeks, the top three telecom companies in China recently revealed their plans to accelerate the deployment of 5G infrastructure.
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RF-Microwave for 5G Market: Overview
- The global RF-microwave for 5G market is expected to expand at a CAGR of 20% during the forecast period, primarily driven by increase in investments for 5G, and growing requirement to boost communication signals
- The RF-microwave for 5G market was valued at ~US$ 1.5 Bn in 2019 and is expected to reach ~US$ 5 Bn by 2027
- In terms of component, the antenna segment is anticipated to account for notable share as compared to the other components of the RF-microwave for 5G market
- In the application segment, telecommunication services is set to dominate the market during the forecast period. Additionally, telecommunication services are likely to remain the fastest growing application during the forecast period.
- Asia Pacific remains a prominent market for RF-microwave for 5Gs globally, and the market in the region was valued at US$ 436 Mn by the end of 2019