Technavio, a tech-focused market research firm, has published a new report on the global power amplifier market, which is expected to experience a progressive grow at a CAGR of close to 14% during the forecast period.
This latest report by Technavio covers the market outlook and growth prospects of the global power amplifier market for 2016-2020, considering 2015 as the base year. In addition, an overview of the market, key leading countries, vendor landscape, and a detailed analysis of the top vendors operating in this market are covered in the report.
Based on geographical division, Technavio market researchers segment the global power amplifier market into the following key regions: The Americas, APAC, EMEA.
Geographical segmentation of the global power amplifier market for 2015 (market share %)
APAC |
38.25% |
Americas |
33.94% |
EMEA |
27.81% |
Source: Technavio
APAC: Largest revenue generating region for power amplifier
The power amplifier market in APAC was valued at over $3 billion in 2015 and is expected to grow at a CAGR of more than 20% by 2020. The growing adoption of high-speed networks like 3G, 4G and LTE in countries like China, India, Singapore, and South Korea will lead to the growth of the market in the APAC region. Japan has the largest deployment of 4G LTE networks making it the highest revenue contributor in the area. The adoption of 4 LTE networks in Japan is making it a high-potential market for mobile hotspot vendors. 3G and 4G service providers are increasing their service offerings to meet the growing requirement for Wi-Fi hotspot routers which in turn, is raising the demand for RF power amplifiers.
“The manufacturers in the APAC market are expected to increase the production of RF power amplifiers with the growing deployment of 4 LTE networks. The countries like India, China, Singapore, and South Korea are potential markets with the growing requirement for mobile internet services in these countries. The demand for Wi-Fi routers and USB sticks is very high in the developing nations in the APAC market and will result in the growth of the RF power amplifiers market during the forecast period,” says Sunil Kumar Singh, a lead analyst at Technavio, specializing in research on embedded systems.
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Power amplifier markets in the Americas
The power amplifier market in the Americas was valued at almost $3 billion in 2015 and is expected to grow at a CAGR of around 8% by 2020. The growing demand for advanced mobile devices and Wi-Fi hotspot routers from North America is driving the market growth in the American market. The increased competition among the leading telecom operators, like Verizon, AT&T, and T-Mobile, and internet service providers like Clearwire and Sprint Internet will result in the revolution of the power amplifiers market in this region. The emergence of smart TVs, high adoption of smartphones, and emerging technologies such as the IoT in the American market is raising the requirement for better technologies, increased production of semiconductor components, and better RF power amplifiers. Furthermore, the increased adoption of WiFi hotspots and penetration of internet in Latin American countries like Brazil will boost the market growth in this region.
Power amplifiers market in EMEA
The power amplifier market in EMEA was valued at over $2 billion in 2015 and is expected to grow at a CAGR of more than 9% by 2020. The availability of network infrastructure and increasing 3G and 4G networks will lead to the growth of the European market. Countries like the UK, Germany, and France are the highest revenue contributors in this region. The fastest growing region for smart homes is Europe and countries like Germany, France, the UK, Switzerland, and Spain are leading the market in this area. The use of power amplifier aids the integration of IoT with connected devices in smart homes. The vendors in the market are focusing on the development of smart home products with the latest line of RF filters. Such advancements in the application of power amplifiers in smart homes will drive the growth in the market over the period of next four years.
The top leading vendors operating in the global power amplifier market are:
- Avago Technologies
- Skyworks Solutions
- TriQuint Semiconductor
- Texas Instruments
- Infineon Technologies
- Maxim Integrated
- Qorvo