Transceiver chip: Key market research findings
- APAC dominates the market geographically
- Mobile phones account for a majority of the market’s revenue
- Key vendors – Avago Technologies, MediaTek, Microchip Atmel, Qorvo, Qualcomm, and Skyworks Solutions
Technavio’s market research analysts predict the global transceiver chip market to grow at a CAGR of around 7% between 2016 and 2020. The market’s growth is fueled by the deployment of next-generation LTE wireless networks. LTE-based computing devices make it possible for consumers to upload and download music and photographs, play online games, and watch online TV shows with minimal signal interference. This creates an opportunity for transceiver chip manufacturers to focus on the development of solutions that address the need for faster and smoother access to mobile data. In 2015, the global transceiver chip market was dominated by APAC with a market share of around 41%. The high revenue contribution of this region can be accredited to the concentration of numerous consumer electronic device manufacturers such as Samsung Electronics, LG Electronics, Sony, Micromax, and MI in this region.
The new market research report from Technavio presents a breakdown and analysis of the transceiver chip segments based on the application.
“The introduction of coaxial transceiver chips by Microchip, a leading vendor in the global transceiver chip market, is one the key trends in the market currently. These chips enable easy migration from optical cables to coaxial cables for the end-users in the automotive sector. Coaxial transceivers are used in automotive infotainment systems that include a navigation unit, antenna module, amplifier, tuner, Blu-Ray player, rear-seat entertainment, instrument cluster, head unit display, camera and more,” says Sunil Kumar Singh, Lead Analyst, Hardware & Semiconductor, Technavio Research.
In 2015, the mobile phone segment accounted for more than 64% of the overall market revenue to become the key revenue generating segment of the global market. The high growth rate of this market segment is fueled by the increased use of Internet among consumers. Internet-enabled smartphones, make it possible for consumers to access social networking apps, read the news, surf the web and check email while on-the-go. The growing number of entrants in the mobile phone market is expected to positively influence the growth of this market segment during the forecast period.
The key vendors in the global transceiver chip market include Avago Technologies, MediaTek, Microchip Atmel, Qorvo, Qualcomm, and Skyworks Solutions. Vendors in the market compete based on factors such as price, quality, innovation, and performance, and support services. However, OEMs such as consumer electronics manufacturers across developed and emerging regions have a diverse set of priorities based on the region’s buying criteria of consumers. For example, the price is of utmost importance to buyers in APAC, whereas the American buyers consider innovation and performance benefits of products.
A more detailed analysis is available in the Technavio report, Global Transceiver Chip Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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