Highest Growth in 5G Millimeter Wave and Switched Filter Modules
According to Strategy Analytics, the markets for radio components used in cellular user equipment will continue to grow through 2025 with 5G, as outlined in two reports: The Strategy Analytics RF & Wireless Components report "Cellular UE Radio Component Forecast 2021 - 2025: A Bright Future Post-COVID with 5G" details the expected growth by air interface and type of radio component by year, while the Strategy Analytics Handset Component Technologies report "Semiconductor Shortages Threaten Component and Smartphone Markets" looks at how companies can minimize shortages now underway and meet skyrocketing demand.
Christopher Taylor, Director of RF & Wireless Components and author of the Cellular UE Radio Component Forecast report, stated "The latest radio architectures, historical component price and demand trends suggest that millimeter wave (mmW) modules and intermediate frequency transceivers for the mmW will undergo the highest growth rates through 2025, followed by diversity receive and related switched-filter modules, RF switches and antenna tuners. The rapid uptake of 5G will of course drive much of this growth."
Sravan Kundojjala, Associate Director, Handset Component Technologies, added that "Earlier than anticipated recovery in demand after the onset of COVID-19, the recent earthquake near Fukushima Japan, severe weather-related electric supply shortages in the US, and the US trade war with China have all contributed to an inability to meet demand as reported by almost all leading semiconductor companies. The shortages point to a strong year for shipments and sales of cellular components in 2021 over 2020, but mobile phone OEMs and component suppliers face supply constraints that could keep them from reaching their full upside growth potential this year unless they take aggressive action."
About Strategy Analytics
Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions. Our multi-discipline capabilities include: industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer on-device tracking and business-to-business consulting competencies. With domain expertise in: smart devices, connected cars, intelligent home, service providers, IoT, strategic components and media, Strategy Analytics can develop a solution to meet your specific planning need. For more information, visit us at www.strategyanalytics.com.
Source: Strategy Analytics, Inc.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210225005356/en/
US Contact: Christopher Taylor, +1 617 614 0700, email@example.com
S.E. Asian Contact: Sravan Kundojjala, +44(0) 1908 423 638, firstname.lastname@example.org
European Contact: Stephen Entwistle, +44(0) 1908 423 636, email@example.com