Demand for RF phase shifters could increase with the implementation of 5G networks and 6G technology development.
Wilmington, Delaware, United States, Nov. 17, 2023 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The RF phase shifter market was valued at US$ 2.2 billion in 2020. The industry is expected to expand by 8.1% between 2021 and 2031. A market of US$ 4.9 Bn is expected to be reached by 2031 for RF phase shifters. Phase shifters, which are used in satellite communication, are in high demand because of the growth of the space industry and the demand for satellite communication.
Satellite communication systems, space probes, and other applications using space-based components require these components. As semiconductor and RF technology advances, smaller, faster, and more efficient RF phase shifters are being developed. The trend toward miniaturization and integration also impacts RF components.
Communication, radar, and electronic warfare systems often depend on advanced RF components in the defense and aerospace sectors. Any developments or modernizations in these industries can have a big impact on the RF phase shifters market. RF components, including phase shifters, are in high demand as telecommunications networks expand globally, especially in developing countries.
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Key Findings of Market Report
Global RF Phase Shifter Market: Growth Drivers
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Global RF Phase Shifter Market: Regional Landscape
Global RF Phase Shifter Market: Key Players
Companies invest in research and development to expand their product portfolios. A manufacturer aims to maintain its market position by launching new products, acquiring companies, forming partnerships, and cooperating with others.
Key Developments
Global RF Phase Shifter Market: Segmentation
By Type
By Phase
By Application
By End-use Industry
By Region
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