India RF Component Market Size, Industry Trends, Share and Forecast 2019-2025
Indian RF component market is expected to grow at a CAGR of approximately 13.6% during the forecast period. Globally, India is the 2nd most populous country after China, with more than 1.3 billion inhabitants as per the UN. The major factors for the surging RF components demand in the country include increasing automobile production, growing demand for consumer electronics, and increasing focus on military and defense. As per the Indian Brand Equity Foundation (IBEF), India is the 2nd largest telecommunications market across the globe with a subscriber base of more than 1.1 billion in 2016. Indian mobile economy is growing rapidly and is the 4th largest mobile-phone application country across the globe.
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As per NITI (National Institution for Transforming India) Aayog, there
were more than 220 million smartphone users in India in 2016, which is further
expected to increase to 350 million in 2020. The mobile phone penetration is
still untapped in India as there were 84 subscriptions over 100 inhabitant
which is quite low as compared to a developed economy. The less penetration of
mobile phones reflects a huge opportunity for the RF components market in near
future. The huge investment in the telecom sector is expected to increase the
mobile phone and its accessories market in near future.
A
full Report of India RF Component Market is Available at: https://www.omrglobal.com/industry-reports/india-rf-component-market
India RF
Component Market Segmentation
By Product Type
·
Antenna Switches
·
Filters
·
Amplifiers
·
Duplexer
·
Others (Modulators)
By Application
·
Consumer Electronics
·
Automotive
·
Military & Defence
·
IT & Telecom
Company
Profiles
·
Amphenol
Corp.
·
AVX
Corp.
·
Broadcom
Inc.
·
Fujitsu
Ltd.
·
Honeywell
International Inc.
·
NXP Semiconductors
N.V.
·
Qorvo,
Inc
·
Radiall
SA
·
Renesas
Electronic Corp.
·
Toshiba
Corp.
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