Future Market Insights presents a new report titled ‘Varactor Diode Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027’ that studies the performance of the global varactor diode market over a ten year assessment period from 2017 to 2027.
The report presents the value forecasts of the global varactor diode market and provides important insights into the factors driving market growth as well as the factors restricting market growth.
As per the assessment of Future Market Insights, the global varactor diode market was estimated to be valued at nearly US$ 490 Million in 2017 and is likely to reach a valuation of nearly US$ 1,300 Million in 2027 and in the process exhibit a CAGR of 10.3% during the period of assessment 2017-2027.
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Moreover, there is an increasing demand for consumer electronics globally. The consumer electronics market includes smartphones, tablets and electronic gadgets like DVD recorders and players. Due to the increasing demand for such kind of devices, there is a positive impact on the global varactor diode market. Also, the demand for varactor diodes is expected to be driven by emerging consumer electronic technology products during the forecast period.
Rising Adoption of 5G Technologies in the Coming Years and Increasing Usage of Smartphones to Boost the Global Varactor Diode Market
Varactor diodes that are used in wireless infrastructure play an important role in the proper functioning of 5G technology, as these diodes are increasingly used for enhanced linearity function for high speed applications. Due to the emergence of 5G technology, there will be a significant increase in the sales of electronic goods such as smartphones, laptops and tablets.
Presently, 5G technologies are under research and development stage, and varactor diodes are majorly integrated in VCOs, and are used in applications like radar, consumer devices and seaports. Hence, manufactures are grabbing the chance of expanding their product portfolio of different kinds of varactor diodes that are used for several applications.
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Global Varactor Diode Market Analysis 2012-2016 and Opportunity Assessment 2017-2027, By Application
As per the projections given by Future Market Insights, the defence, aeronautics and marine segment in the application category was estimated to be valued at nearly US$ 54 Million in 2017 and is likely to reach a valuation of US$ 150 Million in 2027, registering a CAGR of 10.1% during the period of assessment 2017-2027.
The satellite communication segment in the application category was estimated to be valued at nearly US$ 110 Million in 2017 and is anticipated to reach a valuation of nearly US$ 260 Million in 2027, displaying a CAGR of 9.3% during the period of forecast.
The DVD recorders segment in the application category was estimated to be valued at nearly US$ 60 Million in 2017 and is likely to reach a valuation of nearly US$ 140 Million in 2027, registering a CAGR of 8.4% during the period of forecast.
Global Varactor Diode Market: Competitive Landscape
In this report, some of the important players functioning in the global varactor diode market have been profiled, which include players such as NXP Semiconductors, STMicroelectronics, MACOM, Vishay Intertechnology, ON Semiconductor, Analog Devices Inc., Infineon Technologies, Integrated Device Technology Inc. and Micro Semi Corporation.
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Market Taxonomy
By Breakdown Voltage:
- 5 V- 30 V
- 31V – 65V
- 65 V & Above
By Application:
- Defence, Aeronautics and Marine
- Satellite Communication
- Mobile Devices
- DVD Recorders
By Region:
- North America
- Western Europe
- Eastern Europe
- Latin America
- Asia Pacific excluding Japan
- Japan
- Middle East and Africa
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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