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 Mn in 2017 and is likely to reach a valuation of nearly US$ 1,300 Mn in 2027 and in the process exhibit a CAGR of 10.3% during the period of assessment 2017-2027.
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Additionally, consumer gadgets are in higher demand globally. Smartphones, tablets, and other electronic devices like DVD recorders and players are all part of the consumer electronics business. The global varactor diode market is benefiting from the rising demand for these kinds of devices. During the projection period, it is also anticipated that new consumer electrical technology items will significantly increase demand for varactor diodes.
Rising Adoption of 5G Technologies in the Coming Years and Increasing Usage of Smartphones to Boost the Global Varactor Diode Market
Because they are increasingly employed for high speed applications that require greater linearity, varactor diodes used in wireless infrastructure are crucial to the proper operation of 5G technology. Sales of electronic goods like smartphones, laptops, and tablets will rise significantly as a result of the introduction of 5G technology. Varactor diodes are widely integrated in VCOs and employed in applications including radar, consumer electronics, and seaports as 5G technologies are currently in the research and development stage. Manufacturers are thus seizing the opportunity to increase the variety of varactor diodes in their product lineup, which are utilised in a variety of applications.
In addition, the market for varactor diodes is expected to witness a significant traction due to the fact that the proliferation of smartphones is happening at a fast rate all across the world. Since mobile phones accompanied with high speed data services are the norm of the day with a high usage rate, this is likely to positively impact the global varactor diode market.
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Global Varactor Diode Market: Segmentation and Forecast
The global varactor diode market is segmented on the basis of breakdown voltage, application and region.
- By breakdown voltage, the 5V-30V segment was estimated to be valued at nearly US$ 300 Mn in 2017 and is likely to reach a valuation of nearly US$ 780 Mn in 2027, exhibiting a CAGR of 10% during the period of forecast 2017-2027.
- By application, the mobile devices segment was estimated to be valued at nearly US$ 260 Mn in 2017 and is anticipated to reach a valuation of nearly US$ 750 Mn in 2027, displaying a CAGR of 11.2% during the assessment period.
- By region, the APEJ varactor diode market was estimated to be valued at nearly US$ 140 Mn in 2017 and is expected to reach a valuation of nearly US$ 420 Mn in 2027, exhibiting a CAGR of 11.7% during the period of forecast.
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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.
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
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