Global RF Mixer Market is valued approximately at USD 4.73 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.2 % over the forecast period 2023-2030. RF Mixer is a three-port passive or active device that may modulate or demodulate a signal. Its goal is to modify the frequency of an electromagnetic wave while retaining all other properties of the original signal (such as phase and amplitude). The primary purpose of frequency conversion is to allow a transmitted signal to be amplified at a frequency different than the RF frequency. The growing number of wireless infrastructure and networks boosts the need for RF mixers due to features such as speed, simplicity, scalability, efficiency, adaptability, and customisation. Market participants are utilising their knowledge to create and deliver high-performance mixers to minimise the cost and size of base station transceivers, consequently increasing their market position in the strong rivalry of constructing wireless infrastructure. During the projected period, the increase in the number of cellular base stations for expanding wireless infrastructure is expected to drive development in the RF mixers market.
The growing number of wireless infrastructure and networks boost the need for RF mixers due to features such as speed, simplicity, scalability, efficiency, adaptability, and customisation. According to IEEE ComSoc in March 2022, the report forecasts that the market for 5G private networks will reach USD 47.5 billion in 2030, up from USD 221 million last year, while the total market for 4G private networks will go from USD 3.54 billion in 2021 to USD 66.88 billion in 2030. IDC also noted that the global spending on smart manufacturing will expand from USD 345 billion in 2021 to more than USD 950 billion in 2030. Additionally, aerospace & defense for cellular base stations, military radar, and others offers lucrative opportunities. However, the high cost of RF Mixer stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global RF Mixer Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 holding the largest market share due to the presence of key players, extensive research and development activities, and strong demand from various industries such as telecommunications, aerospace, and defense.
Asia Pacific is expected to at fastest growing rate during the forecast period, Countries like China, Japan, South Korea, and India have witnessed substantial growth in their electronics and telecommunications industries, which has contributed to the increased demand for RF mixers in this region.
Major market player included in this report are:
Mini Circuits Technologies
Qorv Wideband Co.
Analog Devices Inc.
Skyworks Solutions Inc.
NXP Semiconductors India Pvt Ltd.
Recent Developments in the Market:
Ø In Feb 2023, Marki Microwave Releases Over 80 Parts in 2022, a radio frequency and microwave industry developer for over 30 years, claims the release of 85 new product launches in 2022, a 70% increase over the previous year. This milestone highlights the company’s dedication to producing cutting-edge solutions across the whole radio frequency (RF) block diagram, including a new line of integrated mixer-amplifier devices, high performance amplifiers and couplers, and a chip scale packaging (CSP) portfolio.
Ø In March 2023, Socionext announces the release of a 7m ADC and DAC for 5G direct RF transmitters and receivers. The IPs were created in TSMC 7nm FinFET (N7) process technology to enable for simple integration of 32TRX and 64TRX single die solutions as well as lower power consumption when compared to discrete solutions currently on the market.
Global RF Mixer Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Middle East & Africa
Rest of Middle East & Africa