The Latin America, Middle East and Africa Radio Frequency Components Market would witness market growth of 15.2% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Radio Frequency Components Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,722.5 million by 2031. The Argentina market is showcasing a CAGR of 16.1% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 14.8% during (2024 - 2031).
As per the data from the International Trade Administration, the latest available data (December 2022) show that in 2022, the automotive sector’s turnover was €92.7 billion, which was 9.3% of Italy’s manufacturing turnover and 5.2% of Italy’s GDP. In 2022, 782,629 vehicles (486,111 cars, 234,798 light commercial vehicles, and 61,720 trucks and buses) were produced in Italy. Likewise, as per Invest India, the automotive industry is valued at over $222 billion and accounts for 35% of the manufacturing sector’s gross domestic product.
Additionally, the radio frequency components market is characterized by rapid technological advancements and evolving industry trends that shape the competitive landscape and drive innovation across the value chain. The widespread adoption of 5G technology drives demand for RF components capable of operating at millimeter-wave frequencies and supporting massive MIMO (Multiple Input Multiple Output) antenna configurations.
Modern vehicles, including those manufactured in Saudi Arabia, are increasingly equipped with advanced connectivity, safety, and comfort technologies. These technologies rely on RF components for wireless communication, navigation, infotainment systems, and driver assistance features. As per the data from the International Trade Administration, in 2020, Saudi Arabia constituted 35% of the vehicles sold in the MENA region and nearly 52% of the vehicles sold in the Gulf Cooperation Council (GCC). In 2019, 556 thousand vehicles were sold in Saudi Arabia; in 2020, 436 thousand vehicles were sold. The projected sales figure by 2025 is 543,000 units.
Free Valuable Insights: The Worldwide Radio Frequency Components Market is Projected to reach USD 90.2 Billion by 2031, at a CAGR of 13.3%
Based on Application, the market is segmented into Consumer Electronics, Automotive, Military, Wireless Communication, and Others. Based on Product, the market is segmented into Power Amplifier, Filters, Antenna Switches, Modulators & Demodulators, Duplexer, Mixers & Synthesizers, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Fujitsu Limited
- ROHM Co., Ltd.
- Broadcom, Inc.
- Texas Instruments, Inc.
- Murata Manufacturing Co., Ltd.
- Renesas Electronics Corporation
- Toshiba Corporation
- Qualcomm Incorporated
- Mitsubishi Electric Corporation
- NXP Semiconductors N.V.
LAMEA Radio Frequency Components Market Report Segmentation
By Application
- Consumer Electronics
- Automotive
- Military
- Wireless Communication
- Others
By Product
- Power Amplifier
- Filters
- Antenna Switches
- Modulators & Demodulators
- Duplexer
- Mixers & Synthesizers
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Radio Frequency Components Market, by Application
1.4.2 LAMEA Radio Frequency Components Market, by Product
1.4.3 LAMEA Radio Frequency Components Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Nov – 2023, Dec) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. LAMEA Radio Frequency Components Market by Application
5.1 LAMEA Consumer Electronics Market by Country
5.2 LAMEA Automotive Market by Country
5.3 LAMEA Military Market by Country
5.4 LAMEA Wireless Communication Market by Country
5.5 LAMEA Others Market by Country
Chapter 6. LAMEA Radio Frequency Components Market by Product
6.1 LAMEA Power Amplifier Market by Country
6.2 LAMEA Filters Market by Country
6.3 LAMEA Antenna Switches Market by Country
6.4 LAMEA Modulators & Demodulators Market by Country
6.5 LAMEA Duplexer Market by Country
6.6 LAMEA Mixers & Synthesizers Market by Country
6.7 LAMEA Others Market by Country
Chapter 7. LAMEA Radio Frequency Components Market by Country
7.1 Brazil Radio Frequency Components Market
7.1.1 Brazil Radio Frequency Components Market by Application
7.1.2 Brazil Radio Frequency Components Market by Product
7.2 Argentina Radio Frequency Components Market
7.2.1 Argentina Radio Frequency Components Market by Application
7.2.2 Argentina Radio Frequency Components Market by Product
7.3 UAE Radio Frequency Components Market
7.3.1 UAE Radio Frequency Components Market by Application
7.3.2 UAE Radio Frequency Components Market by Product
7.4 Saudi Arabia Radio Frequency Components Market
7.4.1 Saudi Arabia Radio Frequency Components Market by Application
7.4.2 Saudi Arabia Radio Frequency Components Market by Product
7.5 South Africa Radio Frequency Components Market
7.5.1 South Africa Radio Frequency Components Market by Application
7.5.2 South Africa Radio Frequency Components Market by Product
7.6 Nigeria Radio Frequency Components Market
7.6.1 Nigeria Radio Frequency Components Market by Application
7.6.2 Nigeria Radio Frequency Components Market by Product
7.7 Rest of LAMEA Radio Frequency Components Market
7.7.1 Rest of LAMEA Radio Frequency Components Market by Application
7.7.2 Rest of LAMEA Radio Frequency Components Market by Product
Chapter 8. Company Profiles
8.1 Fujitsu Limited
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 ROHM Co., Ltd.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Broadcom, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Texas Instruments, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.6 SWOT Analysis
8.5 Murata Manufacturing Co., Ltd.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 Renesas Electronics Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.6 SWOT Analysis
8.7 NXP Semiconductors N.V.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 SWOT Analysis
8.8 Toshiba Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research and Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Qualcomm Incorporated
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.9.5.2 Acquisition and Mergers:
8.9.6 SWOT Analysis
8.10. Mitsubishi Electric Corporation
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 Recent strategies and developments:
8.10.5.1 Product Launches and Product Expansions:
8.10.6 SWOT Analysis
TABLE 1 LAMEA Radio Frequency Components Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Radio Frequency Components Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Radio Frequency Components Market
TABLE 4 Product Launches And Product Expansions– Radio Frequency Components Market
TABLE 5 Acquisition and Mergers– Radio Frequency Components Market
TABLE 6 LAMEA Radio Frequency Components Market by Application, 2020 - 2023, USD Million
TABLE 7 LAMEA Radio Frequency Components Market by Application, 2024 - 2031, USD Million
TABLE 8 LAMEA Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 9 LAMEA Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 10 LAMEA Automotive Market by Country, 2020 - 2023, USD Million
TABLE 11 LAMEA Automotive Market by Country, 2024 - 2031, USD Million
TABLE 12 LAMEA Military Market by Country, 2020 - 2023, USD Million
TABLE 13 LAMEA Military Market by Country, 2024 - 2031, USD Million
TABLE 14 LAMEA Wireless Communication Market by Country, 2020 - 2023, USD Million
TABLE 15 LAMEA Wireless Communication Market by Country, 2024 - 2031, USD Million
TABLE 16 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 17 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 18 LAMEA Radio Frequency Components Market by Product, 2020 - 2023, USD Million
TABLE 19 LAMEA Radio Frequency Components Market by Product, 2024 - 2031, USD Million
TABLE 20 LAMEA Power Amplifier Market by Country, 2020 - 2023, USD Million
TABLE 21 LAMEA Power Amplifier Market by Country, 2024 - 2031, USD Million
TABLE 22 LAMEA Filters Market by Country, 2020 - 2023, USD Million
TABLE 23 LAMEA Filters Market by Country, 2024 - 2031, USD Million
TABLE 24 LAMEA Antenna Switches Market by Country, 2020 - 2023, USD Million
TABLE 25 LAMEA Antenna Switches Market by Country, 2024 - 2031, USD Million
TABLE 26 LAMEA Modulators & Demodulators Market by Country, 2020 - 2023, USD Million
TABLE 27 LAMEA Modulators & Demodulators Market by Country, 2024 - 2031, USD Million
TABLE 28 LAMEA Duplexer Market by Country, 2020 - 2023, USD Million
TABLE 29 LAMEA Duplexer Market by Country, 2024 - 2031, USD Million
TABLE 30 LAMEA Mixers & Synthesizers Market by Country, 2020 - 2023, USD Million
TABLE 31 LAMEA Mixers & Synthesizers Market by Country, 2024 - 2031, USD Million
TABLE 32 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 33 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 34 LAMEA Radio Frequency Components Market by Country, 2020 - 2023, USD Million
TABLE 35 LAMEA Radio Frequency Components Market by Country, 2024 - 2031, USD Million
TABLE 36 Brazil Radio Frequency Components Market, 2020 - 2023, USD Million
TABLE 37 Brazil Radio Frequency Components Market, 2024 - 2031, USD Million
TABLE 38 Brazil Radio Frequency Components Market by Application, 2020 - 2023, USD Million
TABLE 39 Brazil Radio Frequency Components Market by Application, 2024 - 2031, USD Million
TABLE 40 Brazil Radio Frequency Components Market by Product, 2020 - 2023, USD Million
TABLE 41 Brazil Radio Frequency Components Market by Product, 2024 - 2031, USD Million
TABLE 42 Argentina Radio Frequency Components Market, 2020 - 2023, USD Million
TABLE 43 Argentina Radio Frequency Components Market, 2024 - 2031, USD Million
TABLE 44 Argentina Radio Frequency Components Market by Application, 2020 - 2023, USD Million
TABLE 45 Argentina Radio Frequency Components Market by Application, 2024 - 2031, USD Million
TABLE 46 Argentina Radio Frequency Components Market by Product, 2020 - 2023, USD Million
TABLE 47 Argentina Radio Frequency Components Market by Product, 2024 - 2031, USD Million
TABLE 48 UAE Radio Frequency Components Market, 2020 - 2023, USD Million
TABLE 49 UAE Radio Frequency Components Market, 2024 - 2031, USD Million
TABLE 50 UAE Radio Frequency Components Market by Application, 2020 - 2023, USD Million
TABLE 51 UAE Radio Frequency Components Market by Application, 2024 - 2031, USD Million
TABLE 52 UAE Radio Frequency Components Market by Product, 2020 - 2023, USD Million
TABLE 53 UAE Radio Frequency Components Market by Product, 2024 - 2031, USD Million
TABLE 54 Saudi Arabia Radio Frequency Components Market, 2020 - 2023, USD Million
TABLE 55 Saudi Arabia Radio Frequency Components Market, 2024 - 2031, USD Million
TABLE 56 Saudi Arabia Radio Frequency Components Market by Application, 2020 - 2023, USD Million
TABLE 57 Saudi Arabia Radio Frequency Components Market by Application, 2024 - 2031, USD Million
TABLE 58 Saudi Arabia Radio Frequency Components Market by Product, 2020 - 2023, USD Million
TABLE 59 Saudi Arabia Radio Frequency Components Market by Product, 2024 - 2031, USD Million
TABLE 60 South Africa Radio Frequency Components Market, 2020 - 2023, USD Million
TABLE 61 South Africa Radio Frequency Components Market, 2024 - 2031, USD Million
TABLE 62 South Africa Radio Frequency Components Market by Application, 2020 - 2023, USD Million
TABLE 63 South Africa Radio Frequency Components Market by Application, 2024 - 2031, USD Million
TABLE 64 South Africa Radio Frequency Components Market by Product, 2020 - 2023, USD Million
TABLE 65 South Africa Radio Frequency Components Market by Product, 2024 - 2031, USD Million
TABLE 66 Nigeria Radio Frequency Components Market, 2020 - 2023, USD Million
TABLE 67 Nigeria Radio Frequency Components Market, 2024 - 2031, USD Million
TABLE 68 Nigeria Radio Frequency Components Market by Application, 2020 - 2023, USD Million
TABLE 69 Nigeria Radio Frequency Components Market by Application, 2024 - 2031, USD Million
TABLE 70 Nigeria Radio Frequency Components Market by Product, 2020 - 2023, USD Million
TABLE 71 Nigeria Radio Frequency Components Market by Product, 2024 - 2031, USD Million
TABLE 72 Rest of LAMEA Radio Frequency Components Market, 2020 - 2023, USD Million
TABLE 73 Rest of LAMEA Radio Frequency Components Market, 2024 - 2031, USD Million
TABLE 74 Rest of LAMEA Radio Frequency Components Market by Application, 2020 - 2023, USD Million
TABLE 75 Rest of LAMEA Radio Frequency Components Market by Application, 2024 - 2031, USD Million
TABLE 76 Rest of LAMEA Radio Frequency Components Market by Product, 2020 - 2023, USD Million
TABLE 77 Rest of LAMEA Radio Frequency Components Market by Product, 2024 - 2031, USD Million
TABLE 78 Key Information – Fujitsu Limited
TABLE 79 Key Information – ROHM Co., Ltd.
TABLE 80 Key Information – Broadcom, Inc.
TABLE 81 Key Information – Texas Instruments, Inc.
TABLE 82 Key Information –Murata Manufacturing Co., Ltd.
TABLE 83 Key Information – Renesas Electronics Corporation
TABLE 84 Key Information – NXP Semiconductors N.V.
TABLE 85 Key Information – Toshiba Corporation
TABLE 86 Key Information – Qualcomm Incorporated
TABLE 87 Key Information – Mitsubishi Electric Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Radio Frequency Components Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Radio Frequency Components Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Nov – 2023, Dec) Leading Players
FIG 8 Porter’s Five Forces Analysis – Radio Frequency Components Market
FIG 9 LAMEA Radio Frequency Components Market share by Application, 2023
FIG 10 LAMEA Radio Frequency Components Market share by Application, 2031
FIG 11 LAMEA Radio Frequency Components Market by Application, 2020 - 2031, USD Million
FIG 12 LAMEA Radio Frequency Components Market share by Product, 2023
FIG 13 LAMEA Radio Frequency Components Market share by Product, 2031
FIG 14 LAMEA Radio Frequency Components Market by Product, 2020 - 2031, USD Million
FIG 15 LAMEA Radio Frequency Components Market share by Country, 2023
FIG 16 LAMEA Radio Frequency Components Market share by Country, 2031
FIG 17 LAMEA Radio Frequency Components Market by Country, 2020 - 2031, USD Million
FIG 18 Swot analysis: Fujitsu Limited
FIG 19 Swot analysis: ROHM Co., Ltd.
FIG 20 Recent strategies and developments: Broadcom, Inc.
FIG 21 SWOT Analysis: Broadcom, Inc.
FIG 22 SWOT Analysis: Texas Instruments, Inc.
FIG 23 Swot analysis: Murata Manufacturing Co., Ltd.
FIG 24 SWOT Analysis: Renesas Electronics Corporation
FIG 25 SWOT Analysis: NXP Semiconductors N.V.
FIG 26 Recent strategies and developments: Toshiba Corporation
FIG 27 SWOT Analysis: Toshiba Corporation
FIG 28 Recent strategies and developments: Qualcomm Incorporated
FIG 29 SWOT Analysis: QUALCOMM Incorporated
FIG 30 SWOT Analysis: Mitsubishi Electric Corporation