The North America Radio Frequency Components Market would witness market growth of 12.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America Radio Frequency Components Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $18,076.3 million by 2031. The Canada market is experiencing a CAGR of 15% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 14% during (2024 - 2031).
In a time when wireless connectivity is prevalent, the market for radio frequency components is at the vanguard of technological advancements, facilitating the smooth transmission of information across a wide range of sectors and applications.
Additionally, from smartphones and IoT devices to automotive systems and aerospace communications, RF components play a pivotal role in enabling the transmission, reception, and processing of high-frequency electromagnetic signals.
Mexico has emerged as a major hub for automotive manufacturing, with many leading automakers establishing production facilities in the country. The expansion of Mexico’s automotive manufacturing capacity will likely drive the demand for RF components used in vehicle electronics and communication systems. According to the International Trade Administration data, Mexico ranks the seventh-largest producer globally, with an annual production of 3.5 million passenger vehicles. Out of the total number of vehicles manufactured in Mexico, 88 percent are exported, with 76 percent being allocated to the United States.
Free Valuable Insights: The Radio Frequency Components Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.
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.
North America 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
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Radio Frequency Components Market, by Application
1.4.2 North America Radio Frequency Components Market, by Product
1.4.3 North America 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. North America Radio Frequency Components Market by Application
5.1 North America Consumer Electronics Market by Country
5.2 North America Automotive Market by Country
5.3 North America Military Market by Country
5.4 North America Wireless Communication Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Radio Frequency Components Market by Product
6.1 North America Power Amplifier Market by Country
6.2 North America Filters Market by Country
6.3 North America Antenna Switches Market by Country
6.4 North America Modulators & Demodulators Market by Country
6.5 North America Duplexer Market by Country
6.6 North America Mixers & Synthesizers Market by Country
6.7 North America Others Market by Country
Chapter 7. North America Radio Frequency Components Market by Country
7.1 US Radio Frequency Components Market
7.1.1 US Radio Frequency Components Market by Application
7.1.2 US Radio Frequency Components Market by Product
7.2 Canada Radio Frequency Components Market
7.2.1 Canada Radio Frequency Components Market by Application
7.2.2 Canada Radio Frequency Components Market by Product
7.3 Mexico Radio Frequency Components Market
7.3.1 Mexico Radio Frequency Components Market by Application
7.3.2 Mexico Radio Frequency Components Market by Product
7.4 Rest of North America Radio Frequency Components Market
7.4.1 Rest of North America Radio Frequency Components Market by Application
7.4.2 Rest of North America 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 North America Radio Frequency Components Market, 2020 - 2023, USD Million
TABLE 2 North America 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 North America Radio Frequency Components Market by Application, 2020 - 2023, USD Million
TABLE 7 North America Radio Frequency Components Market by Application, 2024 - 2031, USD Million
TABLE 8 North America Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 9 North America Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 10 North America Automotive Market by Country, 2020 - 2023, USD Million
TABLE 11 North America Automotive Market by Country, 2024 - 2031, USD Million
TABLE 12 North America Military Market by Country, 2020 - 2023, USD Million
TABLE 13 North America Military Market by Country, 2024 - 2031, USD Million
TABLE 14 North America Wireless Communication Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Wireless Communication Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Radio Frequency Components Market by Product, 2020 - 2023, USD Million
TABLE 19 North America Radio Frequency Components Market by Product, 2024 - 2031, USD Million
TABLE 20 North America Power Amplifier Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Power Amplifier Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Filters Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Filters Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Antenna Switches Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Antenna Switches Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Modulators & Demodulators Market by Country, 2020 - 2023, USD Million
TABLE 27 North America Modulators & Demodulators Market by Country, 2024 - 2031, USD Million
TABLE 28 North America Duplexer Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Duplexer Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Mixers & Synthesizers Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Mixers & Synthesizers Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 33 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 34 North America Radio Frequency Components Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Radio Frequency Components Market by Country, 2024 - 2031, USD Million
TABLE 36 US Radio Frequency Components Market, 2020 - 2023, USD Million
TABLE 37 US Radio Frequency Components Market, 2024 - 2031, USD Million
TABLE 38 US Radio Frequency Components Market by Application, 2020 - 2023, USD Million
TABLE 39 US Radio Frequency Components Market by Application, 2024 - 2031, USD Million
TABLE 40 US Radio Frequency Components Market by Product, 2020 - 2023, USD Million
TABLE 41 US Radio Frequency Components Market by Product, 2024 - 2031, USD Million
TABLE 42 Canada Radio Frequency Components Market, 2020 - 2023, USD Million
TABLE 43 Canada Radio Frequency Components Market, 2024 - 2031, USD Million
TABLE 44 Canada Radio Frequency Components Market by Application, 2020 - 2023, USD Million
TABLE 45 Canada Radio Frequency Components Market by Application, 2024 - 2031, USD Million
TABLE 46 Canada Radio Frequency Components Market by Product, 2020 - 2023, USD Million
TABLE 47 Canada Radio Frequency Components Market by Product, 2024 - 2031, USD Million
TABLE 48 Mexico Radio Frequency Components Market, 2020 - 2023, USD Million
TABLE 49 Mexico Radio Frequency Components Market, 2024 - 2031, USD Million
TABLE 50 Mexico Radio Frequency Components Market by Application, 2020 - 2023, USD Million
TABLE 51 Mexico Radio Frequency Components Market by Application, 2024 - 2031, USD Million
TABLE 52 Mexico Radio Frequency Components Market by Product, 2020 - 2023, USD Million
TABLE 53 Mexico Radio Frequency Components Market by Product, 2024 - 2031, USD Million
TABLE 54 Rest of North America Radio Frequency Components Market, 2020 - 2023, USD Million
TABLE 55 Rest of North America Radio Frequency Components Market, 2024 - 2031, USD Million
TABLE 56 Rest of North America Radio Frequency Components Market by Application, 2020 - 2023, USD Million
TABLE 57 Rest of North America Radio Frequency Components Market by Application, 2024 - 2031, USD Million
TABLE 58 Rest of North America Radio Frequency Components Market by Product, 2020 - 2023, USD Million
TABLE 59 Rest of North America Radio Frequency Components Market by Product, 2024 - 2031, USD Million
TABLE 60 Key Information – Fujitsu Limited
TABLE 61 Key Information – ROHM Co., Ltd.
TABLE 62 Key Information – Broadcom, Inc.
TABLE 63 Key Information – Texas Instruments, Inc.
TABLE 64 Key Information –Murata Manufacturing Co., Ltd.
TABLE 65 Key Information – Renesas Electronics Corporation
TABLE 66 Key Information – NXP Semiconductors N.V.
TABLE 67 Key Information – Toshiba Corporation
TABLE 68 Key Information – Qualcomm Incorporated
TABLE 69 Key Information – Mitsubishi Electric Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Radio Frequency Components Market share by Application, 2023
FIG 10 North America Radio Frequency Components Market share by Application, 2031
FIG 11 North America Radio Frequency Components Market by Application, 2020 - 2031, USD Million
FIG 12 North America Radio Frequency Components Market share by Product, 2023
FIG 13 North America Radio Frequency Components Market share by Product, 2031
FIG 14 North America Radio Frequency Components Market by Product, 2020 - 2031, USD Million
FIG 15 North America Radio Frequency Components Market share by Country, 2023
FIG 16 North America Radio Frequency Components Market share by Country, 2031
FIG 17 North America 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