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Jul 13, 2023

RF Isolator Market to Reach $1.3 Billion, Globally, by 2032 at 5.9% CAGR: Allied Market Research

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30 May, 2023, 11:00 ET

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The growth of the global RF Isolator market is driven by factors such as surge in demand for wireless communication systems and increase in demand for Industry 4.0, telecommunication, military, healthcare and automation end use industry.

PORTLAND, Ore., May 30, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "RF Isolator Market By Type (Drop-In Isolator, Microstrip Isolator, Co-Axial Isolator, and Surface Mount Isolator), Application (800 to 900 MHz, and 1950 to 2000 MHz) and End User (Electronics, IT, Telecommunications, Military, Healthcare, and Other): Global Opportunity Analysis and Industry Forecast, 2023–2032". According to the report, the global RF Isolator industry generated $0.7 billion in 2022, and is anticipated to generate $1.3 billion by 2032, witnessing a CAGR of 5.9% from 2023 to 2032.

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Prime Determinants of Growth

There is growth in demand for RF isolators due to the increase in need for reliable signal isolation and interference prevention in wireless communication systems. The need for RF isolators becomes essential to prevent interference between competing signals as the use of wireless communication devices increases in crowded urban areas. Furthermore, advancements in semiconductor technology are expected to enable the development of more efficient and smaller RF isolators that are more affordable and accessible to a wider range of applications. The high cost of RF isolators remains a significant barrier to their growth and adoption in the market despite these advancements. However, the adoption of Industry 4.0 and increase in automation in manufacturing are expected to create new opportunities for RF isolators in industrial applications, where reliable and efficient communication systems are critical for optimizing the production process and reducing downtime.

Report Coverage & Details:

Report Coverage

Details

Forecast Period

2022–2032

Base Year

2022

Market Size in 2022

$0.7 billion

Market Size in 2032

$1.3 billion

CAGR

5.9 %

No. of Pages in Report

260

Segments covered

Type, Application, End User, and Region.

Drivers

Growth in demand for wireless communication systems drives RF isolator market growth.

Advances in the semiconductor industry pave the way for improved RF isolators.

Opportunities

Industry 4.0 and automation in manufacturing create an opportunity demand for RF isolators in industrial applications.

Restraints

High cost of RF isolators.

Covid-19 Scenario

The co-axial Isolator segment to maintain its leadership status throughout the forecast period.

Based on type, the co-axial isolator segment held the highest market share in 2022, accounting for nearly half of the global RF Isolator market revenue, and is estimated to maintain its leadership status throughout the forecast period, as it has high demand for the development of new 5G technologies that can support emerging applications such as 5G and Industry 4.0. However, the drop-in isolator segment is projected to manifest the highest CAGR of 6.65% from 2023 to 2032, as it is expected to rise significantly as emerging markets continue to invest in advanced technologies such as 5G and internet of things (IoT).

The 1950 to 2000 MHz segment to maintain its leadership status throughout the forecast period.

Based on application, the 1950 to 2000 MHz segment held the highest market share in 2022, accounting for more than three-fourths of the global RF Isolator market revenue, owing to the advancements in technology, and increase in demand for state-of-the art communications system for military. Moreover, the same segment is projected to manifest the highest CAGR of 5.98% from 2023 to 2032, and is estimated to maintain its leadership status throughout the forecast period, owing to increase in use of wide-bandgap semiconductors such as gallium nitride (GaN) and silicon carbide (SiC) which enables the creation of smaller, more efficient, and reliable components, ultimately driving the demand for RF isolators.

The telecommunications segment to maintain its leadership status throughout the forecast period.

Based on end user, the telecommunications segment held the highest market share in 2022, accounting for more than one-fourth of the global RF Isolator market revenue, owing to the advancements in 5G technology, which caters the installation of new base stations and antenna globally. Moreover, the same segment is projected to manifest the highest CAGR of 6.38% from 2023 to 2032, and is estimated to maintain its leadership status throughout the forecast period, owing to increase in the design of microwave and millimeter-wave systems, including point-to-point links and radar systems, which require high-frequency operation and isolation to prevent signal reflections and interference from affecting system accuracy.

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North America to maintain its dominance by 2032.

Based on region, North America held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global RF Isolator market revenue and is likely to dominate the market during the forecast period. The Asia-Pacific region is expected to witness the fastest CAGR of 6.10% from 2023 to 2032, owing rapid expansion of aerospace and defense industries in the region, as aerospace and defense industries rely heavily on electronic communication and radar systems, which need RF isolators to ensure reliable operation. Companies such as Kete Microwave Electronics Co.,Ltd. have been able to capitalize on this growth by offering a range of X-band RF isolator and circulator products that cater to various applications, including space research, broadcasting satellites, and fixed communication service satellites.

Leading Market Players: -

The report provides a detailed analysis of these key players of the global RF Isolator market. These players have adopted different strategies such as acquisition, branding, new product launches, collaborations, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Key Benefits for Stakeholders

RF Isolator Market Key Segments:

Type

Application

End User

By Region

Want to Access the Statistical Data and Graphs, Key Players' Strategies: https://www.alliedmarketresearch.com/rf-isolator-market/purchase-options

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