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RF Interconnect Market Is Expected To Reach at USD 27.31 Billion By 2022, at a CAGR Of 7.5% during Forecast Period 2023 To 2030 | Data By Contrive Datum Insights Pvt Ltd.

Contrive Datum Insights Pvt Ltd
Contrive Datum Insights Pvt Ltd

According to a market research study published by Contrive Datum Insights, Asia-Pacific had 44.02% of all sales in 2022, which made it the market leader.

Farmington, Jan. 27, 2023 (GLOBE NEWSWIRE) -- The Global RF Interconnect Market Size Was Valued at USD 27.31 Billion in 2022 And Is Expected to Expand at a CAGR of 7.5% from 2023 to 2030. RF interconnect is used in many electronic products where the quality of the signal transmission is important, like when high-speed digital signals are being used. A radio frequency (RF) interconnect is the full path that connects one device to another. More and more aerospace, telecommunications, and military applications are using radio frequency cables. This is a big reason why the demand for RF cable assemblies is going up. RF cable assemblies are an important part of electronic systems that are used by the military for mission-critical tasks. RF cables are used in places where there is a lot of stress and danger because they let people talk quickly and have low loss. Because they work quickly and reliably, RF cable assemblies are also used in lab equipment and test-measuring tools. RF cables are used in the military because of these benefits, and the market for RF cable assemblies is growing.

Request Sample Copy of Report “RF Interconnect  Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030”, published by Contrive Datum Insights.

Recent Developments:

  • In September 2020, Delta Electronics, Inc. said that it worked with the COBO (Consortium for On-Board Optics) and Microsoft to make a POC (proof of concept) open networking switch with 12.8 Tbps of bandwidth capacity. The Consortium for On-Board Optics standard makes it easy to put five different types of optical modules in a single 4U rack with eight ports. This saves up to 30% of energy and speeds up transmission to 800G. This innovative proof-of-concept open networking switch shows how good Delta is at making and researching next-generation data centre infrastructure that is fast and uses less energy for the 5G era.

  • In November 2020, The Canadian government said it would spend about USD 134.84 million (CAD 175 million) to help people and businesses connect to high-speed data networks. Plans called for about 98% of Canadians to be connected to high-speed internet networks by 2026, and for everyone to be connected by 2030.

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Segment Analysis:

Type Insights

Overall, the RF cable assembly segment led the market, with a revenue share of more than 33% in 2021 and a CAGR of more than 6% over the next few years. When one or more cables are put into a single tube and put together, this is called cable assembly. Connectors are put on the ends, which are then connected to adapters. The lines that carry RF signals from one part of a system to another are called RF cable assemblies (for example, equipment to equipment, equipment to the antenna, PC board to the antenna, PC board to a PC board, etc.).

Frequency Insights

With 41.9% of the market in 2021 and a CAGR of 7.0% over the next few years, the up to 50 GHz segment led the whole market. This range of frequencies is called "Super High Frequency" (SHF). Radio frequencies (RF) between 3 and 50 gigahertz are called SHF by the International Telecommunication Union (ITU). This frequency band is also called the centimetre band or the centimetre wave because the wavelengths are between one and ten centimetres.

End-user Insights

With a 61.7% share, the other segment is expected to bring in the most money in 2021. In the "Others" section, you can find information about industries like construction, IT and telecommunications, consumer electronics, manufacturing, and automobile. The consumer electronics industry is likely to be a good place for the global radio frequency cable industry to grow. This is because high-tech products are always getting better and more people want HVAC equipment with advanced features.

Regional Outlook:

Asia-Pacific had 44.02% of all sales in 2021, which made it the market leader. In the Asia-Pacific region, the need for RF interconnect components is being driven by, among other things, better manufacturing facilities, better government programmes, more construction, and more investments in new infrastructure. For instance, in August 2020, the Prime Minister of India opened a unique underwater optical fibre cable that connects the Andaman and Nicobar Islands to the rest of India. The government wants to improve the local economy by giving people faster internet data transfer.

During the time period of the forecast, North America is expected to grow the fastest, at a compound annual growth rate (CAGR) of 8.3%.

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Scope of Report:

Report Attributes

Details

Growth Rate

CAGR of 7.5% from 2023 to 2030.

Revenue Forecast by 2022

USD 27.31 Billion

By Product Type

RF Cable, RF Cable Assembly, RF Coaxial Adapter, RF Connector, Others

By End Use

Aerospace & Defense, Medical, Industrial, Others

By Frequency

Up to 6 GHz, Up to 50 GHz, Above 50 GHz, Others

By Companies 

Penn Engineering Components, Jupiter Microwave Components Inc., Quantic Electronics, Amphenol RF, Delta Electronics, Inc., Samtec, Cobham Advanced Electronic Solutions, Ducommun Incorporated, ETL Systems Ltd., Smiths Interconnect, DigiLens Inc., Corning Incorporated, Global Invacom, Radiall, HUBER + SUHNER, L. Gore & Associates, Inc., Flann Microwave Ltd.

Regions and Countries Covered

  • North America: (US, Canada, Mexico, Rest of North America)

  • Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)

  • Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)

  • The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)

  • Latin America(Brazil, Argentina, Rest of Latin America)

  • Rest Of the World

Base Year

2022

Historical Year

2017 to 2022

Forecast Year

2023 to 2030

Key Segments Covered:

Top Market Players:
Penn Engineering Components, Jupiter Microwave Components Inc., Quantic Electronics, Amphenol RF, Delta Electronics, Inc., Samtec, Cobham Advanced Electronic Solutions, Ducommun Incorporated, ETL Systems Ltd., Smiths Interconnect, DigiLens Inc., Corning Incorporated, Global Invacom, Radiall, HUBER + SUHNER, L. Gore & Associates, Inc., Flann Microwave Ltd., and others.

By Product Type

  • RF Cable

  • RF Cable Assembly

  • RF Coaxial Adapter

  • RF Connector

  • Other

By End Use

  • Up to 6 GHz

  • Up to 50 GHz

  • Above 50 GHz

  • Others

By Frequency

  • Online

  • Offline

  • Others

Regions and Countries Covered

  • North America: (US, Canada, Mexico, Rest of North America)

  • Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)

  • Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)

  • The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)

  • Latin America: (Brazil, Argentina, Rest of Latin America)

  • Rest Of the World

Check out more related studies published by Contrive Datum Insights:

  • RF Rotary Joints Market - The RF Rotary Joints market is expected to grow from USD 698 million in 2022 to USD 846 Million by 2030, at a CAGR of 3.9%. China holds the largest share of the RF rotary joints market in Asia Pacific in 2021.

  • RF Component Market - The Global RF Component Market size was valued at USD 16.26 Billion in 2022 and is projected to reach USD 62.38 Billion by 2030, growing at a CAGR of 18.3% from 2023 to 2030. Asia-Pacific was the biggest regional market, with 33% of the market share in 2022 and the fastest growth rate of 17% over the forecast period.

  • Rf Over Fiber (RFOF) Solutions Market - The global RF-Over-Fiber (Rfof) Solutions Market Size Is Expected To Increase From US$ 827.3 Mn In 2022 To US$ 1.84 Bn By The End Of 2032, Expanding At A High CAGR Of 8.3% During The Forecast Period 2022-2030. North America dominates the global market with a share of around 29.9% in 2022.

Customization of the Report: The report can be customized as per client needs or requirements.
For any queries, you can contact us on anna@contrivedatuminsights.com or +1 2152974078. Our sales executives will be happy to understand your needs and provide you with the most suitable reports.

About Us:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.

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