Global envelope tracking chips market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of ~11% during the forecast period.
Global Envelope Tracking Chips Market
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Envelope tracking is a power supply management technique which is widely used in RF power amplifiers to improve its energy efficiency, to enhance its battery life and to reduce power consumption of RF amplifiers.
A growing adoption of envelope tracking chip in variety of applications ranging from AM broadcast transmitters to various cellular and wireless communications systems is the major driving factor behind the growth of the market. An increasing advancements and developments in wireless communication technology, rising adoption of 4G, 5G, and LTE technology, rapid growth in consumer electronic and telecommunication market, growing attractive investments in power management technologies by various manufacturers, expanding demand for high efficient power management technologies for RF amplifiers and surge in the adoption of smart home along with smart connected devices are expected to improve growth of the market during the forecast period.
However, need for high bandwidth and complex architecture design of envelope tracking chips are the major restraining factors that could hamper the growth of the market.
Global Envelope Tracking Chips Market: Segmentation Analysis
By technology, wireless and cellular communication segments dominated the market in 2019 and are expected to maintain their dominance at a CAGR of XX% during the forecast period. A surge in the adoption of various wireless communication standards such as Bluetooth, Zigbee, Wi-Fi and many other wireless communications standards for wireless devices such as headphones and speakers is attributed to the growth of the market. A growing market for cellular communication technologies such as LTE, 3G, 4G and 5G, rising adoption of 3G and 4G technology based cellular phones and increasing introduction of various RF based devices to use in cellular applications are likely to expand growth of the market during the forecast period.
By industry, consumer electronics segment dominated the market in 2019 and is projected to witness fast growth at a CAGR of XX% during the forecast period. The growing use of mobile devices such as Smartphones, tablets and many others are comparatively increasing a huge demand of mobile data consumption across the globe. An increasing data related with consumer content is being shared and uploaded to the cloud each day at anytime and from anywhere. Thus, rising demand for envelope tracing chips in consumer electronics applications to meet growing demand of high-power consumption, high data rates and high efficiency of battery power, to share mobile content is attributed to the growth of the market.
Global Envelope Tracking Chips Market: Regional Analysis
Region-wise, Asia Pacific held the largest market share in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The economies such as China, India, Japan and South Korea are the major key contributors behind the growth of the market. The growth is attributed to the growing market for consumer electronics and telecommunication industry across the globe.
An increasing production and sales of consumer electronics products such as Smartphones, laptops, tablets wearable electronics and other smart connected devices in high populous countries such as China and India, growing significance of RF power amplifiers in many telecommunication and electronics applications, rising necessity of internet connectivity, growing adoption rate of smart home along with smart connected home devices and continuous investments and initiatives by the government to expand electronics industry are driving the growth of the market in APAC region.
The objective of the report is to present a comprehensive analysis of the Global Envelope Tracking Chips Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Envelope Tracking Chips Market dynamics, structure by analyzing the market segments and projects the Global Envelope Tracking Chips Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Envelope Tracking Chips Market make the report investor’s guide.
Scope of Global Envelope Tracking Chips Market
Global Envelope Tracking Chips Market, By Technology
• Satellite Communication
• Wireless Communication
• Cellular Communication
Global Envelope Tracking Chips Market, By Industry
• Consumer Electronics
Global Envelope Tracking Chips Market, By Region
• North America
• Asia Pacific
• South America
• Middle East and Africa
Global Envelope Tracking Chips Market, Key Players
• Qualcomm, Inc
• Texas Instruments Inc
• TriQuint Semiconductor
• Samsung Electronics Co., Ltd
• R2 Semiconductor
• Analog Devices, Inc
• Maxim Integrated
• Linear Technology Corporation
• Artesyn Embedded Technologies Inc
• Skyworks Solutions, Inc
• Efficient Power Conversion Corporation
• Rohde & Schwarz
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