Rapidly Growing Radio Frequency (RF) Technologies
The global market for products utilizing digital radio, high-definition TV, advanced cellular, wireless networking, radio frequency identification, global positioning systems, and radio frequency plasma was worth nearly $201 billion in 2010 and is expected to reach $416 billion in 2015, a compound annual growth rate (CAGR) of 15.7% over the next 5 years.
SCOPE OF REPORT
This report is an analytical business tool with the primary purpose of describing and analyzing the size and dynamics of the global market for selected RF technologies and applications. Major sections of the report cover the following topics:
- Summary of findings and conclusions
- Overview of the RF industry
- Rapidly growing RF technologies and applications
- Market size and segmentation
- Market drivers and constraints
- Detailed market projections by market segment, through 2015
- Long-term outlook for the RF industry
Andrew McWilliams, the author of this report, is a partner in the Boston-based international technology and marketing consulting firm, 43rd Parallel, LLC. He is also the author of numerous other BCC Research studies, including several that analyze various RF products and applications, such as the recent report, IAS020B RFID: Technology, Applications, and Global Markets; SAS011B Global Mobile Positioning Markets: Commercial, Military, Homeland Defense; and the predecessor to this report, IFT057A Emerging RF Technologies.
Frequently Asked Questions (FAQs)
The total U.S. market for products and processes using RF technologies was an estimated $24.1 billion in 2003. The market, rising at an average annual growth rate (AAGR) of 33%, is expected to reach $100.5 billion in 2008.
In 2003, HDTV had greater sales ($7.8 billion) than any other emerging RF technology, followed by advanced 2.5G/3G cellular ($3 billion), RF plasma applications ($3.3 billion) and GPS ($4.5 billion).
Advanced cellular has by far, the highest projected growth rate (63.7% AAGR), and by 2008 is expected to have surpassed HDTV with $36.2 billion in projected sales.
Digital radio has the second-highest projected AAGR of 58.6%, with sales reaching $4.1 billion by 2008. Wireless networking has the thirdhighest (30.7%), with sales of $16.3 billion expected in 2008.