RF Power Semiconductor Market: Regional Insights
The global RF power semiconductor market on the basis of region is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific region is expected to hold a dominant position in global RF power semiconductor market by 2025. The growth in the regional market is attributed to the increased demand for consumer electronics products. In Asia Pacific region, emerging economies such as India and China are manufacturing hubs for consumer electronic products, including smartphones, home appliances, and televisions. According to Coherent Market Insights analysis, in 2016, over 450 million units of smartphone devices were sold in China. Low manufacturing cost in China, Taiwan, and Malaysia is also expected to boost the growth of the regional RF power semiconductor market.
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