Front End Module Market: Introduction
Research Informatic has published a new report titled “Global Front End Module Market, 2022 – 2028”. The global front end module market is expected to grow at a double digit CAGR of more than 13% in terms of market value over the forecast period from 2022 to 2028, owing to rising demand of wireless communication products in the market.
The front-end module is an ultra-compact embedded module that integrates with various functional components used in wireless front-end circuits such as LTE, Wi-Fi®, Bluetooth, and GPS. The front-end module feature allows an application to interface with multiple types of front-end modules (FEMs). This allows using a power amplifier (PA) to increase transmission power or a low noise amplifier (LNA) to increase sensitivity. As power and sensitivity increase, the range of communication expands.
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Front End Module Market - Dynamics-:
The examination report clarifies the changing statistics in the Front End Module Market that is relied upon to affect demand and supply. In addition, it digs into the administrative changes that are anticipated to move or break down the growing tendency of the market.
Drivers-: Increasing adoption of single-use technologies and focus on developing large molecule biopharmaceuticals is driving the market.
Challenge-: The small capacity of depth filters for high-density collection and the strict regulation of the filtration process with depth filters are limiting the market growth.
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Front End Module Market: Competitive Landscape
The key players have a strong foothold in the market and offer a wide range of product offerings and specifications. The players have adopted various organic as well as inorganic growth strategies. For example, in January 2022, Qorvo released a new wideband Wi-Fi front-end module for customer premises equipment in the 5.1 GHz to 7.1 GHz bands (CPE). The QPF4730 device supports Wi-Fi 6 and Wi-Fi 6E enterprise solutions. Front end module market has a moderately consolidated competitive landscape, with the top companies accounting for the majority of revenue. Key players in the global front-end module market include Murata Manufacturing, Qorvo, Broadcom, Microsemi Company, Skyworks, Magna International Inc., Texas Instruments, STMicroelectronics, Microchip Technology, Analog Devices, Taiyo Yuden, Vanchip, NXP, and Infineon.
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Global Front End Module Market: Segmentation
· Front End Module Market, by Component
o Power Amplifiers
· Front End Module Market, by FEM Category
o Wi-Fi Connectivity
o Smart Devices
· Front End Module Market, by Application Area
o Consumer Electronics
o Wireless Communication
Front End Module Market, by Region
· North America
o Rest of Europe
· Asia Pacific
o South Korea
o Rest of Asia Pacific
· South America
o Rest of South America
· Middle East & Africa
o South Africa
o Rest of Middle East & Africa
Key-Findings from the Study
· The global front end module market is anticipated to add 2.1X value in terms of value by 2028 as compared to 2022
· Front end filters segment in terms of component is expected to gain traction during the forecast period
· Wi-Fi connectivity segment under FEM category is projected to grow at a major growth rate
· Consumer electronics under application area segment is poised to grow with impressive growth rate
· North America is set to dominate market in terms of value during the forecast period
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