Global Varactor Diode Market: Snapshot
Varactor diodes are utilized extensively in wireless infrastructure. They play a significant role in the proper operation of 5G technology, as these diodes are highly efficient in enhancing linearity function for high speed applications. A considerable rise in the sales of electronic goods, such as laptops, smartphones, and tablets can be observed across the world in the near future, thanks to the advent of 5G technology. At present, 5G technologies are under research and development phase, and hence, varactor diodes are mostly employed in VCOs and utilized in various applications, such as consumer devices, radar, and seaports.
Going forward, the augmenting number of mobile services, such as e-commerce, social media, and financial services, is expected to drive the global market for varactor diodes, considerably, in the years to come. In addition to this, the rising application of mobile broadband technology and the increasing demand for consumer electronics are projected to support the growth of this market over the next few years. Emerging consumer electronics technologies are also expected to influence this market positively over the forthcoming years.
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Manufacturers of varactor diodes across the world are emphasizing on expanding their product portfolio to gain maximum traction in the global market. With a massive mobile subscriber base, countries, such as China and India have surfaced as the key contributors to the global market for varactor diodes. These economies are registering a constant development in 5G mobile technologies and, since these diodes are utilized extensively in mobile devices, especially in the smartphones, their demand is increasing significantly in the Asia Pacific region.
Global Varactor Diode Market: Overview
The global varactor diode market is envisioned to increase growth riding on a widening range of mobile services including financial, ecommerce, and social media. Since varactor diode finds application in mobile devices, the growth of the marker could be directly influenced by the development of 5G mobile technologies. Currently, companies are focusing on research and development and product enhancement to bolster their growth status. Increasing usage of radars could augur well for the market since they contain voltage-controlled oscillators (VCOs) which incorporate varactor diodes.
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Global Varactor Diode Market: Trends and Opportunities
The world varactor diode market is foreseen to gain impetus on the back of the swelling demand for consumer electronics witnessed on the global platform. While this could a powerful factor augmenting the demand for varactor diode, increasing adoption within the arena of radio frequency design is anticipated to set the tone for a valuable growth in the market. Furthermore, rising count of mobile phone subscriptions could tellingly increase the demand in the market. Varactor diode is considered to be a good choice for manufacturers because of their small size, light weight, and less noise generated in comparison with other diodes.
Global Varactor Diode Market: Market Potential
In March 2018, Diodes Incorporated announced AL5816, AL5815, AL5817, and AL5814 linear LED controllers. Available in thermally-enhanced MSOP-8EP and SOT-25 packages, the AL58xx series offers a low bill of materials (BOM)-cost solution for a range of industrial and commercial applications such as general smart-lighting installations and architectural details. It could also be applied in appliance interior lighting, instrumentation illumination, and signage. With an over 80% efficiency, these devices are expected to deliver adjustable and dimmable drive current for LED strings.
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Global Varactor Diode Market: Regional Outlook
On the geographical front, the international varactor diode market is foretold to witness the rise of Asia Pacific as a leading region. This could be on account of its expected higher share with respect to revenue supported by the escalating demand for varactor diode in the manufacture of tablets, smartphones, and other electronic gadgets. The market situation could be particularly true in successful emerging economies of the region. North America is envisaged to take the second position in terms of share owing to rising adoption in the defense and military industry. Other regions, viz. the Middle East and Africa, Latin America, and Europe could tread on the heels of North America.
Global Varactor Diode Market: Companies Mentioned
Prominent industry names such as Skyworks Solutions Inc., ON Semiconductor Corp., NXP Semiconductors N.V., Infineon Technologies AG, and Diodes Inc. are expected to make their presence known in the international varactor diode market. The report offers deep insight into the competitive scenarios of the market and how the vendor landscape could shape in the near future.