San Francisco, California, May 08, 2018: A recently added market study by TMR Research, titled, “Varactor Diode Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2025,” finds that the market would receive a major fillip on account of the exploding electronics sales. The burgeoning mobile phone market is particularly acting as a prominent catalyst. Besides, its increasing adoption in radio frequency too would stoke demand in the market. Manufacturers of such goods are increasingly opting for varactor diode owing to their smaller size, lightweight, and the reduced noise they generate when compared with other diodes.
Geographically, Asia Pacific at present leads the market for varactor diode. This is because of the booming sales of smartphones, tablets, and various other electronic gadgets and also their increased manufacture, particularly in South Korea and China. India is another market to watch out for in the region. North America trails Asia Pacific in terms of market share. The large defense and military sector in the region is at the forefront of driving demand for the product. Europe, the Middle East and Africa, and Latin America are other regions to look out for vis-à-vis growth opportunities.
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Some of the key players operating in the global market for varactor diode that have been profiled in the report are ON Semiconductor Corp., Skyworks Solutions Inc., NXP Semiconductors N.V., Diodes Inc., and Infineon Technologies AG. These players have attained a prominent position on the back of their continued thrust on product development leveraging cutting edge research and development.