Power Amplifier Market Size

Power Amplifier Market Analysis

The Power Amplifier Market was valued at USD 23.219 billion in 2020 and is expected to reach USD 37.881 billion by 2026, at a CAGR of 8.5% over the forecast period 2021 - 2026. Wireless communications have been exploding in the last few years, and their growth is expected to follow similar in the near future. While the market demand is for higher throughput and lower power consumption, the designers of wireless transmitters have to cope with even more stringent demands on system bandwidth, linearity, and versatility. The power amplifier (PA) is a crucial element of the transmitter since it greatly affects both power efficiency and linearity. These amplifiers draw power from the source of supply and control the output signal with a larger amplitude. Power amplifiers are an update to the traditional amplifiers and are used in consumer electronic devices, such as smartphones and tablets. In addition, to meet the demand of harsh industrial environments, these amplifiers are designed to be extremely robust, often capable of strengthening the low-power signal.

• The expanding adoption of power semiconductors in smartphones and usage of 5G is one of the primary factor improving the demand. With the increment in the need for greater data rates and larger spectral efficiency, the requirement for high-speed mobile broadband internet is growing. This has driven to the implementation of LTE, which is further anticipated to boost the expansion of the Power Amplifier market. With the introduction of the Internet and its consequent migration to mobile platforms, the need for high data rates over increasingly crowded radio bands has prompted linearity standards to limits or extremes that are well beyond the abilities of any known PA technology.
• The class A amplifiers held the most extensive share in the global power amplifier industry in 2018, while the class D power amplifiers are supposed to be the fastest-growing during the forecast period. In terms of vertical, the consumer electronics vertical is forecasted to account for the bulk of the power amplifier industry during the forecast period. The growing trend of digitalization and progress in smart city projects in many countries across the world is also generating potential possibilities for the growth of the power amplifier semiconductor market. Moreover, progress in the usage of RF power devices in several lighting applications is also encouraging growth in the global power amplifier market.