The advancements in technology and miniaturization property (capability to fit in small size) of RF components are the factors driving this market forward. In addition, with advancements in universal mobile telecommunication network (3G and 4G), the market has seen high demand for tuners and switchers for offering precise functionality to other radio frequency devices such as demodulators, power amplifiers, etc. Although, the radio frequency components market is witnessing good growth, the production of radio frequency components requires significant investment from vendors, posing a challenge to the growth of radio frequency component market.

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The radio frequency components market is segmented on the basis of components, modules, applications, and geography. The radio frequency components market is segmented on the basis of its components into five major categories, namely- RF filter (RX/TX FILTERS), duplexers, power amplifiers, antenna switches, and demodulators. On the basis of applications, the radio frequency components market is segmented into four major categories, namely- cellular phones, tablets and note books, SMART TVs, and STB (Set Top Box). The global traction transformer market is further segmented on the basis of modules into six major categories, namely- TX module, RX module, antenna switch module, duplexer + PA module, multi duplexer module, and RX + duplexer module. The radio frequency components market is segmented on the basis of geography into North America, Asia Pacific, Europe, and Rest of World (ROW).

Some of the leading players in the radio frequency components market include Triquint Semiconductors (U.S.), Murata Manufacturing (Japan), RDA Microelectronics (China), Skyworks Inc. (U.S.), RF Micro devices (U.S.), and AVAGO Technologies (U.S.). Other key players in the market include, ANADIGICS Inc., Vectron International, Tektronix, Inc., Epson Toyocom, WIN Semiconductors Corp., and Mitsubishi Electric Corporation.

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