
1 minute read
MarketsandMarkets Presents
from Capitalizing on the Growing RF Semiconductor Market: Forecasted Valuation of $26.2 Billion by 2025
Euroepan RF semiconductor market to grow at significant rate during the forecast period.
The increasing concerns regarding the safety of travelers and vehicles on roads have led to the adoption of intelligent transportation systems in this region. The European Transport Safety Council (ETSC) focuses on the adoption of intelligent transportation systems. RF semiconductors are embedded in these systems, and increasing the adoption of these systems is expected to propel the demand for RF semiconductors during the forecast period. In 2018, the European Commission mandated 11 safety features to be included in all new cars from 2021, which would provide an opportunity for the market. In Europe, there is very high adoption of 4G as the coverage is improving continuously.
Advertisement