Latin America Radio Frequency Components Market Size & Outlook
The radio frequency components market in Latin America is expected to reach a projected revenue of US$ 6,133.6 million by 2030. A compound annual growth rate of 12% is expected of Latin America radio frequency components market from 2025 to 2030.
Revenue, 2024 (US$M)
$3,100.6
Forecast, 2030 (US$M)
$6,133.6
CAGR, 2025 - 2030
12%
Report Coverage
Latin America
Related Markets
Latin America radio frequency components market highlights
- The Latin America radio frequency components market generated a revenue of USD 3,100.6 million in 2024.
- The market is expected to grow at a CAGR of 12% from 2025 to 2030.
- In terms of segment, filters was the largest revenue generating product in 2024.
- RF Amplifiers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 3,100.6 million |
| Market revenue in 2030 | USD 6,133.6 million |
| Growth rate | 12% (CAGR from 2025 to 2030) |
| Largest segment | Filters |
| Fastest growing segment | RF Amplifiers |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Filters, Duplexers, RF Amplifiers, RF Switches, Modulators and Demodulators, Mixers and Synthesizers |
| Key market players worldwide | Broadcom Inc, Fujitsu Ltd, IQE PLC, NXP Semiconductors NV, Renesas Electronics Corp, Murata Manufacturing Co Ltd, Taiwan Semiconductor Manufacturing Co Ltd ADR, Texas Instruments Inc, TDK Corp, Rohm Co Ltd, Toshiba Corporation, UMS Holdings Ltd, MACOM Technology Solutions Holdings Inc, Amphenol Corp Class A, Wolfspeed Inc, Qorvo Inc, Analog Devices Inc, Merck & Co Inc, Knowles Corp, Skyworks Solutions Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.4% of the global radio frequency components market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 35,734.3 million by 2030.
Filters was the largest segment with a revenue share of 23.22% in 2024. Horizon Databook has segmented the Latin America radio frequency components market based on filters, duplexers, rf amplifiers, rf switches, modulators and demodulators, mixers and synthesizers covering the revenue growth of each sub-segment from 2018 to 2030.
The key factors driving the radio frequency component market in the region include factors such as the surge in the launch of new technologies such as smart homes and wearable devices, the rollout of 5G, and improving disposable income in the region are creating new avenues for the growth and development of the Latin American radio frequency component market.
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Radio Frequency Components Market Scope
Radio frequency components market segmentation & scope
Others
Radio Frequency Components Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Skyworks Solutions Inc | View profile | 9750 | 5260 California Avenue, Irvine, CA, United States, 92617 | https://www.skyworksinc.com |
| Knowles Corp | View profile | 7100 | 1151 Maplewood Drive, Itasca, IL, United States, 60143 | https://www.knowles.com |
| MACOM Technology Solutions Holdings Inc | View profile | 1500 | 100 Chelmsford Street, Lowell, MA, United States, 01851 | https://www.macom.com |
| UMS Holdings Ltd | View profile | 592 | 23 Changi North Crescent, Changi North Industrial Estate, Singapore, Singapore, 499616 | https://www.umsgroup.com.sg |
| IQE PLC | View profile | 1528 | Pascal Close, Saint Mellons, Cardiff, South Glamorgan, United Kingdom, CF3 0LW | https://www.iqep.com |
| Qorvo Inc | View profile | 8700 | 7628 Thorndike Road, Greensboro, NC, United States, 27409-9421 | https://www.qorvo.com |
| TDK Corp | View profile | 102908 | Shibaura Renasite Tower, 3-9-1 Shibaura, Minato-ku, Tokyo, Japan | http://www.tdk.co.jp |
| Renesas Electronics Corp | View profile | 21236 | Toyosu Foresia, 3-2-24, Toyosu, Koto-ku, Tokyo, Japan, 135-0061 | http://www.renesas.com |
| Wolfspeed Inc | View profile | 4802 | 4600 Silicon Drive, Durham, NC, United States, 27703 | https://www.wolfspeed.com |
| Taiwan Semiconductor Manufacturing Co Ltd ADR | View profile | 76478 | No. 8, Li-Hsin Road 6, Hsinchu Science Park, Hsinchu, Taiwan, 300-096 | https://www.tsmc.com |
| Amphenol Corp Class A | View profile | 95000 | 358 Hall Avenue, Wallingford, CT, United States, 06492 | https://www.amphenol.com |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.toshiba.com/tai/ |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
| Analog Devices Inc | View profile | 26000 | One Analog Way, Wilmington, MA, United States, 01887 | https://www.analog.com |
| Murata Manufacturing Co Ltd | View profile | 73828 | No. 10 No. 1 Yubinbango, Nagaokakyo, 1-chome, Kyoto Higashikotari, Nagaokakyo, Japan, 617-8555 | http://www.murata.co.jp |
| Rohm Co Ltd | View profile | 23751 | 21, Saiin Mizosaki-cho, Ukyo-ku, Kyoto, Japan, 615-8585 | http://www.rohm.co.jp |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
| Fujitsu Ltd | View profile | 124055 | Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 | http://www.fujitsu.com |
Latin America radio frequency components market size, by country, 2018-2030 (US$M)
Latin America Radio Frequency Components Market Outlook Share, 2024 & 2030 (US$M)
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