Varactor Diode Market Analysis | CMI

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VARACTOR DIODE MARKET ANALYSIS

• Varactor Diode Market Report, the Market is
  Segmented by Breakdown Voltage (5V - 30V, 31V -
  65V, and 65V Above), by Application (Mobile
  Devices, Satellite Communication, and Defense,
  Aviation Marine), and by Region (North America,
  Europe, Asia Pacific, Latin America, Middle East,
  and Africa) - Size, Share, Outlook, and
  Opportunity Analysis, 2018 2026

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• Growing demand for consumer electronics such as
  tablets, smartphones, electronic devices, and DVD
  recorders for entertainment, commercial, and
  educational purpose is expected to boost growth
  of the global Varactor Diode Market.
• Global varactor diode market is expected to
  witness significant growth during the forecast
  period (20182026). The market growth for
  varactor diode is majorly attributed to growing
  demand for consumer electronic devices and use of
  varactor diode in radar systems to detect objects
  such as spacecraft, aircraft, guided missiles,
  and motor vehicles.

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Market Restraints

• The major restraining factor for global varactor
  diode market is the availability of zener diode
  and other diode as an alternative to varactor
  diode as it has similar properties and cost less
  than varactor diode. However, the use of zener
  diode is avoided where strict requirement of high
  range tuning diode is needed.

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Figure 1. Global Varactor Diode Market Share (),
by Region (2017 2026)
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High Expenditure on Research and Development by
Defense, Aviation and Marine Industry is expected
to Aid in Growth of the Global Varactor Diode
Market.

• Global varactor diode market is segment into
  breakdown voltage and application. Application
  segment is further divided into mobile devices,
  satellite communication and defense, aviation
  marine among these mobile device segment
  contribute to more than half the market share
  followed by satellite communication and then
  defense, aviation marine.
• Governments of several countries are excessively
  spending on research and development to upgrade
  their weapons and equipment owing to security
  related issues. For enhanced security cases,
  radars are used on large number, which in turn
  will aid the global varactor diode market to
  grow. Radar contains varactor diode, which are
  used to provide signal tracking filters by
  working with voltage control oscillators.
• As per Coherent Market Insights, global varactor
  diode market is expected to increase at a rapid
  pace over the forecast period. Increasing
  investment to develop 5G technology by various
  countries will boost the growth of the mobile and
  tablet industry, which in turn increases demand
  for varactor diode. This is another key factor
  expected to aid in growth of the global varactor
  diode market.

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Figure 2. Global Varactor Diode Market Share (),
By Application (2017 2026)
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Increasing Demand for Varactor Diode among Mobile
Devices Segment in Emerging Economies of Asia
Pacific

• Asia Pacific held dominant position in the global
  varactor diode market in 2017, and is projected
  to retain its dominance throughout the forecast
  period. This is owing to huge customer base using
  smartphones and tablets and rapid development of
  5G technology in this region. North America is
  expected to be the fastest growing market
  throughout the forecast period, owing to
  excessive spending by the U.S. government on
  research and development in defense and military
  industry.
• In Asia Pacific, mobile devices segment is
  growing at a higher rate due to the presence of
  large customer base using smartphone and tablets,
  owing to high population in countries such as
  India and China. The demand for mobile devices is
  expected to increase due to high disposable
  income and growing development of 5G technology
  in this region.

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Key Players

• Major players operating in the global varactor
  diode market include NXP Semiconductors,
  STMicroelectronics, Arrow Electronics, Inc.,
  Infineon Technologies AG, ON Semiconductor,
  MACOM, Vishay Intertechnology Inc., Microsemi,
  Analog Devices, Inc., Integrated Device
  Technology, Inc., and others.

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• Reference https//www.coherentmarketinsights.com
  /market-insight/varactor-diode-market-2474

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