Envelope Tracking Chips Market

Envelope Tracking Chips Market Size, Trends & Forecast (2021 - 2026)

As per our latest research report, the market size for Envelope Tracking Chips is expected to show steady growth during the forecast period 2021 – 2026.

In order to improve the energy efficiency of radio frequency power amplifiers, power is supplied by the envelope tracking chips with the help of envelope tracking technology, which is one of the power management technologies that is majorly used in RF (radio frequency) based devices. These chips also used for increasing energy efficiency, reducing heat dissipation, minimizing power consumption, and boosting the battery life which is benefitting the growth in the global envelope tracking chips market. Further, this technology is known as the fast power supply technique, as it helps to improve the RF power amplifier devices' energy efficiency.

Moreover, global envelope tracking chips market's growth is attributed to the rising demand for high-end smartphones and tablet Pcs and the rapid growth of wireless platform market and high investments on technologies in power management. And the integrated technologies in the envelope tracking chips such as wireless cellular communications, satellite communications, & communications and rapid usage of consumer electronics in several applications and the rising adoption of semiconductor devices across the globe are further fuelling the growth of the global envelope tracking chips business.

Driving Factors of Envelope Tracking Chips Market

An increase in the utilization of smartphones, tablets, and laptops across the world is a major factor driving the demand of the market. Growing prevalence for the internet of things and the rise in the demand for the 4G services are accelerating the demand of the market. The rise in the use of effective systems in the telecommunication industries is bolstering the demand of the market.

Major Challenges in the industry

However, lack of standardization is slowly inhibiting the demand of the market. Fluctuations in the prices of the final products remain a challenging factor for market growth. Lack of skilled technicians in resolving complications in less time is limiting the demand of the market.

Growth Opportunities

Growing capital income in most of the countries is one of the factors ascribed to outshine the demand of the market eventually. Growth opportunities for the market lie in the rising investments in power management technologies to provide better efficiency for the systems.

REPORT COVERAGE

This research report has been segmented & sub-segmented into the following categories and evaluated market size & forecast for each segment until 2024.

Envelope Tracking Chips Market - By Technology

• Satellite Communications
• Wireless Communication 
• Cellular Communication

Based on the technology, Wireless communications accounted for the highest shares of the market by owing to the invention of innovative products that are easy and convenient for operating the systems.

Envelope Tracking Chips Market - By Application

• Smart Phones
• IoT Devices
• Tablets
• Wearable Devices
• Connected Home Devices
• Others

In the application segmentation of the global envelope tracking chips market, the Automotive sec-tion is witnessing a significant market share. The growth of this segment is attributed to the grow-ing automotive industry across the globe and the technological advancements in the sector.

Envelope Tracking Chips Market - By End-user

• Communications & Telecom
• Healthcare
• Consumer Electronics
• Space
• Avionics & Defense
• Automotive
• Others

Based on the End-user, the Communication & telecom sector is leading with prominent shares of the market with the rise in the speed of the internet in developed and developing countries.

Envelope Tracking Chips Market - By Region

• North America - (U.S, Canada)
• Europe - (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe)
• Asia Pacific - (India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC)
• Latin America - (Brazil, Mexico, Argentina, Chile & Rest of LATAM)
• Middle East & Africa - (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA)

Regionally, North America is positioned top in leading the largest shares of the market by owing to the quick adoption of the latest technologies and the launch of various products in favor of the end-users. Also, a slight increase in revenue is fueling the demand for this market. Europe is following North America is holding the largest shares with the increasing demand to evaluate better communication systems and also to manufacture products that consume less energy. The rise in the awareness towards the internet of things and the replacement of traditional devices with the latest ones is lavishing the demand of the market.

Asia Pacific is expected to have the fastest growth rate in the coming years. The increasing scale of automobile industries and their demand for advanced technologies to improve productivity is greatly influencing the demand of the market. In addition, the rise in support from the government through funds is merely magnifying the demand of the market in this region. The Middle East and Africa are deemed to have significant growth opportunities in near future. Increased sales of mobile phones and the emergence of cloud-based technology are prompting the demand for this market.  

Key market participants in the Global Envelope Tracking Chips Market listed in the report are Artesyn Embedded Technologies, Qualcomm, Inc., Texas Instruments, Inc., TriQuint Semiconductor, Inc., Samsung Electronics Co., Ltd., Analog Devices, Inc., Linear Technology Corporation, R2 Semiconductor, Inc & Efficient Power Conversion Corporation.