by Radio frequency transmitter encapsulant are polymeric resin used encase electric components within antennas and wireless telecommunication devices. These encapsulants offer protection from moisture, chemicals, corrosion and vibration. Rapid growth in 5G connectivity has increased demand for radio frequency transmitting devices which utilize encapsulants to insulate sensitive electrical components. The encapsulant forms a tough protective layer preventing damage to circuits from external environment. Growing adoption of smartphones, tablets and various wireless IoT devices relying on cellular connectivity has augmented the need for transmitter encapsulants.
The global Radio Frequency Transmitter Encapsulant Market is estimated to be valued at US$ 2.53 Bn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the radio frequency transmitter encapsulant market is development of novel materials with high thermal conductivity. Conventionally used encapsulants have relatively lower heat dissipation abilities. However, as 5G technology utilizes components operating at high frequencies producing increased heat loads, demand exists for encapsulants featuring advanced thermal management. Major players are engaged in R&D focusing on novel polymer recipes, addon thermal conductivity enhancers and nano-additive formulations to bolster heat transfer from enclosed electronics; thereby allowing them to operate at optimum efficiency for longer duration without requiring cooling mechanisms. Such innovations will supplement revenue growth of the radio frequency transmitter encapsulant market over coming years.
Porter’s Analysis
Threat of new entrants: The threat of new entrants is moderate as the RF transmitter encapsulant market is fragmented and industry regulations are stringent. However, the low cost of technology provides opportunities to new players.
Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of substitutes and fluctuations in demand.
Bargaining power of suppliers: Suppliers have low to moderate bargaining power as there are many suppliers for raw materials and they are not integrated.
Threat of new substitutes: The threat of new substitutes is low as there are limited product substitutes for RF transmitter encapsulants.
Competitive rivalry: The competitive rivalry is high as the market is fragmented with many regional and international players competing on pricing and innovation.
Key Takeaways
The Global Radio Frequency Transmitter Encapsulant Market is expected to witness high growth over the forecast period.
Regionally, North America dominates the market currently due to high penetration of electronic devices. Asia Pacific is expected to grow at the fastest pace during the forecast period owing to rapid industrialization in the region.
Key players operating in the radio frequency transmitter encapsulant market are Neurosky Inc., Posit Science Corporation, BrainHQ, Synaptitude Brain Health, Mindmaze SA, Neurovigil Inc., Lumosity, Neuronetics, Inc., Cognifit, and Advanced Brain Monitoring.
Note:
Source: Coherent Market Insights, Public sources, Desk research
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