Wednesday 11 March 2015, Amsterdam
The new report recognizes the following companies as the key players in the Global Radio Frequency (RF) Devices Market for Smart TV: Avago Technologies Ltd., Murata Manufacturing Co. Ltd., RF Micro Devices Inc. (RFMD), Skyworks Solutions Inc. and TriQuint Semiconductor Inc.
Other Prominent Vendors in the market are: ams, Anadigicis, EPCOS, M/A-COM Technology Solutions and Renesas.
Commenting on the report, an analyst from the report's team said: “One of the prominent emerging trends in the market is the growing technological convergence. Smart TV original equipment manufacturers are constantly adding new features to their products to gain a competitive edge in the market, resulting in the launch of new and innovative products. This has led to high level of functional integration in smart TVs, enabling consumers to perform multiple functions on a single platform.”
According to the report, one major factor driving this market is the increasing adoption of smart TVs worldwide. Rise in standards of living, increasing per capita income and disposable income, increasing interest in technologically advanced consumer electronics, continually declining average selling price of smart TVs, and increasing penetration of high-speed internet are some factors increasing the adoption of smart TVs worldwide.
Further, the report states that the cyclical nature of the semiconductor industry is one major challenge that the market faces. RF device manufacturers depend on OEMs, which in turn depend on end-users for the sale of smart TVs. As a result of seasonal cycles, the market has witnessed fluctuating demand for consumer electronic goods. This often results in a wide demand-supply gap and an inventory stockpile. Any fluctuations in demand from end-users indirectly affect RF devices manufacturers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.