by For shielding transmitters and receivers from environmental factors like moisture, dust, corrosion and other external interferences, radio frequency transmitter encapsulants are widely used. With superior properties such as excellent electrical insulation, chemical resistance and flame retardancy, encapsulants efficiently protect electronic components in automotive, telecommunication, space & defense applications. 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:
The growth of the radio frequency transmitter encapsulant market is fueled by proliferation of telecommunication infrastructure including 5G networks worldwide. To withstand extreme weather conditions and provide assurance of connectivity, radio frequency transmitter encapsulants are indispensable in network components mounted in outdoor environments like cell towers. Their protective barrier against moisture ingress, ultraviolet radiation and thermal shocks effectively increase equipment lifespan, ensuring uninterrupted telecom services. With swift deployment of advanced connectivity worldwide, demand for reliable encapsulants is anticipated to rise briskly over the coming years.
SWOT Analysis
Strength: Radio frequency transmitter encapsulant has excellent properties like water resistance, thermal conductivity and flame retardancy which makes it suitable for various applications.
Weakness: Developing new environment-friendly and non-toxic encapsulant materials requires huge investments in R&D.
Opportunity: Growing adoption of 5G technology and increasing demand for IoT/electronic devices offer lucrative growth opportunities.
Threats: Stringent regulations regarding usage of hazardous materials and availability of substitute products pose major threats.
Key Takeaways
The Global Radio Frequency Transmitter Encapsulant Market is expected to witness high growth over the forecast period.
Regional analysis: The Asia Pacific region currently dominates the market and is expected to maintain its leading position over the next few years. This can be attributed to rapid industrialization and growth in electronics sector across China, India, South Korea and other countries.
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, BrainCo, BrainHQ, Neuroscape, Neuroplast BV, Reha Technology AG, Virtualware Group, Nexeon Medsystems Inc.
Note:
Source: Coherent Market Insights, Public sources, Desk research
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