Thriving RF & Interconnect Market Growth

The RF components market is booming, driven by 5G, IoT, and aerospace demands amid consolidation.

RF & Interconnect Components and Systems

Market Analysis

The RF Interconnect market exhibits robust growth, with the global market projected to increase from $29-34 billion in 2024 to $51-70 billion by 2030-2034. The US segment is particularly dynamic, forecasted to grow from $15 billion in 2024 to $29 billion by 2030, reflecting a strong 12% CAGR. Key growth drivers include expanding 5G infrastructure, the proliferation of IoT devices, and demand from aerospace and defense sectors. However, challenges such as economic fluctuations, supply chain disruptions, and technological obsolescence may temper growth, necessitating strategic innovation and resilience from industry participants.
~
$
15
B

Market Value 2024 (U.S)

~
$
29
B

Market Value 2030 (U.S)

12
%

CAGR (U.S)

Key Market Drivers

5G and Wireless Communication Infrastructure

IoT and Connected Devices

Aerospace and Defense

Market Inhibitors

Economic Slowdowns

Supply Chain Disruptions

Technological Obsolescence

Our Insights

The RF & Interconnect market’s strong growth, driven by 5G, IoT, and defense demand, signals opportunity but also intensifies competition and regulatory scrutiny. Strategic M&A indicates a race for technological differentiation and market access, while regulatory compliance and supply chain resilience are non-negotiable. Companies should prioritize advanced, customizable solutions for high-demand sectors and invest in emerging technologies and materials. Agile responses to evolving standards and customer requirements, coupled with a proactive stance toward sustainability and harsh-environment applications, will be decisive. Success will favor those who balance innovation, operational excellence, and strategic partnerships to outpace disruption and capture sectoral value.

Key Players in The Industry

Amphenol

Serves a wide range of industries including aerospace, military, telecommunications, and automotive, offering a broad portfolio of connectors, sensors, and interconnect systems.

Samtec

Not explicitly mentioned in the provided text.

Quantic Electronics

Not fully detailed in the provided text.

Recent
M&A Activity

Significant growth expected in the RF interconnect market due to demand for 5G, IoT, and advanced radar systems. Electronic component manufacturers pursuing acquisitions to expand into new verticals and strengthen capabilities.
Acquisition
January 2025
CML Micro Acquires PRFI
Tech acquisition
Acquisition
2024
Keysight Acquires Spirent Communications
Portfolio enhancement
Acquisition
November 2024
Anritsu Acquires 32% of SmartViser
Capability enhancement

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