German RF components market is expected to grow at a CAGR of approximately 12.1% during the forecast period. Germany is the fourth-largest economy around the globe and accounts for more than one-fifth of the EU’s GDP. Germany is the largest European trading partner of the US and the sixth-largest market for the export of goods to the US. The country is estimated to be one of the leading countries in the European RF component market. The dominance of Germany in the market is mainly attributed to the growing penetration towards smart consumer electronics such as smartphones, laptops, and TV. Moreover, the rising healthcare expenditure and growing adoption of R&D outsourcing services will further boost the RF component market in Germany. According to Germany Trade & Invest (GTAI), Germany’s electronics and electrical companies manufacture over 100,000 different electronic products and systems; ranging from automation systems, electronic medical equipment, automotive electronics, and microelectronic components. 

Germany has a huge potential to emerge as significant contributor into the growth of RF component market. The availability of an array of public and private research organizations, including the Max Planck Institutes and the Fraunhofer Gesellschaft backed by the Ministry of Education and Research, further increases the innovation of electronic products. Further, a significant number of mobile-cellular subscriptions in Germany is also driving the growth of RF component market. 

The German economy has a significant market of automotive with approximately 15-20% of the total economy. The consumption of the vehicle is 4% only, however, the country is known for its quality products and brands. The major automotive manufacturer which are headquartered in Germany includes Audi, BMW, MAN, Daimler AG, Opel, Porsche, and Volkswagen. Along with original equipment, the country has a well-renowned supplier base which supplies its products across the globe. Some major auto-ancillary companies having headquarter in Germany includes Bosch, Continental, ZF TRW, Mahle GmbH, Thyssen Krupp and so on. Growing automotive industry is also contributing to the increasing demand for RF component owing to increasing demand for smart cars/ connected cars and ADAS (Advanced Driver-Assistance Systems). 

Research Methodology

The market study of the Germany RF Component market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for medical device manufacturing companies, distributors and suppliers, and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Germany RF Component Market Research and Analysis by Product Type
2. Germany RF Component Market Research and Analysis by End-users

The Report Covers

• Comprehensive research methodology of the Germany RF Component market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Germany RF Component market.
• Insights about market determinants which are stimulating the Germany RF Component market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.