UK RF components market is expected to grow at a CAGR of approximately 11.9% during the forecast period. UK is the third-largest economy in Europe after Germany and France, majorly owing to its trading power and financial businesses. The manufacturing industry of UK has seen a decline in recent years, accounting for around 10% of the decline in economic output due to the rise in service-based industries in the country. The country has an extensive trade relationship with other European members, owing to its single market membership. The country has well-developed ICT (Information and Communication Technology) infrastructure, with continuous development in the electronics industry. 

UK is considered as one of the major contributors in the European RF component market owing to the significant potential of the automotive industry. Other than the automotive industry, consumer goods, and military and defense industry, also have substantial opportunities in the RF component market. A significant number of mobile-cellular subscriptions in UK has fueled the growth of RF component market. In 2014, the total mobile-cellular subscriptions in the UK was 78.5 million which reached to 78.9 million in 2018. Additionally, the increasing demand for smartphones creates demand for RF component as these components are basic components which include power amplifiers (PAs), low noise amplifiers (LNAs), switches, duplexers, filters, and other passive devices.

Moreover, UK automobile industry is more than $110 billion and providing employment to more than 170,000 people in the nation directly in manufacturing. The automotive sector accounts for about 12% of the country’s total export. There are more than 30 OEMs (original equipment manufacturers) in the region backed by more than 2,500 component providers. Some major car manufacturers of UK include Aston Martin, Bentley, Caterham Cars, Jaguar, Land Rover, McLaren, Mini, and Rolls-Royce. A downfall in the sales of vehicles in 2017 has been registered compared to 2016. In 2017, the UK has registered 2.54 million new passenger cars as compared to 2.7 million in 2016. Similarly, it has registered only 415,000 commercial vehicles in 2017 as compared to 430,000 in 2016. Significant sales and production of vehicles have significantly contributed to the growth of the market. 

Research Methodology

The market study of the UK 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. UK RF Component Market Research and Analysis by Product Type
2. UK RF Component Market Research and Analysis by End-users

The Report Covers

• Comprehensive research methodology of the UK 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 UK RF Component market.
• Insights about market determinants which are stimulating the UK RF Component market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.