The global RF attenuator market was valued at US$ 340.0 Mn in 2018 and is expected to reach US$ 582.6 Mn by 2026, growing at a CAGR of 9.4 % during the forecast period.
RF attenuator are electrical components designed to reduce the amplitude of a signal passing through the component, without significantly degrading the integrity of that signal. They are used in various applications includes communication, aviation, defense, consumer electronics, instrumentation, and others. Growing demand for efficient communication networks in emerging economies and the development of multiple smart city projects have increased the deployment of 4G networks. Airtel currently offers 4G for mobile on 2300 MHz LTE and it plans to roll out high-speed 4G networks in various circles using FD-LTE (frequency division LTE) technology in the 1,800 MHz band, along with its existing TD-LTE (time division LTE) rollout in the 2,300 MHz band, giving it a pan-India 4G footprint.
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Apart from these, the demand RF attenuator is also increasing owing to increased data consumption and mobile device connectivity demands. A base station is a fixed-location wireless communication station with one or more antennas that primarily receive and transmit signals in a cellular network to phones and other devices. The combination of an increasing global subscriber base, development of advanced wireless networks, and the proliferation of powerful devices offering high-speed wireless Internet access, has dramatically increased mobile data traffic. The rise in data traffic is damaging the existing wireless network infrastructure. Due to this, operators are expanding their network capacity by acquiring additional wireless.
Additionally, companies are also focusing on developing innovative products and are undertaking key collaborations to enhance their product portfolio. For instance, in October 2019, In November 2018, L-com, an Infinite Electronics brand and a preferred manufacturer of wired and wireless connectivity products, has launched a new series of fixed RF attenuator for numerous applications that involve both civilian and military RF communications systems.