Radio Frequency Generator Market Size

Radio Frequency Generator Market size is predicted to reach USD 5 Billion by the end of 2036, growing at a CAGR of 9% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of radio frequency generators was USD 1 Billion. This growth of the market is poised to be influenced by growing demand for autonomous vehicles. The number of autonomous vehicles sold in the globe in 2022 was close to approximately 16,000 units. By 2030, the sector is expected to have grown to a sale of about 126,000 units. Therefore, the demand for radio frequency generators is growing. This is because, when testing automobile electronics situated in autonomous vehicles such as infotainment systems, radar systems, and vehicle-to-vehicle communication, RF generators are essential.

Additionally, to fulfill the demands of contemporary communication systems, RF generators are integrating sophisticated modulation techniques. To facilitate high-data-rate transmission, better spectrum effectiveness, and increased signal integrity, techniques including frequency hopping, orthogonal frequency-division multiplexing (OFDM), and quadrature amplitude modulation (QAM) are being incorporated into RF generators.