5G Radio Unit Market: Introduction
- 5G radio units are networks that are designed to deliver a greater number of connections, as well as higher bandwidth per connection. O-RAN (an ASIC-based radio platform) is reducing barriers to entry and offering new opportunities for current and emerging wireless suppliers.
- Rise in number of 5G connections leads to denser network deployments, making it a challenge to reduce power consumption and improve system performance. There is possibility that rising temperatures in a dense network may affect the performance of the antennas, thereby impacting overall system performance.
- Several developments for 5G radio units are being witnessed in the market through collaboration and product development. These are the instances:
- In February 2022, STL and Analog Devices collaborated to build Open RAN 5G radio units. Together, the two companies are trying to build 5G-ready solutions to expand the diversity of commercially available O-RUs and facilitate the growth of Open RAN networks
- In June 2021, NEC Corporation announced the launch of new radio units (RU) for 5G base stations that are geared for global markets and are scheduled to be available in 2022.
Rise in Adoption from Autonomous Car Applications
- Based on application, the global 5G radio unit market can be segmented AR/VR, autonomous driving, cloud gaming and IoT. The autonomous driving segment is expected to grow at a rapid pace during the forecast period due to an increase in use of 5G radio unit in connected cars with their respective brands such Mercedes, Skoda, and several EV vehicles.
- 5G radio unit is advanced radio platform designed to enable significant performance and form factor improvements to address critical power consumption and cost challenges of next-generation networks while reducing design cycles for customers.
- Rising adoption of 5G radio unit in aerospace & defense, energy, healthcare and industrial automation industry is further propelling the market
North America to Lead the 5G Radio Unit Market
- In terms of region, the global 5G radio unit market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- North America is expected to hold the largest share of the 5G radio unit market during the forecast period due to increasing demand from automotive, and IT and telecommunication industries.
- 5G radio units are widely utilized in wireless infrastructure in mobile traffic. Furthermore, rising digitalization, the proliferation of the internet of things (IoT), running investment in 5G networks, innovations in communication technologies and telecomm infrastructure are other factors propelling the 5G radio units market in North America.
- The 5G radio unit market in Asia Pacific and Europe is expected to expand at a considerable pace during the forecast period due to a rise in the demand for 5G radio unit from diverse industries such as automotive, consumer electronics, semiconductor, and IT and telecommunication. Moreover, the growth is anticipated to be driven by leading countries such as India, China, Japan, Germany, France, and South Korea. The 5G radio unit market in Middle East & Africa and South America is anticipated to grow at a steady pace during the forecast period.
Key Players Operating in the Global 5G Radio Unit Market
Prominent players operating in the global 5G radio unit market are engaged in developing technologically advanced products to cater to the rising demand for 5G radio units. Furthermore, several manufacturers are focusing on strategic mergers and acquisition of local manufacturers and system designers to strengthen their product offerings and expand their geographic reach.
Leading players operating in the global 5G radio unit market include:
- Semiconductor Components Industries, LLC (ON Semiconductor)
- NEC Corporation
- Telefonaktiebolaget LM Ericsson
- Analog Devices, Inc.
- Keysight Technologies
- Qualcomm Technologies, Inc.
- Radisys Corporation
Global 5G Radio Unit Market: Research Scope
Global 5G Radio Unit Market, by End-user
Global 5G Radio Unit Market, by Application
- AR/VR
- Autonomous Driving
- Cloud Gaming
- IoT Applications
Global 5G Radio Unit Market, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- ASEAN
- Rest of Asia Pacific
- South America
- Brazil
- Mexico
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
