Varactor Diode Market is likely to cross US$ 800 million by the end of 2027
Global Varactor Diode Market: Overview According to a new research report pertaining to the varactor diode market published by Transparency Market Research , the global varactor diode market is expected to cross a value of US$ 800 Mn by 2027, expanding at a CAGR of more than 6.5% from 2019 to 2027. According to the report, the global varactor diode market would continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period. Increasing Use of Mobile Phones and TV Sets Driving the Global Varactor Diode Market Mobile phones and TV sets use frequency-tuning circuits to get tuned to the desired frequency. In these frequency-tuning circuits, varactor diodes are used. Varactor diodes offer capacitance, which can be altered by changing the voltage in these circuits. With the increasing use of mobile phones for various applications such as Internet browsing, access to social media platforms, and other e-Commerce applications, the...