The Surface Acoustic Wave Filters Market Study was developed as a result of extensive primary and secondary research, qualitative analysis, and quantitative analysis of significant market segments. Business experts have also acknowledged and verified the clever information. The report’s objective is to provide more details on the general market environment for Surface Acoustic Wave Filters.
The global Surface Acoustic Wave (SAW) Filters market size was USD 1.16 Billion in 2022 and is expected to register a steady revenue CAGR of 8.6% during the forecast period, according to the latest analysis by Emergen Research. Rapid procurement of SAW filters for providing 5G Long-Term Evolution (LTE) cellular technology is one of the key factors driving market revenue growth. According to the GSM Association, the number of 5G connections is projected to exceed 2 billion by 2025. Industry 4.0 has further accelerated the penetration of 5G LTE deployment in various industrial applications, including automation, the Internet of Things (IoT), smart factories, robotics, supply chain management, and others. SAW filters ensure uninterrupted wireless connectivity and enhance operational processes, cost-effectiveness, quality improvements, and stable and efficient signal transmission modules. In addition, significant requirements from the aerospace industry are another factor driving revenue growth in the market.
SAW filters are rapidly deployed in aerospace satellite communication (SATCOM) systems to provide distortion- and latency-free seamless connectivity. Major aircraft Original Equipment Manufacturer (OEM) companies are manufacturing new aircraft to replace fuel-inefficient aircraft and accelerate developments in decarbonization in the aviation industry. Major aircraft OEM Airbus SE is progressing towards achieving a monthly production rate of 65 aircraft by the end of 2024 and 75 by 2026.
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The latest study provides an insightful analysis of the broad competitive landscape of the global Surface Acoustic Wave Filters market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Surface Acoustic Wave Filters market and pinpoint the fundamental growth trends.
The leading market contenders listed in the report are:
KYOCERA AVX Components Corporation, SAWTRON Inc., Golledge Electronics Ltd., NXP Semiconductors N.V., Avnet, Inc., Microchip Technologies Inc, Abracon LLC., Murata Manufacturing Co., Ltd., Tai-Saw Technology Co., Ltd., Skyworks Solutions, Inc., and TDK Electronics AG
Global Surface Acoustic Wave Filters Market Highlights:
Regional demand estimation and forecast
Product Mix Matrix
Pre-commodity pricing volatility
Supply chain optimization analysis
Technological updates analysis
Raw Material Sourcing Strategy
Mergers & Acquisitions
Location Quotients Analysis
Carbon Footprint Analysis
Key Parameters Analyzed in This Section:
Product sales trends
Sales & distribution channels
Middle East & Africa
Key Points Covered in This Section:
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate
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Some Key Highlights From the Report
The Radiofrequency (RF) SAW filters segment is expected to account for largest revenue share in the global SAW filters market over the forecast period. This is due to extensive adoption from industries such as telecommunications, defense, aerospace, and automotive industries. Radio Frequency (RF) SAW is a significant category of RF filters that assist in delivering uninterrupted and delay-free signals for diverse Satellite Communication (SATCOM) devices. In addition, introduction of cost-effective and energy-efficient RF acoustic wave filters, utilizing piezoelectric materials, is creating new revenue prospects for a wide range of electronic and SATCOM applications.
The telecommunications segment is expected to register steadily fast revenue growth rate in the global SAW filters market during the forecast period. This is because SAW filters are highly adopted in the telecommunication industry owing to their efficient signal division and transmission capabilities across various communication devices, antennas, and systems. These filters enable seamless transmission of a wide range of signals, including RF, microwave, and optical signals, to multiple antennas and communication systems.
The North America market accounted for largest revenue share in the global SAW filters market in 2022. This is due to increasing use of SAW filters in the aerospace and defense sector, specifically for the purpose of signal filtering, amplification, and processing in jamming systems and signal intelligence receivers. Government entities, defense organizations, and aerospace industries in North America are swiftly integrating signal jamming components into military, navy, and air force communication devices to enhance security parameters.
On 6 October 2021, Resonant Inc., a global RF filter solutions development company based in the U.S. partnered with Murata Manufacturing Co., Ltd. Through this partnership, the company will fulfill the rigorous requirements of high-frequency RF market and precise needs of wide bandwidth for upcoming wireless networks. The extended agreement focuses on the utilization of Resonates exclusive XBAR technology in design of RF filters across additional frequency bands.
The report bifurcates the Surface Acoustic Wave Filters market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019-2032)
Radiofrequency (RF) SAW Filters
Intermediate Frequency (IF) SAW Filters
Frequency Range Outlook (Revenue, USD Billion; 2019-2032)
Less than 100 MHz
More than 2,000 MHz
Industry Vertical Outlook (Revenue, USD Billion; 2019-2032)
Aerospace & Defense
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Key reasons to buy the Global Surface Acoustic Wave Filters Market report:
The latest report comprehensively studies the global Surface Acoustic Wave Filters market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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