Tunable filters market is projected to grow at a CAGR of 8.89% during the forecast period of 2019 to 2025- A report by top competitors like EXFO, Brimrose Corporation, Santec, Gooch & Housego, Dicon Fiberoptics, Smiths Interconnect and more

Tunable filters are such electric filters through which both passband or the rejection band’s frequency can be varied by doing component adjustment. It helps in fulfilling the wide range of filtering applications such as in military and commercial.

Market Analysis:-
The Global Tunable Filter Market accounted for USD 125.0 million in 2017 and is projected to grow at a CAGR of 8.89% during the forecast period of 2019 to 2025. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Major Market Competitors:
• EXFO
• Brimrose Corporation of America
• Santec Corporation
• Gooch & Housego
• Dicon Fiberoptics
• Smiths Interconnect
• Semrock, Dover Corporation
• Micron Optics
• Coleman Microwave
• Netcom, Inc.
• Agiltron, Inc.
• Delta Optical Thin Film A/S
• Thorlabs
• Kent Optronics
• Photon Etc
• AA Opto Electronic
• Precisive
• Api Technologies Corp. among others

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Major Market Drivers & Restraint:
• Growing application of liquid crystal tunable filters due to increase in demand
• Rising implementation of acousto-optic tunable Filters (AOTFS)
• Usage of fluorescence imaging and spectroscopy
• Increase in research and development expenditure.
• Reduced spectral performance of tunable filters

Market Segmentation:

On the basis of type, the tunable filter market is sub segmented into
•liquid crystal tunable filter (LCTF)
•linear-variable tunable filter (LVTF)
•acousto-optic tunable filter (AOTF)

On the basis of application, the tunable filter market is sub segmented into
•military
•commercial

Military is sub segmented into
•satellite communications
•missile tracking
•optical channel performance monitoring
•optical signal noise suppression

Commercial is sub segmented into
• hyperspectral imaging
• wavelength switching
• light detection
• ranging
• signal equalization

On the basis of geography, the global tunable filter market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Competitive Landscape:
The global tunable filter market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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