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Global Surface Acoustic Wave (SAW) Filters Market Current and Future Trends, Analysis and Forecast Report 2022 - 2030

03-03-2023 01:43 PM CET | Industry, Real Estate & Construction

Press release from: Absolute Markets Insights

Global Surface Acoustic Wave (SAW) Filters Market Current

The Global Surface Acoustic Wave (SAW) Filters Market is predicted to increase at a CAGR of 9.3%, from US$ 1,490.53 million in 2021 to US$ 2,826.8 million by 2030. The usage of RF filter technology by the aircraft sector, such as Airbus and Boeing, is expected to propel the surface acoustic wave (SAW) filters market ahead. In addition, the U.S. Department of Defense has boosted its usage of RF filters to improve RADAR systems, electronic surveillance, GPS, navigation, ATC (air traffic control), data interchange, and improved discussions between pilots and ground staff, which is projected to drive the SAW filters market. The wireless market has experienced enormous growth and development in recent years due to the introduction of wireless mobile phone systems.

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Due to the continual expansion of the number of subscribers and new application areas of wireless technologies, the surface acoustic wave (SAW) filters market has great growth opportunities. Furthermore, as a result of increased demand for power-efficient and trustworthy semiconductor goods, the adoption of wireless systems has accelerated in recent years, providing new potential prospects for the SAW filters market. Furthermore, since the popularity of mobile phones and wireless connectivity has expanded, semiconductor companies are focusing their efforts on developing low-cost, safe, and high-performance SAW filters. The expanding infrastructure development in the telecommunications industry in both emerging and developed nations has piqued the interest of several semiconductor makers. The introduction of next-generation LTE networks is one of the most recent technological advances in the telecom industry.

South Korea, the United States, Japan, and China are expected to launch 5G networks first. Sources claim that semiconductor companies have begun to adapt their product portfolios for 5G infrastructure. For example, NXP Semiconductors has created RF surface acoustic wave filter modules that spans the frequency range required for the construction of 5G cellular networks. RF surface acoustic wave filters for the frequency range of 5G networks, according to Absolute Markets Insights research report, offer manufacturers tremendous growth potential in the surface acoustic wave (SAW) filters market. As a result, SAW filter producers should invest in the 5G market and expand their product offerings.

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Manufacturing operations in Asian and European countries that have been placed under lockdown have been halted, resulting in major commercial and financial losses. The advent of the COVID-19 disease has impeded the growth of the surface acoustic wave (SAW) filters market. In addition, the COVID-19 outbreak has had an impact on the electronics industry, as production facilities have remained stagnant, resulting in increased demand for electronics and semiconductor products. The expansion of the surface acoustic wave (SAW) filters market may be stymied by large-scale industrial interruptions across Europe, as well as disruptions in Chinese parts shipments. 

The outbreak has disrupted economies and companies in a number of countries due to lockdowns, travel restrictions, and business closures. The electronics and semiconductor sectors are experiencing substantial disruptions due to supply chain failures and the closure of manufacturing facilities. The shutdown of various manufacturing plants and factories in North America, Europe, Asia Pacific, South America, the Middle East, and Africa has hampered the global supply chain and production processes, as well as delivery schedules and product sales. Furthermore, travel limitations imposed by European, Asian, and North American countries are limiting opportunities for commercial collaboration and involvement. Furthermore, a production shortage and a lack of transportation infrastructure are causing problems in the electronics and semiconductors industry.

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Key Players Influencing the Surface Acoustic Wave (SAW) Filters Market: 
Abracon
API Technologies Corp
Kyocera Corporation (AVX Corporation)
Microchip Technologies (Vectron International)
Murata Manufacturing Co., Ltd
Qorvo, Inc.
Qualcomm Technologies, Inc.
Skyworks Solutions, Inc.
Tai-Saw Technology Co., Ltd.
TDK Corporation.
Other Market Participants

Major Highlights of the Report:
All-inclusive evaluation of the parent market.
Evolution of significant market aspects.
Industry-wide investigation of market segments.
Assessment of market value and volume in past, present, and forecast years.
Evaluation of market share.
Tactical approaches of market leaders.
Lucrative strategies to help companies strengthen their position in the market.

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Surface Acoustic Wave (SAW) Filters Market Segmentation:

By Type
RF SAW
IF SAW

By Frequency Range
Less than 100 MHz
101-500 MHz
501-1000 MHz
1001-2000 MHz
More than 2000 MHz

By Application
Consumer Electronics
Telecommunications
Automotive
Aerospace & Defense
Healthcare
Others

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We appreciate your reading the article in its entirety. If you would like to know more about the Surface Acoustic Wave (SAW) Filters market, looking for customization, contact us. To achieve a full market reach of Surface Acoustic Wave (SAW) Filters, or explore more about opportunities reach our research analyst. Our team is available 24/7 to assist and support our customers through reliable research.

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Contact Us:
Contact Name: Shreyas Tanna
Company: Absolute Markets Insights
Email Id: sales@absolutemarketsinsights.com
Phone: IN +91-7400-24-24-24, US +1-510-420-1213
Website: www.absolutemarketsinsights.com

About Us:
Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

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