Press release
The Global Filters and Components market, valued at USD 14.3 Bn in 2022, is projected to grow at a CAGR of 17 percent and reach USD 42.92 Bn by 2029, according to a new report.
Filters and Components Market
The research methodology utilized a combination of primary and secondary data sources to thoroughly examine and validate all factors impacting the market. The report provides a detailed analysis of market dynamics, including drivers, restraints, and trends, and covers market segmentation by product type, application, end-use industry, sales channel, material, filtration technology, efficiency level, region, frequency, and connectivity technology.
Leading players in the market include Murata Manufacturing Co. Ltd., TDK Corporation, Taiyo Yuden Co. Ltd., AVX Corporation, Samsung Electro-Mechanics, and KEMET Corporation, among others. These companies invest in research and development, partnerships, and mergers and acquisitions to maintain market share and develop cutting-edge products.
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Filters and Components Market Dynamics:
Filters and components play a crucial role in various industrial systems and equipment, ensuring efficient and reliable operations across industries. The increasing demand for filtration and separation products in automotive, aerospace, food and beverage, pharmaceuticals, and water treatment industries is driving the market growth. The report analyzes the market drivers and restraints, offering a 360-degree perspective on the filters and components industry.
The automotive industry leads the end-use segment, accounting for over 30 percent of the total market revenue. Factors such as the rise in electric vehicles, stringent emission regulations, and increased vehicle production drive the growth of this segment. Additionally, the ongoing COVID-19 pandemic has increased the demand for filters and components in the healthcare sector, as reliable and efficient medical equipment is in high demand.
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Filters and Components Market Regional Insights:
Asia Pacific dominates the Filters and Components market, driven by high demand from the electronics industry and rapid industrialization in the region. North America and Europe are mature markets with significant demand from telecommunications and automotive industries. The Middle East and Africa and Latin America are emerging markets witnessing increased demand from automotive and consumer electronics sectors.
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Filters and Components Market Segmentation:
By Product Type:
Air Filters
Water Filters
Oil Filters
Surface Acoustic Wave Filters
RF Bulk Acoustic Wave Filters
Ceramic Filters
Others
By Application:
Residential
Commercial
Industrial
By End-Use Industry:
Automotive
Healthcare
Aerospace and Defence
Energy and Utilities
Others
By Sales Channel:
OEM
Aftermarket
By Material:
Synthetic
Natural
Metal materials
By Filtration Technology:
Mechanical
Electrostatic
Others
By Efficiency Level:
Low
Medium
High
By Frequency:
Low
Medium
High
By Connectivity Technology:
Cellular technology
ISM
Wi-Fi
GNSS
Bluetooth
Others
By End Use:
Mobile communications
Wireless connectivity
Satellite navigation and communications
Broadcasting
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Filters and Components Market Key Competitors include:
1. Murata Manufacturing Co., Ltd. (Japan)a
2. TDK Corporation (Japan)
3. Taiyo Yuden Co., Ltd. (Japan)
4. AVX Corporation (USA)
5. Samsung Electro-Mechanics (South Korea)
6. KEMET Corporation (USA)
7. Nippon Chemi-Con Corporation (Japan)
8. Nichicon Corporation (Japan)
9. Walsin Technology Corporation (Taiwan)
10.Yageo Corporation (Taiwan)
11.Vishay Intertechnology, Inc. (USA)
12.Panasonic Corporation (Japan)
13.KOA Corporation (Japan)
14.Towa Corporation (Japan)
15.EPCOS AG (Germany)
16.Bourns, Inc. (USA)
17.API Technologies Corp. (USA)
18.Knowles Corporation (USA)
19.Murata Electronics North America, Inc. (USA)
20.TE Connectivity Ltd. (Switzerland)
21.Eaton Corporation plc (Ireland)
22.STMicroelectronics N.V. (Switzerland)
23.CTS Corporation (USA)
24.Infineon Technologies AG (Germany)
25.ROHM Co., Ltd. (Japan)
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Table of Content for Filters and Components Market
1. Global Filters and Components Market: Research Methodology
2. Global Filters and Components Market: Executive Summary
• Market Overview and Definitions
• Introduction to Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Filters and Components Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Filters and Components Market Segmentation
• Global Market, by Product Type (2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by End-Use Industry (2021-2029)
• Global Market, by Sales Channel (2021-2029)
• Global Market, by Material (2021-2029)
• Global Market, by Filtration Technology (2021-2029)
• Global Market, by Efficiency Level (2021-2029)
• Global Market, by Frequency (2021-2029)
• Global Market, by Connectivity Technology (2021-2029)
• Global Market, by End Use (2021-2029)
5. Regional Filters and Components Market (2021-2029)
• Regional Market, by Product Type (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by End-Use Industry (2021-2029)
• Regional Market, by Sales Channel (2021-2029)
• Regional Market, by Material (2021-2029)
• Regional Market, by Filtration Technology (2021-2029)
• Regional Market, by Efficiency Level (2021-2029)
• Regional Market, by Frequency (2021-2029)
• Regional Market, by Connectivity Technology (2021-2029)
• Regional Market, by End Use (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product Type, Application, End-Use Industry, Sales Channel, Material, Filtration Technology, Efficiency Level, Frequency Connectivity Technology and End Use
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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