Press release
Telecommunications Sector Propel Growth Of The Surface Acoustic Wave Market: A Significant Driver Propelling The Surface Acoustic Wave Market In 2025
Surface Acoustic Wave Market
What Is the Surface Acoustic Wave Market Size and Projected Growth Rate?
The surface acoustic wave market has grown considerably in recent years. It will increase from $5.4 billion in 2024 to $5.85 billion in 2025 at a CAGR of 8.3%. The market expansion is driven by the rapid growth in mobile communication technology, the expansion of wireless communication standards, increased demand for high-performance surface acoustic wave filters, the growth of the wearable device market, and the development of advanced driver-assistance systems.
The surface acoustic wave market is forecasted to grow steadily, reaching $8 billion by 2029 at a CAGR of 8.1%. Growth will result from demand for 5G filters, telecom upgrades, health wearables, performance-enhancing materials, and improved manufacturing. Major trends include advanced SAW technologies, energy efficiency, compliance, targeted frequency developments, and multifunctional device innovation.
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What Are the Major Segments in the Surface Acoustic Wave Market?
The surface acoustic wave market covered in this report is segmented -
1) By Type: Filters, Oscillators, Resonators, Transducer, Other Types
2) By Application: Telecommunication, Automotive, Consumer Electronics
3) By Sales Channel: Direct, Indirect
Subsegments:
1) By Filters: Bandpass Filters, Low-Pass Filters, High-Pass Filters, Notch Filters
2) By Oscillators: Crystal Oscillators, Surface Acoustic Wave Oscillators (SAW Oscillators)
3) By Resonators: Quartz Resonators, SAW Resonators
4) By Transducers: Transmitting Transducers, Receiving Transducers
5) By Other Types: Delay Lines, Coupling Devices, SAW Sensors
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What Are The Driving Surface Acoustic Wave Market Evolution?
The expanding telecommunications sector is expected to propel the growth of the surface acoustic wave (SAW) market. The telecommunications sector is growing due to increased data consumption, 5G expansion, and digital transformation. Surface acoustic wave technology enhances telecommunications by enabling efficient signal processing in devices like filters and sensors. For instance, global telecommunications service revenue increased by 3.3% in 2023. The growth of the telecommunications sector is driving the SAW market.
Which Firms Dominate The Surface Acoustic Wave Market Segments?
Major companies operating in the surface acoustic wave market are Qualcomm Technologies Inc., Broadcom Inc., Murata Manufacturing Co. Ltd., TDK Corporation, Teledyne Technologies Incorporated, Skyworks Solutions Inc., Qorvo Inc., Vishay Intertechnology Inc., Taiyo Yuden Co. Ltd., Microsemi Corporation, Silicon Laboratories Inc., CTS Corporation, API Technologies Corp, Rakon Limited, Tai-Saw Technology Co. Ltd., Vectron International Inc., Crystek Corporation, KYOCERA AVX Components Corporation, Golledge Electronics Ltd., Toko Inc., Microsaw, TriQuint Semiconductor Inc.
What Are the Latest Developing Trends in the Surface Acoustic Wave Market?
Leading companies in the surface acoustic wave market are focusing on creating innovative, customizable frequency control products to meet diverse industry requirements. For example, in February 2023, Rakon Ltd., a New Zealand-based frequency control products manufacturer, launched RakonXpress, a new range of resonators, oscillators, and filters designed for fast deployment in industries like IoT and automation. This range provides customers with timely access to high-quality frequency control components.
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Which Is The Largest Region In The Surface Acoustic Wave Market?
Asia-Pacific was the largest region in the surface acoustic wave market in 2023. The regions covered in the surface acoustic wave market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Surface Acoustic Wave Market?
2. What is the CAGR expected in the Surface Acoustic Wave Market?
3. What Are the Key Innovations Transforming the Surface Acoustic Wave Industry?
4. Which Region Is Leading the Surface Acoustic Wave Market?
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