RF Filters Market Analysis
Market
Research Future (MRFR) projects the global RF filter
market to reach
approximately USD 32,385.4 Million at a CAGR of 16.2% from 2021-2027 (forecast
period).
Radio
frequency (RF) filters are essential in the communication industry. While
transmitting and receiving data across a communication channel, RF filters aid
in eliminating interference generated by white noise. RF filters are commonly
employed in functional fields such as radio, television broadcasting, and
wireless communication, where a range of medium to high frequencies is
necessary for proper, error-free, and reliable communication from one end to
the other. Furthermore, RF filters are classified into four types based on
their application areas: low-pass, high-pass, band-pass, and band-reject
filters.
Telecommunications
sectors in both advanced and emerging countries are rapidly developing. In
addition, countries such as India have increased foreign direct investment
(FDI) limitations in the telecom sector in collaboration with private
enterprises in order to expand network infrastructure. This has resulted in the
expansion of 3G and 4G/LTE networks, which has increased network traffic via
mobile devices and increased network interference across communication
channels. As a result of the need to filter data and experience seamless
communication between devices, the demand for RF filters has skyrocketed.
Furthermore, increased Internet of Things (IoT) usage and rapid Internet penetration
across the globe to operate wireless devices are expected to drive the RF
market during the forecast period. The high cost of software to simulate the RF
filter for large-scale mobile applications, on the other hand, is impeding the
growth of the RF filter market throughout the assessment period.
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Summary
The
global RF filter market is set to reach approximately USD 20.5 billion at a
CAGR of 17.8% from 2018-2023 (forecast period). Radio frequency (RF) filters
are extremely important in the communication industry. RF filters aid in the
elimination of interference caused by white noise while transmitting and
receiving data over a communication channel. RF filters are commonly employed
in functional fields such as radio, television broadcast, and wireless
communication, where a range of medium to high frequencies is necessary to
ensure proper, error-free, and reliable communication from one end to the
other. Furthermore, RF filters are classified technically based on their
application areas, such as low-pass, high-pass, band-pass, and band-reject
filters.
Market Segmentation
The global RF filter market has been segmented into filter type, connectivity technology, functional areas, and application.
Based on the filter type, the global RF filter market has been segmented into surface acoustic wave (SAW) and bulk acoustic wave (BAW).
Based on the connectivity technology, the global RF filter market has been classified into cellular technology, Wi-Fi, Bluetooth, and others.
Based on functional type, the global RF filter market has been categorized into cellular devices, GPS devices, radio broadcast, television (TV) broadcast, and others.
Based on application, the global RF filter market has been categorized into lighting, small appliances, home security, remote control, industrial, and others.
Key
Players
Some of the
key players of the global RF filters market include Skyworks Solutions Inc
(US), Murata Manufacturing Co. Ltd (Japan), Qorvo (US), Broadcom (US), TDK
Corporation (Japan), Avnet Inc (US), Tai-SAW Technology Co. Ltd (Taiwan),
Abracon (US), Yageo (Taiwan), RTX Technology (South Korea), Bird Technologies
(US), Crystek Corporation (US), and Akoustis Technologies (US).
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COVID-19
Impact on the Global RF Filter Market
COVID-19
is an incomparable global public health emergency that has impacted almost
every sector, with long-term consequences anticipated to affect industry
development over the forecast period.
Regional Analysis
The
geographical analysis of the global RF filters market is studied for North
America, Europe, Asia Pacific and the rest of the world.
The Asia
Pacific region is predicted to develop at the quickest rate in the RF filter
market. The market is expanding due to the presence of several electronic
component manufacturers in China, Japan, and South Korea, as well as the
increasing adoption of LTE and VoLTE networks. North America dominates the
worldwide RF filter market and is expected to have a considerable market share
due to rapid advancements in network infrastructure in the region for the
deployment of 5G network services.
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