RF Filters Market to Thrive With Rising Communication Needs Globally

Pune, India, May 2020, MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global RF Filters Market.

Market Overview

The advancement of the communication sector involves the use of RF filters extensively, thus motivating the RF filter market 2020. The SEM industry reports are produced by Market Research Future, which highlights market options for expansion.  The forecast for the market states that the market will gain incomes worth USD 34.61 billion, with a CAGR of 16.20% by 2030.

The need to ensure seamless connectivity and low interference in communication channels are estimated to bolster the RF filter market extensively. The development of the networks of 3G and 4G/LTE is estimated to create further scope for development in the RF filters market share.

Segmental Analysis

The segmental evaluation of the RF filter market is conducted on the basis of connectivity technology, filter type, functional areas, region, and application. On the basis of filter type, the RF filter market consists of bulk acoustic wave (BAW) and surface acoustic wave (SAW). On the basis of connectivity technology, the RF filter market is segmented into Wi-Fi, Bluetooth, cellular technology, and others. The cellular technology segment is split into 3G, 2G, and 4G. The segmentation based on the functional areas in the global RF filter market comprises of GPS devices, television (TV) broadcast, radio broadcast, cellular devices, and others. Based on the application segment, the RF filter market is segmented into remote control, lighting, home security, small appliances, industrial, and others. Based on the regions, the RF filters consist of Europe, North America, Asia-Pacific, and the rest of the regions.

Regional Analysis 

The regional analysis of the RF filters market encompasses regions such as Europe, North America, Asia-Pacific, and the rest of the regions. The RF filters market in the Asia-Pacific region is likely to be the top rising region in the RF filter market. The APAC market is developing due to the attendance of a significant number of electronic component producers in Japan, China, and South Korea, along with the mounting adoption of LTE and VoLTE networks. The North American regional market is directing the RF filter market. It is expected to have a significant market share owing to rapid progress in the network infrastructure to position 5G network services in the region.

Competitive Analysis

The expansion of the market has currently come close to a standstill with government agencies and trade bodies, introducing a stimulus to pick up the pace of development in the global market. The planning and forecasting for human capital in the market is estimated to be a crucial area for focus in the years ahead. Advances in production style and technologies are estimated to gain precedence in the coming years as areas of innovation. Current disequilibrium in the market forces has led to the market players adopting a more cautious approach to growth and development strategies. The support provided by regulations is estimated to stave off the effects of the downturn considerably in the coming period. The recalibration of the supply chain is estimated to be another area for market expansion in the upcoming period. The currency inflow is estimated to be restricted in the upcoming period, which may create further problems for the overall market growth.

The eminent contenders in the RF filters market are Murata Manufacturing Co. Ltd (Japan), Qorvo (US), Broadcom (US), Crystek Corporation (US), TDK Corporation (Japan), Tai-SAW Technology Co. Ltd (Taiwan), Yageo (Taiwan), Skyworks Solutions Inc (US), RTX Technology (South Korea), Avnet Inc (US), Bird Technologies (US), Abracon (US), and Akoustis Technologies (US).

Industry Updates

Apr 2020 Akoustis Technologies, Inc., an incorporated device manufacturer (IDM) of original bulk acoustic wave (BAW) high-band RF filters for wireless applications and especially that of mobiles, announced recently it has gained a design lock and shipped its C-band filter for the drone market backing unmanned aircraft systems (UAS). The filters will be utilized for control and non-payload communication (CNPC) links.