Surface Acoustic Wave Filter Market worth US$ 2,826.81 Million by 2028 – Exclusive Research by The Insight Partners

November 25 01:25 2021
Surface Acoustic Wave Filter Market worth US$ 2,826.81 Million by 2028 - Exclusive Research by The Insight Partners
The Insight Partners
Increase in Demand for SAW Filters for Mobile Device and Telecommunications Escalates Growth of SAW Filters Market

According to our latest market study on “Surface Acoustic Wave (SAW) Filter Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Frequency Range, and Application,” the market was valued at US$ 1,490.53 million in 2020 and is projected to reach US$ 2,826.8 million by 2028; it is expected to grow at a CAGR of 8.3% from 2021 to 2028. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

Strategic Insights 

Report Coverage

Details

Market Size Value in

 US$ 1,717.68 Million in 2021

Market Size Value by

 US$ 2,826.81 Million by 2028

Growth rate

 CAGR of 8.3% from 2021-2028

Forecast Period

 2021-2028

Base Year

 2021

No. of Pages

 170

No. Tables

 83

No. of Charts & Figures

 81

Historical data available

 Yes

Segments covered

 Component and Industry

Regional scope

 Type, Frequency Range, and Application

Country scope

 US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina

Report coverage

 Revenue forecast, company ranking, competitive landscape, growth factors, and trends

 

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Surface acoustic waves travel along the surface of elastic materials, with amplitude that decays exponentially with the depth of material. SAW filter is an electronic device that converts the electrical energy into mechanical or acoustic energy with the use of a piezoelectric material. The process of converting the energy requires two inter digital transducers, namely, input and output transducers. The input transducers generally transmit the incoming electrical signal into acoustic waves whereas the output transducers receive the acoustic waves and convert them back to electrical energy.

SAW filters are mainly used in medical, radar, military, and aerospace industries. They are used as a sensor in the medical field. The SAW delay line is used as a sensor element for in situ detection of a wide array of stimuli. These filters act as band pass filters to transmit and receive the section of wireless communication. In the radar industry, mostly, SAW filters having a linear delay change over a set pass bandwidth, also known as time bandwidth (TB), are used. Larger the time bandwidth, more efficient the system would be in tracking and locating targets. Active electronically scanned array (AESA) radar is the newest radar in the market and serves as a great application area for SAW filters.

Impact of COVID-19 Pandemic on SAW Filter Market

As of May 2021, India, Brazil, Russia, the US, the UK, France, Spain, Italy, Turkey, Germany, Colombia, and Argentina are among the worst-affected countries in terms of COVID-19 cases and deaths. The pandemic has affected economies and industries in various countries due to lockdowns, travel restrictions, and business shutdowns. The electronics & semiconductor sector is experiencing serious disruptions in the form of breaks in supply chains and shutdown of production plants. The shutdown of various manufacturing plants and factories in North America, Europe, Asia Pacific, South America, and the Middle East and Africa has hampered the global supply chain and manufacturing processes, delivery schedules, and product sales. In addition, travel restrictions imposed by countries in Europe, Asia, and North America are affecting business collaboration and partnership opportunities. 

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Surface Acoustic Wave (SAW) Filter Market: Product Type

Based on type, the SAW filter market is segmented into IF SAW filters and RF SAW filters. In 2020, the RF SAW filter segment dominated the SAW filter market. Radio frequency (RF) refers to the utilization of electromagnetic radiation to transfer the information between two circuits that have no electrical connection. RF SAW filters are used along with the radio receivers to entertain the right kind of frequency along with filtering out the other unwanted bands of frequencies. The RF filters are designed in such a way so that it can operate on frequency that ranges from medium to higher frequencies which is basically megahertz and gigahertz. Due to the RF filter’s operating characteristic it is mostly used in equipment’s like wireless communications, television, and broadcast radio. Most of the RF filters are made from coupled resonator, and quality can determine the level of filtering by these filters. There are four basic type of RF filters—low pass filter, high pass filter, band reject, and band pass filter—based filter topology. The RF filters can filter the noise or reduce the interference of external signals that affect the performance of any wireless communication system.

Surface Acoustic Wave (SAW) Filter Market: Competitive Landscape and Key Developments

Murata Manufacturing Co., Ltd.; API Technologies (UK) Ltd.; Abracon; Qualcomm Technologies, Inc.; Qorvo, Inc.; Skywork Solutions, Inc.; TAIYO YUDEN CO., LTD; Microchip Technologies, Inc.; Kyocera Corporation; and TAI-SAW TECHNOLOGY CO., LTD are among the key players in the global Surface Acoustic Wave (SAW) Filter market. The leading companies focus on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.

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