Business news

Analysis of the Acoustic Wave Filters Market by Recent Trends, Regional Data Consumption, Development, Research, and Growth Forecast to 2031

Long-term demand is anticipated to be driven by an increase in the use of acoustic wave filters in smartphones for antenna routing and tuning for 5G applications. The demand for SAW filters is expected to be the main driver of the acoustic wave filters market during the forecast period of 2021–2031, according to a recent study by Future Market Insights. By 2021, the market will be worth US$ 4.5 billion.

The development of the acoustic wave filter market is anticipated to be aided by a considerable rise in the number of mobile devices across numerous nations in the world. It will be advantageous for manufacturers of radio frequency (RF) filters used to shield sensitive receiver paths from interference caused by signals and noise transmitted from diverse RF sources.

Smartphones employ bulk acoustic wave (BAW) filters to support Bluetooth, Wi-Fi, and other wireless communications while transmitting, filtering, and receiving pathways for 3G, 4G, and 2G up to 15 bands.

Globally, the use of 5G is expanding, and it powers wireless technology in mobile devices. The adoption of new, higher frequency bands like E-UTRA and New Radio Dual Connectivity is expanding to enhance bandwidth.

To lessen the impact of modern RF filters, this band increases the likelihood of interference in mobile devices. To overcome these difficulties in handling higher frequencies, BAW filters with antenna tuning and routing techniques are used.
BAW filters reduce the size of filters for simpler RFFE module integration, saving board space and supporting 5G needs. Due to the rising need for telecommunications applications around the world, the acoustic wave filters market is anticipated to reach a worth of US$ 24,510.6 Mn by 2031.

Key Takeaways: Acoustic Wave Filter Market

  • Surface acoustic wave (SAW) filters are dominating the global acoustic wave filters market and are estimated to register a market share of 50.5% by the end of 2021.
  • Lithium tantalate filters are estimated to grow at the fastest CAGR of 13.4% during the forecast period owing to a rise in the adoption of BAW filters for wireless systems.
  • China is the largest and fastest growing market, accounting for more than 54% of the East Asia value share, owing to high investments by governments in the expansion of various sectors.
  • The U.S. will hold 86% of the North American market, driven by faster access to tech advancements in the country, and the presence of key players.
  • Indonesia and India are emerging as lucrative markets owing to investments in the development of public transport infrastructure.

COVID-19 Impact Analysis on Acoustic Wave Filter Market   

The market has been significantly impacted by the COVID-19 pandemic. Short-term prospects have been impacted by limited interchange and movement of necessary products and services, disruption in supply chains, and restricted connectivity during the lockdown.

Sales of semiconductors have been impacted by the COVID-19 outbreak. Companies have taken decisive action to safeguard personnel and supply lines. Estimates indicate that worldwide semiconductor sales decreased by over 80% in Q1–Q2 2020.

Due to supply chain disruptions that have been publicly revealed, many companies are at risk of seeing 10% to 25% drops in revenues and share values.

Because of the pandemic’s effects, SAW/BAW filter manufacturing has been halted in industrialized Asian nations. Wherever possible, businesses search for alternative logistical options. Acoustic wave filter sales are expected to have decreased 10% to 15% between Q1 and Q2 2020 due to the pandemic.

More Valuable Insights on Acoustic Wave Filter Market   

FMI’s report on the acoustic wave filter market is segmented into four major sections such as acoustic wave filter by type (SAW filter (RF SAW filters and IF SAW filters) and BAW filter (solidly mounted resonator BAW filters and film bulk acoustic resonators)), material (quartz, lithium niobate, lithium tantalate, langasite, and others), application (consumer electronics, telecommunications, automotive, aerospace & defense, healthcare, industrial and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa) to help readers understand and lucrative evaluate opportunities in the acoustic wave filters Market.

Request Sample Copy

To Top

Pin It on Pinterest

Share This