In 2021, the TC-SAW filter market was estimated to be worth US$ 2.8 billion, with a CAGR of more than 9.4%.
TC-SAW filters are a type of SAW filter that has improved thermal performance. TC-SAW filters operate better in crowded RF spectrums by limiting fluctuations in the filter’s the center frequency over temperature. A thin film of SiO2 (Silicon Dioxide) is employed on TC-SAW filters to improve Temperature Coefficient Frequency (TCF).
According to Future Market Insights’ newest research, the TC-SAW filter market is expected to grow at a faster rate between 2021 and 2031. The market is expected to increase significantly in the next years as TC-SAW filters become more widely used in industries such as automotive, communications, aerospace & military, and healthcare.
Demand Forecast for TC-SAW Filters in APAC
Because of the accelerating growth of digital transformation and rapidly increasing connectivity owing to digital transformation and growing demand for wireless systems in developing economies in the APAC region such as Indonesia and India, as well as developed economies such as Japan, APAC is expected to grow at the fastest CAGR.
The increasing popularity of smartphones in India is a major element contributing to the greater growth rate of the TC-SAW filter. The country boasts a big number of well-established SMEs that are rapidly expanding to meet the demands of their large consumer base. The demand for TC-SAW filters has risen in recent years in applications such as electronic surveillance, cellphones in public transportation, GPS, navigation, and receive routes for 3G and 4G technologies.
Who are the key players in the TC-SAW Filter market?
Some of the most well-known TC-SAW filter manufacturers and distributors include:
- Microchip Technologies, Inc.
- Skywrork Solutions, Inc.
- Qorvo, Inc.
- Qualcomm Technologies, Inc.
- TAIYO YUDEN CO., LTD
- Kyocera Corporation