Surface Acoustic Wave (SAW) Filters Market Research, 2030
The global surface acoustic wave (SAW) filters market size was valued at $4.56 billion in 2020, and is projected to reach $9.94 billion by 2030, registering a CAGR of 8.5% from 2021 to 2030.
SAW filters pass frequencies within a certain range and reject frequencies outside that range. They are widely used in radio systems such as mobile phones, domestic TVs, and base stations. These filters provide several benefits, such as low insertion loss, low shape factor, small size, and high-frequency operation. Usually, SAW filters are used in frequency ranges from 50 MHz up to 3 GHz.
The global surface acoustic wave (SAW) filters market growth is anticipated to be driven by factors such as the need for multiple bands in Long-Term Evolution (LTE) and the surge in usage of small & low-cost filters in smartphones. In addition, the adoption of surface acoustic wave (SAW) filters in RADAR systems boosts the overall market growth. However, the high power consumption issue of SAW filters acts as a major restraint on the global market growth. On the contrary, a continuous rise in several subscribers and new application areas of wireless technologies is expected to create lucrative opportunities for the surface acoustic wave (SAW) filters market players.
Segment Overview:
The global surface acoustic wave (SAW) filters market share is segmented based on type, enterprise size, frequency range, industry vertical, and region.
By type, the market is bifurcated into RF SAW filters and IF SAW filters. Depending on enterprise size, the market is categorized into small & medium enterprises and large enterprises. By frequency range, it is fragmented into less than 100 MHz, 101–1,000 MHz, 1,001–2,000 MHz, and more than 2,000 MHz
By Type
RF SAW Filters segment is expected to secure leading position during forecast period.
Based on industry vertical, the market is classified into consumer electronics, automotive, aerospace & defense, telecommunications, and others.
By Industry Vertical
Telecommunication segment is projected as one of the most lucrative segments.
Region-wise, the surface acoustic wave (SAW) filters market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). North America dominated the surface acoustic wave (SAW) filters market share in 2020, and is projected to register a significant growth rate during the forecast period, owing to the growth of the aerospace & defense sector. However, Asia-Pacific is anticipated to witness a significant growth rate by the end of the forecast period, followed by Europe.
By Region
Asia-Pacific would exhibit the highest CAGR of 9.9% during 2021-2030
The leading surface acoustic wave (SAW) filters market manufacturers, such as Qualcomm Technologies, Inc., Qorvo, Inc., and Murata Manufacturing Co., Ltd., are focusing on their investment in technologically advanced, cost-effective, and more secure products & solutions for various applications.
Top Impacting Factors
The prominent factors that impact the surface acoustic wave (SAW) filters market growth are a surge in usage of SAW filters in the aerospace & defense sector and an increase in demand from the communication sector. In addition, the growth of the semiconductor industry drives the demand for SAW filters. However, technical issues related to size and power consumption restrict the market growth. On the contrary, high demand from Asia-Pacific is expected to create lucrative opportunities for the market.
Competition Analysis
Competitive analysis and profiles of the major surface acoustic wave (SAW) filters market players, such as Abracon, API Technologies Corp, Kyocera Corporation, Microchip Technologies, Murata Manufacturing Co., Ltd, Qorvo, Inc., Qualcomm Technologies, Inc., Skyworks Solutions, Inc., Tai-Saw Technology Co., Ltd., and TDK Corporation, have been covered in the report.
Asian and European countries under lockdowns have suffered major losses of business and revenue due to the shutdown of manufacturing units. The operations of the production and manufacturing industries have been heavily impacted by the outbreak of the COVID-19 disease, which has further impacted the surface acoustic wave (SAW) filters market growth.
In addition, the COVID-19 pandemic has impacted the electronics sector as production facilities have stalled, which, in turn, boosted the demand for electronics and semiconductor products in the industry. Its major impact includes large-scale manufacturing interruption across Europe and interruption in Chinese parts exports, which may hinder the surface acoustic wave (SAW) filters market growth.
Key Benefits For Stakeholders
- This study comprises an analytical depiction of the global surface acoustic wave (SAW) filters market along with the current trends and future estimations to depict the imminent investment pockets.
- The overall surface acoustic wave (SAW) filters market analysis is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The surface acoustic wave (SAW) filters market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and the surface acoustic wave (SAW) filters market share of key vendors.
- The report includes the SAW filters market trends and revenue share of key vendors.
Surface Acoustic Wave (SAW) Filters Market Report Highlights
| Aspects | Details |
 By Type |
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 By Enterprise Size |
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 By Frequency Range |
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 By Industry Vertical |
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 By Region |
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 Key Market Players | Qorvo, Inc., Tai-Saw Technology Co., Ltd., Qualcomm Technologies, Inc., Abracon, LLC, Murata Manufacturing Co., Ltd., API Technologies Corp., Kyocera Corporation (AVX Corporation), Skyworks Solutions, Inc., TDK Corporation, Microchip Technology Inc. (Vectron International) |
Analyst Review
Surface acoustic wave (SAW) filters are compressed filters used in a variety of applications up to frequency range of 3 GHz. These filters convert electrical energy into mechanical or acoustic energy on a piezoelectric material. SAW filters use interdigital transducers (IDTs) to convert an electrical signal into a mechanical wave.
The growth of the global surface acoustic wave (SAW) filters market is anticipated to be driven by factors such as need for multiple bands in Long-Term Evolution (LTE) and surge in usage of small & low-cost filters in smartphones. In addition, adoption of surface acoustic wave (SAW) filters in RADAR systems boosts the overall market growth. However, high power consumption issue of SAW filters acts as a major restraint of the global surface acoustic wave (SAW) filters market. On the contrary, continuous rise in the number of subscribers and new application areas of wireless technologies is expected to create lucrative opportunities for the surface acoustic wave (SAW) filters market.
The key players of the market focus on introducing technologically advanced products to remain competitive in the market. Partnership, and product launch are expected to be the prominent strategies adopted by the market players. North America accounted for a major share of the market in 2020, owing to the presence of major players in the region. However, Asia-Pacific is expected to grow at the highest CAGR, owing to rise in adoption of surface acoustic wave (SAW) filters in a variety of fields.
The Surface Acoustic Wave (SAW) Filters Market is estimated to grow at a CAGR of 8.5% from 2021 to 2030.
The Surface Acoustic Wave (SAW) Filters Market is projected to reach $9.94 Billion by 2030.
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need for multiple bands in Long-Term Evolution (LTE) and surge in usage of small & low-cost filters in smartphones are the prime factors that drive growth of the Surface Acoustic Wave (SAW) Filters Market.
The key players profiled in the report include Abracon, API Technologies Corp, Kyocera Corporation, Microchip Technologies, Murata Manufacturing Co., Ltd, Qorvo, Inc., Qualcomm Technologies, Inc., Skyworks Solutions, Inc., Tai-Saw Technology Co., Ltd., and TDK Corporation
On the basis of top growing big corporations, we select top 10 players.
The Surface Acoustic Wave (SAW) Filters Market is segmented on the basis of type, enterprise size, frequency range, industry vertical, and region.
The key growth strategies of Surface Acoustic Wave (SAW) Filters Market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.
The telecommunications sector is projected to be the major industry vertical, followed by aerospace & defense during the forecast period.
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