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 phone, domestic TV, and base stations. These filters provide several benefits such as low insertion loss, low shape factor, small size, or 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 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 market growth. On the contrary, continuous rise in number of subscribers and new application areas of wireless technologies is expected to create lucrative opportunities for the surface acoustic wave (SAW) filters market players.
The global surface acoustic wave (SAW) filters market share is segmented on the basis of 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 enterprise and large enterprise. 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. On the basis of industry vertical, the market is classified into consumer electronics, automotive, aerospace & defense, telecommunications, and others.
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 significant growth rate during the forecast period, owing to growth of the aerospace & defense sector. However, Asia-Pacific is anticipated to witness significant growth rate by the end of the forecast period, followed by Europe.
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 on technologically advanced, cost-effective, and more secure products & solutions for various applications.
By Type
RF SAW Filters segment is expected to secure leading position during forecast period.
Top Impacting Factors
The prominent factors that impact the surface acoustic wave (SAW) filters market growth are surge in usage of SAW filters in aerospace & defense sector and increase in demand from the communication sector. In addition, 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.
By Industry Vertical
Telecommunication segment is projected as one of the most lucrative segments.
Covid-19 Impact Analysis
The outbreak of COVID-19 has significantly affected the electronics and semiconductor sector. Business and manufacturing units across various countries were closed, owing to increase in number of COVID-19 cases, and are expected to remain closed in 2021. Furthermore, partial or complete lockdown has disrupted the global supply chain posing challenges for manufactures to reach customers.
The COVID-19 pandemic is impacting the society and overall economy across the globe. The impact of this outbreak is growing day-by-day as well as affecting the overall business globally. The crisis is creating uncertainty in the stock market and is resulting in falling business confidence, massive slowing of supply chain, and increasing panic among the customer segments.
Asian and European countries under lockdowns have suffered major loss 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 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 industries. 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.
By Region
Asia-Pacific would exhibit the highest CAGR of 9.9% during 2021-2030
Key Benefits For Stakeholders
- This study comprises 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.
Key Market Segments
By Type
- RF SAW Filters
- IF SAW Filters
By Enterprise Size
- Small & Medium Enterprise
- Large Enterprise
By Frequency Range
- Less than 100 MHz
- 101–1,000 MHz
- 1,001–2,000 MHz
- More than 2,000 MHz
By Industry Vertical
- Consumer Electronics
- Automotive
- Aerospace & Defense
- Telecommunications
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Players
- Abracon
- API Technologies Corp
- Kyocera Corporation (AVX Corporation)
- Microchip Technologies (Vectron International)
- Murata Manufacturing Co., Ltd
- Qorvo, Inc.
- Qualcomm Technologies, Inc.
- Skyworks Solutions, Inc.
- Tai-Saw Technology Co., Ltd.
- TDK Corporation.
Surface Acoustic Wave (SAW) Filters Market Report Highlights
| Aspects | Details |
 By Type |
|
 By Enterprise Size |
|
 By Frequency Range |
|
 By Industry Vertical |
|
 By Region |
|
 Key Market Players | Tai-Saw Technology Co., Ltd., Kyocera Corporation (AVX Corporation), Qorvo, Inc., Microchip Technology Inc. (Vectron International), API Technologies Corp., TDK Corporation, Abracon, LLC, Murata Manufacturing Co., Ltd., Qualcomm Technologies, Inc., Skyworks Solutions, Inc. |
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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