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The radio frequency (RF) filters market size is projected to increase by USD 9.23 billion at a CAGR of 16.04% between 2023 and 2028. The Radio Frequency Filters market is experiencing significant expansion, driven by key factors. Firstly, the widespread adoption of mobile computing devices propels market growth. Secondly, the increasing deployment of Internet of Things (IoT) technology integrates RF filters into various applications. Lastly, the implementation of Long Term Evolution-Advanced (LTE-A) technology necessitates the use of high-performance RF filters for optimal network performance. These factors collectively contribute to the dynamic growth of the Radio Frequency Filters market.
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The Radio Frequency Filters Market is integral to modern wireless communication chains, ensuring reliability and optimal frequency response in various applications. In the mobile phone environment, social networking applications demand high performance from electronic circuits and high-frequency electronic circuits. Automotive vehicles rely on these filters for engine management and ignition systems. Key components include low pass filters, band pass filters, and other electronic filters, which manage interference and block undesirable signals in the passband and stopband ranges. Operating across megahertz to gigahertz frequencies, these filters handle unwanted radio frequencies in radio communication systems and wireless devices. Advances in filter technology are crucial for millimetre wave, extremely high frequency, and next-generation electronic warfare systems, addressing the evolving needs of radio communication systems.
High proliferation of mobile computing devices is the key factor driving the market growth. Mobile users and business travelers who need mobility and connectivity are pushing up demand for mobile computing devices. Users access social networking apps, browse the web, read news, and check their emails, among other things, using these gadgets. The demand for mobile computing devices is being driven by increasing rates of internet adoption and the availability of high data rates at reasonable speeds.
Furthermore, the growth in internet bandwidth is primarily driven by the propagation of mobile computing devices (like smartphones, tablets, and laptops) with new capabilities. The integration of progressive wireless technologies such as LTE and Wi-Fi in smartphones and tablets has generated an augmented need for new RF features in these devices. Hence, such factors will boost the need for high-performance radio frequency filters, which, in turn, will drive the market during the forecast period.
Growing technological convergence is the primary trend shaping market growth. With the technological advancements in different mobile computing devices, like smartphones and tablets, these devices are on the verge of providing multiple features on one platform. For instance, portable PCs are combined with diverse features, which consist of internet surfing, media streaming, social networking, and online gaming. This generates the need to deploy radio frequency filters to satisfy signal filtering needs. The deployment of filters in electronic devices allows improved filtering of RF signals, in large and medium band frequencies, to and from the base station.
Consequently, technological convergence will have a positive impact on radio frequency filters, which, in turn, will drive the global radio frequency (RF) filters market. Growing investments in R&D by market players will contribute to the growth of the market. For instance, RF filters market players such as Broadcom and Qorvo are investing heavily in R&D to manufacture highly efficient radio frequency filters. Thus, such factors will drive the growth of the market during the forecast period.
A shorter product lifecycle affects companies' pricing strategy is a challenge that affects market growth. The market is highly competitive owing to rapid technological changes, evolving standards, and high product obsolescence. As a result, radio frequency filter vendors have to constantly upgrade and develop high-performance and cost-effective radio frequency filters. Market players base the price of radio frequency filters on the competitor benchmarks or costs.
Moreover, RF filters market players are aggressively pricing their products to respond quickly to opportunities in the market, meet increased demand, and achieve short-term profits. Factors such as these can decrease the average selling price of radio frequency filters, thus reducing the revenue and gross margins, which will affect the profitability of market players. Thus, such factors will impede the growth of the market during the forecast period.
By Application
The market share growth by the cellular devices segment will be significant during the forecast period. The cumulative growth that LTE network deployments will experience through the years will consequently influence the type of cellular phone shipped during the forecast period. In addition, the rollout of 5G networks would require cellular phones that can operate at higher frequency bands. Cellular phones will, therefore, see the adoption of more LTE-specific bulk acoustic wave (BAW) filters per device.
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The cellular devices segment showed a gradual increase in the market share of USD 2.08 billion in 2018. As 5G networks require greater network bandwidth, radio frequency filters that can be integrated into 5G-capable devices should also be engineered with MIMO and carrier aggregation. Some telecom companies are also increasingly focusing on launching the 5G network, and cellular device manufacturing companies are also focusing on launching new 5G devices. Such factors will drive the growth of the market during the forecast period.
Surface acoustic wave (SAW) filters are used more extensively in devices that do not operate at frequencies higher than 2.5 GHz. SAW filters are, therefore, exclusively used in feature phones, smartphones, and GPS devices. Temperature-compensated SAWs (TC-SAWs) are more enhanced versions of SAW filters. These filters can be used in communication devices that are compliant with the lower bands of the LTE spectrum. Furthermore, by acquiring or investing in the fabs that manufacture SAW filters, the electronic component manufacturers are planning to add SAW filter capacity with the latest process technologies which in turn will drive the segment and market in focus during the forecast period.
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APAC is estimated to contribute 41% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Countries like China, Taiwan, Japan, and South Korea are increasingly manufacturing and using smartphones and consumer electronics, which increasingly require the deployment of radio frequency filters. The radio frequency filters market in APAC is expected to grow significantly due to the development of the next-generation networks such as LTE and LTE-Advanced (LTE-A), the growth of electronic manufacturers in the region, and the increasing investments in the construction of fabs by the market players.
Furthermore, APAC is a hub of main electronic component and electronic device manufacturers. The growth of Chinese smartphone manufacturers such as Huawei, Lenovo, Xiaomi, and OPPO in this region is one of the major factors for revenue generation in the RF filters market. The revenue generation for the region will continue to increase because of the high demand for mobile computing devices in the region and the focus on the development of smart cities. Hence, such factors are expected to drive market growth in this region during the forecast period.
Radio Frequency Filters Market forecasts include the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their radio frequency filters market growth and trends strategies
Global Radio Frequency Filters Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The Radio Frequency Filters Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Radio Frequency Filters Market market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
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The RF filter market plays a pivotal role in a wide array of sectors, from automotive applications like braking systems, in-vehicle central control computers, in-vehicle information systems, and in-vehicle entertainment devices, to aerospace and defense applications such as military equipment, radar applications, and hostile radar systems. RF filters mitigate signal interference in mobile phone communication, telecommunications, satellite communication, and navigation and radio broadcast systems. In the telecommunication industry, RF filter manufacturers are crucial for 5G infrastructure, LTE networks, and network as a service models. Consumer electronics items, including mobile devices, smartphones, and video streaming devices, rely on filters like SAW filters and BAW filters to handle high-speed data networks and 5G technology.
Moreover, in healthcare, connected medical technologies such as heart-rate monitors and remote monitoring equipment utilize RF filters for reliable performance. The integration of IoT devices in US households for video conferencing, remote learning, and online entertainment further underscores the importance of RF filters in maintaining Internet connectivity and managing network traffic. Advanced applications in semiconductor manufacturing industries leverage filter technology for automation, machine learning, and virtual reality. Additionally, space-based Wi-Fi and SATCOM applications enhance connectivity in remote areas, making RF filters indispensable in the modern digital ecosystem.
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Market Scope |
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Report Coverage |
Details |
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Page number |
166 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 16.04% |
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Market Growth 2024-2028 |
USD 9.23 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
16.97 |
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Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 41% |
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Key countries |
US, China, Taiwan, South Korea, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Akoustis Technologies Inc., Analog Devices Inc., Anatech Electronics Inc., Avnet Inc., Broadcom Inc., Crystek Corp., CTS Corp., KYOCERA Corp., Microwave Filter Company Inc. , Molex LLC, Murata Manufacturing Co. Ltd., NuWaves RF Solutions, Qorvo Inc., Qualcomm Inc., Quantic Corry, RF Lambda, Scientific Components Corp., Smiths Group Plc, STMicroelectronics International N.V., and Spectrum Control Microelectronics Ltd. |
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Market dynamics |
Parent market analysis, Market forecasting growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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