Market Overview
According to the latest report by Market Research Future (MRFR), the RF Filters Market Report is presumed to reach a substantial valuation of nearly USD 20.5 billion by 2023, at a healthy CAGR of 17.8% during the forecast period (2018-2023).
There has been a immense adoption of the internet, smartphones, and other technologies among consumers across the globe. The expansion of smart devices with interconnectivity has also increased the demand for smooth communication channels. This has led to the development of 3G and 4G/LTE networks, which, in due course, have increased the network traffic through mobile devices and resulted in increased network interference across several communication channels. Consequently, the need for RF filters has augmented due to the necessity to filter data and experience constant communication between devices. Additionally, the rising adoption of the Internet of things (IoT) and rapid penetration of the Internet across the globe for the functioning of wireless devices are expected to drive the RF Filters Market Report during the forecast period. On the other hand, the higher cost of software to simulate the RF filter for large scale cellular applications, are hampering the growth of the RF Filters Market Report during the assessment period.
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Key Players
Some of the key players of RF Filters Market Report includes Skyworks Solutions Inc (US), Murata Manufacturing Co. Ltd (Japan), Qorvo (US), Broadcom (US), TDK Corporation (Japan), Avnet Inc (US), Tai-SAW Technology Co. Ltd (Taiwan), Abracon (US),Yageo (Taiwan), RTX Technology (South Korea), Bird Technologies (US), Crystek Corporation (US), and Akoustis Technologies (US).
Segmentation
Globally, the RF filter market is categorized into filter type, connectivity technology, functional areas, and application.
Depending on the filter type, the RF filter market is segmented into surface acoustic wave (SAW) and bulk acoustic wave (BAW).
Based on the connectivity technology, the global RF filter market is classified into cellular technology, Wi-Fi, Bluetooth, and others. The cellular technology is categorized into 2G, 3G, and 4G.
Furthermore, the functional type segment of the global RF filter market is categorized into cellular devices, GPS devices, radio broadcast, television (TV) broadcast, and others. Lastly, the application segment is categorized into lighting, small appliances, home security, remote control, industrial, and others.
Regional Analysis
Geographically, the global RF filters market is categorized into North America, Europe, Asia- Pacific, and the rest of the world. North America is expected to have a significant growth in the RF filter market owing to rapid development in connected technology for smart and IoT applications. While the market is dominated by Asia-Pacific with a significant market share during the forecast year. The market growth is attributed to the presence of semiconductor companies in China, Japan, Taiwan, and South Korea. These regions are likely to witness a rapid adoption of smart devices.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.1.5 Bargaining Power Of Suppliers
4.2 Value Chain/Supply Chain Of Global RF Filter Market
5 Industry Overview Of Global RF Filter Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
Continued…
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