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Global Surface Acoustic Wave (SAW) Filters Market is Experiencing Tremendous Growth Post COVID-19 Pandemic: A Report by Absolute Markets Insights

Published On 05 May 2022 04:38 PM


The amplitude of surface acoustic waves diminishes exponentially with material depth as they travel along the surface of elastic materials. A SAW filter is an electronic device that converts electrical energy into mechanical or acoustic energy using a piezoelectric material. Two interdigital transducers, called input and output transducers, are required for the energy conversion process. In general, input transducers turn incoming electrical signals into acoustic waves, whereas output transducers receive acoustic waves and convert them back to electrical energy. Surface acoustic wave devices, which make use of electrical systems including delay lines, filters, correlators, and DC to DC converters, can be employed in a variety of ways. These SAW devices' capabilities could offer up new possibilities in radar and communication systems. SAW-based microfluidic devices provide a number of distinct advantages, making them a very competitive solution. SAW microfluidics is responsible for much of the significant advancement and exciting breakthroughs in acoustofluidic research, particularly in the previous decade. As a result, the global surface acoustic wave (SAW) filters market is gaining tremendous demand.

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The global surface acoustic wave (SAW) filters market will be driven by the demand for several bands in long-term evolution (LTE) and the rising use of small and low-cost filters in smartphones. Furthermore, in RADAR systems, the employment of surface acoustic wave (SAW) filters increases market expansion. The issue of SAW filters' high-power consumption, on the other hand, is a key impediment to global market expansion. The market for surface acoustic wave (SAW) filters, on the other hand, is expected to profit from a constant expansion in the number of subscribers and new wireless application areas.

Influence of the Pandemic – Global Surface Acoustic Wave (SAW) Filters Market

COVID-19 has had a significant impact on the semiconductor and electronics industries. Due to an increase in COVID-19 instances, businesses and manufacturing facilities in a number of countries have been closed, and they remain closed until 2021. A partial or whole lockout has also harmed the global supply chain, making it more difficult for companies to communicate with customers. The pandemic of COVID-19 is wreaking havoc on the global economy and society. The pandemic's impact is expanding by the day, and it's disrupting global trade. As a result of the crisis, stock market volatility is causing a loss of company confidence, a major slowdown in supply chains, and an increase in panic among client segments.

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The Following Are the Main Findings for Global Surface Acoustic Wave (SAW) Filters Market:

  • In terms of revenue, the global surface acoustic wave (SAW) filters market was valued at $ 1,490.53 million in 2020 and is expected to reach US$ 2,826.8 million by 2028, predicted to increase at a CAGR of 9.3% during 2022 – 2030.
  • In November 2019, Tai-Saw Technology (TST) and Murata Manufacturing partnered to grant TST the rights to supply SAW filter products to Murata's customers
  • In 2020, TAI-SAW TECHNOLOGY CO., LTD released an IF SAW filter line for 5G infrastructure applications such as base stations, networking, and repeaters.
  • In highly miniaturised solutions, the combination of high-power levels and small size of surface acoustic wave filters results in high power densities and low risk of early failure.
  • IoT and 5G network vendors in Asian countries are increasingly using SAW filters, promoting expansion and innovation in the region. In the coming years, sales of surface acoustic wave (SAW) filters market will likely rise in Asian and Western European countries.
  • Continuous developments in wireless network communication systems may boost the surface acoustic wave (SAW) filters market, allowing for rapid adoption in the aerospace and defence industries.
  • Frequency interference in network infrastructure and overcrowding of spectrums are two main roadblocks to the growth of the surface acoustic wave (SAW) filters market

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Few of the Market Participants Operating in the Global Surface Acoustic Wave (SAW) Filters Market are listed below:

  • 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.
  • Other Market Participants

Global Surface Acoustic Wave (SAW) Filters Market

By Type

  • RF SAW
  • IF SAW

By Frequency Range

  • Less than 100 MHz
  • 101-500 MHz
  • 501-1000 MHz
  • 1001-2000 MHz
  • More than 2000 MHz

By Application

  • Consumer Electronics
  • Telecommunications
  • Automotive
  • Aerospace & Defense
  • Healthcare
  • Others

By Region

  • North America (U.S., Canada, Mexico, Rest of North America)
  • Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
  • Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
  • Latin America (Brazil, Argentina, Rest of Latin America)

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Press Release Provided By: Absolute Markets Insights