The analysts at QY Research predict that the global radio frequency filters market will reach US$4810 mn by 2025 from US$1740 mn in 2018. The market is expected to register a CAGR of 13.6% by 2025.
Los Angeles, United States - August 21, 2019 /MarketersMedia/ —
QY Research published a report, titled “Global Radio Frequency Filters Market Report, History and Forecast 2014-2025”, which provides a thorough analysis of the key market restraints, trends, and drivers to showcase the future and current market scenario. QY Research provides a foolproof report, which includes market strategies based on applications, regions, and advanced technologies present in the market. The radiofrequency filter market is likely to show remarkable growth over the forecast period.
The analysts at QY Research predict that the global radio frequency filters market will reach US$4810 mn by 2025 from US$1740 mn in 2018. The market is expected to register a CAGR of 13.6% by 2025.
Global Radio Frequency Filters Market: Trends and Opportunities
The growing dependency of users on their electronic devices and consumption of video-based content has put pressure on the wireless data transfer infrastructure. Radiofrequency filters are usually used in wireless radio frequency-based devices to filter outgoing and incoming signals. In today’s scenario, wireless devices are operating on multiple bands because of sensors such as GPS, Bluetooth, Wi-Fi, and wireless antenna. The continuous proliferation of wireless networks is one of the major factors that is driving the growth of the radio frequency filters market over the forecast period.
In addition, the increasing adoption of higher frequencies in telecommunication will boost the market. Moreover, the growing use of silicon on insulator (SOI) technology in semiconductor manufacturing instead of conventional silicon substrates has improved the performance of microelectronics in the past years. Consequently, the manufacturers have started adopting the use of SOI with effective radio frequency filters in cell phones and cell radios. SOI will be one of the major trends in the radio frequency filters market in the coming years.
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Global Radio Frequency Filters Market: Segment Analysis
The global market for radio frequency filters is segmented into application and product type. The product type segment includes BAW radio frequency filters, SAW radio frequency filters, and others. The application segment includes tablet computers, GPS navigation devices, and mobile phones. Mobile phone segment will drive the radio frequency filters market because of growing shipment of smartphones in the coming years.
Global Radio Frequency Filters Market: Regional Outlook
The Asia Pacific will grab a remarkable market share in the global radio frequency filters market due to the increasing use of latest wireless networks in emerging economies such as China and India. North America is also expected to grow the radio frequency filters market due to growing advanced technology systems.
Global Radio Frequency Filters Market: Top Players
The leading players operating in the global market for radio frequency filters are SHOULDER, Murata, TST, TDK-EPC, Kyocera, Taiyo Yuden, NDK, Qorvo, Avago, and WISOL.
Global Radio Frequency Filters Market: Competitive Landscape
The companies are focusing on the new materials to improve the functionality and power of the radio frequency devices while cutting down their manufacturing costs. The report provides a detailed analysis of the key players and provides information on the products that are offered by the companies to aid the readers in identifying new investment opportunities. The manufacturers have also adopted strategies such as Porter’s Five Force model and SWOT analysis to measure the strength, weakness, and opportunities of the top players.
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