RF Tunable Filter Market by Tuning Component , Vertical, and Geography - Global Forecast to 2023


Posted January 21, 2019 by prashantvv

The overall RF tunable filter market was valued at USD 50.7 million in 2017 and is projected to reach USD 87.0 million by 2023, at a CAGR of 9.43%

 
According to the new research report " RF Tunable Filter Market by Tuning Component (SAW, Varactor Diode, MEMS Capacitor, Oscillator Filter, DTC, and SMD Variant), System (Software-Defined Radio, Handheld & Pocket Radio, and Radar System), Vertical, and Geography - Global Forecast to 2023 " The rate of growth is expected to grow from USD 55.4 million in 2018 to USD 87.0 million by 2023, and to a CAGR of 9.43%. The growth of this market is driven by the growing demand for smartphones and connected devices (LTE) network. RF tunable filters are used in various high-end mobile phones, tablets, laptops, wearable devices, smart TVs, PCs, cordless phones, and other consumer electronics devices.  RF tunable filters based on MEMS capacitors and digitally tuned capacitors are the most popular types of tunables. These tunable filters are widely used in smartphones to minimize manufacturing cost. Also,

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Radar systems to the largest share of the RF tunable filter market by 2023

Highly reliable RF tunable filters, which can be used in a specific environment. These standards include environmental, electromagnetic capability; nuclear survivability; and electrical characteristics of a digital interface. In military systems, RF tunable filters are mainly used in handheld and software-defined radios, radar systems, and test and measurement systems.

The CAGR during 2018-2023 

The CAGR from 2018 to 2023. The growth of the market for this market is highly dependent on the successful implementation of smart communications. cloud, mobility, and sensors that collectively form the IoT. Rapid developments in these areas, in recent years, have enabled better connectivity of objects, resulting in the complete development of smarter ecosystems. The introduction of Internet Protocol version 6 (IPv6) allows the connectivity of almost every real-world object with the internet. This connectivity of objects makes better understanding of their behavior, resulting in better decision-making.

The  APAC to grow at the highest CAGR during the forecast period

The APAC is expected to grow at the highest CAGR during the forecast period. The growth of this market can be attributed to the high adoption of smartphones; rapid shift to high-speed mobile technologies (for instance, the shift from 3G to 4G); high consumption of mobile services, including video, social media, e-commerce, and financial services; China, India, Japan, and South Korea.

The key players in the market include Analog Devices (US), Dover Corporation (US), EXFO (Canada), The LGL Group (US), Netcom (US), Telonic Berkeley (US), DiCon Fiberoptics (US), RF Products Inc. (US), Coleman Microwave Company (US), Thorlabs (US), and Smiths Interconnect (UK and US). These players are increasingly adopting strategies such as contracts, acquisitions, and product launches and expanding their product portfolio by developing and introducing new technologies and products in the market.

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Categories Electronics , Engineering , Semiconductors
Tags rf tunable filter market
Last Updated January 21, 2019