Market Research Future (MRFR) projects the global RF filter market to reach approximately USD 20.5 billion at a CAGR of 17.8% from 2018-2023 (forecast period).
Radio frequency (RF) filters are essential in the communication industry. While transmitting and receiving data across a communication channel, RF filters aid in eliminating interference generated by white noise. RF filters market are commonly employed in functional fields such as radio, television broadcasting, and wireless communication, where a range of medium to high frequencies is necessary for proper, error-free, and reliable communication from one end to the other. Furthermore, RF filters are classified into four types based on their application areas: low-pass, high-pass, band-pass, and band-reject filters.
Telecommunications sectors in both advanced and emerging countries are rapidly developing. In addition, countries such as India have increased foreign direct investment (FDI) limitations in the telecom sector in collaboration with private enterprises in order to expand network infrastructure. This has resulted in the expansion of 3G and 4G/LTE networks, which has increased network traffic via mobile devices and increased network interference across communication channels. As a result of the need to filter data and experience seamless communication between devices, the demand for RF filters has skyrocketed. Furthermore, increased Internet of Things (IoT) usage and rapid Internet penetration across the globe to operate wireless devices are expected to drive the RF market during the forecast period. The high cost of software to simulate the RF filter for large-scale mobile applications, on the other hand, is impeding the growth of the RF filter market throughout the assessment period.
Which Top Market Participants are Consider for the highest RF Filters market share?
The eminent contenders in the YAGEO Group (Taiwan), RTx Technology Co., Ltd(Korea), Bird (US), Crystek Corporation (US), Akoustis (US), TDK Corporation (Japan) and Avnet, Inc. (US)
Market Segmentation
The global RF filter market has been segmented into filter type, connectivity technology, functional areas, and application.
Based on the filter type, the global RF filter market has been segmented into surface acoustic wave (SAW) and bulk acoustic wave (BAW).
Based on the connectivity technology, the global RF filter market has been classified into cellular technology, Wi-Fi, Bluetooth, and others.
Based on functional type, the global RF filter market has been categorized into cellular devices, GPS devices, radio broadcast, television (TV) broadcast, and others.
Based on application, the global RF filter market has been categorized into lighting, small appliances, home security, remote control, industrial, and others.
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