Surface Acoustic Wave (SAW) Filter Market Scope, Size by 2031
The surface acoustic wave (SAW) filter market size is projected to reach US$ 4.11 billion by 2031 from US$ 2.17 billion in 2023. The market is expected to register a CAGR of 8.0% during 2023–2031. Miniaturization and integration and increased frequency range are likely to remain a key trend in the market.
Surface Acoustic Wave (SAW) Filter Market Analysis
The most popular class of SAW-filters is widely used in residential TV and radio systems, including base stations and mobile phone handsets. Numerous varieties exist, each with a unique set of benefits, including tiny size, high-frequency functioning, minimal insertion loss, and low form factor. The extreme precision with which almost limitless shapes can be formed on the surface makes a large range of types conceivable.
Surface Acoustic Wave (SAW) Filter Market Overview
Surface acoustic wave filters have been an important part of digital television sets and mobile phones. In every smartphone and other IoT device, SAW filters remain a crucial component of the communication module. SAW technology provides affordable solutions for many different kinds of uses. SAW components are a better option for a customer who needs big-volume production due to their affordable pricing. The development time of SAW components is cut down to a few weeks thanks to sophisticated simulation tools and the newest advancements in semiconductor process technology.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Surface Acoustic Wave (SAW) Filter Market: Strategic Insights
Market Size Value in US$ 1,717.68 Million in 2020 Market Size Value by US$ 2,826.81 Million by 2028 Growth rate CAGR of 8.3% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Surface Acoustic Wave (SAW) Filter Market: Strategic Insights
| Market Size Value in | US$ 1,717.68 Million in 2020 |
| Market Size Value by | US$ 2,826.81 Million by 2028 |
| Growth rate | CAGR of 8.3% from 2021-2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Surface Acoustic Wave (SAW) Filter Market Drivers and Opportunities
Rising Number of Smart Phones and Tablets to Favor the Market
SAW filters are still an important part of any smartphone, having been used by manufacturers for many years since the initial generation of cell phones. Since the launch of LTE, a wide range of radio frequency bands, or LTE bands, from 600MHz to 2700MHz, have been supported by smartphones. In order to ensure global network compatibility, smartphone manufacturers incorporate the majority of LTE bands that are often used. Sub-6GHz bandwidth was made available by 5G for earlier deployments, and SAW filters are capable of capturing the majority of lower-band frequencies. SAW filter solutions provide high-performance duplexers and multiplexers for RF communication modules that power contemporary mobile devices. Globally, smartphone use is almost universal in industrialized countries. According to estimates from 2023, there are presently more than 6.5 billion smartphones in use worldwide, and this figure is expected to rise in the years to come. This is to drive the demand in the surface acoustic wave (SAW) filter market.
Rapid 5G Deployment
The need for SAW filters is being driven by the introduction of 5G technology and the expansion of Internet of Things (IoT) devices. Precise filtering is necessary for these applications to operate in complicated radio environments. The goal of ongoing research is to further reduce the size of SAW filters so they can fit into progressively smaller electronic devices without sacrificing functionality. Efforts are also underway to lower production costs and enhance performance by integrating SAW filters with other parts on a single chip.
Surface Acoustic Wave (SAW) Filter Market Report Segmentation Analysis
Key segments that contributed to the derivation of the Surface Acoustic Wave (SAW) Filter market analysis are type, frequency range, and application.
- Based on the type, the surface acoustic wave (SAW) filter market is divided into RF SAW filters and IF SAW filters. The RF SAW filters segment held the largest share in 2023.
- Based on the frequency range, the market is divided into less than 100 MHz, 101-1000 MHz, 1001-2000 MHz, and more than 2000 MHz.
- Based on the application, the market is divided into consumer electronics, automotive, aerospace and defense, telecommunications, and others.
Surface Acoustic Wave (SAW) Filter Market Share Analysis by Geography
The geographic scope of the surface acoustic wave (SAW) filter market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
Asia Pacific holds a significant share of the surface acoustic wave (SAW) filter market in 2023. Asia Pacific is the manufacturing hub for the semiconductor industry. Countries such as South Korea, Japan, and China are major semiconductor manufacturing hubs. Moreover, the region has a significant number of smartphone manufacturers driving the demand for SAW filters in the region.
Surface Acoustic Wave (SAW) Filter Market Report Scope
Surface Acoustic Wave (SAW) Filter Market News and Recent Developments
The surface acoustic wave (SAW) filter market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the surface acoustic wave (SAW) filter market are listed below:
- Murata Manufacturing Co., Ltd. (head office: Nagaokakyo-shi, Kyoto; Chairman of the Board and President: Tsuneo Murata) has developed and started volume production of the world's smallest*1 SAW*2 duplexers*3—the SAYAV Series, SAYARV Series, and SAYAP Series; and SAW filters—the SAFFW Series (hereinafter “the Products”). (Source: Murata Manufacturing Co., Ltd., Press Release, July 2019)
- Qualcomm Technologies, Inc. introduced a new generation of micro acoustic filter technology that expands our RF front-end (RFFE) portfolio and opens up new 5G services and applications. (Source: Qualcomm Technologies, Inc, Press Release, October 2021)
Surface Acoustic Wave (SAW) Filter Market Report Coverage and Deliverables
The “Surface Acoustic Wave (SAW) Filter Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Surface acoustic wave (SAW) filter market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Surface acoustic wave (SAW) filter market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Surface acoustic wave (SAW) filter market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the surface acoustic wave (SAW) filter market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type , Frequency Range , and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Asia Pacific dominated the surface acoustic wave (SAW) filter market in 2023.
A rising number of smartphones and tablets and advancements in wireless communication are expected to drive the surface acoustic wave (SAW) filter market.
Miniaturization and integration and increased frequency range are likely to remain key trends in the market.
Murata Manufacturing Co., Ltd., API Technologies (UK) Ltd., Abracon, Qualcomm Technologies, Inc., Qorvo, Inc., Skywork Solutions, Inc., TAIYO YUDEN CO., LTD, Microchip Technologies, Inc., Kyocera Corporation, and TAI-SAW TECHNOLOGY CO., LTD. are among the leading payers operating in the surface acoustic wave (SAW) filter market.
The surface acoustic wave (SAW) filter market size is projected to reach US$ 4.11 billion by 2031
The surface acoustic wave (SAW) filter market is expected to register a CAGR of 8.0% during 2023–2031
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For