Electronic Filter Market Forecast and Growth 2031

Electronic Filter Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Low Pass Filter, High Pass Filter, Band Pass Filter, Band Stop Filter, and All Pass Filter); Application (Power Supplies, Audio Electronics, Radio Communications, and Analog to Digital Conversion), and Geography

  • Report Code : TIPRE00009306
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Electronic Filter Market Report, Analysis, Opportunities by 2031

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The global Electronic Filter market size is expected to grow from US$ 4.20 billion in 2023 to US$ 7.89 billion by 2031; it is anticipated to expand at a CAGR of 8.2% from 2023 to 2031. The growing need for semiconductors across a range of end-use sectors is likely to remain key electronic filter market trends.

Electronic Filter Market Analysis

The market for electronic filters is mostly driven by the increasing demand for electronic filters in the telecom industry. In addition, the introduction of 5G and the increasing use of LTE networks, particularly in emerging nations, are the main drivers of the expansion of the global telecommunications sector while also contributing to the growth of the electronic filter market.

Electronic Filter Market Overview

An electronic filter refers to a circuit or device that is used to modify, reshape, or reject specific frequencies in an electrical signal while allowing desired frequencies to pass through. Filters are widely used in various industries, including power supplies, audio electronics, radio communications, and signal and image processing systems. There are different types of filters, including low-pass, high-pass, band-pass, and notch filters. Filters have various applications in power supplies, audio electronics, radio communications, and signal and image processing systems. They can be classified as passive or active, depending on the components used in their construction.

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Electronic Filter Market: Strategic Insights

electronic-filters-market
Market Size Value inUS$ 12.89 Billion in 2019
Market Size Value byUS$ 19.13 Billion by 2027
Growth rateCAGR of 5.2% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Electronic Filter Market Drivers and Opportunities

Increasing Demand for Electronic Filters in the Telecom Industry to Favor Market

The telecom sector is gradually changing as a result of the constantly changing technological environment and the increasing use of smartphones and other connected devices around the globe. In addition, the introduction of 5G and the increasing use of LTE networks, particularly in emerging nations, are the main drivers of the expansion of the global telecommunications sector. The need for electronic filters in the worldwide telecommunications sector is being driven by the industry's strong growth prognosis, which is a result of expanding network penetration and customer demand for digital content.

Technological Advancements

These days, electronic filters are merged with other cutting-edge technologies like robotics, machine learning, and artificial intelligence (AI). Improved automation and increased functionality are made possible by this connection across a range of applications. Artificial intelligence-driven filters, for example, are capable of analyzing intricate data patterns and adjusting in real-time to maximize efficiency.

Electronic Filter Market Report Segmentation Analysis

Key segments that contributed to the derivation of the electronic filter market analysis type and application.

  • Based on type, the market is divided into low pass filter, high pass filter, band pass filter, band stop filter, and all pass filter. The low pass filter segment held a larger market share in 2023.
  • Based on application, the market is divided into power supplies, audio electronics, radio communications, and analogy to digital conversion. The audio electronics segment held a larger market share in 2023.

Electronic Filter Market Share Analysis by Geography

The geographic scope of the electronic filter market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America. North America dominated the Electronic Filter market in 2023. One of the main factors propelling the electronic filter market is the telecoms sector's optimistic development prognosis in North America. The market is expanding as a result of the telecoms industry's rising need for electronic filters.

Electronic Filter Market Report Scope

Electronic Filter Market News and Recent Developments

The electronic filter market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

  • In February 2024, ABB India launches its next-generation compact drive, ACH180, for HVACR (heating, ventilation, air conditioning, and refrigeration) equipment. As the newest addition to ABB’s HVACR drive portfolio, the ACH180 enables expert control of high-efficiency motors while utilizing a compact design for space savings, lower capital expenditure, and easier commissioning. With a built-in filter to lower high-frequency emissions, it allows the drive to be used in industrial or domestic environments without the need to buy and install additional external filters.

(Source: ABB, Press Release, 2024)

Electronic Filter Market Report Coverage and Deliverables

The "Electronic Filter Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Market dynamics such as drivers, restraints, and key opportunities
  • Key future trends
  • Detailed PEST/Porter's Five Forces and SWOT analysis
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
  • Detailed company profiles
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type ; Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
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


What is the estimated market size for the global electronic filter market in 2023?

The electronic filter market size is expected to grow from US$ 4.20 billion in 2023 to US$ 7.89 billion by 2031; it is anticipated to expand at a CAGR of 8.2% from 2024 to 2031.

What are the driving factors impacting the global electronic filter market?

The market for electronic filters is mostly driven by increasing demand for electronic filters in the telecom industry.

What are the future trends of the global electronic filter market?

The growing need for semiconductors across a range of end-use sectors is likely to remain key electronic filter market trends.

Which are the key players holding the major market share of the global electronic filter market?

The key players holding the majority of shares in global electronic filters are ABB Ltd., AVX Corporation, BLOCK Transformatoren-Elektronik GmbH, Captor Corporation, and Anritsu.

What will be the market size of the global electronic filter market by 2031?

The global electronic filter market is expected to reach US$ 7.89 billion by 2031.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

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