According to a new report, published by KBV research, The Global RF Filter Market size is expected to reach $33.1 billion by 2029, rising at a market growth of 16.2% CAGR during the forecast period.
The Baw Filter segment is showcasing a CAGR of 17.5% during (2023 - 2029). Mobile phones, tablets, as well as other connected gadgets that employ wireless communication often use bulk acoustic wave (BAW) filters as their RF filters. The segment's expansion is fueled by the demand for wireless devices, primarily smartphones and tablets. In order to achieve the increased data transmission rates and lower latency required by 5G networks, more sophisticated filters, like BAW filters, must be used.
The Mobile Phone Communication segment is leading the Global RF Filter Market by Application in 2022 thereby, achieving a market value of $10.9 billion by 2029. Mobile phones, as well as other wireless communication equipment, must have RF filters to filter out undesirable frequencies and provide dependable connectivity. The demand for RF filters has expanded dramatically along with the mobile phone industry's explosive growth. Smartphones and feature phones both fall within the mobile phone communication category, and both of these types of phones need a variety of RF filters for various tasks, including bandpass filters, high-pass filters, low-pass filters, and duplexers.
The North America market dominated the Global RF Filter Market by Region in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $11.4 billion by 2029. The Europe market is exhibiting a CAGR of 16% during (2023 - 2029). Additionally, The Asia Pacific market would showcase a CAGR of 17% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/rf-filter-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Anatech Electronics, Inc., RS Microwave Company, Inc., Bird Technologies Group, Inc., NXP Semiconductors N.V., Analog Devices, Inc., STMicroelectronics N.V., Murata Manufacturing Co., Ltd., Broadcom, Inc. (CA Technologies, Inc.), API Technologies Corp., and K&L Microwave (Dover Corporation).
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