RF Tunable Filter Market

Market Leaders - RF Tunable Filter Market

The overall RF tunable filter market is expected to grow from USD 55.4 million in 2018 to USD 87.0 million by 2023, at a CAGR of 9.43% during 2018–2023. The evolution of 5G technology and high demand for telematics and infotainment equipment from the automotive sector provide major opportunities for the growth of the RF tunable filter market. The growing demand for smartphones and connected devices and increasing use of long-term evolution (LTE) network are a few major factors driving the growth of the RF tunable filter market growth.

The overall RF tunable filter market is expected to grow from USD 55.4 million in 2018 to USD 87.0 million by 2023, at a CAGR of 9.43% during 2018–2023. The evolution of 5G technology and high demand for telematics and infotainment equipment from the automotive sector provide major opportunities for the growth of the RF tunable filter market. The growing demand for smartphones and connected devices and increasing use of long-term evolution (LTE) network are a few major factors driving the growth of the RF tunable filter market growth.

Key players operating in the RF tunable filter market include the players operating in different stages of the entire value chain of RF tunable filters such as 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). Many major companies focus on the implementation of organic and inorganic growth strategies, such as product launches, acquisitions, agreements, partnerships, collaborations, and expansions to increase their revenues.

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Top 2 players in the RF tunable filter market:

Microwave Products Group, a Dover company (US), has strong market presence and offers RF and microwave filters, switched filter banks, frequency-agile filters, and manual and digitally controlled tunable filters, among others. The company’s advanced solutions have demand in military, space, commercial aerospace, industrial, and telecom infrastructure applications where function and reliability are important. Moreover, the company focuses on expanding its business in Europe and Asia for revenue generation. For instance, in April 2018, Microwave opened its headquarters in Bengaluru, India. This facility is expected to focus on developing and selling cutting-edge technologies and solutions for the automotive, industrial, healthcare, consumer, Internet of Things (IoT), security, communications, and energy markets all over the world.

Analog Devices, Inc. (US) designs, manufactures, and markets a broad line of high-performance ICs that incorporate analog, mixed-signal, and digital signal processing technologies. In the past 10 years, the company has shifted its focus from R&D investments to business-to-business (B2B) and consumer applications. In August 2016, K&L Microwave developed digitally tuned bandpass filters that can tune in the 700 MHz to 6,000 MHz range with continuously adjustable bandwidth. The company has dominated the market for tunable filters, switches, and components for military, space, commercial aerospace, industrial, and telecom infrastructure applications, among many others. Moreover, the company focuses on acquiring companies such as Linear Technology (US) and Hittite Microwave Corporation (US) to expand its portfolio mostly in power management and RF/microwave technologies.

Related Reports:

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

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Report Code
SE 6701
RI Published ON
10/19/2018
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