Surface Acoustic Wave (SAW) Filters Market Share

North American Market Forecast

North American surface acoustic wave (SAW) filters market is anticipated to hold the largest share of 33% by the end of 2037. The growth is due to the rapid deployment of SAW filtering, amplification, and processing equipment for jamming systems as well as sensor intelligence receivers in the aerospace and defence sectors. In addition, the North American region is one of the earliest regions where 5G technologies are becoming available and requires sophisticated SAW filters in order to achieve optimal performance. As more 5G networks are put in place around the region, it is estimated that there will be a growing need for SAW filters. The Internet of Things (IoT) is a key factor driving the SAW filter market in the region. In the coming years, demand for RF filters in this region is expected to grow significantly as Internet of Things devices are put into more homes, businesses and industries.

APAC Market Statistics

SAW filters market in the Asia Pacific is poised to grow significantly with a share of 27% during the foreseen period. The boom has been driven by the well-established electronics, telecommunications and chip industries in this region. The region's considerable presence in businesses producing consumer electronic goods has led to the expansion of the market. In addition, with the increasing population in the region, the SAW filters market will continue to grow. According to a report, in the Asia-Pacific region, the consumer electronics market was valued at USD 257 billion in 2020.