Surface Acoustic Wave Filters Market Regional Analysis:
North America Market Insights
North America surface acoustic wave filters market is anticipated to hold the largest share of 33%. The growth is due to the rapid deployment of SAW filtering in amplification and jamming systems in the aerospace and defence sectors. Additionally, North America is one of the earliest adopters of 5G technologies and requires sophisticated SAW filters to achieve optimal performance. It has been estimated that by the end of 2023, North America 5G connections totaled 197 million. As more 5G networks are put in place, there will be a growing need for SAW filters. Additionally, 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.
Asia Pacific Market Insights
The SAW filters market in the Asia Pacific is poised to grow significantly with a share of 27%. The boom has been driven by the well-established electronics, telecommunications, and chip industries in this region. For instance, in India, according to the Press Information Bureau, the country’s electronics sector has witnessed rapid growth and reached USD 155 billion in 2023. Surface acoustic wave filters are widely used to eradicate unwanted frequencies from electronic circuits, propelling the market growth.