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RF Tunable Filters Market to Expand at a CAGR of 8.3% from 2021 to 2031 | TMR

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RF Tunable Filters Market to Expand at a CAGR of 8.3% from 2021 to 2031 | TMR

November 09
12:13 2021
RF Tunable Filters Market to Expand at a CAGR of 8.3% from 2021  to 2031 | TMR
RF Tunable Filters Market To Surpass Valuation Of US$ 191 Mn By 2031

Transparency Market Research delivers key insights on the global RF tunable filters market. In terms of revenue, the global RF tunable filters market is estimated to expand at a CAGR of 8.3% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global RF tunable filters market.

The global RF tunable filters market is broadly affected by several factors, including rising adoption of MEMS-based tunable RF filters.

RF Tunable Filters Market: Dynamics

RF tunable filters are electronic components used to allow or prevent selected signals or frequencies in order to eliminate noise or pass-through of unwanted signals. The radio frequency spectrum includes the set of frequencies of the electromagnetic framework, ranging from 30 Hz to 300 GHz. It is divided into several ranges, or bands, and given labels, such as low frequency (LF), medium frequency (MF), and high frequency (HF), for easier identification.

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 The rapid expansion of 5G networks fuels the demand for new and higher frequency bands with high performance standards for RF filters. The proliferation of 4G LTE networks, increased adoption of new 5G networks, and Wi-Fi have raised the usage of RF bands that smartphones and other mobile devices support. The telecommunication industry is developing new resonating structures to filter unnecessary interference signals at these high frequencies. In September 2021, Resonant developed new XBAR resonator technology for the optimization of RF filters used in 5G and Wi-Fi networks.

Therefore, an increase in the implementation of 5G across the world and bandwidth demands of 5G networks are anticipated to offer lucrative opportunities for new generation of RF filters, which, in turn, needs new generation of tunable RF filters delivering throughput and providing for signal coexistence. 

In June 2019, China granted commercial licenses to four state-owned telecom giants namely, China Telecom, China Mobile, China Unicom, and China Radio, and Television to start rolling out 5G services. The government has aimed to make Beijing a leading global city in setting up superfast wireless networks amid tensions with the U.S. over technology and trade. Thus, rising implementation of 5G across the world is expected to fuel the RF tunable filters market.

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RF Tunable Filters Market: Prominent Regions

The RF tunable filters market in North America is expected to expand during the forecast period, owing to the presence of key market players, technological advancements, and expansion of the aerospace and defense, and telecommunication sectors in the region. North America has the presence of robust expanding economies, including the U.S., Canada, and Mexico. Industrial expansion coupled with the presence of a well-established supply chain network catering to a wide range of industries, including aerospace, healthcare, defense, telecommunication, energy & power, and mining is expected to propel the demand for RF tunable filters semiconductor substrates; consequently, driving the global RF tunable filters market. The U.S. accounted for a prominent share, in terms of value, among all countries.

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The RF tunable filters market in North America is projected to expand further due to a significant rise in the demand from aerospace and defense industry. The North America market is estimated to reach a value of US$ 77.28 Mn by 2031. The RF tunable filters market in Europe is likely to expand at a notable CAGR of 8.5% during the forecast period, owing to the presence of enough number of players manufacturing RF tunable filters in the region.

RF Tunable Filters Market: Key Players

Key players operating in the global RF tunable filters market are K&L Microwave, Analog Devices, Inc., Benchmark Lark Technology, Pasternack, Smiths Interconnect, Anatech Electronics, Inc., EXFO Inc., Netcom, Inc., Lorch Microwave, Pole/Zero Corporation, and MtronPTI.

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Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports

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