The Worldwide RF Tunable Filter Industry is Expected to Reach $168 Million by 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "RF Tunable Filter Market by Type (Bandpass, Band Reject), Tuning Mechanism, Tuning Component, System (Handheld and Pocket Radio, Radar System), Application (Aerospace and Defense, Transportation, Smart Cities) and Geography - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The global RF tunable filter market is projected to reach USD 168 million by 2027 from an estimated USD 100 million in 2022, at a CAGR of 10.8% from 2022 to 2027.

Bandpass filter segment is projected to capture a larger share of the overall market during the forecast period

The RF tunable filter market for the bandpass filter segment is projected to capture a larger share of the overall market during the forecast period attributed to the increased use of bandpass filters in the aerospace & defense, communications, and healthcare industries.

The market for the radar system segment is expected to hold the largest share of the overall market in 2022

The market for the radar system segment is expected to hold the largest share of the overall market in 2022. Radar systems are widely used in the aerospace & defense industry as they can penetrate different mediums, such as clouds, fogs, mist, and snow. In commercial and military aircraft, radar systems are used to assist pilots while flying through the fog. Thus, the demand for radar systems is rising in the aerospace & defense industry, which, in turn, fuels the adoption of RF tunable filters.

In 2022, the RF tunable filter market for the aerospace and defense segment is expected to hold the largest share of the overall market

In 2022, the RF tunable filter market for the aerospace and defense segment is expected to hold the largest share of the overall market, and the trend is projected to continue during the forecast period. The dominance of the aerospace and defense segment can be attributed to the rising demand for handheld and pocket radios, radar systems, communication and navigation systems, and satellite communication systems in the aerospace & defense industry.

Based on region, North America held the largest share of the overall RF tunable filter market in 2022

In 2022, North America held the largest share of the overall RF tunable filter market, followed by Europe, Asia Pacific, and RoW, respectively. Also, it is expected to dominate the market during the forecast period. The presence of major players such as Analog Devices, Inc., Dover Corporation, The LGL Group, Inc., EXFO Inc., DiCon Fiberoptics, Inc., Netcom, Inc., RF Products Inc., Telonic Berkeley Corporation, and Coleman Microwave Company in the region is the key factor driving the market growth.

In addition, the region holds a strong base of end-users, including aerospace & defense, energy & power, mining, transportation, smart cities, and healthcare industries. These end-users demand highly reliable and fast-responding RF tunable filters to achieve smooth and secure communication.

Market Dynamics

Drivers

• Rising Demand for RF Tunable Filters in the Aerospace & Defense Industry
• Increasing Demand for 5G Smartphones, Smartphones, and Mobile Phones
• Escalating Demand for Software-Defined Radios to be Deployed in Military Communication Equipment

Restraints

• Requirement for High Capital and Short Life Cycle of RF Tunable Filters

Opportunities

• Increased Adoption of IoT by Different Industries
• Increasing Deployment of 5G Technology and Adoption of IoT Devices
• High Demand for Telematics and Infotainment Equipment from Automotive Sector

Challenges

• High Regulatory Barriers
• Designing Constant Bandwidth RF Tunable Filters
• Rising Complexity and Shrinking Size of Electronic Devices

Companies Mentioned

• Aac Technologies Holdings Inc. (Wispry)
• Akoustis Technologies, Inc.
• Analog Devices, Inc.
• Coleman Microwave Company
• Dicon Fiberoptics, Inc.
• Dover Corporation
• EI Wave Digitech (I) Pvt Ltd.
• Exfo Inc.
• Filtronetics Inc.
• Flann Microwave Ltd.
• Marki Microwave, Inc.
• Mercury Systems, Inc. (Atlanta Micro, Inc.)
• Microwave Filter Company Inc.
• Murata Manufacturing Co. Ltd. (Psemi)
• Netcom, Inc.
• Newedge Signal Solutions Inc.
• Qorvo, Inc.
• RF Products Inc.
• Smiths Group plc
• Telonic Berkeley Corporation
• Temwell Corporation
• The Lgl Group, Inc.
• Thorlabs, Inc.
• Vanlong Technology Co. Ltd.
• Wainwright Instruments Gmbh

For more information about this report visit https://www.researchandmarkets.com/r/70rrwh