The TC-SAW filter market was valued US$ 2.8 Bn in 2021, and would grow by more than 9.4% CAGR. TC-SAW filters are simply type of SAW filters which provides better thermal performance. By minimizing variations in the center frequency of the filter over temperature, TC-SAW filters provides higher performance in crowded RF spectrum. TC-SAW filters has a thin film of SiO2 that is Silicon Dioxide used to get better Temperature Coefficient Frequency (TCF).
According to latest research by Future Market Insights, TC-SAW filter market is set to witness higher growth during 2021-2031. The market will show significant growth in coming years, owing increasing adoption of TC-SAW filters in various industries such as automotive, communications, aerospace & defense, and healthcare.
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What is Driving Demand for TC-SAW Filter Market?
The emergence of Internet of Things (IoT), 5G, and Artificial Intelligence (AI), and increasing demand for smartphones are the main factors for driving the growth of TC-SAW filter market. Increase in the number of smartphone-using population around the world will encourage consumers to adopt 5G-enabled services.
5G-enabled services include autonomous driving, augmented reality, virtual reality, ultra-HD video, and artificial intelligence. Thus, significant approval of advanced applications such as augmented reality, autonomous vehicles, IoT, and various other advanced technological enhancements, is anticipated to boost growth of the TC-SAW filter market.
Increasing adoption of TC-SAW Filters in Various Industries such as Automotive, Communications, Aerospace & Defense, and Healthcare is Driving the Adoption of TC-SAW Filter Market
The adoption of SAW filters in various industries such as automotive, communications, aerospace & defense, and healthcare which ultimately fuels the demand of TC-SAW filters. In recent years, TC-SAW filters widely used in tablets, smartphones, and other communication devices, typically to obtain 4G and 3G bandwidth.
It helps to convert electrical energy into mechanical energy through a piezoelectric material. The government of many economies are also supporting development of advanced technologies such as IOT and 5G. TC-SAW filters also used in navigation devices, RADAR systems, air traffic control devices, data exchange systems, and GPS.
Thus rising adoption of TC-SAW filters across industries such as communications, aerospace & defense, automotive, and healthcare propels the growth of the TC-SAW filters.
North America TC-SAW Filter Market Outlook
North America is anticipated to constitute a highest growth in the TC-SAW filter market over the forecasted period. The North America shows significant growth in TC-SAW filter market owing to growing demand for interface standards such as LTE and Wi-Fi for a range of services in applications like wireless charging capabilities, self-driving vehicles, blind spot awareness, and voice control.
U.S. is expected to contribute major market share in North America region. The increasing adoption of RF filter technology by Boeing and Airbus, and the U.S. Department of Defense, in application such as electronic surveillance, RADAR systems, ATC (Air Traffic Control), GPS, and navigation, propels the demand of TC-SAW filter market in North America region.
North America has massive presence of TC-SAW filter providers such as Microchip Technologies, Inc., Skywork Solutions, Inc., Qorvo, Inc., and Qualcomm Technologies, Inc. Presence of such key vendors in the North America region propels the demand for the TC-SAW filter market.
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APAC Demand Outlook for TC-SAW filter Market
APAC is expected to grow at highest CAGR, owing to accelerating growth of digital transformation and rapidly increasing connectivity owing to digital transformation and growing demand for wireless systems in developing economies in APAC region such as Indonesia, India, and developed economy such as Japan.
The major factor contributing to the higher growth rate of TC-SAW filter is increasing adoption of smartphones in India. The country has many established SMEs, which are growing at an exponential rate caters to their large customer base. In recent years, demand for TC-SAW filter in applications like electronic surveillance, smartphones to transit, GPS, navigation, and receive paths for 3G, and 4G technologies has increased.
Thus adoption of wireless market in APAC region has experienced remarkable growth and development in the past few years. Also APAC has world’s second biggest economy like china which has developed infrastructure for manufacturing and development of semiconductor industry. Thus rising adoption of wireless market, growing consumer electronics industry in APAC region augments the demand for the TC-SAW filter market.
Who are the Major vendors of TC-SAW Filter Market?
Some of the leading vendors and companies of TC-SAW filter including
- Microchip Technologies, Inc.
- Skywork Solutions, Inc.
- Qorvo, Inc.
- Qualcomm Technologies, Inc.
- TAIYO YUDEN CO., LTD
- Kyocera Corporation
- API Technologies Ltd.
- Sappland Microelectronics Technology
- TAI-SAW TECHNOLOGY CO., LTD. among others.
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Key Segments
By Product Type:
- 942.5MHz
- 1.962GHz
By Application:
- Mobile Terminal
- Base Station
- Satellite Communication
- Smart Home
- Automotive Electronics
- RFID
- Radar
- Other
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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