Global BAW Filters market will reach 9048.85 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/11/15

The BAW Filters industry was 2590.99 million USD in 2017 and is projected to reach USD 9048.85 million USD by 2025, at a CAGR of 16.92% between 2017 and 2025. Increasing usage of tablets and smartphones are one of the key reasons behind the growing demand for bulk- acoustic-wave filters market globally.

The market for BAW Filters is highly concentrated, Broadcom and Qorvo, Inc. dominate the high band BAW filter market, controlling a significant portion of the customer base and are increasing capacity to meet the growing RF filter demand of the 4G/LTE market. Broadcom and Qorvo account for more than 90% market share in 2018.

On the basis of type, the BAW Filters market is segmented into solid mounted bulk acoustic resonators (SMR) and thin-film bulk acoustic resonator (FBAR). The FBAR segment is expected to account for the larger share of the global market in 2018.

Applications, included in this market are Smartphones, Wi-Fi Hotspots, Tablets and Others. Smartphones is expected to account for the largest share of the global market in 2018.

With rising research activities in the field of Bulk Acoustic Wave (BAW) devices, the application of BAW filters are growing in the high-end industrial, military and consumer wireless application segments. Different types of materials and substrates have been used for BAW filters with the demand more driven by general fabrication constraints and economics. The rising demand for advanced wireless technology, for instance LTE, has made the application of new RF features mandatory in tablets and smartphones. Therefore, the growing shipments of the smart gadgets such as smartphones segments over the forecast period is anticipated to create a rapid demand for bulk-acoustic-wave (BAW) filters owing to their growing proliferation of LTE/4G networks and compatibility with frequencies of higher bandwidth. Furthermore, BAW filters have a small form factor and deliver improved and advanced performances which primarily lead to its augmented adoption in the near future.

BAW filter require complicated fabrication methods. Hence, they are expensive in comparison with compare to SAW filters. Moreover, BAW filters generally have sharper frequency responses and hence it is known for its sharp filtering effect on RF signal. BAW filters can implement lattice filters.

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