RF Tunable Filter Market by System (Software-Defined Radio, Handheld & Pocket Radio, and Radar System) worth $87.0 million by 2023

The overall RF tunable filter market is expected to grow from USD 55.4 million in 2018 to USD 87.0 million by 2023 at a CAGR of 9.43%. The growing demand for smartphones and connected devices and increasing use of long-term evolution (LTE) network are the key factors driving the growth of this market.

RF tunable filters have the ability to manipulate the amplitude and phase response of a signal according to passband and stopband edge frequencies for the required application. These filters are also known as variable or reconfigurable filters with high accuracy and independent tuning characteristics for all signal processing and wireless communication systems. Tunable bandpass and bandstop filters are used to eliminate and retrieve narrowband signals. These filters are widely used in radios, mobile antennae, RADAR systems, medical instruments, wireless equipment, and navigation systems. This report analyzes the RF tunable filter market segmented on the basis of tuning component, system, vertical, and geography.

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On the basis of tuning component, the market has been segmented into surface acoustic waves (SAW), varactor diodes, MEMS capacitors, oscillator filters, digitally tunable capacitors, and SMD variants. The market for SMD variants is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the wide usage of surface mount technology in smartphones, wearables, and IoT. SMD variants are compact; consume less power; and offer improved antenna performance, radiated power, and high accuracy.

The RF tunable filter market in APAC is expected to grow at the highest CAGR during the forecast period. The growth of this market can be attributed to the high adoption of smartphones; rapid shift toward high-speed mobile technologies (for instance, the shift from 3G to 4G); increased consumption of mobile services, including video, social media, e-commerce, and financial services; and high military expenditures toward the adoption of advanced technologies in countries such as China, India, Japan, and South Korea.

The key players in the market include Analog Devices (US), Dover Corporation (US), EXFO (Canada), The LGL Group (US), Netcom (US), Telonic Berkeley (US), DiCon Fiberoptics (US), RF Products Inc. (US), Coleman Microwave Company (US), Thorlabs (US), and Smiths Interconnect (UK and US). These players are increasingly adopting strategies such as contracts, acquisitions, and product launches and developments to expand their product portfolio by developing and introducing new technologies and products in the market.