RF Tunable Filter Market Insights,Trends, Global Industry Analysis Report 2020 to 2025
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. Escalating demand for software-defined radios to be deployed in military communication equipment and the increasing demand for 5G smartphones, smartphones, and mobile phones are among the key factors driving the market growth. Moreover, increased adoption of IoT by different industries is likely to create opportunities for the RF tunable filter market.
Band reject filters are incorporated in the electrocardiogram (ECG) machine to ensure hassle-free operation in the healthcare industry. These filters are also integrated into communication devices to weed out unwanted harmonics for clear communication. Thus, their varied range of applications and ability to operate in any frequency range are fueling their demand in different industries. Thus, the market for the band reject filter segment is projected to register a higher CAGR during the forecast period.
Is increase in deployment of 5G technology and adoption of IoT devices would be one of the opportunity for filter manufacturers?
5G technology is pushing the boundaries of wireless communications, enabling use cases that rely on ultra-fast speeds, low latency, and high reliability. The necessity of higher data rates, better coverage, and greater spectral efficiency demands 5G network infrastructure development. This network can handle multiple modes and frequencies to migrate legacy systems to 5G. Several manufacturers, including EXFO Inc., NXP Semiconductors, and NewEdge Signal Solutions Inc., are working on developing 5G-enabled RF solutions to address the high growth areas.
The 3rd Generation Partnership Project (3GPP) has developed a new radio access technology called 5G new radio (NR), designed to become the standard for 5G networks worldwide. The 5G NR includes several low and mid-frequency bands in the sub-7 GHz range, defined as FR1, and higher frequency bands above 24 GHz, defined as FR2/mmWave. 5G frequency includes all previous cellular spectrum and additional spectrum in the sub-7 GHz frequency range and beyond to overcome the physical limitations associated with throughput and bandwidth.
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