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| Dielectric Filter Market Size |
The global Dielectric Filter Market is estimated to be valued at US$ 2.73 Bn or billions in 2023 and is
expected to exhibit a CAGR of 7.5% over
the forecast period 2023 to 2030, as highlighted in a new report published by
Coherent Market Insights.
Market Overview:
A dielectric filter is a type of electrical filter used in high-frequency
wireless applications. It consists of dielectric resonators that contain a high
permittivity material arranged inside a conductive enclosure. Dielectric
filters are usually used in the transmitters and receivers of wireless
communication devices such as cellular phones, Wi-Fi routers, television
broadcast transmitters/receivers to suppress unwanted signals and pass desired
signals in a specified frequency range. They provide high Q factors,
miniaturization, thermal stability and fewer components compared to traditional
LC filters.
Market key trends:
One of the key trends in the Dielectric
Filter Market Size is the growing adoption of 5G technology. The
deployment of 5G networks requires ultra-narrow bandpass filtering at
millimeter-wave frequencies to separate adjacent communication channels.
Dielectric filters are well-suited for these stringent filtering requirements
of 5G owing to their strong resonance characteristics. Additionally, increasing
sales of Wi-Fi devices, rising number of cellular subscribers and growing
uptake of IoT applications are also fueling the demand for dielectric filters
in various wireless systems. Manufacturers are continuously developing
innovative dielectric filter designs to meet the expanding scope of wireless
applications.
Porter’s Analysis
Threat of new entrants: The moderate capital requirements and presence of
established players make the threat of new entrants low in this market.
Bargaining power of buyers: The presence of substitute products and large buyer
base gives buyers a higher bargaining power in this market.
Bargaining power of suppliers: The availability of Component suppliers and lack
of product differentiation keeps the bargaining power of suppliers moderate.
Threat of new substitutes: The threat of new substitutes is moderate due to
availability of similar filtering technologies.
Competitive rivalry: High.
Key Takeaways
The global dielectric filter market is expected to witness high growth,
exhibiting a CAGR of 7.5% over the
forecast period, due to increasing demand for smartphones and network
infrastructure equipment.
The Asia Pacific region dominates the global dielectric filter market and is
expected to grow at the highest CAGR during the forecast period. Increasing
investments towards 5G deployment and proliferation of IoT devices drive the
dielectric filter market growth in the region.
Key players operating in the dielectric filter market are Murata Manufacturing
Co., Ltd., TDK Corporation, Qorvo, Inc., Broadcom Inc., Skyworks Solutions,
Inc., AVX Corporation, Johanson Technology, Inc., Anatech Electronics, Inc.,
API Technologies Corp., Pole/Zero Corporation, Corry Micronics, Inc.
Regional analysis related content comprises: The Asia Pacific region dominates
the global dielectric filter market with over 45% share in 2023. Countries such
as China, Japan, and South Korea are major contributors to the market growth.
Rising number of mobile subscribers, increasing demand for connectivity and
proliferation of IoT devices drive the need for network infrastructure and
smartphones in the region. This positively impacts the growth of dielectric
filter market.
Key players related content comprises: Key players operating in the dielectric
filter market are Murata Manufacturing Co., Ltd., TDK Corporation, Qorvo, Inc.,
Broadcom Inc., Skyworks Solutions, Inc., AVX Corporation, Johanson Technology,
Inc., Anatech Electronics, Inc., API Technologies Corp., Pole/Zero Corporation,
Corry Micronics, Inc. Murata manufacturing leads the market, followed by TDK
Corporation. These companies adopt strategies such as mergers &
acquisitions, partnerships, and new product development to expand their global
footprint.
Read More: https://www.rapidwebwire.com/dielectric-filter-market-overview/