Global Electronic Filters Market growing at a CAGR of 10.3% from 2023 to 2031
Category : Semiconductor And Electronics | Published Date : Oct 2023 | Type : Press Release
Key Market Overview
The Global Electronic Filters Market was valued at USD 17.76 Billion in 2022, projected to grow by USD 19.17 Billion in 2023, and is expected to register a compound annual growth rate of 10.3% to reach USD 41.86 Billion in 2031.
The report highlights the increasing adoption of electronic filters in telecommunication, aerospace & defence, automotive, and other sectors. Consegic Business Intelligence provides an inclusive research report on the electronic filters market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.
Global Electronic Filters Market By Overview
The report analyses significant segments such as type, application, end-user, and region, to identify emerging trends and potential opportunities. The type segment is expected to grow due to the increasing adoption of low pass filters in audio electronics, power supplies, communication systems, and other related applications. Moreover, the rising deployment of high pass filters in consumer electronics, automotive, and telecommunication industries is expected to drive the market growth during the forecast period.
Get Free SampleMarket Dynamics
Driver:
- Rising utilization of electronic filters in telecommunication industry is driving the market growth.
- Growing aerospace & defence sector is spurring the market growth.
Restraints:
- Prevalence of stringent regulations associated with electronic filters is restraining the market growth.
Market Segmentation:
| Report Attributes | Report Details |
| By Type | High Pass Filter, Low Pass Filter, Band Pass Filter, Band Reject Filter, and Others |
| By Application | Power Supplies, Audio Electronics, Communication System, and Others |
| By End-User | Consumer Electronics, Automotive, Telecommunication, Aerospace & Defense, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The global electronic filters market is highly competitive due to the presence of major players such as STMicroelectronics, Analog Devices Inc., KYOCERA AVX Components Corporation, Captor Corporation, Cosel Europe GmbH, and others operating in the global market. The market players are adopting new ways through product innovations, mergers and acquisitions, and business strategies to remain hold strong market position. Thus, evolving research and developments in electronic filters market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various industries.
- STMicroelectronics
- Analog Devices Inc.
- KYOCERA AVX Components Corporation
- BLOCK Transformatoren-Elektronik GmbH
- Captor Corporation
- Cosel Europe GmbH
- Mini-Circuits
- Microwave Filter Company Inc.
- Anritsu Corporation
- EMI Solutions
- Anatech Electronics Inc.
