Electronic Filters Market
Global Electronic Filters Market Research Report: By Type (Low Pass Filter, High Pass Filter, Bandpass Filter, band Reject Filter, All-Pass Filter), Application (Power Supplies, Audio Electronics, Radio Communications, Analog to digital Communication) and Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) - Forecast till 2025
Market Highlights
The global market for electronic filters was valued at USD 12.7 billion in 2018; it is expected to reach USD 18.9 billion by the end of the forecast period at a CAGR of 15.0%. Every electronic circuit produces signals that need electronic signal processing, filtering, or amplification from normal gain to the most complex digital signal processing (DSP). Designers set their electronic signal filter implementation selections on the accuracy of the target system and desired bandwidth. Electronic filters are classified into two categories—active filters and passive filters.
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Key Players
The key players in the electronic filters market are ST Microelectronics (Switzerland), Anritsu (Japan), Mini-Circuits (US), Schneider Electric (France), ABB AG (Switzerland), ARTECHE Group (Spain), AVX Corporation (US), Block TransformatorenElektronik (Germany), Captor Corporation (US), CD Automation UK (UK), Circutor (Spain), Cosel Europe (Germany), DEM SpA (Italy), and Analog Devices Inc. (US), among others.
Regional Analysis
Asia-Pacific is expected to dominate the electronic component market during the forecast period due to the presence of electronic component manufacturing companies and telecom industries. The markets in China, Japan, Taiwan, and India are expected to dominate the market and Australia, Singapore, and New-Zealand are expected to grow at a steady rate during the forecast period. The North American market is expected to register the highest CAGR during the forecast period due to the presence of electronic component manufacturers and early adoption of the latest technologies. Europe is expected to account for the third position during the forecast period. The markets in Germany, the UK, the Netherlands, Sweden, Italy, and France are expected to grow at a high rate during the forecast period. However, Portugal, Norway, Switzerland, and the rest of Europe are expected to grow at a stable rate during the forecast period. The markets in the Middle East and Africa and South America are expected to grow at a stable rate during the forecast period.
Intended Audience
- Automation & control vendors
- Automation & control networking technology vendors
- Mobile Manufacturers
- Component manufacturers
- Software and solution providers
- Telecommunication Service Provider
Segmental Analysis
By type, the electronic filters market has been segmented into low pass filter, high pass filter, bandpass filter, band reject filter, an all-pass filter. By application, the electronic filters market has been segmented into power supplies, audio electronics, radio communication, and analog to digital conversion. By region, the electronic filters market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
Competitive landscape
The global electronic filters market consists of various global, regional, and local service providers who are continuously evolving their product portfolio to enhance their market positions. The major players are likely to strengthen their presence worldwide through the mergers and acquisition of local and regional players for expanding the reach of their solutions during the review period. Improvements in the global economic scenario combined with technological advancements in the emerging economies in India, South Africa, China, Brazil, and Argentina, are likely to fuel the market growth, thereby making it an ideal time for the vendors to expand the electronic filters market to untapped geographies and increase the market share.
Therefore, vendors must develop new technologies and stay abreast of emerging technologies that could affect the continuing competitiveness of their product lines in the market.
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