According to a recent research report on “Tunable Filter Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”, published by Future Market Insights, the global market for tunable filters is witnessing high growth during the period of assessment. The research report covers several factors that drive this growth as well as few other aspects which have a negative influence over it. The exhaustive research publication includes trends, threats, opportunities, growth drivers and challenges and their impact on the global tunable filter market. Detailed pricing analysis of different tunable filters across key regions is also discussed in the research study. The segmental analysis across North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Latin America, Japan and Middle East and Africa (MEA) is carried out which is used to track the future projections for a period of ten years, pertaining to value of the global tunable filter market.
There are several factors that have a positive influence on the growth of the tunable filter market. The increasing spending in defence has spurred the use of tunable filters in vehicular radios, wireless communication equipment and radars thus actively contributing to the growth of the global tunable filter market. Moreover, growing wireless sector is expected to drive the growth of tunable filter market. Also, the emergence of 5G is expected to contribute to the market’s growth. Tunable filters are used in 5G networks and have a crucial role of ensuring proper functioning of 5G technology-based communication systems. However, limited commercial availability of some tuneable filters (for instance, BST or Barium Strontium Titnate) is expected to hinder the growth of the global tunable filter market.
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This market is poised to grow at a value CAGR of 7.4% throughout the period of assessment 2017-2027. During this period, the global market is also anticipated to reflect a 2x increase in revenue. In 2017, the global tunable filter market is valued at around US$ 77 Mn and is estimated to reach a value a bit over US$ 159 Mn in 2027.
Market Segmentation
By Application
- Tactical Radios
- Avionics and Shipboard Cosite Mitigation
- Military Vehicular Mount Radio Components
- Wireless Communication Equipment
By Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Japan
- Middle East and Africa
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Table Of Content
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
3. Market View Point
3.1. Macro-Economic Factors
3.2. Opportunity Analysis
4. Global Tunable Filters Market Analysis 2012–2016 and Forecast 2017–2027
4.1. Market Size and Y-o-Y Growth
4.2. Absolute $ Opportunity
4.3. Value Chain
4.4. Global Market Dynamics
4.4.1. Drivers
4.4.2. Restraints
4.4.3. Trends
5. North America Tunable Filters Market Analysis 2012–2016 and Forecast 2017–2027