Market Insights
Bulk wave (BAW) resonators select electric signals in a very selected band, with the usage of the vibration of the majority of the piezoelectric substrate. the majority of sound wave resonators are electromechanical devices employed in a broad range of radiofrequency applications which provide frequency control, signal, and selection processing capabilities.
Low loss, high performance with high selectivity, small form factor are the key factors boosting the market growth. Other advantages of bulk acoustic wave resonators consist of improved power handling and linearity of the unit volume due to the elimination of planer chip area consumption. It also enables for very large-scale integration, enabling for multi-frequency and multi-band filters to be integrated on a single chip, which boosts the industry growth
The COVID-19 outbreak has moderately affected the bulk acoustic wave resonators industry. This is mainly due to soaring coronavirus cases, implementation of stringent lockdown measures, and limited movement of people to curb the spread of the virus. Owing to the worsening pandemic situation, the market dynamics have changed to a great extent. The nations’ lockdown and other government restrictions are affecting the economies over the globe.
Segments' Analysis
End-Use Trends
"The consumer electronics segment accounted for the largest market share."
Based on end-use, the bulk acoustic wave resonators market is categorized into aerospace and defense, consumer electronics, telecommunication, automotive, and others. The consumer electronics segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. BAW technology is less bulky than external quartz crystals, which delivers cleaner wired and wireless signals over networks. It enables higher-quality communications and more efficiency to wireless consumer electronics, thereby bolstering the segment growth.
Regional Insights
"Asia Pacific accounted for the largest market share."
By region, the Asia Pacific market accounted for a significant share in 2020 and is expected to grow at the highest CAGR in the following years. This is mainly ascribed to the strong presence of consumer electronics and semiconductor companies in South Korea, China, Taiwan, and Japan. Also, increasing product adoption in the telecommunication, consumer electronics, and automotive sectors further proliferates the regional market growth.
Key Players
Key players operating in the bulk acoustic wave resonators market are:
- Teledyne Defense Electronics (US)
- Infineon Technologies AG (Germany)
- Broadcom (US)
- Qorvo, Inc. (US)
- API Technologies (UK) Limited (UK)
- Skyworks Solutions, Inc. (US)
- AKOUSTIS (US)
- Murata Manufacturing Co., Ltd. (Japan)
- Panasonic Corporation (Japan)
- Ecos Solution Co.,Ltd. (South Korea).
Note: The above list does not necessarily include all the top players in the market.
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Report Features
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What Deliverables Will You Get in this Report?
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Key questions this report answers
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Relevant contents in the report
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How big is the sales opportunity?
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In-depth Analysis of the Bulk Acoustic Wave Resonators Market
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How lucrative is the future?
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Market forecast and trend data and emerging trends
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Which regions offer the best sales opportunities?
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Global, regional, and country-level historical data and forecasts
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Which are the most attractive market segments?
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Market Segment Analysis and Forecast
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Which are the top players and their market positioning?
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Competitive landscape analysis, Market share analysis
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How complex is the business environment?
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Porter’s five forces analysis, PEST analysis, Life cycle analysis
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What are the factors affecting the market?
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Drivers & challenges
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Will I get the information on my specific requirement?
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10% free customization
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Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s bulk acoustic wave resonators market? realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 8 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
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