Global surface acoustic wave (SAW) resonator market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 7.5% during the forecast period.

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Global surface acoustic wave (SAW) resonator market Definition

A surface acoustic wave (SAW) is an acoustic wave that propagates along the surface of a material which exhibits elasticity property with amplitude. SAW resonator is an electronic component which exhibit resonant behaviour or resonance property. Its basic function is to reduce distortions and acoustic losses in an electronic device.
Global surface acoustic wave (SAW) resonator market Dynamics

A growing adoption of SAW resonator in filters and stable frequency sources is the major driving factor behind the growth of the market. An increasing adoption of SAW technology in many electronic components to provide various functions, rising demand for surface acoustic wave resonators in various end-user industries, surge in the demand for SAW based sensors to use in security and surveillance applications, growing significance of SAW resonators in radio transmitters and escalating use of SAW filters in various electronics applications are expected to improve growth of market during the forecast period.

However, high costs associated with the SAW resonator based filters is the major restraining factor that could hamper the growth of the market.
Global Surface Acoustic Wave (SAW) Resonator Market: Segmentation Analysis

By industry, consumer electronics and telecommunication segment dominated the market in 2019 and is projected to witness fast growth at a CAGR of XX% during the forecast period. A surge in the adoption of SAW RF resonators in RF filter application for frequencies up to 3 GHz is attributed to the growth of the market. A rising adoption of SAW resonator based RF filters in applications such as in Smartphones, mobile telephones, digital receivers, TV receivers and radio receivers, rising demand and adoption of 4G and 5G technology based mobile devices, ongoing technological advancements in 5G network infrastructure, continuous improvements in telecommunication industry across the globe and increasing production of SAW RF resonators by various leading manufacturers to use in RF filters are expected to propel growth of the market during the forecast period. In addition, a rising adoption of SAW RF resonators in various end-use applications owing to its benefits such as low cost, small size and high performance is ultimately resulting into the growth of the market.
Global Surface Acoustic Wave (SAW) Resonator Market: Regional Analysis

Region-wise, Asia Pacific held largest market share in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The economies such as China, India, South Korea, and Japan are the major key contributors behind the growth of the market. China held the largest market share in APAC region. The growth is attributed to the ongoing technological innovations in the field of electronics SAW filters and vast presence of various electronics component manufacturing companies across the region.
A rising adoption of SAW devices in the communication technology, increasing applications of defense and safety monitoring equipments, growing importance of SAW resonators in consumer electronics and automotive applications and surge in the adoption of SAW resonators in musical instruments are driving the growth of the market in APAC region.

The objective of the report is to present a comprehensive analysis of the Global Surface Acoustic Wave (SAW) Resonator Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Surface Acoustic Wave (SAW) Resonator Market dynamics, structure by analyzing the market segments and projects the Global Surface Acoustic Wave (SAW) Resonator Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Surface Acoustic Wave (SAW) Resonator Market make the report investor’s guide.
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Global Surface Acoustic Wave (SAW) Resonator Market, By Industry

• Automotive
• Aerospace Defense
• Environmental Industrial
• Consumer Electronics
• Healthcare
• Telecommunication
• Others
Global Surface Acoustic Wave (SAW) Resonator Market, By Region

• North America
 US
 Canada
• Europe
 UK
 France
 Germany
 Italy
 Spain
 Norway
 Russia
• Asia Pacific
 China
 India
 Japan
 South Korea
 Australia
 Malaysia
 Indonesia
• South America
 Brazil
 Mexico
 Argentina
• Middle East and Africa
Global Surface Acoustic Wave (SAW) Resonator Market, Key Players

• Althen GmbH
• Infineon Technologies AG
• Muruta Manufacturing Co. Ltd.
• Transense Technologies plc.
• Qualtre Inc.
• TDK Corporation
• Pro-micron
• NanoTemper Technologies GmbH
• Vectron International Inc.
• Oscilent Corporation
• Hawk Measurement Systems
• Broadcom
• Crystek Corporation
• Akoustis Technologies
• Qualcomm
• RTX Technology
• XX
• XX

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