Asia Pacific Electronic Filter Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type ; Application
NEW YORK, May 25, 2020 /PRNewswire/ --
The electronic filter market in Asia-Pacific was valued at US$ 4967.1 million in 2019 and is projected to reach US$ 8219.8 million by 2027; it is expected to grow at a CAGR of 6.6% during the form 2020 to 2027. The use of electronic filter is rising in communication, semiconductor, chemical fiber, petrochemical, automotive manufacturing, and steel/intermediate frequency heating industries. Moreover, these are also utilized in image processing, speech signal processing, sports halls, hospital systems, and others. Different types of filters have their own applications, such as FIR filter is used in audio system, adaptive filters are used in signal processing, and FBAR filter is used in smart phones. The mentioned industries are expanding in Asia Pacific region which is expected to positively impact the growth of electronic filter market.
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The low pass filter segment by type held the largest share of the electronic filter market.The low pass filter enables low-frequency signals from 0Hz to its cut-off frequency.
The low pass filters are widely used in the suppression of an RF amplifierâEUR(TM)s harmonics.This feature is vital as it assists in avoiding unwanted interferences every time it comes to varied transmission bands.
Moreover, the low pass filters are used in audio applications, AC current in a circuit, and block high frequencies.
Overall size of the Asia Pacific electronic filter market has been derived using primary and secondary sources.The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia Pacific electronic filter market.
It also provides an overview and forecast for the electronic filter based on all segmentation provided with respect to the Asia-Pacific region.Additionally, primary interviews were conducted with industry participants and commentators in order to validate and analyze the data.
The participants who take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the APAC electronic filter industry. ABB Ltd and AVX Corporation are among the key players present in the Asia Pacific electronic filter market.
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