Global Surface Acoustic Wave (SAW) Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Devices;

Filters, Oscillators, Resonators, Transducers, and Others.

By Component;

SAW Filter, and SAW Sensor.

By End Users Industry;

Aerospace & Defense, Telecommunication, Environment and Industrial, Automotive, Consumer Electronics, Healthcare & Medical, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn620384028 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Surface Acoustic Wave (SAW) Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Surface Acoustic Wave (SAW) Devices Market was valued at USD 2,570.33 million. The size of this market is expected to increase to USD 3,497.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.

The global Surface Acoustic Wave (SAW) devices market is experiencing significant growth due to the increasing demand for advanced technologies across various industries. SAW devices utilize acoustic waves that travel along the surface of a material, enabling them to perform a variety of functions such as signal processing, sensing, and filtering. These devices are integral components in numerous applications, ranging from telecommunications to automotive, consumer electronics, and medical diagnostics. As the world continues to embrace the Internet of Things (IoT) and other cutting-edge technologies, the adoption of SAW devices is projected to rise, making them a pivotal element in the development of high-performance systems.

The key drivers behind the growth of the SAW devices market are the growing demand for efficient wireless communication systems, advancements in sensor technology, and the increasing need for miniaturized devices. With the rise of 5G networks, the demand for devices that can handle higher frequencies and offer better performance has surged. SAW devices play a crucial role in ensuring the smooth operation of these networks by providing reliable filtering and signal processing solutions. Furthermore, as industries seek to incorporate more IoT-enabled products, the requirement for compact, high-performance sensors has also increased, further fueling the market expansion.

One of the major challenges facing the SAW devices market is the high cost of manufacturing and the complexity of integration with other electronic components. These factors can sometimes hinder the widespread adoption of SAW technology, particularly in cost-sensitive applications. Despite this, manufacturers are constantly working on improving production processes to reduce costs and enhance the scalability of SAW devices. This is expected to make the technology more accessible to a broader range of industries, thus driving further growth in the market.

In terms of regional growth, North America and Asia-Pacific are expected to dominate the global SAW devices market. North America benefits from its well-established electronics and telecommunications industries, while Asia-Pacific sees rapid advancements in technology and a growing demand for mobile devices, automotive electronics, and IoT applications. As the global demand for smart and connected devices continues to rise, the market for SAW devices is anticipated to expand across all major regions, with ongoing innovations and developments helping to shape its future trajectory.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Devices
    2. Market Snapshot, By Component
    3. Market Snapshot, By End Users Industry
    4. Market Snapshot, By Region
  4. Global Surface Acoustic Wave (SAW) Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for consumer electronics
        2. Advancements in wireless communication technology
        3. Increasing adoption of SAW devices in automotive applications
      2. Restraints
        1. High manufacturing costs
        2. Complex integration with other technologies
        3. Limited availability of skilled labor for production
      3. Opportunities
        1. Expansion of the 5G network
        2. Advancements in sensor technology
        3. Growing applications in healthcare and medical devices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Surface Acoustic Wave (SAW) Devices Market, By Devices, 2021 - 2031 (USD Million)
      1. Filters
      2. Oscillators
      3. Resonators
      4. Transducers
      5. Others
    2. Global Surface Acoustic Wave (SAW) Devices Market, By Component, 2021 - 2031 (USD Million)
      1. SAW Filter
      2. SAW Sensor
    3. Global Surface Acoustic Wave (SAW) Devices Market, By End Users Industry, 2021 - 2031 (USD Million)
      1. Aerospace & Defense
      2. Telecommunication
      3. Environment and Industrial
      4. Automotive
      5. Consumer Electronics
      6. Healthcare & Medical
      7. Others
    4. Global Surface Acoustic Wave (SAW) Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Taiyo Yuden
      2. Tai Saw Technology Co. Ltd.
      3. Infineon Technologies AG
      4. TDK Corp.
      5. Murata Manufacturing Co. Ltd.
      6. API Technologies
      7. Oscilent Corp.
      8. ITF Co. Ltd.
      9. AVX CORP.
      10. Skyworks Solutions
      11. Boston Piezo-Optics
      12. Kyocera Corporation
      13. Inneon Technologies AG
  7. Analyst Views
  8. Future Outlook of the Market