2023 to 2030 Outlook: Trends and Forecasts in the Global Tunable Filters Market

DUBLIN, Aug. 22, 2023 /PRNewswire/ -- The "Tunable Filters - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The report provides a comprehensive analysis of the global tunable filters market, covering annual sales trends and growth projections from 2014 to 2030.

The market is segmented based on geographic regions and tuning mechanisms, including mechanical, electronic, and magnetic tuning. The analysis includes recent, historic, and projected data, as well as percentage breakdowns of value sales.

The market presence and key competitors in various regions like the United States, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East, and Africa are discussed. This information aids in understanding the competitive landscape and market dynamics across different regions and tuning mechanisms.

Global Tunable Filters Market to Reach $215.2 Million by 2030

In the changed post COVID-19 business landscape, the global market for Tunable Filters estimated at US$95.7 Million in the year 2022, is projected to reach a revised size of US$215.2 Million by 2030, growing at a CAGR of 10.7% over the analysis period 2022-2030.

Mechanical Tuning, one of the segments analyzed in the report, is projected to record 10.2% CAGR and reach US$93.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Electronic Tuning segment is readjusted to a revised 11.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $25.7 Million, While China is Forecast to Grow at 17.1% CAGR

The Tunable Filters market in the U.S. is estimated at US$25.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$60.6 Million by the year 2030 trailing a CAGR of 17.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.8% CAGR.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Tunable Filters - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

A selection of companies mentioned in this report includes

• Aa Opto Electronic
• Brimrose Corporation of America
• Coleman Microwave Company
• Delta Optical Thin Film A/S
• DiCon Fiberoptics, Inc.
• Dover Corporation
• EXFO, Inc.
• Gooch & Housego PLC
• Kent Optronics, Inc.
• Micron Optics, Inc.
• Netcom, Inc.
• Santec Corporation
• Semrock, Inc.
• Smiths Interconnect
• Thorlabs, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/pt36cd

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SOURCE Research and Markets