Analysts at TechNavio have been closely monitoring the Global Bulk Acoustic Wave Devices market, and are excited to forecast huge upward trends for the next few years including a whopping CAGR of 40.7 percent for the 2012-2016 period. This immense growth is thanks to three key trends which we’ll outline below.
#1. The Emergence of 4G Technology for Smartphones
4G technology requires high-performance filters that are developed using bulk acoustic wave devices. Currently, the design architecture of smartphones consists of cellular frequency bands that support 2G and 3G voice and data services. However, with the emergence of 4G technology, new 4G bands are being squeezed into the pre-existing frequency bands that have minimal guard bands. The only way to get around this issue, is by using bulk acoustic wave devices. As more and more smartphone manufacturers make the transition to 4G networks, the demand for bulk acoustic wave devices will reach even greater heights.
#2. Growing Demand for Bulk Acoustic Wave Devices in Tablet Computers
The past few years have seen an exponential rise in the sale of tablet computers, and statistics show that tablet sales will continue grow even more rapidly in the next few years. Almost all tablets include 3G and 4G technologies, which require high-performance filters that are developed using bulk acoustic wave devices.
#3. Rapidly Growing Deployment in Microwave Devices
Bulk acoustic wave devices have superior quality features such as compact size and ultra-high performance which makes them optimum for use in microwave devices. The traditional technologies that were once used by microwave devices had many limitations, the most significant of which was incompatibility with other systems. With the introduction of bulk acoustic wave devices, all these limitations have been overcome and the technology’s applications have been widely broadened.
All three of these factors have already made a huge impact on the Global Bulk Acoustic Wave Devices market, and in reality, they’re just the tip of the iceberg. The market is still relatively young and there’s no doubt in our minds that in the coming years even more applications for bulk acoustic wave devices will be uncovered, propelling the industry to even greater heights.
For more information, view our 2012-2016 report on the Global Bulk Acoustic Wave Devices market.
