Surface Acoustic Wave SAW Sales

Surface Acoustic Wave SAW Sales Market Outlook

The global Surface Acoustic Wave (SAW) market is projected to reach approximately USD 4.5 billion by 2035, growing at a compound annual growth rate (CAGR) of around 8.5% during the forecast period from 2025 to 2035. This growth is largely attributed to the increasing demand for high-frequency electronic components in various applications, including telecommunications and industrial sectors. Furthermore, the rising adoption of wireless technologies and the Internet of Things (IoT) is anticipated to drive the market forward, as SAW devices play a critical role in enhancing signal processing and communication capabilities. Additionally, advancements in SAW technology, which lead to improved performance and miniaturization of devices, are expected to further stimulate market growth. The expanding automotive sector, with an emphasis on modern electronic features and smart technologies, will also contribute significantly to the demand for surface acoustic wave devices.

Growth Factor of the Market

The Surface Acoustic Wave (SAW) sales market is experiencing robust growth fueled by several key factors. One of the primary drivers is the increasing reliance on advanced communication systems, particularly in telecommunications, where SAW filters are pivotal for frequency selection and interference rejection. Moreover, the trend of miniaturization in electronic devices fosters a burgeoning demand for compact and efficient SAW components. The healthcare industry is also embracing SAW technology for medical diagnostics and monitoring applications, contributing to the market's expansion. Additionally, as more industries incorporate automation and smart technologies, the need for precise and reliable signal processing will further augment the adoption of SAW devices. The integration of SAW technology in emerging fields, such as IoT and automotive electronics, is expected to create lucrative opportunities over the coming years.

Key Highlights of the Market

• The global SAW market is projected to reach USD 4.5 billion by 2035, with a CAGR of 8.5%.
• Telecommunications remains the largest application segment, driven by the demand for high-performance filters.
• North America currently holds a significant market share owing to technological advancements and robust telecom infrastructure.
• The healthcare sector is increasingly utilizing SAW technology for innovative medical applications and diagnostics.
• The rise of automation in various industries is expected to drive further demand for SAW devices.

By Product Type

Filters:

Filters represent one of the most critical product types in the Surface Acoustic Wave (SAW) market, primarily utilized in telecommunications and consumer electronics. They serve to selectively allow or block frequencies, ensuring signal clarity and quality in communication systems. With the rise of 5G technology and the increasing complexity of wireless networks, the demand for high-performance SAW filters has surged. These filters are essential in mobile devices, base stations, and satellite communications, where they help manage signal integrity and reduce interference. Innovations in SAW filter design and manufacturing are also leading to smaller, lighter, and more efficient devices, further driving their adoption across various applications.

Resonators:

SAW resonators are another pivotal segment of the market, primarily utilized for frequency control and timing applications. These devices utilize the properties of surface acoustic waves to achieve high frequency stability and precision. The demand for SAW resonators has grown due to their essential role in clock generation and signal processing in a variety of electronic applications, including smartphones, tablets, and automotive electronics. The increasing need for accurate timing signals in advanced communication technologies, such as 5G, has further propelled the market for SAW resonators. Manufacturers are focusing on enhancing the performance and miniaturization of these components, allowing for their integration into smaller form factors without compromising quality.

Transducers:

Transducers in the SAW market are critical components that convert electrical signals into surface acoustic waves and vice versa. They are widely used in applications such as sensors, imaging, and telecommunications. The growing demand for SAW-based sensors in industrial and healthcare sectors is driving the transducer segment's growth. These sensors provide accurate measurement and monitoring capabilities, making them ideal for applications like temperature sensing, pressure monitoring, and flow measurement. The advancement of smart technologies and IoT solutions is further enhancing the need for reliable SAW transducers, as they offer high responsiveness and sensitivity for real-time data collection in diverse environments.

Oscillators:

SAW oscillators are important components that generate stable frequencies for various applications, including telecommunications and electronic devices. The market for SAW oscillators is growing steadily due to their ability to provide high-frequency output with low phase noise, making them ideal for applications requiring precision timing. The demand for SAW oscillators is particularly strong in the telecommunications sector, where they are used in base stations, repeaters, and other communication equipment. The increasing reliance on wireless communication technologies and the need for miniaturized electronic components are further boosting the adoption of SAW oscillators, as they offer compact solutions without compromising performance.

Sensors:

SAW sensors are an emerging segment of the market, leveraging the unique properties of surface acoustic waves for various sensing applications. These sensors offer high sensitivity, compact size, and the ability to operate in harsh environments, making them ideal for industrial, automotive, and healthcare applications. The rising emphasis on automation and smart manufacturing is driving the demand for SAW sensors, which can provide real-time monitoring and data collection. Additionally, the healthcare industry is increasingly adopting SAW sensors for applications such as biosensing and diagnostics, owing to their ability to accurately detect specific biological signals. As industries continue to seek innovative and efficient solutions, the SAW sensor market is expected to witness significant growth.

By Application

Telecommunications:

Telecommunications is one of the dominant application segments for the Surface Acoustic Wave (SAW) market, accounting for a substantial share of the overall demand. The increasing deployment of wireless communication technologies, including 4G and the ongoing rollout of 5G networks, has heightened the need for efficient signal processing components such as SAW filters and oscillators. These devices are crucial for managing and optimizing frequency transmission, ensuring high-quality communication channels. As the telecommunications industry continues to evolve with the advent of smart devices and IoT solutions, the demand for SAW technology is expected to expand, driven by the need for enhanced connectivity and improved network performance.

Military and Defense:

The military and defense sector is another significant application area for SAW devices. The unique properties of surface acoustic waves make them suitable for a range of applications, including radar systems, communication devices, and electronic warfare. The demand for high-performance, reliable, and durable components in military applications drives the growth of the SAW market in this sector. As defense organizations increasingly invest in advanced technologies to enhance communication and situational awareness, the adoption of SAW devices in various military applications is anticipated to rise. Additionally, ongoing geopolitical tensions and defense modernization efforts worldwide are likely to contribute to the growth of the SAW market in this domain.

Healthcare:

The healthcare sector is poised to become a significant application area for Surface Acoustic Wave (SAW) technology, driven by advancements in medical diagnostics and monitoring systems. SAW devices are increasingly being utilized for biosensing applications, enabling the detection of biological markers with high sensitivity. The integration of SAW technology in portable medical devices and point-of-care diagnostics is enhancing patient care and facilitating timely decision-making. Furthermore, the growing demand for remote monitoring and telemedicine solutions, particularly in the wake of the COVID-19 pandemic, is expected to propel the adoption of SAW-based sensors and devices in healthcare applications. As the industry continues to focus on innovative solutions for disease management, the SAW market in healthcare is projected to expand significantly.

Industrial:

In the industrial sector, Surface Acoustic Wave (SAW) devices are utilized for various applications, including automation, process control, and condition monitoring. The demand for precise and reliable monitoring solutions in industrial processes is driving the adoption of SAW sensors, as they provide accurate data for decision-making and operational efficiency. Additionally, the rise of smart factories and Industry 4.0 initiatives is further propelling the demand for SAW technology, as manufacturers seek to implement advanced monitoring and automation solutions. As industries increasingly prioritize efficiency and data-driven decision-making, SAW devices are expected to play a vital role in facilitating these advancements, resulting in market growth.

Automotive:

The automotive industry is increasingly embracing Surface Acoustic Wave (SAW) technology for various applications, including infotainment systems, navigation, and advanced driver-assistance systems (ADAS). The growing emphasis on smart and connected vehicles is driving the demand for high-performance SAW components, particularly in electronic control units and communication systems. SAW sensors are being utilized for applications such as tire pressure monitoring and environmental sensing, enhancing vehicle safety and performance. As automotive manufacturers continue to innovate and integrate advanced technologies, the adoption of SAW devices is expected to rise significantly, contributing to the overall growth of the market.

By Distribution Channel

Direct Sales:

Direct sales channels are a prominent avenue in the Surface Acoustic Wave (SAW) market, enabling manufacturers to establish a direct relationship with their customers. This channel allows companies to offer customized solutions and tailored support to clients, particularly in industries with specific requirements such as telecommunications and defense. The direct sales approach fosters better communication and collaboration between the manufacturer and end-users, ensuring that customer needs are addressed efficiently. Additionally, the trend of vertical integration among manufacturers is further enhancing the effectiveness of direct sales channels, as companies seek to streamline their operations and offer comprehensive solutions directly to their clientele.

Indirect Sales:

Indirect sales channels play a crucial role in the Surface Acoustic Wave (SAW) market, involving distributors, resellers, and partnerships to reach a broader customer base. These channels enable manufacturers to expand their market presence and access customers in various sectors without the need for establishing direct sales teams in every region. The increasing globalization of markets has further bolstered the significance of indirect sales, as companies leverage partnerships to tap into new markets and customer segments. Distributors often possess valuable local market knowledge and relationships, helping manufacturers effectively position their products and optimize their sales strategies in diverse environments.

By Technology

Surface Transverse Wave STW:

Surface Transverse Wave (STW) technology is an essential segment within the SAW market, characterized by its ability to generate waves that travel along the surface of a substrate. STW devices are known for their high sensitivity and precision, making them suitable for various applications, including sensors and filters. The growing demand for accurate measurement and detection capabilities across industries is driving the adoption of STW technology. Furthermore, ongoing research and development efforts are focused on enhancing the performance and miniaturization of STW devices, which is expected to catalyze their utilization in modern electronic applications.

Love Wave:

Love wave technology is another critical aspect of the Surface Acoustic Wave (SAW) market, known for its ability to propagate waves in a manner that enhances sensitivity, particularly in sensor applications. Love wave devices are often employed in biosensors, chemical sensors, and various industrial applications due to their ability to detect mass changes on the surface. The increasing focus on environmental monitoring and safety regulations is driving the demand for Love wave sensors, as they offer real-time monitoring capabilities. As research continues to advance in this area, the application range and effectiveness of Love wave devices are expected to expand, further contributing to market growth.

Rayleigh Wave:

Rayleigh wave technology forms a fundamental part of the Surface Acoustic Wave (SAW) market, characterized by its ability to propagate along the surface of a material while maintaining a significant amplitude. Rayleigh wave devices are widely used in filters and resonators, particularly in telecommunications and consumer electronics. The demand for Rayleigh wave technology is driven by the need for high-performance components that can withstand varying environmental conditions. As the telecommunications industry continues to evolve, with the rollout of 5G networks and increasing demands for capacity, the adoption of Rayleigh wave-based devices is expected to grow, supported by advancements in manufacturing techniques and materials.

Shear Horizontal Wave:

Shear Horizontal Wave technology is a less common but increasingly relevant segment of the Surface Acoustic Wave (SAW) market, utilized primarily in specialized sensor applications. Devices based on shear horizontal wave technology exhibit unique properties that make them suitable for detecting changes in mass or mechanical stress. This characteristic is particularly valuable in applications such as structural health monitoring, where early detection of potential issues can prevent catastrophic failures. The growing awareness of safety and maintenance in various industries is driving the demand for shear horizontal wave sensors, as they offer reliable performance in challenging environments. As technological innovations continue to unfold, the market for shear horizontal wave devices is anticipated to expand further.

By Region

The North American region currently dominates the Surface Acoustic Wave (SAW) market, accounting for a considerable share of the overall market revenue. The presence of leading telecommunications companies and advanced electronic manufacturers in the region significantly contributes to the high demand for SAW devices, particularly filters and resonators. With a strong focus on technological innovations and investments in 5G infrastructure, the North American market is projected to witness a CAGR of around 9.2% during the forecast period. Additionally, the increasing integration of SAW technology in automotive applications further augments market growth, reflecting the region's commitment to developing next-generation electronic solutions.

Europe follows closely behind North America in the Surface Acoustic Wave (SAW) market, driven by growing investments in research and development of communication technologies. As the region emphasizes the deployment of 5G networks and advanced telecommunications infrastructure, the demand for SAW devices is expected to rise. The automotive sector in Europe is also witnessing a transformation, with an increasing focus on electric and connected vehicles, heightening the need for reliable SAW components. The Asia Pacific region is projected to exhibit significant growth, propelled by the rapid industrialization and urbanization in countries like China and India. As manufacturing and electronics sectors expand, the demand for SAW technology is set to increase, positioning the Asia Pacific region as a major player in the global SAW market.

Opportunities

The Surface Acoustic Wave (SAW) market presents numerous opportunities driven by evolving technologies and market demands. One of the most significant growth opportunities lies in the integration of SAW devices into emerging applications, particularly in the fields of IoT and smart devices. As industries increasingly adopt connected technologies, the need for efficient and reliable communication between devices is paramount. SAW components, known for their high-frequency performance and compact size, are well-positioned to support the communication needs of IoT ecosystems. Companies that can innovate and develop SAW solutions tailored for smart applications will likely capture significant market share. Furthermore, collaboration with technology partners to create integrated solutions will enhance competitive advantage and drive further growth in this sector.

Another promising opportunity in the SAW market stems from the healthcare sector's increasing reliance on advanced diagnostic and monitoring technologies. As the demand for precision medicine and real-time patient monitoring rises, SAW-based sensors and devices can play a crucial role in detecting health conditions with high sensitivity. The ongoing research into innovative applications of SAW technology in biomedical fields offers a lucrative avenue for market participants. By investing in R&D and developing cutting-edge SAW solutions for healthcare applications, companies can unlock new revenue streams and drive long-term growth. Additionally, regulatory approvals and certifications for SAW devices in medical applications will enhance market opportunities and facilitate wider adoption in the healthcare industry.

Threats

Despite the promising outlook for the Surface Acoustic Wave (SAW) market, several threats could hinder its growth. One of the primary challenges is the rapid pace of technological advancements in the electronics sector, leading to potential obsolescence of existing SAW devices. As new technologies emerge, such as optics-based sensors and alternative wave technologies, there could be a shift in demand from SAW devices to these innovative solutions. Additionally, the intense competition among manufacturers in terms of pricing and technological differentiation may put pressure on profit margins, impacting the overall market viability. To mitigate these threats, companies must continuously invest in research and development to stay ahead of technological trends and adapt to changing market demands.

Another significant threat facing the SAW market is the fluctuation in raw material prices and supply chain disruptions. The production of SAW devices relies on specific materials, and any volatility in the availability or pricing of these materials can adversely affect manufacturing costs and delivery schedules. Furthermore, the recent global supply chain challenges, exacerbated by events such as the COVID-19 pandemic, have highlighted the vulnerabilities within the electronics supply chain. Companies must adopt strategic measures to diversify their supply sources and implement risk management strategies to navigate these challenges effectively. By doing so, they can ensure continuity in production and maintain competitiveness in the evolving SAW market landscape.

Competitor Outlook

• Texas Instruments
• Broadcom Inc.
• Murata Manufacturing Co., Ltd.
• Qualcomm Technologies, Inc.
• Qorvo, Inc.
• Skyworks Solutions, Inc.
• STMicroelectronics N.V.
• Infineon Technologies AG
• FILTERTEK
• Renesas Electronics Corporation
• Bourns, Inc.
• Vishay Intertechnology, Inc.
• AVX Corporation
• TE Connectivity Ltd.
• EPCOS AG (TDK Corporation)

The competitive landscape of the Surface Acoustic Wave (SAW) sales market is characterized by a mix of established players and emerging companies that are striving to innovate and capture market share. Major corporations such as Texas Instruments and Broadcom hold significant positions, leveraging their extensive research and development capabilities to create advanced SAW components. These companies have established strong brand recognition and extensive distribution networks, allowing them to maintain a competitive edge in the market. Additionally, players like Murata Manufacturing and Qualcomm are making strides in developing new applications for SAW technology, particularly in the telecommunications and automotive sectors. The competitive environment is further intensified by the influx of new entrants that are focusing on niche applications, fostering innovation and driving growth within the industry.

As the market evolves, several key companies are making substantial contributions to the advancements in SAW technology. For instance, Qorvo and Skyworks Solutions are at the forefront of developing high-performance SAW filters for 5G applications, catering to the growing demand for efficient communication systems. Their efforts in miniaturization and integration of SAW components into compact solutions showcase their commitment to meeting the evolving needs of customers. Meanwhile, STMicroelectronics and Infineon Technologies are focusing on expanding their product portfolios to include diverse SAW applications beyond telecommunications, targeting sectors such as automotive and industrial automation. This diversification strategy is essential for sustaining growth and mitigating market risks.

Furthermore, companies like Renesas Electronics and Bourns are leveraging strategic partnerships and collaborations to enhance their product offerings and expand their market reach. By aligning with technology partners and customers, these companies can gain valuable insights into market trends and customer preferences, allowing them to tailor their products accordingly. The competitive landscape will continue to shift as companies adapt to emerging trends and technological advancements, emphasizing the importance of continuous innovation and responsiveness to market dynamics. Overall, the SAW market presents a dynamic environment where established leaders and agile newcomers will play pivotal roles in shaping its future trajectory.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 FILTERTEK
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Qorvo, Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Bourns, Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Broadcom Inc.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 AVX Corporation
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Texas Instruments
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 TE Connectivity Ltd.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 STMicroelectronics N.V.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Infineon Technologies AG
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Skyworks Solutions, Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 EPCOS AG (TDK Corporation)
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Qualcomm Technologies, Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Vishay Intertechnology, Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Murata Manufacturing Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Renesas Electronics Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Surface Acoustic Wave SAW Sales Market, By Technology
    • 6.1.1 Surface Transverse Wave STW
    • 6.1.2 Love Wave
    • 6.1.3 Rayleigh Wave
    • 6.1.4 Shear Horizontal Wave
  • 6.2 Surface Acoustic Wave SAW Sales Market, By Application
    • 6.2.1 Telecommunications
    • 6.2.2 Military and Defense
    • 6.2.3 Healthcare
    • 6.2.4 Industrial
    • 6.2.5 Automotive
  • 6.3 Surface Acoustic Wave SAW Sales Market, By Product Type
    • 6.3.1 Filters
    • 6.3.2 Resonators
    • 6.3.3 Transducers
    • 6.3.4 Oscillators
    • 6.3.5 Sensors
  • 6.4 Surface Acoustic Wave SAW Sales Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Indirect Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Surface Acoustic Wave SAW Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Surface Acoustic Wave SAW Sales market is categorized based on

By Product Type

• Filters
• Resonators
• Transducers
• Oscillators
• Sensors

By Application

• Telecommunications
• Military and Defense
• Healthcare
• Industrial
• Automotive

By Distribution Channel

• Direct Sales
• Indirect Sales

By Technology

• Surface Transverse Wave STW
• Love Wave
• Rayleigh Wave
• Shear Horizontal Wave

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Texas Instruments
• Broadcom Inc.
• Murata Manufacturing Co., Ltd.
• Qualcomm Technologies, Inc.
• Qorvo, Inc.
• Skyworks Solutions, Inc.
• STMicroelectronics N.V.
• Infineon Technologies AG
• FILTERTEK
• Renesas Electronics Corporation
• Bourns, Inc.
• Vishay Intertechnology, Inc.
• AVX Corporation
• TE Connectivity Ltd.
• EPCOS AG (TDK Corporation)