According to the recent study the acoustic wave sensor market is projected to grow at a CAGR of 10% to 12% from 2020 to 2025. Growth in this market is primarily driven by increasing number of applications of acoustic wave sensor across different industry verticals along with their higher sensitivity, outstanding stability, rugged compact structure, and extremely small size properties. Also, the low cost of acoustic wave sensor is another factor that drives the growth of the market.
Browse XX figures /
charts and XX tables in this 150 -page report to understand trends,
opportunities and forecast in acoustic wave sensor market by product type
(surface acoustic wave sensor and bulk acoustic wave sensor), device
(resonators and delay lines), sensing parameter (temperature, pressure,
humidity, and others), end use industry (military, automotive, industrial,
healthcare, food & beverages, environmental, and others), and region (North
America, Europe, Asia Pacific (APAC), and Rest of the World (ROW)).
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“Surface acoustic wave sensor market is
expected to remain the largest segment during the forecast period.”
Based on product type,
the acoustic wave sensor market is segmented into surface acoustic wave sensor
and bulk acoustic wave sensor. Lucintel forecasts that the surface acoustic
wave sensor market is expected to remain the largest segment due to as it is used
to sense the occurrence of any change in frequency of various parameters, such
as temperature, pressure, torque, chemical vapors, and so on.
“Within the acoustic wave sensor market, the resonators segment is
expected to remain the largest device.”
Based on device the resonators
segment is expected to witness the highest growth over the forecast period due
to because they use the vibration of piezoelectric materials and employ
acoustic waves generated to high frequency circuits.
“North America will dominate the acoustic wave sensor market in
near future.”
North America will
remain the largest region over the forecast period due to technological
advancements and growth of the military industry.
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Major players of acoustic wave sensor market are adopting various
growth strategies like new product launches, expansions, merger and
acquisitions, partnerships, agreements, and collaborations to expand their
presence in this market. Honeywell International, Siemens, Burkert, GE Sensing,
Pro-micron, IntelliSAW, Mercury United Electronics, and Boston Piezo Optics are
among the major acoustic wave sensor providers.
This unique research report will enable you to make confident business
decisions in this globally competitive marketplace. For a detailed table of
contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/acoustic-wave-sensor-market.aspx or helpdesk@lucintel.com.
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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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