Global Acoustic Wave Sensor Market - Forecasts From 2019 To 2024

Description

Acoustic waves which are also termed as sound waves are longitudinal waves which disseminate through adiabatic compression and decompression. The acoustic waves are differentiated on account of their velocities and displacement directions. The acoustic wave sensors are sensors which can detect the acoustic waves and hence these are being used commercially for many years. One of the primary end user industries of these devices is telecommunications industry which employs numerous acoustic wave filters annually mainly for base stations and mobile cell phones. Moreover, these can also used for automotive applications as torque and tire pressure sensors, in medical and chemical applications and for industrial and commercial applications in order to detect humidity, vapour and temperature. The global market for acoustic wave sensors is being driven by the adoption of sophisticated technologies to be used for sensing applications. Moreover, the advantages offered by acoustic wave sensors over older technologies in terms of their low manufacturing cost and wireless operations also impact the market growth significantly. Furthermore, expansion of end use industries such as automobile, consumer electronics and medical can also fuel the market growth. These sensors are also being adopted in surveillance and security. However, the less compatibility of acoustic wave sensors with other products can restrain the market growth. Geographically stating, on account of their sophisticated technology, low cost of manufacturing and wireless nature, the acoustic wave sensors are being largely adopted in North America region. Moreover, expansion of automobile industry in the Asia Pacific is also driving the growth of acoustic wave sensor market in the region.

Research Methodology

Firstly, the report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.

Market Dynamics

Next, the section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Acoustic Wave Sensor. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.

Segmentation

Thirdly, Acoustic Wave Sensor Market has been segmented on the basis of propagation, end use industry and geography as follows:

By propagation

Bulk Acoustic Wave Sensors

Shear-horizontal Acoustic plate mode sensors

Thickness shear mode resonators

Surface Acoustic Wave Sensor

Shear-horizontal surface Acoustic Wave Sensors

Rayleigh Surface Wave Sensors

By End Use Industry

Industrial

Military

Automobile

Food and Beverage

Healthcare

Others

Global Acoustic Wave Sensor Market Forecast by Geography (US$ billion)

North America

U.S.

Canada

Mexico

Others

South America

Brazil

Argentina

Others

Europe

UK

Germany

France

Italy

Others

Middle East and Africa

Saudi Arabia

UAE

Israel

Others

Asia-Pacific

Japan

China

India

Australia

South Korea

Others

Market Players

Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Hawk Measurement Systems, NanoTemper Technologies, and pro-micron GmbH & Co. KGlc among others