The global Acoustic Wave Sensor market was valued at US$ 454.1 million in 2020 and it is expected to reach US$ 707.2 million by the end of 2027, growing at a CAGR of 6.1% during 2021-2027.
Acoustic Wave Sensors are a class of microelectromechanical systems (MEMS) which rely on the modulation of surface acoustic waves to sense a physical phenomenon. The sensor transduces an input electrical signal into a mechanical wave which, unlike an electrical signal, can be easily influenced by physical phenomena. The device then transduces this wave back into an electrical signal. Changes in amplitude, phase, frequency, or time-delay between the input and output electrical signals can be used to measure the presence of the desired phenomenon.
The industrial vertical held the largest share of the acoustic wave sensor market in 2017 as it involves the largest use of sensors. The automotive vertical held the second-largest market share in 2017. This dominance is attributed to the use of acoustic wave sensors for the security and surveillance applications in these verticals. For instance, pressure sensors are built into tires of cars to wirelessly transmit the pressure data to the driver of the vehicle. This helps prevent accidents caused by tire burst by warning the driver about low tire pressure.
Global Acoustic Wave Sensor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Acoustic Wave Sensor Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Althen GmbH Mess- Und Sensortechnik, Nanotemper Technologies, H. Heinz Mebwiderstande, Transense Technologies, Pro-Micron, Vectron, Qualtre, Senseor Sas, Sensor Technology, Hawk Measurement Systems, Abracon, Boston Piezo-Optics, Stmicroelectronics, Precision Acoustics, Sensanna Incorporated and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-acoustic-wave-sensor-market-outlook
Segment by Type
- Surface Acoustic Wave(SAW) Sensor
- Bulk Acoustic Wave(BAW) Sensor
Segment by Application
- Food and Beverages
Table of Content:
1 Acoustic Wave Sensor Market Overview
2 Acoustic Wave Sensor Market Competition by Manufacturers
3 Acoustic Wave Sensor Retrospective Market Scenario by Region
4 Global Acoustic Wave Sensor Historic Market Analysis by Type
5 Global Acoustic Wave Sensor Historic Market Analysis by Application
6 Key Companies Profiled
7 Acoustic Wave Sensor Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Acoustic Wave Sensor Market Dynamics
10 Global Acoustic Wave Sensor Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.