Surface Acoustic Wave Sensors - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Surface Acoustic Wave Sensors market is accounted for $537.01 million in 2018 and is expected to reach $1575.06 million by 2027 growing at a CAGR of 12.7% during the forecast period. Some of the key factors propelling the market growth are increasing demand for these sensors in security and surveillance industries and growing usage of SAW devices in communication technology and safety monitoring and defence application. However, requirement of several processes and technologies is the restraining factor for the growth of the market.
Surface acoustic wave sensors are a class of micro electromechanical 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.
By end user, automotive segment is expected to grow at the significant market share during the forecast period owing to various applications of these sensors such as pressure monitoring system, electronic power steering, combustion engine monitoring, and oil conditioning in the automobiles industry. On the basis of geography, North America is anticipated to hold considerable market share during the forecast period due to rising usage of these sensors in different applications and safety-related mandate for the automobile sector. With the increasing technological advancements in the region many industries are expected to take advantage of these sensors.
Some of the key players in Surface Acoustic Wave Sensors Market include API Technologies Corp, AVX Corporation, Boston Piezo-Optics Inc, Ceramtec, CTS Corporation, Honeywell International Inc, Murata Manufacturing Co Ltd, TDK Electronics AG, Teledyne Microwave Solutions, Vectron International (Microchip Technology Inc), Microsemi Corporation, WIKA Systems Schweiz AG, Panasonic Corp, Raltron Electronics Corporation and Epcos AG.
Sensing Parameters Covered:
• Surface Acoustic Wave
• Bulk Acoustic Wave
• Delay Line
Sensing Types Covered:
• Chemical Sensors
• Humidity Sensors
• Mass Sensors
• Pressure Sensors
• Temperature Sensors
• Torque Sensors
• Viscosity Sensors
• Other Sensors
End Users Covered:
• Aerospace and Defense
• Consumer Electronics
• Other End-Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.