The industrial application segment is expected to be the primary application of the acoustic wave sensors market.
Albany, NY -- (SBWIRE) -- 02/21/2017 -- Global Acoustic Wave Sensor (SAW and BAW) Market: General Outline
The global acoustic wave sensors market is expected to grow at a considerable rate due to its competitive edge over other technologies. Acoustic wave sensors have various applications in automotive, industrial, and other industries. Acoustic wave sensors are gradually replacing conventional sensors, and are being extensively used in variety of applications such as industrial, consumer electronics, healthcare, automotive, military, and aerospace.
The research study is projected at identifying emerging trends and opportunities in the global acoustic wave sensor market. The research study also includes a comprehensive segmentation of the global acoustic wave sensor market, on the basis of application, and geography.
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Global Acoustic Wave Sensor (SAW and BAW) Market: Segment Analysis
The global acoustic wave sensor (SAW and BAW) market is segmented into two major categories; based on technology, surface acoustic wave sensors and bulk acoustic wave sensors. On the basis of sensing parameter, the market is segmented into temperature, pressure, mass, viscosity, torque, chemical vapor, humidity, and others. The market is also segmented by application into automotive, military and aerospace, consumer electronics, healthcare, industrial, and others.
The industrial application segment is expected to be the primary application of the acoustic wave sensors market. Due to their wireless and passive nature, they are well suited for rotating components. With a growing number of applications of these sensors such as emission control, tyre pressure monitoring, and torque measurement –the automotive segment accounts for the second largest application segment.
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The healthcare industry is another key emerging segment for the acoustic wave sensors market. The demand for reliable, high performance, and low cost sensors is increasing, thereby leading to the expansion of new technologies such as nanotechnology, and micro technology, offering opportunities like low power consumption, mass production, and miniaturization.
The market is further segmented on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World. The European region commands the largest share of the global market. Safety related mandates in North America and Europe are also driving the growth of sensors in the automotive industry.
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Global Acoustic Wave Sensor (SAW and BAW) Market: Trends and Prospects
The market is driven by factors such as the growing automotive industry. In addition to this, low manufacturing cost is expected to act as driver for the global acoustic wave sensor market. The growing NANO technology applications and wireless connectivity advancements in information technology and telecom sectors is serving as an opportunity, fuelling the growth of the global acoustic wave sensor market. On the other hand, due to their replaceable nature, the growth of the global acoustic wave sensors market is restricted.
Global Acoustic Wave Sensor (SAW and BAW) Market: Key Players
The key players in the global acoustic wave sensor (SAW and BAW) market include Ceramtec, CTS Corporation, EPCOS, Epson Toyocom, Murata Manufacturing Co. Ltd., Raltron Electronics Corporation, Shoulder Electronics Ltd., and Triquint Semiconductor Inc.
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