Future Market Insights has announced the addition of the “Sound Sensor Market: Global Industry Analysis and Opportunity Assessment 2015-2025" report to their offering.
London, UK -- (SBWIRE) -- 08/20/2015 -- A sensor is a device used to measure or sense the surroundings and convert this information into a digital or analogue data signal, which can be easily interpreted by computer or other observer. Sound sensor is called as acoustic sensor that can measure sound levels which is difficult for human ears to catch.
Sound Sensor Market: Drivers and Restraints
Global sound sensor market is expected to grow rapidly during the period of forecast. At present, temperature, torque, pressure and viscosity sensors are the most popular sensors and have reached the stage of complete commercialization, however as per our analysis sound sensor market is expected to witness healthy growth over the period of forecast because of increasing application development. Increasing demand of reliable, high performance and low cost sensors have encouraged development of latest technologies like nanotechnology and micro technology which helped in creating significant opportunities such as miniaturization and mass production. Furthermore, factors which are driving the growth of global sound sensor market are technological developments, low manufacturing cost, growing inclination towards telecommunication market and growth in various application segments. On the other hand, concern regarding replacement of surface acoustic wave sensors by other sensors in conventional application and low mass sensitivity are the major restraining factor for the growth of global sound sensor market. However, advancement of wireless connectivity in information technology and telecom have expected to create great opportunity for the growth of sound sensor market in future.
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Sound Sensor Market: Segmentation
Global sound sensor market is segmented on the basis of types, application and sensing parameters. On the basis of types, the global sound sensor market can be segmented into surface acoustic wave (SAW) sensor and bulk acoustic wave (BAW) sensor.
On the basis of application, the global sound sensor market can be segmented into various industries such as consumer electronics, automotive, healthcare, aerospace & defence and industrial. In the past few years, growth in automotive industry have boosted the growth of sound sensor market because of increasing concern for safety among vehicle manufacturers. Automotive industry is expected to remain largest market for sound sensor application throughout the forecast period as well as in coming years, many market players are expected to enter in this market. New application development expected to encourage the growth of healthcare market during the forecast period.
On the basis of sensing parameters, the global sound sensor market can be segmented into temperature, torque, pressure, mass, humidity, viscosity and chemical vapour.
Sound Sensor Market: Region wise outlook
Global sound sensor market can be segmented into seven regions which includes, North America, Latin America, Western Europe, Asia-Pacific excluding Japan, Eastern Europe, Japan as a separate region and Middle East & Africa. Out of all these regions, North America region held largest market share global sound sensor market and expected to lead the market during the period of forecast. , Western Europe region is leading the market in terms of revenue generation as most of the acoustic wave sensor manufacturers are located there. However, Asia-Pacific region is expected to grow rapidly during the period of forecast because of growing applications across various industries primarily in automotive industry.
Sound Sensor Market: Key Players
Key players in global sound sensor market are CTS Corporation, Boston Piezo-optics INC., Honeywell International Inc., Panasonic Corporation, Teledyne Microwave Solutions, API Technologies Corp, CeramTec, Phonon Corporation, Epson Toyocom Corporation and Vectron International among others. These players are expected to dominate the global market over the forecast period. They are focusing more on manufacturing of application specific sound sensors and low cost manufacturing in order to gain competitive advantage.
The report covers exhaustive analysis on:
Sound Sensor Market Segments
Sound Sensor Market Dynamics
Historical Actual Market Size, 2012 - 2014
Sound Sensor Market Size & Forecast 2015 to 2025
Supply & Demand Value Chain
Sound Sensor Market Current Trends/Issues/Challenges
Competition & Companies involved
Sound Sensor Market Drivers and Restraints
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Regional analysis for Sound Sensor Market includes:
US & Canada
Brazil, Argentina & Others
Australia and New Zealand (ANZ)
Rest of Asia Pacific
Middle East and Africa
Other Middle East