DUBLIN--(BUSINESS WIRE)--The "Acoustic Wave Sensor - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Acoustic Wave Sensor market worldwide is projected to grow by US$508.6 Million, driven by a compounded growth of 10.4%.
Surface Acoustic Wave (SAW) Sensor, one of the segments analyzed and sized in this study, displays the potential to grow at over 11.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$558.7 Million by the year 2025, Surface Acoustic Wave (SAW) Sensor will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 9.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$20.5 Million to the region's size and clout in the next 5 to 6 years. Over US$16.6 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Surface Acoustic Wave (SAW) Sensor will reach a market size of US$27.9 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 13.6% over the next couple of years and add approximately US$122.5 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- ALTHEN GmbH Mess- und Sensortechnik
- Boston Piezo-Optics Inc.
- Hawk Measurement Systems
- Precision Acoustics Ltd.
- Pro-Micron GmbH & Co. KG
- Qualtre, Inc.
- SenSanna Incorporated
- Sensor Technology Ltd.
- STMicroelectronics NV
- Transense Technologies PLC
- Vectron International, Inc.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Acoustic Wave Sensor: An Introductory Prelude
- Growing Use Case Across Various Application Verticals
- Unique Capability to Comply with Numerous Sensing Parameters Steers Market Adoption
- Ongoing Proliferation of Industry 4.0 & IIoT Set to Alter Market Dynamics
- Progressive Trend in World Sensors Industry Creates Fertile Environment
- Global Competitor Market Shares
- Acoustic Wave Sensor Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Demand for Surface and Bulk Acoustic Wave Sensors Remains Robust
- Surface Acoustic Wave (SAW) Sensor: The Widely Used Technology Type
- Bulk Acoustic Wave (BAW) Sensors Remain in Contention
- Thickness Shear Mode (TSM/QCM) Resonator & Shear-Horizontal Acoustic Plate Mode (SH-APM) Sensor: Two Popular BAW Technologies
- Acoustic Wave Resonators-Based Sensors Acknowledged as Highly-Sensitive Transducers
- Acoustic Wave Delay Lines Sensors Fully Suitable for Microwave Applications
- Telecommunication: Established End-Use Vertical
- Wide Use Case in Automotive Applications
- Robust Opportunities in POC Diagnostics
- Highly Convenient Monitoring of Critical Electrical Assets
- Chemicals Sensing Made Effortless with Acoustic Wave Sensors
- Future-Proof Flow Detection with Acoustic Wave Sensors
- Technology Advancement: Multiplexing Technology to Improve Functional Capabilities
- PRODUCT OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- US Acoustic Wave Sensor Market Share (in %) by Company: 2019 & 2025
Market Facts & Figures
European Acoustic Wave Sensor Market: Competitor Market Share Scenario (in %) for 2019 & 2025
REST OF EUROPE
REST OF ASIA-PACIFIC
REST OF LATIN AMERICA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/atnqbd