Global Acoustic Sensors Market
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Global Acoustic Sensors Market is expected to reach USD XXXX Million by 2024 from USD XXX Million in 2017 at a CAGR of 18% (Detailed analysis of the market CAGR is provided in the report).
Global Acoustic Sensors Market
Acoustic sensors are electronic devices that can measure sound and frequency levels. These devices employ acoustic waves as a mechanism to detect pressure, temperature, mass, torque, humidity, viscosity and chemical vapor.
The global acoustic sensor market is witnessing an advancement in technologies and inflow of investment throughout the world. Thanks to its high sensitivity and capabilities for wireless operations, it has wide range of applications. Last two years have seen the significant rise in adoption of bulk acoustic wave (BAW) sensors due to its increased use in consumer electronics, smartphones and laptops.
Growth in end user industries like telecom and similar gadgets are driving the global acoustic sensor market. Micro electrical mechanical system (MEMS) is one of the disruptive technologies in the decade has a potential to revolutionize the industrial and consumer products with the combination of silicon-based microelectronics with the micromachining technology.
Analysis of recent product launches and key developments in the industry have revealed that consumer electronics and automotive sector are expected to dominate the market in forecast period. Temperature, pressure and torque segments are expected to witness stronger growth in second half of forecast period than in first half due to decline in prices.
The report has analyzed the challenges by region that include wireless sensors, and traditional routing protocols.
Global Acoustic Sensors Market is majorly segmented by material, types, and sensing parameter. By material, the market is segmented as Quartz, Lithium Tantalate, Lithium Niobate, Gallium Arsenide, Silicon Carbide, Langasite, Zinc Oxide, Aluminum Nitride, Lead Zirconium Titanate, and Polyvinylidene Flouride. The market is segmented by types, which includes Surface Wave and Bulk Wave acoustic sensors. Under this, surface wave acoustic sensor is expected to hold highest market share in the forecast period due to their implementation in television transmitters and radios to generate signals for broadcasting will provide opportunity in the years to come. The Acoustic Sensors are also segmented by sensing parameters, which include Pressure, Temperature, Mass, Torque, Humidity, Viscosity, Chemical Vapor, and Others.
Geographically, the Acoustic Sensors Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to be the largest market for Acoustic Sensors market during the forecast period due to the presence of prominent system suppliers, large semiconductor companies and sensor manufacturers. Asia-Pacific is projected to be the fastest growing market for Acoustic Sensors.
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Last Update : 13 December 2019
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