Global Acoustic Wave Sensors Strategic Business Report 2023: Highly Convenient Monitoring of Critical Electrical Assets Drives Growth


Dublin, May 15, 2023 (GLOBE NEWSWIRE) -- The "Acoustic Wave Sensors: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Acoustic Wave Sensors estimated at US$643.7 Million in the year 2022, is projected to reach a revised size of US$1.3 Billion by 2030, growing at a CAGR of 9.1% over the analysis period 2022-2030.

Surface Acoustic Wave (SAW) Sensor, one of the segments analyzed in the report, is projected to record 8.5% CAGR and reach US$626.1 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Bulk Acoustic Wave (baw) Sensor segment is readjusted to a revised 9.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $188.2 Million, While China is Forecast to Grow at 13.2% CAGR

The Acoustic Wave Sensors market in the U.S. is estimated at US$188.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$222.4 Million by the year 2030 trailing a CAGR of 13.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 8.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.

Select Competitors (Total 35 Featured) -

  • Althen GmbH
  • Boston Piezo Optics Inc.
  • Christian Burkert GmbH & Co. KG
  • Campbell Scientific, Inc.
  • CTS Corporation
  • Dytran Instruments, Inc.
  • Electronic Sensor Technology Inc.
  • Hawk Measurement Systems
  • H. Heinz Mebwiderstande GmbH
  • ifm electronic GmbH
  • NanoTemper Technologies GmbH
  • Pro-micron GmbH
  • Qualtre Inc.
  • Senseor SAS
  • Sensor Technology Ltd.
  • Transense Technologies plc
  • Vectron International, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages590
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$643.7 Million
Forecasted Market Value (USD) by 2030$1300 Million
Compound Annual Growth Rate9.2%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • An Introduction to Acoustic Wave Sensors
  • Surface Acoustic Wave (SAW) Sensors
  • Bulk Acoustic Wave (BAW) Sensors
  • Acoustic Wave Sensors: Current Market Scenario and Outlook
  • Unique Capability to Comply with Numerous Sensing Parameters Steers Market Adoption
  • Progressive Trend in World Sensors Industry Creates Fertile Environment
  • World Sensors Market by End-Use Application (2020): Percentage Breakdown of Sales
  • Continuous Improvements to Benefit Sensor Technology
  • Microelectromechanical Systems (MEMS)
  • Market Structure
  • Distribution Plays a Pivotal Role
  • Dynamics in the Sensor Industry Closely Tied to Economic Scenario
  • Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
  • Competitive Structure
  • Industry Consolidation: A Perennial Trend
  • Acoustic Wave Sensors - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Ongoing Proliferation of Industry 4.0 & IIoT Set to Alter Market Dynamics
  • Surface and Bulk Acoustic Wave Sensors: A Comparative Review
  • 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
  • BAW Gyroscope Sensors: A Novel Technology with Tremendous Promise
  • 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
  • Global Passenger Cars Production (In Million Units) by Geographic Region/Country for the Years 2017, 2019, 2022
  • Autonomous Vehicles: Emerging Application Market
  • Autonomous Vehicles in 2043 (In Million Units)
  • Acoustic Wave Sensors in Industrial Manufacturing Market
  • High Growth Opportunities in Food & Beverage Industry
  • Global Sales of Processed Foods in US$ Billion for Years 2014, 2016, 2018 and 2020
  • Global Beverages Market in US$ Trillion for the Years 2018, 2020 & 2022
  • Healthcare: Robust Opportunities in POC Diagnostics
  • POC Tests for Respiratory Viruses
  • Growing Healthcare Services Industry: World Healthcare Expenditure (In US$ Trillion) for the Years 2016 & 2018
  • Per Capita Healthcare Expenditure (in $) by Select Countries for 2018
  • Consumer Electronics: Niche Application Sector
  • Highly Convenient Monitoring of Critical Electrical Assets
  • Military, Defense & Aerospace: Major Application Areas
  • Chemicals Sensing Made Effortless with Acoustic Wave Sensors
  • Future-Proof Flow Detection with Acoustic Wave Sensors
  • Temperature Measuring Made Convenient and Easier
  • Robust Opportunities in Torque Sensing
  • Technology Advancement: Multiplexing Technology to Improve Functional Capabilities

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/ahez78

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Global Market for Acoustic Wave Sensors

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