Global Acoustic Wave Sensor Market By Product (Surface Acoustic Wave Sensors and Bulk Acoustic Wave Sensors), By Device (Resonators and Delay Lines), By Sensing Parameter (Humidity, Pressure, Temperature, Chemical Vapor/Gas, Mass, Torque, Viscosity, and Others), By Vertical (Military, Food and Beverages, Automotive, Industrial, Healthcare, Environmental, and Others) Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2019-2025

Global Acoustic Wave Sensor market is estimated to reach $XX Million by 2025; growing at a CAGR of XX% till 2025.

Market Overview

Global Acoustic Wave Sensor market is estimated to reach $XX Million by 2025; growing at a CAGR of XX% till 2025. Acoustic waves are currently being used in an extensive range of sensor fields including physical sensing, bio-sensing, and chemical sensing. Their functioning requires specific knowledge of materials, acoustic wave properties, device design, and the sensing mechanisms encompassed for a wide range of applications. Acoustic wave sensors operate on the principle of acoustic wave technology. Acoustic Wave Sensors are used to convert an electrical signal into mechanical waves and is used in various fields such as signal processing, sensing, and others.

Global Acoustic Wave Sensor Market: Growth Factors

The growing concern toward security and surveillance in the automotive sector, the technological advancement in sensing technologies, and surging needs and growing adoption of acoustic wave sensors by various industries such as automobile, military, and healthcare are key factors propelling the market growth. However, compatibility of acoustic wave sensors with other products and the replacement of sensors in conventional technology by acoustic wave sensor are the major restraints for the market growth. Increasing investments in the wave sensor market for continued R&D and growing opportunities of product application across various industries and growing demand for acoustic wave sensors for security and surveillance across multiple industry verticals would provide lucrative opportunities for the market in the coming years.

Global Acoustic Wave Sensor Market: Segmentation

The global acoustic wave sensor market is segmented by product, device, sensing parameter, and vertical. The product segment is further bifurcated into surface acoustic wave sensors and bulk acoustic wave sensors. Among them, surface acoustic wave (SAW) sensors accounted for the majority of the share owing to the proficiency of SAW sensors to sense various parameters such as pressure, temperature, and humidity. By device, the market is categorized into resonators and delay lines. The resonators are the most used devices in the market as they are not altered by fluctuations in source and circuit voltage. Based on the sensing parameter, the market is classified into humidity, pressure, temperature, chemical vapor/gas, mass, torque, viscosity, and others. Among them, torque is expected to grow with the fastest CAGR over the forecast period. The high growth in the segment is expected due to the growing trend towards electrical power steering and condition-based maintenance in vehicles. By vertical the global acoustic wave sensor market is divided as military, food and beverages, automotive, industrial, healthcare, environmental, and others. The automotive sub-segment is likely to witness the fastest growth during the forecast period driven by the growing application of acoustic wave sensors in the combustion engine, electronic power steering, TPMS, and oil conditioning monitoring in the automotive industry.

Global Acoustic Wave Sensor Market: Regional Analysis

Based on geography, the global Acoustic Wave Sensor market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is segmented into South America, the Middle East, and Africa. Among all the regions, Asia-Pacific is expected to attain the fastest CAGR during the forecast period owing to the growing industrialization in emerging economies such as China and India and developed economy Japan. Besides, government initiatives and extensive industrial base in the region will surge demand for acoustic wave sensors market.

Global Acoustic Wave Sensor Market: Competitive Players

Key players operating in the market include AVX Corporation, CTS Corporation, Electronic Sensor Technology, General Electric, Honeywell International Inc., Kyocera Corporation, Siemens AG, SENSeOR Sas, Transense Technology plc, and Vectron International Inc., among others.

Acoustic Wave Sensor Market Key Segments:

By Product
  • Surface Acoustic Wave Sensors
  • Bulk Acoustic Wave Sensors
By Resonators
  • Resonators
  • Delay Lines
By Sensing Parameter
  • Humidity
  • Pressure
  • Temperature
  • Chemical Vapor/Gas
  • Mass
  • Torque
  • Viscosity
  • Others
By Vertical
  • Military
  • Food and Beverages
  • Automotive
  • Industrial
  • Healthcare
  • Environmental
  • Others
By Geography
  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • U.K
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Rest of the World
    • South America
    • Middle East
    • Africa

Table of Content 1. Introduction 1.1. Executive Summary 1.2. Market Definition 1.3. Market Scope 2. Research Methodology 2.1.1. Primary Research 2.1.2. Research Methodology 2.1.3. Assumptions & Exclusions 2.1.4. Secondary data sources 3. Market Overview 3.1. Report Segmentation & Scope 3.2. Key Market Trend 3.3. Drivers 3.3.1. The growing concern toward security and surveillance in the automotive sector 3.3.2. The technological advancement in sensing technologies 3.3.3. Surging needs and growing adoption of acoustic wave sensors by various industries such as automobile, military, and healthcare 3.4. Restraints 3.4.1. Compatibility of acoustic wave sensors with several products 3.4.2. Replacement of conventional sensors by acoustic wave sensor 3.5. Opportunity 3.5.1. Increasing investments in the wave sensor market and increasing opportunities across various industries 3.5.2. Growing demand for acoustic wave sensors for security and surveillance in various industry verticals 3.6. Porter’s Five Forces Analysis 3.6.1. Porter’s Five Forces Analysis 3.7. Market Share Analysis 4. Product Overview 4.1. Introduction 4.1.1. Market Size & Forecast 4.2. Surface Acoustic Wave Sensors 4.2.1. Market Size & Forecast 4.3. Bulk Acoustic Wave Sensors 4.3.1. Market Size & Forecast 5. Resonators Overview 5.1. Introduction 5.1.1. Market Size & Forecast 5.2. Resonators 5.2.1. Market Size & Forecast 5.3. Delay Lines 5.3.1. Market Size & Forecast 6. Sensing Parameter Overview 6.1. Introduction 6.1.1. Market Size & Forecast 6.2. Humidity 6.2.1. Market Size & Forecast 6.3. Pressure 6.3.1. Market Size & Forecast 6.4. Temperature 6.4.1. Market Size & Forecast 6.5. Chemical Vapor/Gas 6.5.1. Market Size & Forecast 6.6. Mass 6.6.1. Market Size & Forecast 6.7. Torque 6.7.1. Market Size & Forecast 6.8. Viscosity 6.8.1. Market Size & Forecast 6.9. Others 6.9.1. Market Size & Forecast 7. Vertical Overview 7.1. Introduction 7.1.1. Market Size & Forecast 7.2. Military 7.2.1. Market Size & Forecast 7.3. Food and Beverages 7.3.1. Market Size & Forecast 7.4. Automotive 7.4.1. Market Size & Forecast 7.5. Industrial 7.5.1. Market Size & Forecast 7.6. Healthcare 7.6.1. Market Size & Forecast 7.7. Environmental 7.7.1. Market Size & Forecast 7.8. Others 7.8.1. Market Size & Forecast 8. Regional Overview 8.1. Introduction 8.1.1. Market Size & Forecast 8.2. North America 8.2.1. North America Market Size & Forecast, By Country 8.2.2. North America Market Size & Forecast, By Product 8.2.3. North America Market Size & Forecast, By Resonators 8.2.4. North America Market Size & Forecast, By Sensing Parameter 8.2.5. North America Market Size & Forecast, By Vertical 8.2.6. North America Market Size & Forecast, By undefined 8.2.7. U.S. 8.2.7.1. Market Size and Forecast 8.2.8. Canada 8.2.8.1. Market Size and Forecast 8.2.9. Mexico 8.2.9.1. Market Size and Forecast 8.3. Europe 8.3.1. Europe Market Size & Forecast, By Country 8.3.2. Europe Market Size & Forecast, By Product 8.3.3. Europe Market Size & Forecast, By Resonators 8.3.4. Europe Market Size & Forecast, By Sensing Parameter 8.3.5. Europe Market Size & Forecast, By Vertical 8.3.6. Germany 8.3.6.1. Market Size and Forecast 8.3.7. France 8.3.7.1. Market Size and Forecast 8.3.8. UK 8.3.8.1. Market Size and Forecast 8.3.9. Italy 8.3.9.1. Market Size and Forecast 8.3.10. Spain 8.3.10.1. Market Size and Forecast 8.3.11. Rest of Europe 8.3.11.1. Market Size and Forecast 8.4. Asia-Pacific 8.4.1. Asia-Pacific Market Size & Forecast, By Country 8.4.2. Asia-Pacific Market Size & Forecast, By Product 8.4.3. Asia-Pacific Market Size & Forecast, By Resonators 8.4.4. Asia-Pacific Market Size & Forecast, By Sensing Parameter 8.4.5. Asia-Pacific Market Size & Forecast, By Vertical 8.4.6. Japan 8.4.6.1. Market Size and Forecast 8.4.7. China 8.4.7.1. Market Size and Forecast 8.4.8. Australia 8.4.8.1. Market Size and Forecast 8.4.9. India 8.4.9.1. Market Size and Forecast 8.4.10. South Korea 8.4.10.1. Market Size and Forecast 8.4.11. Rest of Asia-Pacific 8.4.11.1. Market Size and Forecast 8.5. Rest of the World 8.5.1. Rest of the World Market Size & Forecast, By Country 8.5.2. Rest of the World Market Size & Forecast, By Product 8.5.3. Rest of the World Market Size & Forecast, By Resonators 8.5.4. Rest of the World Market Size & Forecast, By Sensing Parameter 8.5.5. Rest of the World Market Size & Forecast, By Vertical 8.5.6. South America 8.5.6.1. Market Size and Forecast 8.5.7. Middle East 8.5.7.1. Market Size and Forecast 8.5.8. Africa 8.5.8.1. Market Size and Forecast 9. Company Profile 9.1. AVX Corporation 9.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 9.1.2. AVX Corporation Product Category, Application, and Specification 9.1.3. AVX Corporation Financial Performance (2016-2018) 9.1.4. Main Business/Business Overview 9.2. CTS Corporation 9.3. Electronic Sensor Technology 9.4. General Electric 9.5. Honeywell International Inc. 9.6. Kyocera Corporation 9.7. Siemens AG 9.8. SENSeOR Sas 9.9. Transense Technology plc 9.10. Vectron International Inc.

Key Market Players
  • AVX Corporation
  • CTS Corporation
  • Electronic Sensor Technology
  • General Electric
  • Honeywell International Inc.
  • Kyocera Corporation
  • Siemens AG
  • SENSeOR Sas
  • Transense Technology plc
  • Vectron International Inc.

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Report Highlights:

Complete overview of market
Major drivers, restrain, opportunities, and challenges of the market
Market Trends and how they are boosting the market growth
Changing dynamics in the Market
Complete overview of the market
Historical, Base year, projected, and current market size in terms of value and volume
COVID-19 Impact analysis of the market
Current industry trends and developments

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