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 Attribute | Details |
| No. of Pages | 590 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $643.7 Million |
| Forecasted Market Value (USD) by 2030 | $1300 Million |
| Compound Annual Growth Rate | 9.2% |
| Regions Covered | Global |
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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