Global Acoustic Wave Sensors in Consumer Electronics Market
- Report Code: AC 1005
- Publish Date: Upcoming
Acoustic wave sensors are expected to show good growth across different application segments due to their competitive advantages over the other technologies. As of now, temperature, pressure, torque, and viscosity sensors are the only ones to have reached complete commercialization but we predict a healthy growth of the other sensors as well in future as more applications of acoustic wave sensors get realized in the years to come. Acoustic wave temperature and pressure sensors are increasingly used in automotive and industrial applications with some applications of torque sensors as well.
Acoustic wave technology is being used in consumer electronics products such as filters, duplexer, etc. for signal processing applications such as radio frequency (RF) and intermediate frequency (IF) filtering but acoustic wave sensors are rarely used for measuring the other physical parameters like temperature, pressure, touch, etc. The working environment of consumer electronics sensors is fairly moderate where in technologies like SI sensors, capacitive, and piezoresistive can fit in leaving very less scope for acoustic wave sensor to penetrate. Though the costs of acoustic wave sensors are comparable with existing sensor technologies used in consumer electronics, high competition is one of the hurdles that is very difficult to overcome to achieve economies of scale during forecasted period.
The market was valued at $6 million in 2012 and is expected to reach $20 million in 2018, at an estimated CAGR of 23.1% from 2013 to 2018. Europe commanded the largest share in 2012 with a market size of $2.5 million. This market is expected to reach $6 million by 2018, at an estimated CAGR of 16.5% from 2013 to 2018. APAC currently holds a market of $1.5 million and is expected to reach $8.5 million in 2018 at an estimated CAGR of 36.6% from 2013 to 2018.
Low manufacturing cost and further reduction in prices of these sensors throughout the forecasted period will be amongst the strong factors for increasing their consumption in fast growing application like automotives and healthcare. Europe leads in terms of revenue generation with most of the acoustic wave device manufacturers based there. The fastest growth is expected from APAC which offers great potential for acoustic wave sensors for various applications especially automotives and industrial segment.
Customization Options:
With Market data, you can also customize MMM’s assessments that meet your Company’s specific needs. Customize to get comprehensive industry standard and deep dive analysis of the following parameters:
Product Analysis
- Usage pattern (in-depth trend analysis) of products (Segment wise)
- Application Matrix which gives a detailed comparison of product portfolio of each company mapped at country and sub segment level
- End-user Adoption rate analysis of the products (Segment wise and Country wise)
- Comprehensive coverage of Product approvals, Pipeline products and Product recalls
Material Data
- Faucets, soap dispensers, trash cans, hand dryers, paper towel dispenser, and flushes.
Comparative Analysis
- Market data of top companies
- Key developments of top companies
Please fill in the form below to receive a free copy of the Summary of this Report
Please visit http://www.micromarketmonitor.com/custom-research-services.html to specify your custom Research Requirement
