Acoustic Sensor Market (By Wave Type: Surface Wave [FPW Sensors, STW Sensors, Rayleigh Surface Wave Sensors], Bulk Wave [SH-APM Sensor, TSM Sensor]; By Sensing Parameter: Pressure, Temperature, Humidity, Weight, Viscosity, Torque, Others; By End-use Industry: Consumer Electronics, Automotive, Aerospace, Industrial, Healthcare, Defense, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Semiconductor and Electronics | Delivery Format : PDF | Status: Published | Pages : 160

Introduction

The global acoustic sensor market is projected to worth $2,345.3 Million by 2026 and the market is projected to showcase 17.4% CAGR during the forecast period. The acoustic sensor market is driven by the huge adoption of acoustic sensing technology in the automotive industry for safety concerns.

Market Dynamics

The rapid technological advancement in sensor technologies and wider application of acoustic sensors in consumer electronics are the major factors driving the growth of the Acoustic sensor market. Also, an increase in government initiatives and a rise in investment on research and development activities by manufacturers are the factors bolstering the growth of the global acoustic sensor market.

Market Insights

The evolution of acoustic sensing technologies and rise in adoption of the acoustic sensor in the automotive sector will create new opportunities for manufacturers in the global acoustic sensor market.For instance, Frauscher Sensortechnik, which is an Austrian company has launched distributed acoustic sensing technology into its rail detection technologies product range in order to expand its business globally.

Market Classification

The global acoustic sensor market is segmented into wave type, sensing parameter, end-use industry, and region. On the basis of wave type, the global acoustic sensor market is segmented into surface wave and bulk wave. The surface wave segment is further bifurcated into FPW Sensors, STW Sensors, and Rayleigh Surface Wave Sensors. Also, the bulk wave segment is further segmented into SH-APM sensor and TSM sensor. On the basis of sensing parameter, the global acoustic sensor market is segmented into pressure, humidity, temperature, weight, viscosity, torque, and others. On the basis of the end-use industry, the global acoustic sensor market is segmented into consumer electronics, aerospace, automotive, defense, industrial, healthcare, and others. On the basis of region, the global acoustic sensor market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Based on wave type, the global acoustic sensor market can majorly be segmented into two sub-segments, which are surface wave and bulk wave. The bulk wave segment is expected to dominate the global acoustic sensor market. In bulk acoustic wave (BAW) sensors, the acoustic wave travels through the bulk of the piezoelectric substrate.

Regional Insights

The Asia Pacific is expected to dominate the global acoustic market owing to the extensive adoption of acoustic sensor products in the automotive and consumer electronics industry. Countries such as China and Japan are expected to hold the largest share in the acoustic sensor market in the Asia Pacific region. Also, the emerging countries in the Asia Pacific are expected to create lucrative growth opportunities for the key manufacturers. This factor is projected to drive the growth of the acoustic sensor market.

Market Participants

Some of the prominent players operating in the global acoustic sensor market are Siemens Process Instrumentation, Boston Piezo-optics Inc., Pro-Micron GmbH & Co. Kg, Hubbell Lighting, Transense Technologies PLC, Panasonic Corporation, Vectron, Murata Manufacturing Co., KYOCERA Corporation, Honeywell International Inc., and others.

The key manufacturers are focused on investing in research and development activities to offer innovative acoustic sensing technologies for various application in end-use industries. Moreover, key players in the global acoustic sensor market are focusing mainly on merger and acquisition and developing strategic partnerships with other players in order to expand their business globally.

Market Segmentation

Market By Wave Type

  • Surface Wave
    • FPW Sensors
    • STW Sensors
    • Rayleigh Surface Wave Sensors
  • Bulk Wave
    • SH-APM Sensor
    • TSM Sensor

Market By Sensing Parameter

  • Pressure
  • Temperature
  • Humidity
  • Weight
  • Viscosity
  • Torque
  • Others

Market By End-use Industry

  • Consumer Electronics
  • Automotive
  • Aerospace
  • Industrial
  • Healthcare
  • Defense
  • Others

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA


Related Reports

Mobile Heaters Market By Product (Infrared Heater, Diesel heater, Electric Heater, Gas heater, Others), By Application (Residential, Commercial, Industrial, Others), By End-User (Construction, Oil & Gas, Mining, Others) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

The global mobile heaters market size is expected to reach around US$ 447 million by 2026 and growing at a CAGR of around 4.4% from forecast period 2019 to 2026. Mobile Heaters are the kind of heaters used to maintain the desired work temperature during cold weather conditions. Various types of mobile heaters are available in the market including infrared, diesel, electric, gas and

VCO (Voltage Controlled Oscillator More than 2 GHz) Market (By Type: 2 to 8 GHz, 8 to 14 GHz, Over 14 GHz; By Application: Consumer Electronics, Networking & Telecom, Industrial, Other) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025

Introduction Voltage controlled oscillator is an oscillator with an output signal whose power output can be varied over a range controlled by the DC voltage and whose frequency of the output is directly related to the input voltage. The frequency of oscillation varies between a few hertz and hundreds of GHz. The output frequency of the generated signal is adjusted by varying the in

Magnetic Sensor Market (By Technology: Hall Effect, Tunnel Magnetoresistance (TMR), Giant Magnetoresistance (GMR), Anisotropic Magnetoresistance (AMR), Others; By Application: Industrial, Consumer Electronics, Automotive , Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global magnetic sensor market value is expected to reach around US$ 3.4 billion by 2026 and growing at noteworthy CAGR around 6.6 % throughout the forecast period 2019 to 2026. Magnetic sensors are categorized as full magnetic field measurements or magnetic field vector components. Permanent magnets are used for several purposes, such as neodym magnets, to trigger the magnetic sensors. The magn

SAP Digital Services Ecosystem Market (By Solution Type: CRM, ERP, Others; By End-use Industry: Telecommunication and IT, Aerospace & Defense, Oil & Gas, Healthcare, Energy & Utility, Manufacturing, BFSI, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global SAP digital services ecosystem market size is expected to reach around US$ 90 billion by 2026 with rising CAGR of 7.5 % throughout the forecast period 2019-2026. A major factor driving the global SAP digital service ecosystem market are advantages offered by SAP digital service

Ultrasonic Testing Equipment Market (By Product: Flaw Detectors, Ultrasonic Scanners, Thickness Gauges, Others; By Component: Services, Hardware; By Technique: Conventional, Advanced; By End-use Industry: Oil & Gas, Power Generation, Aerospace & Defense, Manufacturing, Automotive, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to Acumen Research and Consulting, the global ultrasonic testing equipment market is expected to grow at noteworthy CAGR around 7.5 % throughout the forecast period and reach around US$ 1.8 billion by 2026. Ultrasound tests are a non-destructive test procedure that uses high frequency sound energy for test

Cart Summary