Bulk Acoustic Wave (BAW) Devices Market: Present Scenario and the Growth Prospects

Over past few decades, there have been many investments aimed at the development and commercialization of bulk acoustic wave devices. These devices are being used extensively in the telecommunication industries, defense, consumer electronics, and military sectors. Bulk acoustic wave devices are basically used for applications that need high frequency filters. Owing to an increase in the replacement of the conventionally used surface acoustic wave principle with bulk acoustic wave, especially in mobile application, the global bulk acoustic wave devices market is flourishing. Several advantages are associated with bulk acoustic wave devices over surface acoustic wave devices and they are: Enhanced efficiency, ability to operate above 2.4 GHz, and more compactness. In addition to all these benefits, a drop in the price of these devices, on account of extensive R&D is also boosting their adoption.

The report segments the global bulk acoustic wave devices market on the basis of device, end use industry, and geography. It studies the main factors having an impact on the market and this includes factors driving the growth and factors hampering the growth of the bulk acoustic wave devices market. In addition to this, key opportunities in the market as well as latest trends in the bulk acoustic wave devices industry have also been given, making this research report a valuable resource for making profitable business decisions regarding investment in this market.

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Some of the factors boosting the global bulk acoustic wave devices market are their increasing use in the automotive industry, in microwave devices, and in 4G technology for smart phones, Big automobile companies such as Audi, Mercedes, BMW, and Toyota are investing extensively in the research and development with the motto of developing products that integrate smart devices. Bulk acoustic wave devices are being used and will also be useful in the future so that devices inside vehicles can remain connected and users can get enhanced driving experience. Thus, the trend of connected vehicles will assure a growth for the global bulk acoustic wave devices market. Moreover, the integration of bulk acoustic wave devices with active integrated circuits is expected to create key growth opportunities in the market worldwide.

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On the basis of geography, the global bulk acoustic wave device market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Of these, Asia Pacific followed by North America led in the bulk acoustic wave device market. The flourishing automotive and consumer electronics markets are behind the high growth of the market in Asia Pacific. On the other hand, it is the aerospace and defense sectors which are creating a heightened demand for bulk acoustic wave devices in North America and driving the market in the region. The leading factor boosting the growth of the market in Europe is the high demand for these devices in wireless sensing in harsh environments. Moreover, Europe is the base for some of the largest automotive companies, which is also behind the growth of the European bulk acoustic wave devices market.

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