Press release
THE GLOBAL ACOUSTIC WAVE SENSOR MARKET WAS VALUED AT USD 435.21 MILLION IN 2016 AND IS PROJECTED TO REACH USD 1082.09 MILLION BY 2025, GROWING AT A CAGR OF 10.65% FROM 2017 TO 2025 TOP KEY PLAYERS ARE NANOTEMPER TECHNOLOGIES GMBH , TRANSENSE TECHNOLOGIES
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Market Dynamics:
1. Market Drivers
1.1 High scope of growth in automotive industry
1.2 Increasing security concerns
1.3 Rising demand for saw-based temperature sensors from end-user verticals
2. Market Restraints
2.1 Issues associated with energy consumption, and sensitivity
2.2 Availability of alternatives
Market Segmentation:
The Global Acoustic Wave Sensor Market is segmented on the by device, type, parameter, vertical, and region.
1. Device:
1.1 Delay Lines
1.2 Resonators
2. By Type:
2.1 Bulk Acoustic Wave Sensor
2.2 Surface Acoustic Wave Sensor
3. By Parameter:
3.1 Humidity
3.2 Mass
3.3 Temperature
3.4 Viscosity
3.5 Gas
3.6 Pressure
3.7 Torque
4. By Vertical:
4.1 Food and Beverages
4.2 Military
4.3 Healthcare
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4.4 Automotive
4.5 Industrial
4.6 Environmental
4.7 Others
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Nanotemper Technologies GmbH
2. Transense Technologies PLC
3. Vectron International Inc.
4. Senseor Sas
5. Hawk Measurement Systems
6. Althen GmbH Mess- Und Sensortechnik
7. H. Heinz Meßwiderstände GmbH
8. Pro-Micron GmbH & Co. Kg
9. Qualtre Inc.
10. Sensor Technology Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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