openPR Logo
Press release

Acoustic Sensors Market 2019 Key Insights and Opportunities Expected to Grow Till 2023 | Key Players - Siemens Process Instrumentation, Hubbell Lighting, Honeywell Sensing & Control, Murata Manufacturing, Vectron International

03-18-2019 01:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Prognosis

The acoustic sensors market was valued at USD 5.1 billion in 2017 and is projected to reach USD 11.6 billion by the end of 2023, growing at a CAGR of 14.8% over the forecast period of 2018-2023. The scope of the report is limited to the type of sensors, its sensing parameters, and its application. The regions considered in the scope of the report include - North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Technological advancements, low manufacturing cost, and growth of the telecommunications market are the major drivers for the lucrative growth of the acoustic sensors market.

Sample Report Available @ https://marketprognosis.com/sample-request/17357
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Key Developments in the Market
• October 2017 - Microsemi Corporation, a provider of semiconductor solutions differentiated by power, security, reliability and performance, and Knowles Corporation, jointly announced that Microsemi has entered into a definitive agreement to acquire the high performance timing business of Vectron International, a Knowles company, for USD 130 million. The reason behind the acquisition is that Vectron’s highly complementary technology suite expands Micro semi’s product offering with differentiated technology and allows Microsemi to sell more to its tier one customers in aerospace and defense, communications, and industrial markets, while improving upon the operating performance of the combined model as they execute on significant synergy opportunities.
• April 2017 - Siemens launched the next generation of digital clamp-on ultrasonic flow measurement technology: the Sitrans FS230. The new flow system with high accuracy and noise immunity is suitable for a broad array of industries requiring high-quality liquid flow measurement, including water and wastewater, power, food and beverage, pharmaceutical, and chemical.

The major players include –
SIEMENS PROCESS INSTRUMENTATION, HUBBELL LIGHTING, HONEYWELL SENSING & CONTROL, MURATA MANUFACTURING CO. LTD, and VECTRON INTERNATIONAL INC., amongst others.

Get Discount on this report @ https://marketprognosis.com/discount-request/17357
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Telecommunications Industry - A Key Growth Driver
The telecommunications industry is the largest consumer of acoustic sensors, primarily driven by smartphones and base stations. With telecom companies setting up more and more towers to support the ever-increasing customer base, base stations are increasing. Moreover, people, especially in developing countries, are buying smartphones owing to the increase in disposable incomes and low-budget smartphones.
Owing to the increasing usage of smartphones, tablets, and other electronic devices in the developed and developing economies such as the United States, China, South Korea, Japan, and India, acoustic sensors are expected to witness growth during the forecast period.
Wireless sensors need no power to be separately applied to the sensor, as it gets energy from interrogating radio frequency (RF) pulse to excite the acoustic sensor and transmits its response. The wireless nature provides them the ability to measure parameters, such as torque, pressure, and temperature on rotating components with simplicity.
Moreover, acoustic sensors are well protected from electromagnetic interference that often occurs near industrial equipment, such as motors and high-voltage lines. Thus, acoustic sensors are safer and more reliable and are suitable for power equipment.

For More Information Visit @ https://marketprognosis.com/report/global-acoustic-sensors-market---segmented-by-type,-wave-type,-sensing-parameter-%28temperature,-pressure,-mass%29,-application-%28automotive,-aerospace-and-defense,-consumer-electronics%29,-and-regi/pr-17357
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMark Pvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Acoustic Sensors Market 2019 Key Insights and Opportunities Expected to Grow Till 2023 | Key Players - Siemens Process Instrumentation, Hubbell Lighting, Honeywell Sensing & Control, Murata Manufacturing, Vectron International here

News-ID: 1659821 • Views:

More Releases from Market Prognosis

Third-Party Logistics (3PL) Market Latest Study Focuses On Current, Future Innovations and Foreseen Till 2026 | FedEx, Exel Logistics, Menlo Worldwide Logistics, Ryder Logistics
Third-Party Logistics (3PL) Market Latest Study Focuses On Current, Future Innov …
The report covers a forecast and an analysis of the Third-Party Logistics (3PL) Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Third-Party Logistics (3PL) Market: The report spread across 90 pages is an overview of the Global Third-Party Logistics (3PL) Market. These report study based on the Third-Party
Ride-Hailing Market: An Insight on the Important Factors and Trends Influencing by Top Key Players (Didi, Uber, Lyft, Gett, Hailo, Ola Cabs, Cabify, GoCatch) | Foreseen Till 2026
Ride-Hailing Market: An Insight on the Important Factors and Trends Influencing …
The report covers a forecast and an analysis of the Ride-Hailing Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Ride-Hailing Market: The report spread across 90 pages is an overview of the Global Ride-Hailing Market. These report study based on the Ride-Hailing Market. It is a complete overview
COVID-19 Impact on Professional Indemnity Insurance Market 2021-2026: Industry Insight and Growth Strategy by Business Players - AIG, Chubb (ACE), Allianz, XL Group, AXA, Aviva
COVID-19 Impact on Professional Indemnity Insurance Market 2021-2026: Industry I …
The report covers a forecast and an analysis of the Professional Indemnity Insurance Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Professional Indemnity Insurance Market: The report spread across 90 pages is an overview of the Global Professional Indemnity Insurance Market. These report study based on the Professional
Modular Construction Market Future Growth Explored in Latest Research Report by 2026 | Komatsu, Kiewit, Skanska, L&T, Taisei, ACS Group, Bouygues Construction
Modular Construction Market Future Growth Explored in Latest Research Report by …
The report covers a forecast and an analysis of the Modular Construction Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Modular Construction Market: The report spread across 90 pages is an overview of the Global Modular Construction Market. These report study based on the Modular Construction Market. It

All 5 Releases


More Releases for Micro

Micro Injection Molded Plastic Market worth $1,692 million by 2026 | Key players …
According to recent market research "Micro Injection Molded Plastic Market by Material Type (Liquid-Crystal Polymer (LCP), Polyether (PEEK), Polycarbonate (PC), Polyethylene (PE), Polyoxymethylene (POM)), Application and Region - Global Forecast to 2026", published by MarketsandMarkets, the micro injection molded plastic market is projected to reach USD 1,692 million by 2026, at a CAGR of 11.2% from USD 995 million in 2021. Browse 193 market data Tables and 61 Figures spread through
Micro Combined Heat & Power (Micro CHP) Market 2022 | Detailed Report
The Micro Combined Heat & Power (Micro CHP) research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Micro Combined Heat & Power (Micro CHP) research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope,
Micro-Invasive Glaucoma Implants Micro-Invasive Glaucoma Implants
Global Micro-Invasive Glaucoma Implants Market Definition: Micro-invasive glaucoma implants is performed for the treatment of the open- angle glaucoma and is done through an ab- interno approach. It is very safe and provides faster recovery as compared to the traditional methods. They usually lower the intraocular by increasing the flow or reducing the production of the aqueous humor. Increasing cases of the glaucoma worldwide is the major factor fueling the
Global Micro Electric Automotive (Micro EVs) Market Growth 2019-2024
Market Research Report Store offers a latest published report on Micro Electric Automotive (Micro EVs) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the Micro Electric Automotive (Micro EVs) market will register a 5.5% CAGR in terms of revenue, the global market size will reach US$ 9062.2 million by 2024, from
Global Micro Welding Equipments Market- Growing Popularity and Emerging Trends i …
Welding is a fusion of the two workpieces of the surface to form one, is a precise, reliable, cost-effective and high tech method for joining material. Micro welding is a process that is specifically designed for the welding of small often delicate components. It is also known as precision welding. The process sets up the weld by depositing fine blobs of weld to the components to be fused. The process
Comprehensive Analysis On Micro Welding Equipment Market 2019 : Pro-Fusion, OR L …
Up Market Research added a new Micro Welding Equipment Market research report for the period of 2019 – 2026. Report focuses on the major drivers and restraints providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. Get Sample Copy Of This Report @ https://www.upmarketresearch.com/home/requested_sample/108038 The report contains 112 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing