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: 134

More Releases from Market Prognosis

Technological Advancement in Global Mobile Advertising Market Forecast to 2026 …
Global Mobile Advertising Market Report 2019 offers elaborated knowledge on the market parts like size, Key Regions, growth, trends, dominating firms, Major Manufactures. The Mobile Advertising report introduces market competition situation among the vendors, revenue, product & services, latest developments and business strategies. Overview of the Global Mobile Advertising Market: The Global Mobile Advertising Market is accounted for $30.98 Billion in 2017 and is expected to reach $214.75 Billion by 2026 growing
Mining Chemicals Market Analysis and Forecast Report 2019 - 2026 with Estimated …
Global Mining Chemicals Market research report 2019 - 2026 provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. Overview of the Global Mining Chemicals Market: The Global Mining Chemicals Market is accounted for $6.11 Billion in 2017 and is expected to reach $10.01 Billion by 2026 growing at a CAGR of 5.6%. Significant factors which are influencing the market
Implantable Biomaterials Market Covering Prime Factors and Competitive Outlook T …
This comprehensive Implantable Biomaterials Market research report 2019 – 2026 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers. Overview of the Global Implantable Biomaterials Market: The Global Implantable Biomaterials Market is accounted for $96.11 Billion in 2017 and
Booming Growth in Global Semi-Trailer Market and Forecast to 2023 by Worldwide T …
The report covers a forecast and an analysis of the Semi-Trailer Market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2023 based on revenue and volume. Overview of the Global Semi-Trailer Market: The report spread across 89 pages is an overview of the Global Semi-Trailer Market - Analysis of Growth, Trends and Forecasts (2018 - 2023). These

All 5 Releases


More Releases for Micro

Global Micro Scales Market Research
Global Micro Scales Market Research Micro Scales advertise is foreseen to develop at a CAGR of XX% by 2023, as per another Global Micro Scales Market Research report distributed by Research Vector Inc. The report fragments the market and gauges its size, by volume and esteem, based on application, side-effects, and by geology (North America, Europe, Asia-Pacific, MEA and South America). The Global Market for Micro Scales to 2023 offers
Global Micro Welding Equipment Market 2018 | Pro-Fusion, OR Laser, Micro Product …
This report studies the global Micro Welding Equipment market status and forecast, categorizes the global Micro Welding Equipment market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). . . – Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1844824 ' ' The global Micro Welding Equipment market is valued
Digital Assurance Market Analysis 2018 And Global Top Vendors Profile Micro Focu …
The Global Digital Assurance Market accounted for USD 2.81 billion in 2017 and is projected to grow at a CAGR of 14.1% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Global Digital Assurance Market By Testing Mode (Manual testing and Test automation), By Testing Type (Application Programming Interface
Micro Inverter Market
Global Micro Inverter Market would reach $2.7 billion by 2022. In 2014, North America dominated the market and contributed about 45% share of the overall market revenue, followed by Europe, according to a new report published by Allied Market Research.The presence of key market players in the U.S. and rising micro inverter installation activities, primarily in residential sector, have fueled the market growth. Swift rise in demand for greater efficiency of
2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/ …
ResearchMoz presents this most up-to-date research on "2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/SPECT, Multimodal, Micro-Ultrasound and Micro-PAT)". Small animal imaging technology has marked itself as the most useful tool in preclinical research globally. The technology has proved to be of great importance in developmental biology studies and drug development research programs. Being non-invasive, longitudinal studies are possible with accurate and detailed analysis. The global small animal
What is Scalp Micro Pigmentation?
Micro Scalp Pigmentation also know as Scalp Micro Pigmentation which is offered by Phuket Hair Clinic in Thailand. This procedure is ideal for people wanting a long term hair loss solution and having a lovely holiday on the island of Phuket at the same time. Micro Scalp Pigmentation is a method of depositing pigment into the dermal layer of the skin on the scalp, which replicates hair follicles. When viewed from