Acoustic Wave Sensors Market Evolving Technology, Demand and Growth Outlook 2022 to 2027: Broadcom, Qorvo, RF360, TAIYO YUDEN, Teledyne, API Technologies

Global Acoustic Wave Sensors Market 2022 research report offers qualitative and quantitative insights in relation to industry growth rate, market segmentation, Acoustic Wave Sensors market size, demand and revenue. The current Acoustic Wave Sensors market trends that are expected to influence the future prospects of the industry are analyzed in the report. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

The surface acoustic wave sensors market is expected to reach a value of USD 5.62 billion by 2026, registering a CAGR of 12.04%, during the forecast period (2021-2026). 

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Acoustic Wave Sensors Market: Broadcom, Qorvo, RF360, TAIYO YUDEN, Teledyne, API Technologies, Vectron, Qualtre, AVX Corporation, Boston Piezo-Optics, Honeywell, Kyocera, Murata, Panasonic, and others.

Industry NewS:

December 2021 - Microchip Technology Inc. announced a significant expansion of its Gallium Nitride (GaN) Radio Frequency (RF) power device portfolio with new MMICs and discrete transistors that cover frequencies up to 20 gigahertz (GHz). The company’s SAW sensors and microelectromechanical systems (MEMS) oscillators and highly integrated modules combine microcontrollers (MCUs) with RF transceivers (Wi-Fi MCUs) that support major short-range wireless communications protocols from Bluetooth and Wi-Fi to LoRa.

June 2021 - Texas Instruments (TI) introduced the first devices in a new family of humidity sensors that provide lower power consumption and built-in sensing elements protection. These can help create industrial and automotive systems that withstand potential damage caused by moisture and react as needed to change water vapor conditions over time.

May 2021 - Sensor Technology has launched a new range of wireless torque sensors based on a full four-element strain gauge bridge design, complementing its existing non-contact sensors that use surface acoustic wave (SAW) detection. The SGR510/520 series design also compensates for any extraneous forces, such as bending moments that are inadvertently applied to the sensor, which improves sensitivity and has a wide temperature tolerance. The units have a 250% over-range reading capacity, allowing sudden spikes in torque to be measured and recorded accurately.

April 2021 - Okmetic, the supplier of advanced silicon wafers for the manufacture of microelectromechanical systems and sensors, announced the release of UF-RFSi, a tailored silicon substrate dedicated to thin-film surface acoustic wave (TF-SAW) hybrid structures.

Market Overview:

Surface acoustic wave pressure type devices being passive in nature (no external power requirement) opens up an enormous potential to be used in the smallest of enclosures and, with their remote sensing abilities, gives them an edge over other sensing devices. These sensors are now extensively being used in the automotive industry to monitor the tyre pressure and give information to the driver in the cabin. Surface acoustic wave (SAW) sensors are primarily used for the identification and measurement of physical parameters such as pressure, temperature, acceleration, torque, tire-road friction, humidity, etc. These sensors are used in various end-user industries based upon the requirements. Surface acoustic wave (SAW) sensors are primarily used to identify and measure physical parameters such as pressure, temperature, acceleration, torque, tire-road friction, humidity, etc. These sensors are used in various end-user industries based upon the requirements.

Regional Insights:

The United States is a major market for surface acoustic wave sensors market in the North American region, followed by Canada. The North American market is expected to witness increasing demand owing to the increased usage of these sensors in various applications and owing to the safety-related mandate for the automobile industry.

Global Acoustic Wave Sensors Market Split by Product Type and Applications:

This report segments the global Acoustic Wave Sensors market on the basis of Types are:

Surface Acoustic Wave Sensor

Bulk Acoustic Wave Sensor

On the basis of Application, the Global Acoustic Wave Sensors market is segmented into:

Automotive

Food and Beverages

Environmental

Healthcare

Others

Regional Analysis For Acoustic Wave Sensors Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Influence of the Acoustic Wave Sensors Market Report:
-Comprehensive assessment of all opportunities and risks in the Acoustic Wave Sensors market.
-The detailed study of business strategies for the growth of the Acoustic Wave Sensors market-leading players.
-Conclusive study about the growth plot of the Acoustic Wave Sensors market for forthcoming years.
-In-depth understanding of Acoustic Wave Sensors market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Acoustic Wave Sensors market.

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What are the market fundamentals that are described in this report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Acoustic Wave Sensors Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

The research includes historic data from 2017 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, researchers throw light on the pinpoint analysis of Global Acoustic Wave Sensors. It also measures the sustainable trends and platforms which are the basic roots behind the market growth. The degree of competition is also measured in the research report. With the help of SWOT and Porter’s five analysis, the market has been deeply analyzed. It also helps to address the risk and challenges in front of the businesses. Furthermore, it offers extensive research on sales approaches.

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