Market Overview:
The global acoustic wave sensor market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for acoustic wave sensors in various applications, such as automotive, industrial, military, food and beverages, healthcare, environmental and others. Acoustic wave sensors are used for detecting various parameters such as pressure waves (ultrasound), sound waves (acoustic) and elastic waves (seismic). These sensors are used in a wide range of applications owing to their ability to detect minute changes in pressure or displacement over large areas with high accuracy.
Product Definition:
An acoustic wave sensor is a device that uses sound waves to measure some physical property of its surroundings. These devices are used for a variety of purposes, including measuring the thickness of coatings or the level of liquid in a container.
Surface Acoustic Wave (SAW) Sensor:
The surface acoustic wave sensor is a device that generates an ultrasonic signal and measures the time it takes for that sound to travel through the medium. It does this by generating a high-frequency oscillating waveform which travels through the medium and reflects back when it meets with an obstacle in its path. The reflected waves are used to calculate distance, speed, etc.
Bulk Acoustic Wave (BAW) Sensor:
Bulk Acoustic Wave (BAW) Sensor is a new generation of ultrasound imaging technology that uses the principle of sound waves to generate images. It works on the basis of elasticity and temperature properties of materials. Ultrasound sensors are widely used in medical imaging due to its several advantages such as high spatial resolution, sensitivity, and ability to detect soft tissues at low energy levels.
Application Insights:
The automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Acoustic wave sensors are used in various applications such as infotainment, engine control, cabin air filtration, and emission control systems among others. The increasing demand for advanced safety features coupled with rising consumer preference for comfort while driving is expected to drive the growth of acoustic wave sensor market in automotive applications over the coming years.
The industrial application segment was valued at USD 281 million in 2017 owing to its wide scope of application across oil & gas industries including process monitoring and controlling, pipeline inspection, material handling tracking & identification among others. Growing demand from major oil companies including Saudi Arabia¢â‚¬â„¢s national oil company (NOC) along with growing investments by major players such as Schlumberger Limited are anticipated to propel industry expansion over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments in defense and aerospace, growing healthcare industry, and technological advancements witnessed by the end of 2017.
The Asia Pacific regional market captured a significant share owing to increasing government initiatives for developing infrastructure such as roads, bridges, tunnels etc., which require acoustic monitoring systems for detection of structural defects or any damage caused due to vehicular traffic. Moreover, rising industrialization across countries such as China and India are anticipated to fuel product demand over the next eight years.
Growth Factors:
- Increasing demand for acoustic wave sensors in the automotive industry for advanced safety features
- Rising demand from the medical sector for non-invasive diagnostics and treatment
- Growing popularity of acoustic wave sensors in consumer electronics applications
- Proliferation of Internet of Things (IoT) and connected devices requiring wireless sensing capabilities
- Advances in acoustic wave sensor technology that improve performance and reduce costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Acoustic Wave Sensor Market Research Report
By Type
Surface Acoustic Wave (SAW) Sensor, Bulk Acoustic Wave (BAW) Sensor
By Application
Automotive, Industrial, Military, Food and Beverages, Healthcare, Environmental, Others
By Companies
Althen GmbH Mess- Und Sensortechnik, Nanotemper Technologies, H. Heinz Mebwiderstande, Transense Technologies, Pro-Micron, Vectron, Qualtre, Senseor Sas, Sensor Technology, Hawk Measurement Systems, Abracon, Boston Piezo-Optics, Stmicroelectronics, Precision Acoustics, Sensanna Incorporated
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Acoustic Wave Sensor Market Report Segments:
The global Acoustic Wave Sensor market is segmented on the basis of:
Types
Surface Acoustic Wave (SAW) Sensor, Bulk Acoustic Wave (BAW) Sensor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Industrial, Military, Food and Beverages, Healthcare, Environmental, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Althen GmbH Mess- Und Sensortechnik
- Nanotemper Technologies
- H. Heinz Mebwiderstande
- Transense Technologies
- Pro-Micron
- Vectron
- Qualtre
- Senseor Sas
- Sensor Technology
- Hawk Measurement Systems
- Abracon
- Boston Piezo-Optics
- Stmicroelectronics
- Precision Acoustics
- Sensanna Incorporated
Highlights of The Acoustic Wave Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Surface Acoustic Wave (SAW) Sensor
- Bulk Acoustic Wave (BAW) Sensor
- By Application:
- Automotive
- Industrial
- Military
- Food and Beverages
- Healthcare
- Environmental
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Acoustic Wave Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An acoustic wave sensor is a device that uses sound waves to detect physical objects or events. Acoustic wave sensors are often used in industrial and commercial applications, such as security systems, manufacturing plants, and warehouses.
Some of the major companies in the acoustic wave sensor market are Althen GmbH Mess- Und Sensortechnik, Nanotemper Technologies, H. Heinz Mebwiderstande, Transense Technologies, Pro-Micron, Vectron, Qualtre, Senseor Sas, Sensor Technology, Hawk Measurement Systems, Abracon, Boston Piezo-Optics, Stmicroelectronics, Precision Acoustics, Sensanna Incorporated.
The acoustic wave sensor market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Acoustic Wave Sensor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Acoustic Wave Sensor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Acoustic Wave Sensor Market - Supply Chain
4.5. Global Acoustic Wave Sensor Market Forecast
4.5.1. Acoustic Wave Sensor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Acoustic Wave Sensor Market Size (000 Units) and Y-o-Y Growth
4.5.3. Acoustic Wave Sensor Market Absolute $ Opportunity
5. Global Acoustic Wave Sensor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Acoustic Wave Sensor Market Size and Volume Forecast by Type
5.3.1. Surface Acoustic Wave (SAW) Sensor
5.3.2. Bulk Acoustic Wave (BAW) Sensor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Acoustic Wave Sensor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Acoustic Wave Sensor Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Industrial
6.3.3. Military
6.3.4. Food and Beverages
6.3.5. Healthcare
6.3.6. Environmental
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Acoustic Wave Sensor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Acoustic Wave Sensor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Acoustic Wave Sensor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Acoustic Wave Sensor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Acoustic Wave Sensor Demand Share Forecast, 2019-2029
9. North America Acoustic Wave Sensor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Acoustic Wave Sensor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Acoustic Wave Sensor Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Industrial
9.4.3. Military
9.4.4. Food and Beverages
9.4.5. Healthcare
9.4.6. Environmental
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Acoustic Wave Sensor Market Size and Volume Forecast by Type
9.7.1. Surface Acoustic Wave (SAW) Sensor
9.7.2. Bulk Acoustic Wave (BAW) Sensor
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Acoustic Wave Sensor Demand Share Forecast, 2019-2029
10. Latin America Acoustic Wave Sensor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Acoustic Wave Sensor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Acoustic Wave Sensor Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Industrial
10.4.3. Military
10.4.4. Food and Beverages
10.4.5. Healthcare
10.4.6. Environmental
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Acoustic Wave Sensor Market Size and Volume Forecast by Type
10.7.1. Surface Acoustic Wave (SAW) Sensor
10.7.2. Bulk Acoustic Wave (BAW) Sensor
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Acoustic Wave Sensor Demand Share Forecast, 2019-2029
11. Europe Acoustic Wave Sensor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Acoustic Wave Sensor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Acoustic Wave Sensor Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Industrial
11.4.3. Military
11.4.4. Food and Beverages
11.4.5. Healthcare
11.4.6. Environmental
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Acoustic Wave Sensor Market Size and Volume Forecast by Type
11.7.1. Surface Acoustic Wave (SAW) Sensor
11.7.2. Bulk Acoustic Wave (BAW) Sensor
11.8. Basis Pint Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Acoustic Wave Sensor Demand Share, 2019-2029
12. Asia Pacific Acoustic Wave Sensor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Acoustic Wave Sensor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Acoustic Wave Sensor Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Industrial
12.4.3. Military
12.4.4. Food and Beverages
12.4.5. Healthcare
12.4.6. Environmental
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Acoustic Wave Sensor Market Size and Volume Forecast by Type
12.7.1. Surface Acoustic Wave (SAW) Sensor
12.7.2. Bulk Acoustic Wave (BAW) Sensor
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Acoustic Wave Sensor Demand Share, 2019-2029
13. Middle East & Africa Acoustic Wave Sensor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Acoustic Wave Sensor Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Acoustic Wave Sensor Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Industrial
13.4.3. Military
13.4.4. Food and Beverages
13.4.5. Healthcare
13.4.6. Environmental
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Acoustic Wave Sensor Market Size and Volume Forecast by Type
13.7.1. Surface Acoustic Wave (SAW) Sensor
13.7.2. Bulk Acoustic Wave (BAW) Sensor
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Acoustic Wave Sensor Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Acoustic Wave Sensor Market: Market Share Analysis
14.2. Acoustic Wave Sensor Distributors and Customers
14.3. Acoustic Wave Sensor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Althen GmbH Mess- Und Sensortechnik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nanotemper Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. H. Heinz Mebwiderstande
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Transense Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pro-Micron
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vectron
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Qualtre
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Senseor Sas
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sensor Technology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hawk Measurement Systems
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Abracon
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Boston Piezo-Optics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Stmicroelectronics
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Precision Acoustics
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sensanna Incorporated
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
