Acoustic Wave Sensors Market trends, Industry Analysis 2027
In past few years, Acoustic Wave Sensors have gained an
enormous interest in sensor applications. The Acoustic Wave have been widely
used in different industries and will continue to gain more importance in the
foreseeable future.
The development of new technologies such as micro technology and
Micro Electro Mechanical System is one of the factor which is driving the
growth of Acoustic Wave Sensor Market.
Moreover, the advantages of Acoustic Wave Sensor devices such as
high resolution, inherent high sensitivity, high stability and ability to perform
well in low frequencies is one of the factors which is fueling the growth of
Acoustic Wave Sensor market.
Also, the technological advancement will propel the demand of
Acoustic Wave Sensors in various segments such as consumer electronics and
automobile segment.
Acoustic Wave Sensors are considered to be an essential division
of micro-electromechanical systems that works on the theory of modulating
surface acoustic waves which senses the physical phenomenon.
Acoustic Wave Sensors are used to convert electrical signal into
mechanical waves and it is used in various fields such as signal processing,
sensing and others.
The Acoustic Wave Sensors are anticipated to replace the
conventional product in various application segments owing to its passive
nature, wireless operation and lesser response time.
Acoustic Wave Sensors: Drivers and Challenges
Drivers
The technological advancement in sensing technologies and the
need to replace older products are the significant factors driving the growth
of Acoustic Wave Sensors market.
Moreover, the increasing needs and growing adoption of Acoustic
Wave Sensors by various industries such as automobile, military, healthcare and
others is the major factor which is driving the growth of Acoustic Wave Sensors
market.
Apart from this, the increasing demand of Acoustic Wave Sensors
for security and surveillance in various industry verticals is fueling the
growth of Acoustic Wave Sensors market.
The low manufacturing cost and technological advantages of
Acoustic Wave Sensors over the conventional products are the factors which are
supporting the growing demands for Acoustic Wave Sensors.
Challenges
As Acoustic Wave Sensors requires several processes and
technologies, therefore, the compatibility of Acoustic Wave Sensors with other
products is one of the major challenge which may hinders the growth of Acoustic
Wave Sensors market.
Also, the replacement of Sensors in conventional technology by
Acoustic Wave Sensor is the major challenge in Acoustic Wave Sensor market.
Key
Contracts
In September 2015, SENSeOR and FEMTO-ST inaugurated a common
research laboratory called Physical Acoustics, which is dedicated for a
research in the field of Surface and Bulk Acoustic Waves, Sensors and Sensing
Systems.
In May 2015, General Electric and Transense Technologies entered
into partnership in order to develop new instrumentation applications by
utilizing their wireless, passive surface acoustic wave measurement
technologies.
Key players
The Prominent players in Acoustic Wave Sensors market are
Honeywell International Inc., Seimens AG, Electronic Sensor Technology, General
Electric, CTS Corporation, Transense Technology plc, AVX Corporation, Kyocera
Corporation, SENSeOR Sas, Vectron International Inc., and others.
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