Surface Acoustic Wave (SAW) sensors are a type of sensing device that utilizes acoustic waves propagating along the surface of a solid material, typically a piezoelectric substrate, to detect and measure various physical phenomena.
Surface Acoustic Wave Sensors Market aims to provide a comprehensive presentation of the global market for Surface Acoustic Wave Sensors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Surface Acoustic Wave Sensors. Surface Acoustic Wave Sensors Market contains market size and forecasts of Surface Acoustic Wave Sensors in global, including the following market information:
- Global Surface Acoustic Wave Sensors Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Surface Acoustic Wave Sensors Market Sales, 2018-2023, 2024-2029, (K Units)
- Global top five Surface Acoustic Wave Sensors companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Pressure Sensors Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Surface Acoustic Wave Sensors include API Technologies, Vectron International, AVX Corporation, Boston Piezo-Optics, Ceramtec, CTS Corporation, Epcos, Honeywell International and Teledyne Microwave Solutions, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Surface Acoustic Wave Sensors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Report Attributes | Report Details |
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Report Title | Surface Acoustic Wave Sensors Market Size, Emerging Trends, Technological Advancements, and Business Strategies 2023-2032 |
Market Size In 2022 | US$ 2217.9 million |
Market Size By 2029 | US$ 2866.5 million |
Growth Rate | CAGR of 3.7% |
By Type |
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By Technology |
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By Application |
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Key Players |
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Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
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Base Year | 2022 |
Forecast Year | 2030 |
Number of Pages | 100+ Pages |
Customization Available | Yes, the report can be customized as per your requirements. |
Total Market by Segment:
- Pressure Sensors
- Torque Sensors
- Viscosity Sensors
- Chemical Sensors
- Humidity Sensors
- Mass Sensors
- Temperature Sensors
- Others
- Frequency Modulated SAW Sensors
- Time Delayed SAW Sensors
- Phase Shifted SAW Sensors
- Others
- Automotive
- Aerospace and Defence
- Consumer Electronics
- Healthcare
- Industrial
- Others
Key Trends:
- Increasing Demand for Miniaturized Sensors: The sensor market is witnessing a significant trend towards miniaturization, and Surface Acoustic Wave (SAW) sensors are well-suited for this trend. Their fabrication on small chips makes them ideal for use in wearable devices and other compact applications.
- Growing Adoption in Wearable Devices: Wearable devices are gaining popularity, and SAW sensors are finding increasing use in this domain. Due to their low-power consumption and versatility, SAW sensors are well-suited for measuring various parameters in wearables, such as heart rate, blood pressure, and temperature.
- Rising Demand in the Internet of Things (IoT): The Internet of Things (IoT) market is rapidly expanding, and SAW sensors are finding a strong foothold in this sector. Their ability to monitor diverse parameters, including temperature, humidity, and vibration, makes them well-suited for integration into IoT devices.
Key Drivers:
- Growing Demand in Healthcare Industry: The healthcare industry is a major driver for the SAW sensor market, given their usage in various healthcare applications like blood pressure monitoring, glucose monitoring, and drug delivery.
- Increasing Adoption in Automotive Sector: The automotive industry is another significant driver for the SAW sensor market. SAW sensors are essential components in automotive applications, including engine management, airbag deployment, and tire pressure monitoring systems.
- Rising Demand in Industrial Applications: The industrial sector is also driving the demand for SAW sensors. Their use in industrial applications, such as process control, environmental monitoring, and security systems, is contributing to market growth.
Key Opportunities:
- Development of New Applications: There are several new and emerging applications for SAW sensors. These include their use in biometrics, food safety, and environmental monitoring, providing opportunities for further market expansion.
- Increased Adoption in Emerging Markets: Emerging markets are poised to witness increased adoption of SAW sensors in the coming years. The growing demand for these sensors in these markets offers promising opportunities for market growth.
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Asia-Pacific:
- The Asia-Pacific region is projected to witness the highest Compound Annual Growth Rate (CAGR) of 12.06% during the forecast period.
- The region’s growth is attributed to the rising demand for SAW sensors in the automotive, industrial, and healthcare sectors.
- In the automotive sector, SAW sensors are extensively used in applications like tire pressure monitoring systems, engine management systems, and airbag deployment systems.
- The industrial sector also contributes significantly to growth with SAW sensors utilized in applications such as process control, environmental monitoring, and security systems.
- The healthcare sector further boosts the market with applications in point-of-care diagnostics, drug discovery, and medical imaging.
North America:
- North America is anticipated to grow at a CAGR of 11.17% during the forecast period.
- The region’s growth is driven by increasing demand for SAW sensors in the automotive, consumer electronics, and industrial sectors.
- In the automotive industry, SAW sensors find extensive use in tire pressure monitoring systems, engine management systems, and airbag deployment systems.
- The consumer electronics sector contributes to growth with applications in mobile phones, tablets, and laptops.
- Additionally, the industrial sector propels the market with applications in process control, environmental monitoring, and security systems.
Europe:
- Europe is expected to grow at a CAGR of 10.73% during the forecast period.
- The region’s growth is fueled by the increasing demand for SAW sensors in the automotive, industrial, and healthcare sectors.
- In the automotive sector, SAW sensors play a vital role in tire pressure monitoring systems, engine management systems, and airbag deployment systems.
- The industrial sector also contributes significantly with applications in process control, environmental monitoring, and security systems.
- Moreover, the healthcare sector drives growth with applications in point-of-care diagnostics, drug discovery, and medical imaging.
LAMEA (Latin America, Middle East, and Africa):
- LAMEA is projected to grow at a CAGR of 11.33% during the forecast period.
- The region’s growth is attributed to the increasing demand for SAW sensors in the automotive, industrial, and healthcare sectors.
- In the automotive industry, SAW sensors are widely used in tire pressure monitoring systems, engine management systems, and airbag deployment systems.
- The industrial sector further contributes to growth with applications in process control, environmental monitoring, and security systems.
- Additionally, the healthcare sector plays a significant role with applications in point-of-care diagnostics, drug discovery, and medical imaging.
- Key companies Surface Acoustic Wave Sensors revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Surface Acoustic Wave Sensors revenues share in global market, 2022 (%)
- Key companies Surface Acoustic Wave Sensors sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Surface Acoustic Wave Sensors sales share in global market, 2022 (%)
- API Technologies
- Vectron International
- AVX Corporation
- Boston Piezo-Optics
- Ceramtec
- CTS Corporation
- Epcos
- Honeywell International
- Teledyne Microwave Solutions
- Murata Manufacturing
- Panasonic
- Raltron Electronics
- TDK Corporation
- Taiyo Yuden Co., Ltd.
- SENSeOR SAS
- Althen GmbH Mess- und Sensortechnik
- Qualtre, Inc.
- Transense Technologies PLC
- Pro-Micron GmbH Co. KG
- Sensor Technology Ltd.