Global Acoustic Wave Sensor Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3600/- USD | Published Date: August 13, 2021 |

The global acoustic wave sensors market size is anticipated to register a significant CAGR of over 10% during the forecast period and expected to reach around USD 1billion by 2027. The increasing demand for SAW-based temperature sensors in various end-use applications is a primary factor to drive the market growth. The wide use of the product in the automotive industry and the increasing demand in industrial manufacturing are further anticipated to fuel the market over the forecast period from 2021 to 2027. Moreover, the increasing demand from healthcare and food & beverage industry is expected to provide more opportunities in the market.

Market Segment Insights:

The global acoustic wave sensors market is bifurcated into type, device, sensing, industry vertical, and geography. On the basis of type, the market is further segmented into surface acoustic wave (SAW) and bulk acoustic wave (BAW). The SAW-based segment dominated the global market in 2020 and expected to maintain its dominance over the forecast period. The SAW-based sensor is used widely in the various end-use industries due to its better sensing in temperature, torque, pressure, and chemical vapor which is further expected to drive the segment growth.

Acoustic Wave Sensors Market Size & Segmentation

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The acoustic wave sensors comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The acoustic wave sensors market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Acoustic Wave Sensors Market Segmentation:

By Type:

  • Surface Acoustic Wave (SAW)
  • Bulk Acoustic Wave (BAW)

By Device:

  • Resonator
  • Delay Line

By Sensing:

  • Temperature
  • Pressure
  • Humidity
  • Chemical Vapor or Gas
  • Torque
  • Mass
  • Viscosity
  • Others

By Industry Vertical:

  • Military
  • Automotive
  • Industrial
  • Healthcare
  • Food & Beverages
  • Environment
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Acoustic Wave Sensors Market: Geographic Coverage

Geographically, North America dominated the global acoustic wave sensors market in2020 and expected to maintain its dominance over the forecast period. The region is also expected to grow at the fastest growth rate over the forecast period due to the increasing demand for sensors in various end-use industries. The rapid growth in automotive industry is one of the prominent factor to drive the market growth in the region. North America is expected to hold the largest market share of around USD 300 million by 2027.

Acoustic Wave Sensors Market: Competition Assessment

Some of the major players operating in the global acoustic wave sensors market are Althen GmbH, Boston Piezo Optics Inc., Christian Burkert GmbH & Co. KG, Campbell Scientific, Inc., and CTS Corporation. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Althen GmbH
  • Boston Piezo Optics Inc.
  • Christian Burkert GmbH & Co. KG
  • Campbell Scientific, Inc.
  • CTS Corporation
  • Dytran Instruments, Inc.
  • Electronic Sensor Technology Inc.
  • Hawk Measurement Systems
  • Heinz Mebwiderstande GmbH
  • ifm electronic GmbH

Key Questions Answered by Acoustic Wave Sensors Market Report

  • Global acoustic wave sensors market forecasts from 2021-2027
  • Regional acoustic wave sensors market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Acoustic wave sensors submarket forecasts from 2021-2027 covering the market by type, by device, by sensing, by industry vertical, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the acoustic wave sensors market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level acoustic wave sensors markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the acoustic wave sensors market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Acoustic Wave Sensors Market Portraiture
2.2. Global Acoustic Wave Sensors Market, by Type, 2020 (USD Mn)
2.3. Global Acoustic Wave Sensors Market, by Device, 2020 (USD Mn)
2.4. Global Acoustic Wave Sensors Market, by Sensing, 2020 (USD Mn)
2.5. Global Acoustic Wave Sensors Market, by Industry Vertical, 2020 (USD Mn)
2.6. Global Acoustic Wave Sensors Market, by Geography, 2020 (USD Mn)

 

3. Global Acoustic Wave Sensors Market Analysis


3.1. Acoustic Wave Sensors Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. COVID-19 Impact Analysis

 

4. Global Acoustic Wave Sensors Market By Type, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Surface Acoustic Wave (SAW)
4.3. Bulk Acoustic Wave (BAW)

 

5. Global Acoustic Wave Sensors Market By Device, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Resonator
5.3. Delay Line

 

6. Global Acoustic Wave Sensors Market By Sensing, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Temperature
6.3. Pressure
6.4. Humidity
6.5. Chemical Vapor or Gas
6.6. Torque
6.7. Mass
6.8. Viscosity
6.9. Others

 

7. Global Acoustic Wave Sensors Market By Industry Vertical, 2018 – 2027 (USD Mn)


7.1. Overview
7.2. Military
7.3. Automotive
7.4. Industrial
7.5. Healthcare
7.6. Food & Beverages
7.7. Environment
7.8. Others

 

8. North America Acoustic Wave Sensors Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. North America Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
8.1.3. North America Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
8.1.4. North America Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
8.1.5. North America Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
8.1.6. North America Acoustic Wave Sensors Market by Country (2018-2027 USD Mn)
8.1.6.1. U.S.
8.1.6.1.1. U.S. Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
8.1.6.1.2. U.S. Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
8.1.6.1.3. U.S. Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
8.1.6.1.4. U.S. Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
8.1.6.2. Canada
8.1.6.2.1. Canada Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
8.1.6.2.2. Canada Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
8.1.6.2.3. Canada Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
8.1.6.2.4. Canada Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)

 

9. Europe Acoustic Wave Sensors Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Europe Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
9.1.3. Europe Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
9.1.4. Europe Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
9.1.5. Europe Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
9.1.6. Europe Acoustic Wave Sensors Market by Country (2018-2027 USD Mn)
9.1.6.1. Germany
9.1.6.1.1. Germany Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
9.1.6.1.2. Germany Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
9.1.6.1.3. Germany Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
9.1.6.1.4. Germany Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
9.1.6.2. U.K.
9.1.6.2.1. U.K. Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
9.1.6.2.2. U.K. Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
9.1.6.2.3. U.K. Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
9.1.6.2.4. U.K. Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
9.1.6.3. France
9.1.6.3.1. France Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
9.1.6.3.2. France Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
9.1.6.3.3. France Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
9.1.6.3.4. France Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
9.1.6.4. Italy
9.1.6.4.1. Italy Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
9.1.6.4.2. Italy Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
9.1.6.4.3. Italy Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
9.1.6.4.4. Italy Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
9.1.6.5. Rest of Europe
9.1.6.5.1. Rest of Europe Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
9.1.6.5.2. Rest of Europe Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
9.1.6.5.3. Rest of Europe Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
9.1.6.5.4. Rest of Europe Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)

 

10. Asia Pacific Acoustic Wave Sensors Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. Asia Pacific Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
10.1.3. Asia Pacific Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
10.1.4. Asia Pacific Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
10.1.5. Asia Pacific Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
10.1.6. Asia Pacific Acoustic Wave Sensors Market by Country (2018-2027 USD Mn)
10.1.6.1. China
10.1.6.1.1. China Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
10.1.6.1.2. China Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
10.1.6.1.3. China Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
10.1.6.1.4. China Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
10.1.6.2. Japan
10.1.6.2.1. Japan Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
10.1.6.2.2. Japan Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
10.1.6.2.3. Japan Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
10.1.6.2.4. Japan Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
10.1.6.3. Rest of Asia Pacific
10.1.6.3.1. Rest of Asia Pacific Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
10.1.6.3.2. Rest of Asia Pacific Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
10.1.6.3.3. Rest of Asia Pacific Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
10.1.6.3.4. Rest of Asia Pacific Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)

 

11. Latin America (LATAM) Acoustic Wave Sensors Market Analysis and Forecast, 2018 – 2027 (USD Mn)


11.1.1. Overview
11.1.2. Latin America Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
11.1.3. Latin America Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
11.1.4. Latin America Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
11.1.5. Latin America Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
11.1.6. Latin America Acoustic Wave Sensors Market by Country (2018-2027 USD Mn)
11.1.6.1. Brazil
11.1.6.1.1. Brazil Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
11.1.6.1.2. Brazil Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
11.1.6.1.3. Brazil Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
11.1.6.1.4. Brazil Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
11.1.6.2. Mexico
11.1.6.2.1. Mexico Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
11.1.6.2.2. Mexico Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
11.1.6.2.3. Mexico Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
11.1.6.2.4. Mexico Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
11.1.6.3. Rest of Latin America
11.1.6.3.1. Rest of Latin America Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
11.1.6.3.2. Rest of Latin America Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
11.1.6.3.3. Rest of Latin America Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
11.1.6.3.4. Rest of Latin America Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)

 

12. Middle East and Africa Acoustic Wave Sensors Market Analysis and Forecast, 2018 – 2027 (USD Mn)


12.1.1. Overview
12.1.2. MEA Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
12.1.3. MEA Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
12.1.4. MEA Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
12.1.5. MEA Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
12.1.6. Middle East and Africa Acoustic Wave Sensors Market, by Country (2018-2027 USD Mn)
12.1.6.1. GCC
12.1.6.1.1. GCC Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
12.1.6.1.2. GCC Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
12.1.6.1.3. GCC Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
12.1.6.1.4. GCC Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
12.1.6.2. South Africa
12.1.6.2.1. South Africa Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
12.1.6.2.2. South Africa Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
12.1.6.2.3. South Africa Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
12.1.6.2.4. South Africa Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)
12.1.6.3. Rest of MEA
12.1.6.3.1. Rest of MEA Acoustic Wave Sensors Market by Type (2018-2027 USD Mn)
12.1.6.3.2. Rest of MEA Acoustic Wave Sensors Market by Device (2018-2027 USD Mn)
12.1.6.3.3. Rest of MEA Acoustic Wave Sensors Market by Sensing (2018-2027 USD Mn)
12.1.6.3.4. Rest of MEA Acoustic Wave Sensors Market by Industry Vertical (2018-2027 USD Mn)

 

13. Company Profiles


13.1. Althen GmbH
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. Boston Piezo Optics Inc.
13.2.1. Business Description
13.2.2. Financial Health and Budget Allocation
13.2.3. Product Positions/Portfolio
13.2.4. Recent Development
13.2.5. SWOT Analysis
13.3. Christian Burkert GmbH & Co. KG
13.3.1. Business Description
13.3.2. Financial Health and Budget Allocation
13.3.3. Product Positions/Portfolio
13.3.4. Recent Development
13.3.5. SWOT Analysis
13.4. Campbell Scientific, Inc.
13.4.1. Business Description
13.4.2. Financial Health and Budget Allocation
13.4.3. Product Positions/Portfolio
13.4.4. Recent Development
13.4.5. SWOT Analysis
13.5. CTS Corporation
13.5.1. Business Description
13.5.2. Financial Health and Budget Allocation
13.5.3. Product Positions/Portfolio
13.5.4. Recent Development
13.5.5. SWOT Analysis
13.6. Dytran Instruments, Inc.
13.6.1. Business Description
13.6.2. Financial Health and Budget Allocation
13.6.3. Product Positions/Portfolio
13.6.4. Recent Development
13.6.5. SWOT Analysis
13.7. Electronic Sensor Technology Inc.
13.7.1. Business Description
13.7.2. Financial Health and Budget Allocation
13.7.3. Product Positions/Portfolio
13.7.4. Recent Development
13.7.5. SWOT Analysis
13.8. Hawk Measurement Systems
13.8.1. Business Description
13.8.2. Financial Health and Budget Allocation
13.8.3. Product Positions/Portfolio
13.8.4. Recent Development
13.8.5. SWOT Analysis
13.9. H. Heinz Mebwiderstande GmbH
13.9.1. Business Description
13.9.2. Financial Health and Budget Allocation
13.9.3. Product Positions/Portfolio
13.9.4. Recent Development
13.9.5. SWOT Analysis
13.10. ifm electronic GmbH
13.10.1. Business Description
13.10.2. Financial Health and Budget Allocation
13.10.3. Product Positions/Portfolio
13.10.4. Recent Development
13.10.5. SWOT Analysis
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