Acoustic Wave Sensors To Achieve Market Altitude Of $868.3 Million

According to a market research report titles “Acoustic Wave Sensor Market by Type, Device, Sensing Parameter, Vertical and Geography”,  the Acoustic Wave Sensor Market was valued at USD 422.8 Million in 2016 and is expected to reach USD 868.3 Million by 2023, at a CAGR of 10.7% between 2017 and 2023. The acoustic wave sensor market is driven by factors such as the growing adoption of acoustic wave sensors by various industries and the increasing demand for acoustic wave sensors for security and surveillance in verticals such as industrial, automotive, military, and healthcare.

 

Resonator expected to hold largest size of market based on device during forecast period

Automotive expected to hold largest size of market based on vertical by 2023

Market for torque sensing expected to grow at highest CAGR between 2017 and 2023

Market in APAC anticipated to grow at highest CAGR between 2017 and 2023

 

Major players involved in the acoustic wave sensor market include Althen GmbH Mess- und Sensortechnik (Germany), Vectron International Inc. (US), Qualtre Inc. (US), SENSeOR SAS (France), NanoTemper Technologies GmbH (Germany), Transense Technologies plc (UK), Sensor Technology Ltd. (US), Pro-micron GmbH & Co. KG (Germany), Hawk Measurement Systems (Australia), and H. Heinz Meßwiderstände GmbH (Germany).

 

If this tickles your market bone, you can browse data tables, figures, and a table of contents spread across 139 pages.

Suggested Articles

An accelerometer measures the rate of change of an object’s velocity to monitor its movement.

From cell phones to industrial manufacturing, knowing when an object (or a person!) is nearby is a basic sensing requirement.

Compact and rugged sensors from Balluff monitor temperature of fluids and compressed air.