Global Acoustic Wave Sensor Market By Type (Surface Acoustic Wave (Rayleigh Surface Wave Sensors, SH-SAW or STW Sensors, FPW Sensors), Bulk Acoustic Wave (TSM Sensors, SH-APM Sensors)), Device (Resonator, Delay Line), Sensing Parameter (Temperature, Pressure, Humidity, Mass, Torque, Viscosity, Chemical Vapor/Gas), End-User (Military, Automotive, Industrial, Food and Beverages, Healthcare, Environmental)

Market Definition: Global Acoustic Wave Sensor Market
An acoustic wave sensor is a device that responds to a physical, chemical, biological, or electrical stimulus by producing an electrical output signal that is a function of the input stimulus. The input stimuli include changing pressure, temperature, stress, or concentration of gas which results in the acoustic sensor to respond by changing its resonant frequency. Acoustic wave sensors have a large market potential as they are competitively priced, rugged, sensitive, reliable, and can have passive as well as wireless connectivity. These sensors become ideal devices for measurement and monitoring desired parameters at remote locations.

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Market Drivers:
• Increasing concern toward security and surveillance
• Increasing demand for saw-based temperature sensors
• Low cost and reliability for small sensors

Market Restraints:
• Limitations for technology upgradation
• Issues associated with energy consumption

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Segmentation: Global Acoustic Wave Sensor Market
By Type
• Surface Acoustic Wave
o Rayleigh Surface Wave Sensors
o SH-SAW Or STW Sensors
o FPW Sensors
• Bulk Acoustic Wave
o TSM Sensors
o SH-APM Sensors
By Device
• Resonator
• Delay Line
• Holographic Television
• Holographic Tele presence
By Sensing Parameter
• Temperature
• Pressure
• Humidity
• Mass
• Torque
• Viscosity
• Chemical Vapour/Gas
By Vertical (End-User)
• Military
• Automotive
• Industrial
• Food and Beverages
• Healthcare
• Environmental
• Others

Key Developments in the Market
In March 2017, Vectron International entered into an agreement with Furuno to provide Furuno’s Global Navigation Satellite Systems (GNSS) receivers and timing modules in North America. This acquisition has led the company to offer customers the leading choice in GNSS timing products in the market
In September 2015, a common research laboratory name Physical acoustics was inaugurated with a purpose of research in thefield of Sensors, Surface and Bulk Acoustic Waves and Sensing Systems.

Competitive Analysis: Global Acoustic Wave Sensor Market
Global acoustic wave sensor market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of acoustic wave sensor market for Global, Europe, North America, Asia Pacific, South America and Middle East and Africa.

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