The North American acoustic wave sensor market is expected to reach $123.6 million by 2018 - New Report by MicroMarket Monitor
(PRWEB) September 30, 2014 -- The North American acoustic wave sensor was valued at $73.0 million in 2013, and is expected to reach $123.6 million by 2018, at a CAGR of 11.1% from 2013 to 2018.
Browse through the TOC of the North American acoustic wave sensor market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of the market, and is supported by various tables and figures.
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This market is segmented and forecast based on types and end-users. The market in terms of type comprises air flow sensor, chemical sensor, flow sensor, humidity sensor, pressure sensor, temperature sensor, torque sensor, and other types. The market is further segmented and forecast based on end-users, covering automotive, consumer electronics, industrial manufacturing, medical, military, and other end-users.
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One of the biggest advantages of acoustic wave sensors over the other sensors like captive or piezoresistive is their wireless and passive nature. This implies that no power needs to be separately applied to the sensor as it gets the energy from interrogating Radio Frequency (RF) pulse to excite the Surface Acoustic Wave (SAW) and transmit its response. Wireless nature provides them the ability to measure parameters, such as torque, pressure, and temperature on rotating components with simplicity unlike the conventional strain sensing technologies which require either a direct wired connections with slip rings to enable transmission of power and signal across the rotary/stationary boundary, or the on-board electronics which typically comprises a battery, local signal conditioner, and transmit/receive radio components. Due to these properties, acoustic wave sensors are expected to cannibalize the market for the other types of sensors in the coming years.
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North America is one of the most technologically advanced application markets of acoustic wave sensor due to the presence of prominent system suppliers, large semiconductor companies, and sensor manufacturers. The size of the region, the affluence of its consumers, and the competitiveness of the automotive original as well as medical equipment manufacturers (OEMs) make it a quality market for the acoustic wave sensor manufacturers. One of the major players of acoustic wave sensor market in this region is Emerson (U.S.).
This report includes market share and value chain analysis, along with market metrics, such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
Related Reports :
Europe Acoustic Wave Sensors Market
Acoustic Wave Sensors-Europe can be segmented by Types, Endusers, Companies and MacroIndicators. Types of this market are Temperature Sensor, Pressure Sensor, Air Flow Sensor, Torque Sensor, Humidity sensor, Flow Sensor, Chemical sensor and Other Types. Endusers of this market are Automotive, Military, Consumer Electronics, Medical, Industrial Manufacturing and Other Endusers. Companies of this market are Vectron, Honeywell International,Inc, Murata Manufacturing Co Ltd, CTS Corporation and Sensor. MacroIndicators of this market are R&D Expenditure.
http://www.micromarketmonitor.com/market/europe-acoustic-wave-sensors-6742939022.html
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