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Acoustic Wave Sensor Market Trends

  • Report ID: GMI10914
  • Published Date: Aug 2024
  • Report Format: PDF

Acoustic Wave Sensor Market Trends

The acoustic wave sensor industry is witnessing robust growth, primarily fueled by the escalating demand for precise and reliable sensing solutions across various industries. This growth is closely linked to advancements in industrial automation and the Internet of Things (IoT), where acoustic wave sensors are increasingly used for real-time data collection and monitoring. These sensors are favored for their high sensitivity, accuracy, and versatility, which make them suitable for applications ranging from environmental monitoring to process control. Moreover, the development of new materials and improved fabrication techniques has enhanced sensor performance while reducing manufacturing costs. For instance, In July 2024, advancements in flexible surface acoustic wave (SAW) technology are making waves in wearable electronics and sensing. Researchers developed high-performance AlScN piezoelectric film-based flexible SAW sensors to tackle issues caused by mechanical strains and deformations. These sensors demonstrated impressive UV sensitivity of 1.71 KHz/(mW/cm²) under bending strains and UV illumination.
 

The integration of acoustic wave sensors into wearable technology is a rapidly advancing trend, driven by their ability to provide accurate and real-time health monitoring. These innovations reflect a broader industry trend toward integrating sophisticated sensor technologies into consumer electronics, underscoring the growing importance of acoustic wave sensors in the wearable tech sector. For instance, in March 2023, Apple filed patents for advanced acoustic wave sensors, particularly focusing on integrating biosensors into its AirPods. The patent, titled "Biosignal Sensing Device Using Dynamic Selection of Electrodes," outlines a system that allows AirPods to monitor various biosignals, including brain activity, muscle movement, and heart function.
 

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for acoustic wave sensor was USD 1.37 billion in 2023 and is expected to register over 11% CAGR from 2024-2032 owing to growing environmental concerns pushing for advanced monitoring solutions, which fuels demand for acoustic wave sensors worldwide.

Acoustic wave sensor industry from the surface acoustic wave (SAW) sensors segment held over 63% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to their exceptional sensitivity and reliability in detecting various physical and chemical changes.

Asia Pacific industry held over 34.5% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to its rapid industrialization, technological advancements, and significant investments in automation and smart technologies in the region.

Honeywell International Inc., Siemens AG, Electronic Sensor Technology, General Electric Company, CTS Corporation, Transense Technology Plc., and AVX Corporation., are some of the major acoustic wave sensor companies worldwide.

Acoustic Wave Sensor Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 369
  • Countries covered: 21
  • Pages: 270
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