North America Acoustic Wave Sensor Market is Expected to Reach $151.3 million by 2019

The North American acoustic wave sensor market was valued at $79.7 million in 2014, and is expected to reach $151.3 million by 2019, at a CAGR of 13.7% from 2014 to 2019.

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.

This market is segmented and forecast based on application and sensing parameters. The market, in terms of sensing parameters, comprises air flow sensors, chemical sensors, flow sensors, humidity sensors, pressure sensors, temperature sensors, torque sensors, and other sensing parameters. The market is further segmented and forecast based on applications, covering the automotive, consumer electronics, industrial manufacturing, medical, military, and defense industries.

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Their wireless nature provides them the ability to measure parameters such as torque, pressure, and temperature on rotating components with simplicity. In comparison, conventional strain sensing technologies require either a direct wired connection with slip rings to enable transmission of power and signal across the rotary/stationary boundary, or on-board electronics which typically comprise a battery, local signal conditioner, and transmit/receive radio components. Due to this, acoustic wave sensors are expected to dominate the market in the coming years.

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North America is one of the most technologically advanced application markets for acoustic wave sensors, due to the presence of prominent system suppliers, large semiconductor companies, and sensor manufacturers in the region. The size of the region, the affluence of its consumers, and the competitiveness of medical equipment manufacturers (OEMs) make it a quality market for acoustic wave sensor manufacturers. One of the major players in the acoustic wave sensor market in this region is Honeywell International (U.S.).

This report includes market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and the company profiles of key players in this market.


Related Report:

Europe Acoustic Wave Sensors Market 

The Europe acoustic wave sensor market report defines and segments the concerned market in Europe with analysis and forecast of revenue. This market was valued at $118.9 million in 2013, and is expected to reach $243.6 million by 2018.

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