Acoustic Sensors Market by Application, End-user, and Geography - Forecast and Analysis 2021-2025

The acoustic sensors market is projected to grow by USD 377.41 million with a CAGR of 10%, during the forecast period 2020 to 2025.

The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (telecom, automotive, consumer electronics, and others), application (SAW sensor and BAW sensor), and geography (North America, APAC, Europe, MEA, and South America).

The acoustic sensors market report also offers information on several market vendors, including Boston Piezo-Optics Inc., Campbell Scientific Inc., CeramTec GmbH, CTS Corp., Dytran Instruments Inc., Honeywell International Inc., KYOCERA Corp., Murata Manufacturing Co. Ltd., Panasonic Corp., and Siemens AG among others.

Boston Piezo-Optics Inc. - The company offers custom and OEM-specified piezoelectric transducer crystals. Applications of these piezoelectric transducer crystals include acoustic holography, non-destructive testing and evaluation, acousto-optical components, pressure transducers, flow, and level sensing, and others. Under the unified segment, the company is involved in manufacturing and marketing piezoelectric components, SAW substrates, optical components, and materials.

What will the Acoustic Sensors Market Size be During the Forecast Period?

Get the Acoustic Sensors Market Size Forecast by Download Report Sample

Parent Market Analysis

Technavio categorises the global acoustic sensors market as a part of the global electronics market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market during the forecast period.

Acoustic Sensors Market: Key Drivers, Trends, and Challenges

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Acoustic Sensors Market Driver

• One of the key factors driving growth in the market is the proliferation of smartphones and tablets.
• Advanced wireless technology has enabled the development of new RF features compulsory in smartphones and tablets.
• The prolific growth in the shipment of tablets and smartphones has created a steady demand for filter technologies, especially BAW sensors, given their compatibility with higher bandwidth frequencies and the growing proliferation of 4G/LTE networks.
• The proliferation of smartphones and tablets is expected to encourage RF device manufacturers to develop high-performance RF components that meet the requirements of mobile device manufacturers.

Key Acoustic Sensors Market Challenge

• The increasing complexity of RF will be a major challenge for the market during the forecast period.
• With the increase in RF front-end complexity, designers and engineers are continuously working on new methods and techniques to develop complex multi-chip modules that provide incremental improvements. However, the existing RF front-end technology has only a limited number of OEMs, which can develop single reference designs that will work in all regions. Thus, the increasing complexity of RF is one of the major challenges faced by vendors in the global market. 

This market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Acoustic Sensors Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain and parent market of the acoustic sensors market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.

Which are the Key Regions for Acoustic Sensors Market?

Get a glance at the market share of various regions by Requesting a PDF Sample now!

36% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for acoustic sensors in APAC. Market growth in this region will be faster than the growth of the market in other regions. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What is the Fastest-Growing End-user Segment in the Acoustic Sensors Market?

To gain insights on the market contribution of various segments Request a PDF Sample

The market share growth by the telecom segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the market size and actionable market insights on the post-COVID-19 impact on each segment.

Request PDF sample

What are the Key Data Covered in this Acoustic Sensors Market Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive market growth during the next five years
• Precise estimation of the market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behaviour
• The growth of the market industry across North America, APAC, Europe, MEA, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive analysis of factors that will challenge the growth of market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch