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Acoustic Wave Sensor Market (SAW And BAW) Worth $721.13 Million - Global Forecast by 2018 - New Report by MarketsandMarkets
Date:11/1/2013

facturers. The report draws the competitive landscape of Acoustic Wave Sensor Market, providing an in-depth comparative analysis of the technological and marketing strategies the key players are adopting in order to gain an edge over the their competitors.

In modern world, sensors are the need of the hour. Also, sensors have proved themselves as a continuously growing revenue stream due to increase in number of applications. Following the same trend, acoustic wave sensors have shown a significant growth in recent years across different industry verticals. The major applications of acoustic wave sensors are in industries, automotives, military and aerospace, consumer electronics, and healthcare. The largest application segment for acoustic wave sensors is the industrial segment due to their wireless and passive nature that makes them suitable for use on rotating components.

The automotive segment follows as the second largest application segment with a growing number of applications of these sensors such as tyre pressure monitoring, emission control, torque measurement, etc. Another emerging segment for acoustic wave sensors is the healthcare industry where there is an immense need for wireless sensors with smaller form factor. The demand for reliable, high performance, and low cost sensors is increasing, leading to the development of new technologies like the microtechnology and nanotechnology offering opportunities like miniaturization, low power consumption, mass production, etc.

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