The global market for Surface-Acoustic Wave Devices is expected to register a CAGR of more than 5.5% during the forecast period 2022-2027.
Due to their small size, rugged nature, economical to produce, stability in operation, and having applications across various end-user industries, the surface acoustic wave make them an increasingly adopted sensor technology during the forecast period. Various characteristics of the wireless and passive nature of these surface acoustic wave Devices are the major driving factor for the increased applications of these sensors. These characteristics include no power is needed to be applied separately to these sensors, as they get their energy requirement fulfilled from interrogating radio frequency (RF) pulse to excite the surface acoustic wave (SAW) and transmit its response. Surface acoustic wave pressure type devices being passive in nature (no external power requirement) opens up an enormous potential to be used in the smallest of enclosures and, with their remote sensing abilities, gives them an edge over other sensing devices. These sensors are now extensively being used in the automotive industry to monitor the tyre pressure and give information to the driver in the cabin. In the overall surface acoustic wave technology, SAW and BAW are substitutes and complementary technologies. SAW components, such as filters, can be manufactured to about 2.0 or 2.5 GHz before the SAW transducers’ dimensions become unmanageably small.
The Surface-Acoustic Wave Devices Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this Market Hitachi High-Technologies, Kyocera, FEI, JEOL, Microchip, NEC Corporation, Carl Zeiss, Raytheon Company, TDK, Panasonic, API Technologies, Infineon, Murata Manufacturing, Boston Piezo-Optics, AVX and others.
Recent Developments
December 2021 - Microchip Technology Inc. announced a significant expansion of its Gallium Nitride (GaN) Radio Frequency (RF) power device portfolio with new MMICs and discrete transistors that cover frequencies up to 20 gigahertz (GHz). The company’s SAW sensors and microelectromechanical systems (MEMS) oscillators and highly integrated modules combine microcontrollers (MCUs) with RF transceivers (Wi-Fi MCUs) that support major short-range wireless communications protocols from Bluetooth and Wi-Fi to LoRa.
Surface-Acoustic Wave Devices Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Applications it is segmented into
The availability of cheap labor and raw materials have encouraged these manufacturers to set up their manufacturing facilities in this region, which subsequently, has increased the demand for SAW devices in Asia Pacific and is expected to remain doing so over the years to come. Hitherto, China, Taiwan, and Japan have been dominating the Asia Pacific market for SAW devices. North America stood second in the global market for SAW devices in previous year and is anticipated to continue at the same position in the years to come, thanks to the widespread application of these devices across a number of industries in this region.
The Surface-Acoustic Wave Devices Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Surface-Acoustic Wave Devices Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.5% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Hitachi High-Technologies, Kyocera, FEI, JEOL, Microchip, NEC Corporation, Carl Zeiss, Raytheon Company, TDK, Panasonic, API Technologies, Infineon, Murata Manufacturing, Boston Piezo-Optics, AVX and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 130 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Surface-Acoustic Wave Devices Market is studied from 2017 - 2027.
What is the growth rate of Surface-Acoustic Wave Devices Market?
The Surface-Acoustic Wave Devices Market is growing at a CAGR of 5.5% over the next 5 years.
Who are the leading key players in Surface-Acoustic Wave Devices Market?
Hitachi High-Technologies, Kyocera, FEI, JEOL, Microchip, NEC Corporation, Carl Zeiss, Raytheon Company, TDK, Panasonic, API Technologies, Infineon, Murata Manufacturing, Boston Piezo-Optics, AVX and others.
What regions regions does this Surface-Acoustic Wave Devices Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Surface-Acoustic Wave Devices Market?
Filters, Oscillators, Resonators, Transducers, Others
What are the significant Applications of Surface-Acoustic Wave Devices Market?
Aerospace & Defense, Telecommunication, Environmental & Industry, Automotive, Consumer Electronics, Healthcare & Medical, Others
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SECONDARY RESEARCH
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PRIMARY RESEARCH
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MARKET ENGINEERING
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REPORT WRITING/ PRESENTATION
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