MRO Magazine

Research and Markets: China Acoustic Sensors Market Is Expected To Increase To $0.44 Billion By 2018 At A Cagr Of 15.80% Over The Period 2014-2020, New Report Says


June 17, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/8hkn8m/china_acoustic) has announced the addition of the “China Acoustic Sensors Market – Growth, Trends And Forecasts (2014 – 2020)” report to their offering.

China contributed approximately 45% to the total Asia Pacific Acoustic Sensors market. China is expected to grow at a faster rate and will continue to remain the largest market for acoustic wave sensors in Asia Pacific during the forecast period. Industries that provide potential applications for acoustic wave sensor such as mining, automotive, food & beverages, power generation, pulp & paper, chemical, and plastics are expected to show high growth in the future. The Inclination of Growth towards Telecommunications Market, Wireless and Passive Nature, Low Manufacturing Cost and Technological Developments are the key drivers which are making the Acoustic Wave Sensors market to grow lucratively. The largest application segment for acoustic wave sensors is the industrial segment, followed by automotive segment.

The growth of the Acoustic Wave Sensors Market is currently being hindered by replacing SAW Sensors with other sensors in conventional applications and low mass sensitivity. The demand for reliable, high performance and low cost sensors is growing and leading to the development of latest technologies like micro technology and nanotechnology, offering opportunities like miniaturization and mass production. The temperature, pressure, torque, and viscosity sensors are most widely used, but there will be a healthy growth of other sensors such as mass and humidity in the future.

The Acoustic Sensors Market is segmented on the basis of:

  • Type (Surface Wave Sensors, Bulk Wave Sensors)
  • Sensing Parameters (Temperature, Pressure, Mass, Torque, Humidity, Viscosity and Chemical Vapor)
  • End User Industry (Automotive, Aerospace & Defense, Consumer Electronics, Healthcare and Industrial)

Key Topics Covered

1. Introduction

2. Key Findings

3. Market Overview & Dynamics

4. Introduction

5. Porter’s Five Forces Analysis

6. Market Segmentation

7. Company Profiles

8. Investment Analysis

9. Future of Acoustic Sensors Market

Companies Mentioned

  • Api Technologies
  • Asr&D
  • Boston Piezo-Optics
  • Ceramtec
  • Cts
  • Ecs
  • Epcos
  • Epson Toyocom
  • Honeywell International
  • Kyocera
  • Murata Manufacturing
  • Panasonic
  • Phonon
  • Rakon
  • Raltron Electronics
  • Senseor
  • Shoulder Electronics
  • Teledyne Microwave Solutions
  • Triquint Semiconductor
  • Vectron International

For more information visithttp://www.researchandmarkets.com/research/8hkn8m/china_acoustic

Research and Markets
Laura Wood, Senior Manager
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