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Sound Sensors Market By Type (Surface Acoustic Wave (SAW) Sensor, Bulk Acoustic Wave (BAW) Sensor), By Application (Automotive, Healthcare, Aerospace & Defense, Manufacturing & Processing, Consumer Electronics), By Sensing Parameters (Temperature, Torque, Pressure, Mass, Humidity, Viscosity, Chemical Vapor) - Growth, Share, Opportunities & Competitive Analysis, 2018 – 2026

Industry Outlook

Sound sensors are simple transducers that are used to measure physical parameters such as acoustics or surface vibrations. These sound sensors are also used to measure or sense different physical parameters such as pressure, temperature, humidity, viscosity, torque, mass, and chemical vapor. These sensors are extensive across several end-user applications and provide feedback to the centralized system. Based on the feedback, the centralized command system will undertake proportional action in order to maintain the sanity of the system. Consequently, sound sensors have become a critical part of any industry as well as domestic automation. Furthermore, rapid evolution in the telecommunications sector is also encouraging the demand for sound sensors.

Market Synopsis

The expansion of the automotive industry provided strong support for the growth of the sound sensor market.

Following the economic downturn, the automotive industry has emerged as one of the most robust sectors in terms of market growth. Consumers' increasing purchasing power in Asia Pacific's developing regions enabled automakers to introduce more sophisticated and advanced vehicles loaded with features. This certainly stimulated the demand for sound sensors in the automotive sector, and therefore, automotive applications emerged as the biggest consumers of sound sensors, among other applications. Healthcare is still in its early stages, but it is a strong contender for automotive applications. The use of sound sensors in medical and healthcare devices has been a common practice for the past few years, and the proliferation of sensors in future devices is helping healthcare applications gain top spots among other applications.

Asia Pacific is expected to overtake North America in the global sound sensor market.

At present, North America is at the center of global automation and smart devices, which has therefore encouraged the demand for sound sensors in this particular region. The region is home to some of the major sound sensor manufacturers and has a high acceptance rate for new technology. Consequently, North America emerged as the global leader in the sound sensor market. However, automation is changing the face of industrial manufacturing and processing and other end-user applications in the Asia Pacific.

Such radical changes are encouraging the demand for sound sensors in Asia and the Pacific. Furthermore, rising consumer economic capability and spending power have increased demand for smart devices, smart automotive, and consumer electronics. All these factors are contributing to the growing sound sensor market in Asia Pacific and are expected to overtake the market in North America during the forecast period from 2018 to 2026.

Market Segmentation

Competitive Landscape

The research study covers some of the leading sound sensor manufacturers, including Honeywell International Inc., Epson Toyocom Corporation, Panasonic Corporation, Teledyne Microwave Solutions, API Technologies Corp., Boston Piezo-Optics Inc., Phonon Corporation, CTS Corporation, Vectron International, and CeramTec. The sound sensor market is highly fragmented, with several local as well as international players contributing to the overall market value. Major sound sensor manufacturers are coming up with business strategies in order to maintain their market position without compromising on their profit share.

Strategies such as the miniaturization of sound sensors and boosting the accuracy and precision of their products are top priorities for several international players. Furthermore, these companies' primary strategy is to expand their geographical presence by entering developing markets. However, the simplicity of the device and low cost of production attracted several small companies to enter the market to claim their share. The market is expected to become highly competitive in the coming years.

Frequently Asked Questions: 

The market for Sound Sensors Market is expected to reach XX Mn in 2026.

The Sound Sensors Market is expected to see significant CAGR growth over the coming years, at XX%.

The report is forecasted to 2018-2026.

The base year of this report is 2017.

Honeywell International Inc.,Epson Toyocom Corporation,Panasonic Corporation,Teledyne Microwave Solutions,API Technologies Corp are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Mar 2019
Category:  Technology & Media
Report ID:   59615
Report Format:   PDF
Pages:   120
Rating:    4.4 (69)
Delivery Time: 24 Hours to 48 Hours   
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