Acoustic Wave Sensor Market Size, Share, Emerging Trend | Impact of COVID-19
Market Scenario: Regionally, North America accounted for the largest market share from countries such U.S. and Canada among others. The reason is attributed to growing demand for high-end technology solutions, increasing R&D happening in this region and increasing usage of acoustic sensors in the aerospace and defense sector. However, Asia Pacific is expected to grow over the forecast period, 2017-2023. The reason is attributed to presence of large number of manufacturers and the increasing growth of automotive industries. The global Aoustic Wave Technology Sensors Market can be bifurcated as type, device, end-users and region. On the basis of type, the market can be segmented as bulk acoustic wave sensor and surface acoustic wave sensor. Out of these, surface acoustic wave sensor accounted for the largest market share majorly due to wireless and passive nature of sensors, penetration of micro electro mechanical system (MEMS) technology and low manufacturing cost. However, bulk