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Showing posts with the label Acoustic Wave Sensor Market growth

Acoustic Wave Sensor Market Trends, Growth And Regional Outlook 2027

  Market Scenario: The global acoustic wave sensor 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 acoustic wave sensor segment is expected to grow over the forecast period, 2017-2023. The factors contributing to the growth of the  Acoustic Wave Sensor Market Size  are high demand for saw-based temperature sensors from end-user verticals and growing concern toward security and surveillance and high implementation in the automotive industry. However, factors such as computational cost and technical issues associated with energy consumption, and sensitivity are hindering the growth of the acoustic wave sensor market. Furt