The acoustic wave sensor market was valued at USD 422.8 Million in 2016 and is expected to grow at a CAGR of 10.7% between 2017 and 2023. The growing demand for acoustic-based temperature sensors from the various verticals fuels the growth of the acoustic wave sensor market for the temperature sensors.
The acoustic wave sensor market is driven by factors such as the growing adoption of acoustic wave sensors by various industries and the increasing demand for acoustic wave sensors for security and surveillance in verticals such as industrial, automotive, military, and healthcare.
Resonator expected to hold largest size of market based on device during forecast period
The resonator segment is anticipated to hold the largest share in the acoustic wave sensor market. Surface acoustic wave (SAW) resonators are independent of the mass of the piezoelectric substrate and, therefore, are suitable for high-frequency applications. The vibrations generated in SAW resonators are mechanical andcontinue reading →