Global Bulk Acoustic Wave Sensor Market

Bulk Acoustic Wave Sensor Market by End-user Industry (Aerospace & Defense, Healthcare, Industrial, Telecommunications, Consumer Electronics, Automotive, and Others) and Regions (Asia Pacific, Europe, North America, and Rest of the World) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-2702
  • Author: Growth Market Reports
  • Rating: 4.8
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  • No. Of Pages: 189
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The bulk acoustic wave sensor market size was valued at USD 513.4 million in 2020 and is estimated to grow at a robust CAGR during the forecast period, 2021-2028. The growth of market is attributed to increasing popularity and rapid adoption of wireless technologies.

Global Bulk Acoustic Wave Sensor Market summary

The global bulk acoustic sensor market is estimated to grow at a rapid pace due to increasing number of application across segments and the traditional variety of application sector owing to its less reaction time, passive nature, and wireless operations.

BAW sensors remits high performances with low insertion loss at high frequency levels, and are less sensitive when temperature changes, hence the range of the frequency supported by BAW is ideal for extremely challenging applications.

Rapid increase in demand for the technologies such as LTE has made RF features mandatory in all the tablets and smart phones since the manufacturing cost of BAW sensors is low it act as a key factor in driving the market.

These BAW sensors are able to resolve the interference and challenges globally. They are operators and manufacturers to convey high speed and wider bandwidth that might just become obsolete with the older filtering technologies.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing shipments of smart gadgets such as tablets and phones is expected to drive the market during the forecast period.
  • Cost of production for BAW sensor in comparatively low and works efficiently which is anticipated to boost the market in the coming years.
  • Increasing demand for the advanced wireless technologies such as LTE and mandatory use of RF in all smart gadgets is anticipated to drive the market during the projected period.
  • High in performance and less sensitive during the climatic changes makes BAW ideal option that is estimated to drive the market in the coming years.
  • Lack of awareness about the type of sensors such as gas sensor and their problems such as small size, sensitive to environmental factors, high energy consumptions hinder the market growth.
  • Rapid growth in the automotive industry to reduce the accidents and decrease the impact of accidents, sensors plays a vital role which is expected to offer lucrative opportunities to the players in the market.

Scope of the market

The report on the global bulk acoustic wave market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Bulk Acoustic Wave Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

End-user Industry (Aerospace & Defense, Healthcare, Industrial, Telecommunications, Consumer Electronics, Automotive, and Others)

Regional Scope

Asia Pacific, Europe, North America, and Rest of the World

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Teledyne Wireless LLC; Panasonic Corp; Muraat Manufacturing Co. Ltd; TDK Epcos- TDK Corporation; CTS Corporation.

Market Segment Insights

The telecommunications segment is projected to exhibit a high CAGR

On the basis of end-user industries, the market is fragmented into aerospace & defense, healthcare, industrial, telecommunications, consumer electronics, automotive, and others. The telecommunications segment is anticipated to exhibit a high CAGR during the forecast period due to increase in the usage of IoT devices such as smart phones, tablets, and i-Pads. However the aerospace and defense segment is anticipated to grow at rapid pace due to many usage available for various application. 

Global Bulk Acoustic Wave Sensor Market end-user

Asia Pacific is estimated to dominate the market

In the terms of regions, the market is segregated into Asia Pacific, Europe, North America, and Rest of the world. Asia Pacific is estimated to dominate the market owing to one of the main mobile subscripted population in the world, advancement in automobile applications sectors in developed and developing countries such as India, Japan, and China. On the other hand the market in Europe is anticipated to grow at a significant pace due to growing demand for advanced technologies and potential growth opportunities in BAW sensor market.

Segments

The global bulk acoustic wave sensor market has been differentiated on the basis of

End user industries

  • Aerospace and Defense
  • Healthcare
  • Industrial
  • Telecommunications
  • Consumer Electronics
  • Automotives
  • Others

Regions

  • Asia Pacific
  • Europe
  • North America
  • Rest of the World

Key Players

  • Teledyne Wireless LLC
  • Panasonic Corp
  • Muraat Manufacturing Co. Ltd
  • TDK Epcos- TDK Corporation
  • CTS Corporation

Competitive Landscape

Key players competing in the global bulk acoustic wave market include Teledyne Wireless LLC; Panasonic Corp; Muraat Manufacturing Co. Ltd; TDK Epcos- TDK Corporation; CTS Corporation.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance

In April 2021, Panasonic Corp developed the world’s first sensitivity improvement technology for far infrared sensors with photonic crystal structure.

In September 2021, Panasonic Corp developed new nanoe (TM) X device that generates the high concentration of OH radicals in the history of nanoe (TM) technology.

Global Bulk Acoustic Wave Sensor Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bulk Acoustic Wave Sensor Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Bulk Acoustic Wave Sensor Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Bulk Acoustic Wave Sensor Market - Supply Chain
  4.5. Global Bulk Acoustic Wave Sensor Market Forecast
     4.5.1. Bulk Acoustic Wave Sensor Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Bulk Acoustic Wave Sensor Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Bulk Acoustic Wave Sensor Market Absolute $ Opportunity
5. Global Bulk Acoustic Wave Sensor Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Bulk Acoustic Wave Sensor Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Bulk Acoustic Wave Sensor Demand Share Forecast, 2019-2026
6. North America Bulk Acoustic Wave Sensor Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Bulk Acoustic Wave Sensor Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Bulk Acoustic Wave Sensor Demand Share Forecast, 2019-2026
7. Latin America Bulk Acoustic Wave Sensor Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Bulk Acoustic Wave Sensor Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Bulk Acoustic Wave Sensor Demand Share Forecast, 2019-2026
8. Europe Bulk Acoustic Wave Sensor Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Bulk Acoustic Wave Sensor Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Bulk Acoustic Wave Sensor Demand Share Forecast, 2019-2026
9. Asia Pacific Bulk Acoustic Wave Sensor Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Bulk Acoustic Wave Sensor Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Bulk Acoustic Wave Sensor Demand Share Forecast, 2019-2026
10. Middle East & Africa Bulk Acoustic Wave Sensor Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Bulk Acoustic Wave Sensor Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Bulk Acoustic Wave Sensor Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Bulk Acoustic Wave Sensor Market: Market Share Analysis
  11.2. Bulk Acoustic Wave Sensor Distributors and Customers
  11.3. Bulk Acoustic Wave Sensor Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Teledyne Wireless LLC
     11.4.2. Panasonic Corp
     11.4.3. Muraat Manufacturing Co. Ltd
     11.4.4. TDK Epcos- TDK Corporation
     11.4.5. CTS Corporation

The global bulk acoustic wave sensor market has been differentiated on the basis of

End user industries

  • Aerospace and Defense
  • Healthcare
  • Industrial
  • Telecommunications
  • Consumer Electronics
  • Automotives
  • Others

Regions

  • Asia Pacific
  • Europe
  • North America
  • Rest of the World

Key Players

  • Teledyne Wireless LLC
  • Panasonic Corp
  • Muraat Manufacturing Co. Ltd
  • TDK Epcos- TDK Corporation
  • CTS Corporation

Key players competing in the global bulk acoustic wave market include Teledyne Wireless LLC; Panasonic Corp; Muraat Manufacturing Co. Ltd; TDK Epcos- TDK Corporation; CTS Corporation.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. For instance

In April 2021, Panasonic Corp developed the world’s first sensitivity improvement technology for far infrared sensors with photonic crystal structure.

In September 2021, Panasonic Corp developed new nanoe (TM) X device that generates the high concentration of OH radicals in the history of nanoe (TM) technology.

Global Bulk Acoustic Wave Sensor Market keyplayers

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