“Europe Acoustic Wave Sensor Market by Sensing Parameter (Temperature, Pressure, Mass, Torque, Humidity, Viscosity, Chemical Vapor), by Application (Automotive, Military &Aerospace, Consumer Electronics, Healthcare, Industrial) & Geography – Analysis & Forecast To 2019 “

Date: 2015-07

“The acoustic wave sensor market is estimated to grow at a CAGR of 18% from 2014 to 2019. Acoustic wave sensor market had a market share of 20.5% in Europe’s market in the year 2014. The growth of acoustic wave sensor market is driven by factors such as increasing demand in automotive, industrial usage, consumer electronics, healthcare, and aerospace & military.

In this report, the acoustic wave sensor for the European market has been broadly classified based on sensing parameters mainly temperature, humidity, torque, pressure, mass, viscosity, chemical vapor, and other minor influential factors as well. The temperature based acoustic wave sensors market is expected to grow at a CAGR of 15.5% from 2014 to 2019. This is mainly influenced due to their increasing demands in multiple sectors used in cleanrooms, air quality monitors, atmospheric monitors, humidity sensor, pressure indicators and many more.

In Europe, the United Kingdom is estimated to command the largest market of the acoustic wave sensor market, valued at $95.5 million, followed by Germany, France and Italy by the end of 2019. The acoustic wave sensor market of UK is growing at a CAGR of 19% from 2014 to 2019. The factors driving the growth of acoustic wave sensors in the U.K. are the increasing use of acoustic wave sensor in applications such as automotive, aerospace & military, healthcare, consumer electronics, and industrial sector.

There are a number of players in the European region for acoustic wave sensor market which marks it competitiveness. As of 2014, the European acoustic wave sensor market has top-notch market players including Siemens, Honeywell International, CTS Corporation, TDK Corporation, and Crane Aerospace & Electronics. New product launches and partnerships, agreements, collaborations, and joint ventures are the major strategies adopted by most market players to achieve growth in the acoustic wave sensor market.

Customization Options:

Along with the market data, you can also customize the MMM assessments that are in accordance to your company’s specific needs. Customize to get comprehensive industry standard and deep-dive analysis of the following parameters:

• Product Analysis:
 Usage pattern (in-depth trend analysis) of products (segment-wise)
 Product matrix, which gives a detailed comparison of product portfolio of each company mapped at country and sub-segment level
 End-user adoption rate analysis of the products (segment-wise and country-wise)
 Comprehensive coverage of product approvals, pipeline products, and product recalls.

• Data from Manufacturing Firms:
 Fast turn-around analysis of manufacturing firms’ responses to recent market events and trends
 Various firms’ opinions about different applications where acoustic wave sensor can be used
 Qualitative inputs on macro-economic indicators, mergers & acquisitions in each geography.

• Comparative Analysis:
 Market data and key developments of top companies

• Shipment/Volume Data:
 Tracking the value of components shipped annually in each geography

• Trend analysis of Application:
 Application matrix, which gives a detailed comparison of application portfolio of each company, mapped in each geography

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