South America Acoustic Wave Sensor Market is Expected to Reach $24.4 million By 2019

Date: 2015-08-12

“Acoustic wave sensors are expected to show good growth across different application segments, owing to their competitive advantages over other technologies. Acoustic wave temperature and pressure sensors are increasingly used in automotive and industrial applications, in addition to torque sensors as well. The South America acoustic wave sensor market was valued at $12.4 million in 2014, and is expected to reach $24.4 million, at a CAGR of 14.5% from 2014 to 2019. 

The South America acoustic wave sensor market is segmented on the basis of sensing parameter, application, and geography. On the basis of application, this market is classified into automotive, military & aerospace, industrial sector, consumer, and healthcare among other application segments. Similarly, according to sensing parameter, the market is segmented into temperature sensing, pressure sensing, mass sensing, torque sensing, humidity sensing, viscosity sensing, and chemical vapor sensing among others. 

The report provides competitive landscaping of key companies operating in this market. These include Honeywell International (U.S.), Siemens AG (Germany), Murata Manufacturing (Japan), Vectron International (U.S.), and CTS Corporation (U.S.) among others.

The segment and country specific company shares, news & deals, mergers & acquisitions, segment specific pipeline products, product approvals, and product recalls of major companies have been detailed in this report. 


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