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Surface acoustic waves (SAW) are types of longitudinal waves that travel parallel to the surface of the elastic material with the speed of the sound undergoing adiabatic compressions and depressions. These modulations by the acoustic waves are helpful in identifying pressure, humidity, temperature, and torque by using sensors. These sensors are incorporated in different types of touch devices as of their advantages like low cost and high performance. SAW devises ability to work even without batteries under harsh environments has made them get adopted in various end-user industries.
North America Surface Acoustic Waves Market Size & Growth:
North America Surface acoustic wave market is projected to reach $XX million by 2024 from $XX million in 2017, with a CAGR of XX%. Growing usage of SAW devices in various fields that include communication, defence, and consumer electronics, enhancing technological developments, rapid adoption in the manufacturing of touch-based devices, and their advantages like low cost and easy fabrication are the key factors involved in the growth of the market in the interim of the forecast period. Lack of congeniality of SAW devices with other devices, specific regional demand are the major factors restraining the market growth. Replacing the sensors in the conventional technology is the key challenge faced by the market. Surface acoustic waves market is going to record positive growth as of its
North America Surface Acoustic Waves Market Share:
North America Surface Acoustic Waves market is classified by the device, by application, end-user, and by geography. By device type, the market is prorated as sensors, filters, oscillators, actuators, transducers, and resonators. Among these, Filters segment is anticipated to hold the largest share is owing to the introduction of interdigital transducer, usage in smartphones for various filtering functions and satellite broadcasting. High-quality substrates, advanced fabrication technologies, ideal filter techniques, precise simulation software, fast and efficient design according to customer specifications are influencing the growth of SAW filters in the market. Based on application, the market is segmented as pressure, temperature, thermal, torque, and humidity. Depending on the end-user market is segmented as aerospace and defence, Automotive, Healthcare, Industrial, Consumer electronics and Military applications. Out of these, aerospace and defence segment is expected to witness inclined growth due to the usage of SAW sensors for ground testing, wind tunnels and flight testing’s due to their low cost and efficient performance. Based on geography, North America is anticipated to hold a significant share in the market as of it’s widely spread manufacturing industries across the region.
North America Surface Acoustic Wave Market Trends:
North America Surface Acoustic Wave Market Research Reports:
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Along with these companies, there were many other companies are considered in the report while analysing the North America Surface Acoustic Wave market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
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