Albany, NY, Oct. 21, 2015 (GLOBE NEWSWIRE) -- Surface acoustic wave (SAW) devices have been gaining popularity these days due to their increasing applications in different fields such as industries, military, communication, safety monitoring, and many more. These acoustic wave devices are now used as filters, resonators, sensors and actuators. These devices can be used in both liquid and gas environments since they are highly sensitive to surface changes. These have been helpful in measurement of several parameters such as liquid density, pressure, temperature, electrical conductivity, liquid viscosity and so on.
Moreover, surface acoustic waves (SAW) are generated in Si-based microstructures which are expected to be highly helpful in the development of smart sensors. These smart sensors include an array of sensors comprising of various waves or sensitive layers in addition to motors, actuators, pumps, and signal processing electronics. These are the factors that are likely to boost the growth of the surface acoustic wave sensors market in the future. However, compatibility is limiting the growth of the acoustic wave sensors market as it requires several processes and technologies.
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Among all the geographies, Asia-Pacific is the largest market at present and is expected to maintain its leading position in the next five years. The Asia-Pacific region is expected to experience a double digit growth in the forecast period. North America is expected to remain the second largest market in acoustic wave sensors market followed by Europe.
Some of the key players in the acoustic wave sensors market are AVX Corp., CTS Corporation, Vectron International, Marata Manufacturing Co., Ltd., Golledge, Raytheon Company, Mercury United Electronics Inc., Panasonic Industrial Solutions, NEC Corporation, and Boston Piezo-Optics Inc., among others.
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