Bulk Acoustic Wave Sensors Market Size, Growth, Revenue, Global Statistics and Forecast to 2025
28th
December 2018: Global Bulk Acoustic Wave Sensors Market is expected to grow at a
significant CAGR in the upcoming years as the scope and its applications are
increasing across the globe. An electromechanical device in which a standing acoustic
wave is generated by an electrical signal in the bulk of a piezoelectric
material is referred to Bulk Acoustic Wave Sensors. The factors that propel the
growth of the Bulk Acoustic Wave Sensors Market include increasing demand,
technological innovation, rapid urbanization & industrialization and wide
range of applications.
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Bulk Acoustic Wave Sensors Market is classified on the basis of
product type, applications, distribution channel and geography. Bulk Acoustic
Wave Sensors Market is classified by product type as QCM-TSM and FBAR-SMR. Bulk
Acoustic Wave Sensors Market is segmented based on applications as aerospace
and military, industrial, telecommunications, consumer electronics, and others.
Bulk Acoustic Wave Sensors Market is segmented by distribution channel as
online store, specialty stores and others. Bulk Acoustic Wave Sensors Market is
classified based on geography as North America, Latin America, Western Europe,
Eastern Europe, Asia Pacific, Japan, and Middle East and Africa.
The North American region consists of the U.S., and Canada. Latin
America region consists of Mexico and Brazil. The Western European region
consists of Germany, Italy, France, England and Spain. The Eastern European
region consists of Poland and Russia. Asia Pacific region consists of China,
India, ASEAN, Australia & New Zealand. The Middle East and Africa region
consists of GCC, South Africa and North Africa.
By geography, Asia Pacific accounts for a major share of the Bulk
Acoustic Wave Sensors Market. Some of the key players that fuel the growth of
the Bulk Acoustic Wave Sensors Market include API Technologies, Broadcom,
Qorvo, Qualtre,RF360,TAIYO YUDEN, Teledyne, Vectron, and others. The key
players are focusing on inorganic growth to sustain themselves amidst fierce
competition. As such, mergers, acquisitions, and joint ventures are the need of
the hour.
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