Acoustic Wave Sensor Market on Track To Reach $1.2 Billion by 2020, Report Says
The global acoustic wave sensor market, estimated at $387 million this year, is projected to reach $1.2 billion by 2020, a MarketsandMarkets report said Monday. Applications for the temperature, pressure, mass, torque, humidity and viscosity sensors include CE, automotive, military…
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and aerospace, healthcare and industrial, the research firm said. The CE segment is forecast to account for 39 million units this year, jumping to 157 million units by 2020, it said. Major players in the acoustic wave sensor market are API Technologies, Applied Sensor Research & Development, AVX, Boston Piezo-Optics, CeramTec, CTS, Honeywell, Kyocera and Murata Manufacturing.