Surface-Acoustic Wave Devices Market 2021 Analysis of Growth Factors and Upcoming Trends, Opportunities by Types and Application to 2030

In a recent published report, Kenneth Research has updated the market report for Surface-Acoustic Wave Devices Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

According to the statistics by the Organization for Economic Co-operation and Development (OECD), the United States recorded to be the largest exporters of international trade in services amongst all the OECD nations with a value worth USD 827 billion in the year 2018.

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Global Surface-Acoustic Wave Devices Market is estimated to reach $3.5 million by 2024; growing at a CAGR of 7.2% from 2016 to 2024. Surface-acoustic waves (SAWs) are kind of sound waves that travel parallel to the surface of an elastic material, with their amplitude decaying into the material so that they confined to one wavelength of the surface. Surface acoustic wave devices have been widely used in various fields, and will continue to be of great importance in future as well. These devices are cost effective, compact, high performance, easy to fabricate and among others. It includes PSK filter, bandpass filters, and delay lines. They have the ability to work under harsh environment conditions and even without batteries. They are highly used for military, commercial and consumer applications.

Increasing usage of SAWs devices across various industries such as communication, and defense, among others and high demand for smart sensors fuel the growth of the surface-acoustic wave devices market. Moreover, increasing demand for electronics such as smartphone and television in emerging economies could also boost the growth of the market. However, lack of compatibility and accuracy may hinder the growth of the market. Furthermore, product innovations and development of bioengineering and precision medicine would provide opportunity for the growth in the upcoming years.

The global surface-acoustic wave devices market is segmented based on the devices analysis, end-use industry and geography. By devices analysis, it is further segmented into filters, oscillators, resonators, transducers and others. Furthermore, end-use industry are segmented into aerospace & defense, telecommunication, environmental & industry, automotive, consumer electronics, healthcare & medical and others.

By geography the surface-acoustic wave devices market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S., Canada and Mexico are covered under North America wherein Europe covers U.K., Germany, Netherland and others. Asia-Pacific covers China India, Japan, Oceania and others. Rest of the World (RoW) covers South America, Middle East, and Africa.

Key players in this market are Hitachi High-Technologies Corp., FEI, Carl Zeiss AG, JEOL Ltd, NEC Corporation, TDK Corp., API Technologies, Raytheon Company, Panasonic Industrial Solutions, Kyocera Corp., Infineon Technologies AG, AVX Corp., Boston Piezo-Optics Inc., and Murata Manufacturing Co. Ltd., among others.

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The key takeaways from the report
The report will provide detailed analysis of Surface-Acoustic Wave Devices Market with respect to major segments such as devices analysis and end-use industry type. The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024. Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report. An exhaustive regional analysis of Surface-Acoustic Wave Devices market will be included in the report.

Profile of key players of the Surface-Acoustic Wave Devices market, will be included which include key financials, product & services, new developments, and business strategies.

Scope of Surface-Acoustic Wave Devices Market
Devices Analysis Segments

End-Use Industry Segments

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Aerospace & Defense
Environmental & Industry
Consumer Electronics
Healthcare & Medical

Geography Segments

North America
Middle East
South America

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