Surface-Acoustic Wave Devices Trends and Forecast
The future of the global surface-acoustic wave devices market looks promising with opportunities in the aerospace & defense, telecommunication, environment and industrial, automotive, consumer electronics, and healthcare & medical markets. The global surface-acoustic wave devices market is expected to reach an estimated $4.3 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are the growing utilization of the devices in satellite broadcasting, rising application of the devices in safety monitoring and defense applications, and the surge in usage in wireless communication modules.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Surface-Acoustic Wave Devices by Segment
The study includes a forecast for the global surface-acoustic wave devices by devices, end use, and region.
Surface-Acoustic Wave Devices Market by Devices [Shipment Analysis by Value from 2018 to 2030]:
• Filters
• Oscillators
• Resonators
• Transducers
• Others
Surface-Acoustic Wave Devices Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Aerospace & Defense
• Telecommunication
• Environment and Industrial
• Automotive
• Consumer Electronics
• Healthcare & Medical
• Others
Surface-Acoustic Wave Devices Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Surface-Acoustic Wave Devices Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies surface-acoustic wave devices companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the surface-acoustic wave devices companies profiled in this report include-
• Taiyo Yuden
• Tai Saw Technology
• Infineon Technologies
• TDK
• Murata Manufacturing
• API Technologies
• Oscilent
• ITF
• AVX
• Skyworks Solutions
Surface-Acoustic Wave Devices Market Insights
Lucintel forecasts that filters is expected to witness highest growth over the forecast period because it is extensively utilized in satellite broadcasting, cellular phones, wireless communication modules, and keyless entry systems, along with the growing use of smartphones, tablets, and other touch-screen gadgets.
Within this market, aerospace & defense will remain the largest segment.
North America is expected to witness highest growth over the forecast period because of widespread use of these devices in a number of sectors in this area, as well as, growing funds are being allocated to research and development in order to introduce cutting-edge surface wave acoustic wave devices.
Features of the Global Surface-Acoustic Wave Devices Market
Market Size Estimates: Surface-acoustic wave devices market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Surface-acoustic wave devices market size by devices, end use, and region in terms of value ($B).
Regional Analysis: Surface-acoustic wave devices market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different devices, end use, and regions for the surface-acoustic wave devices market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the surface-acoustic wave devices market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the surface-acoustic wave devices market size?
Answer: The global surface-acoustic wave devices market is expected to reach an estimated $4.3 billion by 2030.
Q.2 What is the growth forecast for surface-acoustic wave devices market?
Answer: The global surface-acoustic wave devices market is expected to grow with a CAGR of 6.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the surface-acoustic wave devices market?
Answer: The major drivers for this market are the growing utilization of the devices in satellite broadcasting, rising application of the devices in safety monitoring and defense applications, and the surge in usage in wireless communication modules.
Q4. What are the major segments for surface-acoustic wave devices market?
Answer: The future of the global surface-acoustic wave devices market looks promising with opportunities in the aerospace & defense, telecommunication, environment and industrial, automotive, consumer electronics, and healthcare & medical markets.
Q5. Who are the key surface-acoustic wave devices market companies?
Answer: Some of the key surface-acoustic wave devices companies are as follows:
• Taiyo Yuden
• Tai Saw Technology
• Infineon Technologies
• TDK
• Murata Manufacturing
• API Technologies
• Oscilent
• ITF
• AVX
• Skyworks Solutions
Q6. Which surface-acoustic wave devices market segment will be the largest in future?
Answer: Lucintel forecasts that filters is expected to witness highest growth over the forecast period because it is extensively utilized in satellite broadcasting, cellular phones, wireless communication modules, and keyless entry systems, along with the growing use of smartphones, tablets, and other touch-screen gadgets.
Q7. In surface-acoustic wave devices market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period because of widespread use of these devices in a number of sectors in this area, as well as, growing funds are being allocated to research and development in order to introduce cutting-edge surface wave acoustic wave devices.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the surface-acoustic wave devices market by devices (filters, oscillators, resonators, transducers, and others), end use (aerospace & defense, telecommunication, environment and industrial, automotive, consumer electronics, healthcare & medical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Surface-Acoustic Wave Devices Market, Surface-Acoustic Wave Devices Market Size, Surface-Acoustic Wave Devices Market Growth, Surface-Acoustic Wave Devices Market Analysis, Surface-Acoustic Wave Devices Market Report, Surface-Acoustic Wave Devices Market Share, Surface-Acoustic Wave Devices Market Trends, Surface-Acoustic Wave Devices Market Forecast, Surface-Acoustic Wave Devices Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.