PUBLISHER: Lucintel | PRODUCT CODE: 1417352
PUBLISHER: Lucintel | PRODUCT CODE: 1417352
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 $4.3 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are the growing utilization of the devices in satellite broadcasting, rising application of the devices in safety monitoring and defense applications, and the surge in usage in wireless communication modules.
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Surface-Acoustic Wave Devices by Segment
The study includes a forecast for the global surface-acoustic wave devices by devices, end use, and region.
List of Surface-Acoustic Wave Devices Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies surface-acoustic wave devices companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the surface-acoustic wave devices companies profiled in this report include-
Surface-Acoustic Wave Devices Market Insights
Lucintel forecasts that filters is expected to witness highest growth over the forecast period because it is extensively utilized in satellite broadcasting, cellular phones, wireless communication modules, and keyless entry systems, along with the growing use of smartphones, tablets, and other touch-screen gadgets.
North America is expected to witness highest growth over the forecast period because of widespread use of these devices in a number of sectors in this area, as well as, growing funds are being allocated to research and development in order to introduce cutting-edge surface wave acoustic wave devices.
Features of the Global Surface-Acoustic Wave Devices Market
Market Size Estimates: Surface-acoustic wave devices market size estimation in terms of value ($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.
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.