Global Surface Acoustic Wave (SAW) Devices Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of 6.9% during forecast period of 2019 to 2026.
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Global Surface Acoustic Wave (SAW) Devices Market Drivers and Restrains:
Surface acoustic wave device use the properties of certain piezoelectric materials to propagate a signal, whose velocity can be modified by the presence of a metal on the surface. SAW device use surface acoustic wave in electronic components to provide a number of different functions, containing delay lines, filters, correlators and DC to DC converters. SAW devices are widely used in many applications, with various configurations, but one particular application of SAW device has been in the communication technology due to their small size, light in weight, low cost and high performance, which are needed there simultaneously. In seismology, SAW devices are important instruments for discharging the waves that travel on the Earth’s surface and is of major importance for detection of seismic waves produced from earthquakes.
The global surface acoustic wave devices market is driven by the increasing application of these devices in satellite broadcasting, wireless communication modules, and cellular phones. The increasing usage of these devices in safety monitoring and defense applications are also impelling the market growth globally. However, the lack of accuracy and compatibility in SAW devices are hampering the market growth at the global level.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Global Surface Acoustic Wave (SAW) Devices Market Segmentation Analysis:
Based on the devices, the filter segment accounted for the dominant market share of XX% in 2018 and expected to maintain its leading positing in the surface acoustic wave device market over the upcoming period, due to a widely used in wireless communication modules, satellite broadcasting, cellular phones, and keyless entry systems. The demand for SAW filters is much higher as compared to other SAW devices. Increasing adoption of tablets, smartphones, and other touch-screen based devices are projected to boost the surface acoustic wave (SAW) filters market during the forecast period. Touch screens are gaining a lot of attraction across several verticals containing automotive, medical, consumer electronics, etc. The demand for SAW touch screens has increased rapidly as it has become an alternative for optical touch screens which are relatively expensive, this is helping the growth of the surface acoustic wave (SAW) filters market worldwide.
Global Surface Acoustic Wave (SAW) Devices Market Regional Analysis:
Geographically, the surface acoustic wave devices market is segmented into Europe, Asia Pacific, North America, Latin America, and Middle East & Africa. North America held the XX% share of the surface acoustic wave (SAW) devices market in 2018 and is anticipated to continue its dominance during the forecast period, owing to the extensive application of these devices across several industries in this region. Moreover, the rising investments in research and development activities for the introduction of advanced surface wave acoustic wave devices are predicted to accelerate the growth of this region in the near future.
The market in Asia Pacific is expected to grow at a high CAGR of XX% during the forecast period. The presence of a large base of semiconductor companies in emerging economies, such as China, Taiwan, Japan, South Korea, and India, is driving the regional market growth significantly. A large number of telecommunication and consumer electronics enterprises have their production units in this region. The availability of low-cost labor and raw materials have encouraged these manufacturers to set up their manufacturing plants in this region, which is increased the demand for SAW devices in Asia Pacific. China and Japan are the major contributor in the Asia Pacific market for SAW devices. However, India is likely to show at a faster growth rate in the coming years due to the increasing acceptance of technology.
Global Surface Acoustic Wave (SAW) Devices Market Competitive landscape
Major Key players operating in this market are Taiyo Yuden, Tai Saw Technology Co. Ltd., Infineon Technologies AG, TDK Corp. and Murata Manufacturing Co. Ltd. Manufacturers in the Global Surface Acoustic Wave (SAW) Devices are focusing on competitive pricing as the strategy to capture significant market share. Moreover, strategic mergers and acquisitions and technological innovations are also the key focus areas of the manufacturers.
The objective of the report is to present a comprehensive analysis of Global Surface Acoustic Wave (SAW) Devices Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Surface Acoustic Wave (SAW) Devices Market dynamics, structure by analyzing the market segments and project the Global Surface Acoustic Wave (SAW) Devices Market size. Clear representation of competitive analysis of key players By Type, Price, Financial position, Product portfolio, Growth strategies, and regional presence in the Global Surface Acoustic Wave (SAW) Devices Market make the report investor’s guide.
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Global Surface Acoustic Wave (SAW) Devices Market, by Devices:
• Filters
• Oscillators
• Resonators
• Transducers
• Others
Global Surface Acoustic Wave (SAW) Devices Market, by End Users Industry:
• Aerospace & Defense
• Telecommunication
• Environment and Industrial
• Automotive
• Consumer Electronics
• Healthcare & Medical
• Others
Global Surface Acoustic Wave (SAW) Devices Market, by Region:
• Asia Pacific
• North America
• Europe
• Latin America
• Middle East Africa
Global Surface Acoustic Wave (SAW) Devices Market, Major Players:
• Taiyo Yuden
• Tai Saw Technology Co. Ltd.
• Infineon Technologies AG
• TDK Corp.
• Murata Manufacturing Co. Ltd.
• API Technologies
• Oscilent Corp.
• ITF Co. Ltd.
• AVX CORP.,
• Skyworks Solutions,
• Boston Piezo-Optics,
• Kyocera Corporation
• Inneon Technologies AG
• Fujitsu
• Nextwave Technologies Ltd.
