Global Surface Acoustic Wave (SAW) Market, By Type (Filters, Oscillators, Resonators, Trandsducer, and Others), Application (Telecommunication, Automotive, Consumer Electronics, and Others), Sales Channel (Direct, Indirect) - Industry Trends and Forecast to 2031.
Surface Acoustic Wave (SAW) Market Analysis and Size
Surface acoustic wave (SAW) devices are widely used in various applications such as wireless communication, sensing, and signal processing. SAW devices generate and detect acoustic waves that propagate along the surface of a piezoelectric material. The market for SAW devices is expected to grow significantly in the coming years, driven by the increasing demand for high-performance, low-cost, and miniaturized components. Some of the key factors that influence the market growth are the development of new materials and technologies, the emergence of 5G and IoT, and the rising adoption of SAW devices in the automotive, medical, and industrial sectors.
Data Bridge Market Research analyzes that the global surface acoustic wave (SAW) market was valued at USD 2.63 billion in 2023 and is expected to reach USD 3.85 billion by 2031, registering a CAGR of 4.8% during the forecast period of 2024-2031. Direct sales segments account for the highest market share as customers are showing higher trust and reliability on manufacturers compared to third-party sellers. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric |
Details |
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Forecast Period |
2024-2031 |
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Base Year |
2023 |
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Historic Years |
2022 (Customizable to 2016-2021) |
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Quantitative Units |
Revenue in USD billion, Volumes in Units, Pricing in USD |
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Segments Covered |
By Type (Filters, Oscillators, Resonators, Trandsducer, Others), Application (Telecommunication, Automotive, Consumer Electronics, Others), Sales Channel (Direct, Indirect) |
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Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of the Middle East and Africa |
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Market Players Covered |
Murata Manufacturing Co., Ltd. (Japan), Qualcomm Technologies, Inc. (U.S.), Taiyo Yuden (Japan), TDK Electronics (Japan), Microchip Technology Inc. (U.S.), SAWTRON (U.S.), Spectrum Control (U.S.), CTS corporation (U.S.), KYOCERA Corporation (Japan), Qorvo, Inc (U.S.) |
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Market Opportunities |
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Market Definition
Surface acoustic wave sensors consist of a piezoelectric substrate and two interdigital transducers that generate and receive the sound waves. The sound waves propagate along the surface of the substrate and are affected by the external conditions that the sensor is designed to detect. The surface acoustic wave market is expected to grow in the coming years due to the advantages of these sensors over conventional ones, such as high sensitivity, low power consumption, wireless operation, and compatibility with various materials and environments.
Global Surface Acoustic Wave (SAW) Market Dynamics
Drivers
- Increasing demand for wireless communication
The surface acoustic wave market is projected to witness a significant expansion in the coming years, owing to the rising demand for wireless communication across various sectors. Surface acoustic wave devices offer advantages such as low power consumption, high reliability, and compact size, which make them suitable for applications such as sensors, filters, oscillators, and transducers. The increasing adoption of these devices in industries such as healthcare, automotive, aerospace, and consumer electronics is expected to fuel the growth of the surface acoustic wave market during the forecast period.
Opportunity
- Technological advancement in Surface Acoustic Wave (SAW) devices
One of the factors that could drive the demand for surface acoustic wave devices in the future is the continuous innovation and development in this field. Surface acoustic wave devices have various applications in wireless communication, sensing, and signal processing, and they offer advantages such as low cost, high performance, and reliability. As the technology evolves, new possibilities and challenges emerge for the design and fabrication of surface acoustic wave devices that can meet the requirements of different industries and sectors. Therefore, the technological advancements in surface acoustic wave devices is expected to act as opportunity for the growth of surface acoustic wave market.
Restraint/ Challenge
- Bandwidth limitaions
One of the major challenges that the surface acoustic wave market faces is the bandwidth limitations of the devices. Surface acoustic wave devices operate in a narrow frequency range, which limits their applications in high-speed wireless communication and signal processing. Moreover, the bandwidth of surface acoustic wave devices depends on the physical dimensions of the device, which makes it difficult to scale them down for miniaturization and integration. Therefore, the bandwidth limitations are expected to hinder the growth of the surface acoustic wave market in the coming years.
This surface acoustic wave (SAW) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the surface acoustic wave (SAW) market, contact data bridge market research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In June 2022, API Technologies Corp., a leading provider of capabilities that protect, power, and process critical RF and electronics applications today announced early samples of the company's new line of High Power SAW Filters. APITech has developed new SAW Filter technology using an advanced manufacturing process that will deliver the higher power, tighter bandwidths, and expanded package options required by these systems
Global Surface Acoustic Wave (SAW) Market Scope
The surface acoustic wave (SAW) market is segmented on the basis of type, application and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Filters
- Oscillators
- Resonators
- Trandsducer
- Others
Application
- Telecommunication
- Automotive
- Consumer Electronics
- Others
Sales Channel
- Direct
- Indirect
Global Surface Acoustic Wave (SAW) Market Region Analysis/Insights
The surface acoustic wave (SAW) market is analyzed and market size insights and trends are provided by country, type, application and sales channel as referenced above.
The countries covered in the automotive load floor market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, rest of Europe, Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, rest of Asia-Pacific, South Africa, Israel, U.A.E., Saudi Arabia, Egypt, rest of Middle East and Africa, Brazil, Argentina and rest of South America.
Asia-Pacific is expected to dominate and be the fastest growing region in the market due to fast growing teclecommunication sector in countries such as China, India, and South East Asia region acting as major driver of market growth.
The country section of the surface acoustic wave (SAW) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Semiconductor Infrastructure growth Installed base and New Technology Penetration
The Global surface acoustic wave (SAW) market also provides you with a detailed market analysis for every region’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the surface acoustic wave (SAW) market, the impact of technology using lifeline curves, and changes in battery regulatory scenarios and their impact on the surface acoustic wave (SAW) market. The data is available for the historic period 2012-2022.
Competitive Landscape and Global Surface Acoustic Wave (SAW) MarketShare Analysis
The Global surface acoustic wave (SAW) market is analyzed, and market size information is provided by country, product type & application. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the surface acoustic wave (SAW) market.
Some of the major players operating in the Global surface acoustic wave (SAW) market are:
- Murata Manufacturing Co., Ltd. (Japan)
- Qualcomm Technologies, Inc. (U.S.)
- Taiyo Yuden (Japan)
- TDK Electronics (Japan)
- Microchip Technology Inc. (U.S.)
- SAWTRON (U.S.)
- Spectrum Control (U.S.)
- CTS corporation (U.S.)
- KYOCERA Corporation (Japan)
- Qorvo, Inc (U.S.)
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