Global Surface Acoustic Wave (SAW) Devices Market to Expand at a CAGR of 6.9% during the period of 2017–2024

Albany, New York, April 3, 2017: The significant increase in the industrial usage of surface acoustic wave (SAW) devices has been boosting the global market for these devices. Market Research Reports Search Engine (MRRSE) has recently announced the addition of a new research report to its vast online collection. This research report is titled as “Global Surface Acoustic Wave (SAW) Devices Market – Industry Analysis, Size, Share, Growth Trends and Forecast 2017 – 2024”. This report studies the present as well as the future scenario of the global market. It provides a detailed executive summary, which include all aspects related to the industry providing information about several segments and sub-segments.

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According to the report, the worldwide SAW devices market is likely to grow at a CAGR of 6.9% between 2017 and 2024. At this pace, market evaluation will reach a value of US$3.4 billion by the end of 2024, from US$1.9 billion in 2015. Rise in applications of these devices in the field of healthcare and medicine due to low cost and high reliability are some of the factors which are driving growth in surface acoustic wave devices market. In order to provide a thorough insight into the industry, the drivers and restraints impacting the market are included in the report. Market dynamics covering market opportunity, risks, key findings and attractiveness are carefully analyzed in the study.

For better landscape analysis, the surface acoustic wave devices market has been segmented on the basis of devices such as filters, resonators, oscillators, transducers and others. Among these, the demand for filters is the highest and is likely to continue its dominance over the upcoming years. Moreover, this market is further segregated on the basis of end-user industry, which include:

  • Aerospace and Defense
  • Telecommunication
  • Environmental and Industrial
  • Automotive
  • Consumer Electronics
  • Healthcare & Medical
  • Others

Geographically, the global SAW devices market has been broadly segmented into North America, South America, Europe, Asia Pacific and Middle East & Africa. The report deals with the forecast of the market in terms of revenue as well as the growth CAGR during the forecast period of 2017 – 2024.

Some of the major companies operating in the surface acoustic wave devices market are Taiyo Yuden (Japan), Skyworks Solutions (The U.S.), Infineon Technologies AG (Germany), Tai Saw Technology Co. Ltd. (China), TDK Corporation (Japan), API Technologies (The U.S.), Murata Manufacturing Co. Ltd (Japan), Kyocera Corporation (Japan ), Osilent Corporation (The U.S.) and ITF Co., Ltd. (South Korea) among others. The report profiles the major players in terms of various factors such as company details, company description, business overview, SWOT analysis, financial overview and strategic overview.

Browse Full Global Surface Acoustic Wave (SAW) Devices Market Report with TOC :

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