Acoustic Wave Sensor Market worth 868.3 Million USD by 2023
The acoustic wave sensor market was valued at USD 422.8 Million in 2016 and is expected to grow at a CAGR of 10.7% between 2017 and 2023. The growing demand for acoustic-based temperature sensors from the various verticals fuels the growth of the market for the temperature sensors. The increasing need of sensors for security and surveillance applications with the rising reliability on acoustic wave sensors is the key driving factor for the acoustic wave sensor market. The base year considered for the study is 2016, and the forecast period considered is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the market on the basis of type, device, sensing parameter, vertical, and geography. The report provides detailed information regarding the major factors influencing the growth of this market.
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