The use of sound sensors to measure acoustic changes through electronic devices will continue to fuel opportunities for the growth of the global sound sensors market. The need to measure vibrations and quantify acoustics of the surroundings is growing, owing to the benefits derived from converting this information and using it in various applications. As a result, the global market for sound sensors is likely to witness substantial growth during the forecast period (2015-2025). Smart devices and consumer electronics are being manufactured with pre-installed sound sensors that perform functions and operations for acoustic monitoring. Increasing penetration of such devices indicates the growing adoption of sound sensors among varied consumers, which is driving the growth of the global market.
Sound Sensor Market: Drivers & Restraints
The growth of the global sound sensor market is primarily driven by scope of the sensing parameters such as temperature, pressure, torque and viscosity. The complete commercialisation of these sensors will continue to drive the expansion of the global market. Apart from this, the increasing demand for high-performance, affordable and sustainable sound sensors is expected to influence the growth of the global market during the forecast period.
Additionally, developments in sound sensing technology, growing implementation of nanotechnology or micro technology and the increasing applicability in telecommunications industry will continue to influence the growth of the global market for sound sensors. However, the major concerning factors challenging the market growth and impeding its expansion include the emerging replacement of surface acoustic wave sensors in conventional applications and the lower levels of mass sensitivity.
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Sound Sensors: Growth Opportunities
Advancement of wireless connectivity in the Information Technology (IT) and telecom industries is expected to bolster the global sound sensor market by creating more opportunities for its growth. The implementation of sound sensors in various IT operations will result in increased efficiency and surplus information, which will benefit processes in the future. Telecommunication applications of sound sensors will be the opportune drivers of the market growth, owing to the fact that analysing sound is an integral function of any telecom mechanism.
A recent instance indicating promising opportunity for the expansion of the global sound sensor market is the innovative utilisation of sound sensors in smartphone applications. Waze, a prominent GPS-based navigation app, has developed a new feature incorporating the pre-installed smartphone sound sensors to identify the distress or crying sounds of a child and opeor a baby. This feature enables the users to locate and attend to their infant. The growing awareness about such in-app features are expected to promote the demand for acoustic wave sound sensors.
Installation of sound sensors in hydrant software will help rapid detection of water pipe leaks. This will prevent the minor leaks to turn into major pipeline ruptures, and avoid wastage of water and destruction of public property. As a result, the demand for surface acoustic wave sensors will inflate, thereby fostering the growth of the global sound sensors market.
The global market for sound sensors is segmented on the basis of types, application and sensing parameters. Furthermore, the global market is then sub-segmented as follows,
- Surface Acoustic Wave (SAW) sensor
- Bulk Acoustic Wave (BAW) sensor
- Aerospace & Defence
- Consumer Electronics
On the basis of sensing parameters, the market is segmented into temperature, torque, pressure, mass, humidity, viscosity and chemical vapour.
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Moreover, the global sound sensor market is also segmented into the seven key regions of the world. North America is anticipated to remain a lucrative market for sound sensors during the forecast period 2015-2025. Likewise, Western Europe and Asia-Pacific (APAC) regions are also expected to witness steady adoption of sound sensors. Western Europe is slated to lead the global market revenues as a majority of acoustic wave sensor manufacturers are based there. APAC region is projected to register a rampant growth, owing to the prevalent industrial applications of sound sensors.
Teledyne Microwave Solutions, Honeywell International Inc., Epson Toyocom Corporation, API Technologies Corp, Phonon Corporation, Boston Piezo-optics INC., Panasonic Corporation, CTS Corporation, CeramTec and Vectron International, among others are the leading players in the competitive landscape of the global sound sensors market. Low cost manufacturing and technological advancements remain the key business strategies for leading players in the sound sensor market.
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