Global surface acoustic wave sensors market to grow 11.8% to 2016
The 200 page report ‘Surface Acoustic Wave (SAW) Sensors: Technologies and Global Markets - Focus on Asia’ states that the global surface acoustic wave sensors market reached $997.7 million in 2010 and nearly $1.1 billion in 2011. The market is expected to reach $1.8 billion by 2016, a compound annual growth rate of 11.8%.
This study encompasses the major types of surface acoustic wave technologies. The report analyses each surface acoustic wave technology type, determines its current market status, examines its impact on future markets, and presents forecasts of growth over the next five years.
The Asian market for surface acoustic wave sensors reached $307.4 million in 2010 and $353.7 million in 2011. The market is expected to reach $907.8 million by 2016, a CAGR of 20.7%.In China, surface acoustic wave sensors reached $134.6 million in 2010 and $165.7 million in 2011. This market is expected to reach $522.6 million by 2016, a CAGR of 25.8%.
View the report: ‘Surface Acoustic Wave (SAW) Sensors: Technologies and Global Markets - Focus on Asia’
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