Acoustic Sensors Market Share

Market Share of Acoustic Sensors Industry

Acoustic sensors are a relatively simple device to manufacture. As a result, the market is highly fragmented, with many global and local manufacturers influencing market dynamics. The MEMS market is expanding steadily, but companies face fierce competition, resulting in price drops and low margins. The market is constantly being flooded with new entrants.

According to SEMI, the global association for the electronics industry's product design and manufacturing chain, wearables won't be a big driver for some time. Other applications are an increasingly fragmented collection of specialized niches. The MEMS market's major driver is the innovation leading to better performance of established devices like microphones and acoustic filters. Under such conditions, the companies focus on expanding their business through strategic acquisitions, partnerships, and innovations. Some of the recent developments are

• December 2021 - The University of South Florida's marine scientists have launched their first field missions in Tampa Bay and the Gulf of Mexico to test a new approach to mapping shallow coastal areas that are most vulnerable to coastal changes and storms but also the most difficult to investigate. Images obtained from an acoustic sensor mounted on a remotely controlled unmanned surface vehicle (USV), a laser-based sensor mounted on an airplane, and a satellite were used to generate high-resolution maps of these coastal areas.
• November 2021 - In the new DeeperSense project, an international consortium led by the German Center for Artificial Intelligence (DFKI) is working on a technology that combines the strengths of visual and acoustic sensors with the help of artificial intelligence (AI). The aim is to significantly improve the perception of robotic underwater vehicles in three use cases in the maritime sector. The European Union (EU) funded the project for approximately EUR 3 million.
• October 2021 - Qualcomm announced a new filter solution, the ultraBAW RF filter. The ultraBAW is intended to differentiate signals from 2.7 GHz up to 7.2 GHz, enabling new 5G and Wi-Fi solutions. Qualcomm's ultraBAW and ultraSAW technology create a filter solution, covering a large portion of the radio spectrum. These filters add to Qualcomm's portfolio of RF solutions, including its modem-to-antenna RF system.

Acoustic Sensors Market Leaders

1. Siemens AG

2. Transense Technologies plc

3. pro-micron GmbH

4. Honeywell Sensing and Productivity Solutions

5. Murata Manufacturing Co., Ltd.

*Disclaimer: Major Players sorted in no particular order