Global Bulk Acoustic Wave Devices Market: Strong Growth of Key End-use Industries in APAC Fuels Demand, Says TMR

News provided by

Transparency Market Research

23 May, 2017, 10:30 GMT

ALBANY, New York, May 23, 2017 /PRNewswire/ --

The largely fragmented vendor landscape of the global bulk acoustic devices market had the top four companies accounting for a nearly 50% and small- and medium-sized regional and domestic players holding nearly 50% of the market in 2016, observes Transparency Market Research in a recent report. The top four vendors in the market, namely TDK Corporation, Murata Manufacturing Co., Ltd., Tai Saw Technology Co. Ltd., and Taiyo Yuden focus on strategies such as acquisitions, partnerships, research, and development to strengthen their foothold in the market. 

TDK Corporation, the dominant share holder in the global BAW devices market in 2016, has recently established R&D centers in the U.S. and China. Murata Manufacturing Co., Ltd., has increased its portfolio of electronic components by acquiring companies such as Peregrine Semiconductor Corporation and RF Monolithics. 

Transparency Market Research estimates that the global BAW devices market will exhibit a promising 9.3% CAGR from 2017 to 2025, rising from a valuation of US$860.4 mn in 2016 to US1869.6 mn by 2025. 

BAW Filters to Remain Most Consumed BAW Devices 

In terms of device type, the market segment of bulk acoustic wave filters is presently the leading contributor of revenue to the global market. The segment had a valuation of nearly US$510.6 mn in 2016 and is expected to remain the most in-demand bulk acoustic wave device type in the next few years as well. The segment is expected to exhibit a promising 9.3% CAGR from 2017 to 2025. The increased demand for BAW filters owing to their vast benefits over the traditional surface acoustic wave filters is attributable to the strong growth prospects of this segment. 

In terms of geography, the Asia Pacific market is the leading regional market in terms of revenue contribution to the global market and is expected to exhibit strong growth over the forecast period. The thriving consumer electronics and telecommunications industries in the region will provide the needed growth opportunities for BAW devices.

Get PDF Sample for this Research Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24098

Rising Adoption of Automated Vehicles to Fuel Demand for BAW Devices 

Some of the key factors driving the global market for bulk acoustic wave devices are the increased numbers of network operators introducing 4G technology, the rising adoption of this high-speed wireless networking technology from consumers and the rising applications of BAW devices in the automotive industry. The rising applications of BAW devices in the automotive industry have provided a major boost to the global market in the past few years and the factor continues to remain one of the key drivers of the market presently as well. 

In a bid to gain advantage over their competitors in the intensely competitive automotive market, leading automobile manufacturers such as Mercedes, BMW, Toyota, and Audi are developing products capable of integrating with smart devices such as GPS systems, smartphones, and infotainment systems. Such connected vehicles present ample opportunities for use of bulk acoustic wave devices. Hence, the rising demand for connected vehicles is also expected to drive the global bulk acoustic wave devices market in the near future. In addition, the development of automated vehicles is expected to drive the market growth in the near future. Further potential integration of bulk acoustic wave devices into active integrated circuit is another key opportunity for the market growth in the near future. 

This review of the global bulk acoustic wave devices market is based on a recent market research report published by Transparency Market Research, titled "Bulk Acoustic Wave Devices Market (Devices - Filters, Resonators, and Transducers; End-use Industry - Aerospace & Defense, Telecommunication, Environmental and Industrial, Automotive, Consumer Electronics, and Healthcare and Medical) - Global Industry Analysis Size Share Growth Trends and Forecast, 2017 - 2025."

Get more information from Research Report Press Release:  http://www.transparencymarketresearch.com/pressrelease/bulk-acoustic-wave-devices-market.htm

For the study, the market has been segmented as follows: 

Bulk Acoustic Wave Devices Market, by Devices 

  • Filters
  • Oscillators
  • Resonators
  • Transducers
  • Others

Bulk Acoustic Wave Devices Market, by End Use Industry 

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

Bulk Acoustic Wave Devices Market, by Geography: 

  • North America
    - The U.S.
    - Canada
    - Mexico
  • Europe
    - The U.K.
    - Germany
    - The Netherlands
    - Rest of Europe
  • Asia Pacific
    - China
    - India
    - Japan
    - Oceania
    - Rest of Asia Pacific
  • Middle East & Africa
    - UAE
    - Saudi Arabia
    - South Africa
    - Others
  • South America
    - Brazil
    - Argentina
    - Others

Top Most Research Reports by TMR: 

About Us 

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR's syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact:
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com 
Google+: https://plus.google.com/+Transparencymarketresearch