Sound Sensor Market – Snapshot
According to a new market research report published by Transparency Market Research titled ‘Sound Sensor Market (Application: Ultrasonic Sensors [Liquid Level Measurement, Object Detection, Distance Measurement, Anti-collision Detection, Pallet Detection, and Others] and Acoustic Sensors (Sensing of Physical Parameters); Specification: Low Frequency Detection (<20,000 Hz) and High Frequency Detection (>20,000 Hz); and Industry Vertical: Health Care, Industrial, Automotive, Consumer Electronics, Security & Surveillance, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ the global sound sensor market is expected to reach 67,307.7 thousand units, in terms of volume, by 2026.
The market is projected to expand at a CAGR of 6.28% from 2018 to 2026. According to the report, the global market is expected to continue to be influenced by a range of factors in the near future, such as growing use of industrial automation and vehicle automation systems worldwide, increasing demand for voice recognition systems across the globe, and rising use of sound sensors across smartphones and in applications such as fingerprint scanning and object detection.
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Asia Pacific to continue to hold a major share of the global sound sensor market
Asia Pacific is expected to hold a major share of the global market for sound sensors during the forecast period. Moreover, Asia Pacific is witnessing high adoption of sound sensors, due to continuously increasing industrial automation and growing automotive industry in the region, which employs sound sensors significantly. Several manufacturers in the region are focusing on enhancing the quality of their products, showcasing their products by participating in trade shows, and focusing on customer satisfaction.
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The report includes profiles of well-established players operating in the global sound sensor market. These include Siemens AG, MaxBotix Inc., STMicroelectronics N.V., Rockwell Automation, Inc., and Robert Bosch GmbH. These players are focusing on providing innovative sound sensors worldwide. For instance, in 2018, Robert Bosch GmbH collaborated with Daimler AG, an automotive company, for the development of autonomous vehicles in San Jose, California (the U.S.). The ECU network of the autonomous vehicle by Daimler AG gathers all information and transmits it to ultrasonic sensors provided by Robert Bosch GmbH so as to enable automatic parking.
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High frequency detection (>20,000 Hz) segment estimated to be highly lucrative
Based on specification, the global sound sensor market has been divided into low frequency detection (<20,000 Hz) and high frequency detection (>20,000 Hz). High frequency detection sound sensors are capable of detecting sound waves of more than 20 KHz of frequency. These are generally called ultrasound or ultrasonic sound sensors. These sensors are largely used across multiple sectors including automotive, health care, industrial, consumer electronics, and security & surveillance. These can be used in applications such as robotic sensing, tank level measurement, object detection, loop control, and parking assistance systems.