Growth of Automotive Industries, Low Manufacturing Cost, and its Wireless and Passive nature is driving the Acoustic Wave Sensor Market in APAC

Growth of Automotive Industries, Low Manufacturing Cost, and its Wireless and Passive nature is driving the Acoustic Wave Sensor Market in APAC

APAC (China, Japan, and India) is the largest market for the acoustic wave sensor in terms of consumption. The main industries of APAC comprise automotive, process industries, healthcare, petrochemical, oil and gas, and consumer electronics. APAC’s market is currently riding a prosperous growth curve in terms of consumption of acoustic wave sensors for various applications. APAC, on the whole, generated revenue of $37.4 million from acoustic wave temperature sensor in 2014. On an average, there…

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