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Bulk Acoustic Wave Devices Market Expected to be Driven By Rise In The Development of Connected Cars Over 2018 – 2024

Author : Ronak Bora | Published Date : 2019-03-27 

The Europe bulk acoustic wave devices market is expected to grow significantly due to the presence of major automobile companies and the industry leaders in the region that generate the demand for these components in vehicles. Countries including Germany and France are the major technology providers and exporters in the automobile sector.

Several leading companies of automobile sector such as Audi, BMW, Mercedes Benz, Volkswagen, Ford, and Porsche, among others provide manufactures luxurious cars, which are integrated with IoT-enabled devices. The applications of the components in these luxurious cars, providing high-quality performance in signal transmission and connectivity, are driving the bulk acoustic wave devices market growth.

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The miniaturization of the electronic devices is increasing the demand for these components in the bulk acoustic wave devices market. The growing demand for compact and slim devices in the electronics sector is increasing rapidly, driving the need for hardware components that could fit in these compact spaces. The integration of the acoustic wave components in electronic devices requires lesser space and offers compactness to the design of the product. This feature of the component is boosting the demand for such components in the bulk acoustic wave devices market. The compactness of these components also depends on the frequency ranges of the connectivity. These frequency ranges include 2G, 3G, and 4G network connectivity.

The applications of these components in the automobile sector are expected to propel the bulk acoustic wave devices market growth over the coming years. The integration of the IoT technology in future cars to provide internet connectivity will increase the need for these components. It provides noiseless transmission by application of filters in these vehicles. Several functions of the connected cars, such as Wi-Fi connectivity and remote monitoring, require seamless network connectivity solution to provide high-performance and quality monitoring. Vehicle to Vehicle (V2V) and Vehicle to Infrastructure (V2X) communications use high radio frequency bands. The filters in these systems reduce the intersection of the unwanted signals and provide high-quality signal transmission connectivity.

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Rise in the development of connected cars over the coming years is expected to drive the bulk acoustic wave devices market growth. These cars are integrated with the IoT technology to provide networking & connectivity facilities. Several functions that are provided in these cars include collision avoidance, GPS systems, tracking, and internet connectivity, which require an LTE connection. To provide these functions, high-frequency RF bands are used for the transmission of network signals. These frequency bands need to be free from the interferences caused due to unwanted signals to provide high-quality transmission and connectivity, increasing the demand for these filters in the bulk acoustic wave devices market.

Key players operating in the bulk acoustic wave devices market are Taiyo Yuden, Skyworks Solutions, Tai Saw Technology Co., Ltd., Infineon Technologies AG, Murata Manufacturing Co. Ltd., Honeywell International, Inc., Teledyne Microwave Solutions, Kyocera Corporation, Microsemi Corporation, Boston Piezo-Optics, Inc., Panasonic CorpRaltron Electronics Corporation, and WIKA Systems Schweiz AG, among others. These players are competing to develop products based on the consumer requirements and specifications for network connectivity and transmission in several electronic devices.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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