[August 14, 2018]

Global Sound Sensor Market Growth & Trends 2018-2023 - Growing Demand from the Healthcare Market to Augment Demand - ResearchAndMarkets.com

The "Global Sound Sensor Market - Growth, Trend and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The Global Sound Sensor Market is expected to grow at a CAGR of 3.56% during the forecast period of 2018-2023.

Essential drivers for the growth of this market are the expanding application base for sound sensors and rapid technological advancements, which have modified the sound sensors to enable them to be much more adaptable. Moreover, the integration of sound sensors in the telecom and the healthcare sector has signaled positive intent, showing promise to evolve into an established market in these segments.

Technological Advancements in the Market Leading to Increasing Adoption Will Drive the Market

Expanding interest in the development of reliable, high performance and cost-effective sensors is leading to huge investments by manufacturers in research and development. This is intended to encourage the development of new versions of the conventional sesors. Moreover, incorporation of nanotechnology and micro-technology, which helps in creating significant opportunities as miniaturization is the most trending development in the industry.

Commercial appliances with sound sensors integrated help perform non-contact operations by passing instructions for non-contact functions. Also, advent of disposable sensors, which can be deployed in difficult environments in the air, under water or in any other testing surroundings (which cannot be reached by humans) also contributes to the growth of the market.

Key Highlights

• Growing Demand from Healthcare Market to Augment Demand
• North America is Expected to Be the Largest Market

Developments in the Market

• November 2017 - Vesper introduced the VM2000, a MEMS microphone. It has applications in voice-activated systems such as smart speakers, smart home, and IoT products.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Insights

5. Technology Snapshot

6. Market Segmentation

7. Competitive Intelligence - Company Profiles

• Cetacean Research Technology
• CTS Corporation
• GE Measurement & Control Solutions
• MaxBotix Inc.
• Rockwell Automation (News - Alert) Inc.
• Siemens AG
• STMicroelectronics Inc.
• Teledyne Technologies Inc.

8. Investment Analysis

9. Future Outlook of the Sound Sensor Market

For more information about this report visit https://www.researchandmarkets.com/research/mrqfh8/global_sound?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180814005410/en/

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