MARKET INTRODUCTION
The piezoelectric device uses the piezoelectric effect to calculate changes in temperature, pressure, acceleration, and force by converting them to an electric pulse. The demand for piezoelectric devices is increasing in recent times due to constant development made in piezoelectric material since it is a crucial enabling technology for an extensive range of consumer and industrial products. The application of piezoelectric devices is widespread in the manufacturing and industrial sectors. The piezoelectric sensors find application in piezoelectric sensors, sonar equipment, and pressure sensors.
MARKET DYNAMICS
Increasing demand for piezoelectric devices for aerospace and defense applications, energy harvesting, and growing R&D investments by companies and research universities for innovative piezo solutions are the significant factors driving the growth of the piezoelectric device market. However, Lack of awareness of these devices is the major factor restraining the growth of the piezoelectric device market. Moreover, the increasing demand for piezoelectricity in course-changing bullets and micro-robotics is anticipated to create new opportunities for the piezoelectric device market.
MARKET SCOPE
The "Global Piezoelectric Device Market Analysis to 2028" is a specialized and in-depth study of the piezoelectric device market with a special focus on the global market trend analysis. The report aims to provide an overview of piezoelectric device market with detailed market segmentation by product, material, application. The global piezoelectric device market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading piezoelectric device market players and offers key trends and opportunities in the piezoelectric device market.
MARKET SEGMENTATION
The global piezoelectric device market is segmented on the basis of product, material, application. On the basis of product, the market is segmented as piezoelectric sensors, piezoelectric actuators, piezoelectric motors, piezoelectric transducers, piezoelectric generators, others. On the basis of material, the market is segmented as piezoelectric crystals, piezoelectric ceramics, piezoelectric polymers, piezoelectric composites. On the basis of application, the market is segmented as aerospace and defense, information and communication, consumer electronics, automotive, healthcare, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global piezoelectric device market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The piezoelectric device market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting piezoelectric device market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Piezoelectric device market in these regions.
MARKET PLAYERS
The reports cover key developments in the piezoelectric device market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from piezoelectric device market are anticipated to lucrative growth opportunities in the future with the rising demand for piezoelectric device market. Below mentioned is the list of few companies engaged in the piezoelectric device market.
The report also includes the profiles of key piezoelectric device market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- APC International, Ltd.
- CTS Corporation
- Harris Corporation
- Kistler Group
- Mide Technology Corp
- Murata Manufacturing Co., Ltd
- Omega Piezo Technologies
- Physik Instrumente (PI) GmbH & Co. KG.
- Piezo Technologies
- piezosystem jena GmbH
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.