Report Feature
The future of the piezoelectric device market looks promising with opportunities in the aerospace and defense, industrial and manufacturing, automotive, healthcare, information and communication and consumer electronics industries. The global piezoelectric device market is expected to grow with a CAGR of 10% to 12% from 2021 to 2026. The major drivers for this market are increasing demand for piezoelectric devices for energy harvesting and aerospace & defense applications, and growing R&D investments.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of piezoelectric devices market report download the report brochure.
The study includes trends and forecasts for the global piezoelectric devices market by product type, material, end use industry, and region as follows:
By Product Type [$M shipment analysis for 2015 – 2026]:
- Piezoelectric Sensors
- Piezoelectric Actuators
- Stack Actuators
- Strip Actuators
- Piezoelectric Motors
- Piezoelectric Transducers
- Piezoelectric Generators
- Single-layer Piezoelectric Generators
- Multilayered Piezoelectric Generators
- Others
By Material [$M shipment analysis for 2015 – 2026]:
- Piezoelectric Crystals
- Piezoelectric Ceramics
- Soft Ceramics
- Hard Ceramics
- Piezoelectric Polymers
- Piezoelectric Composites
By End Use Industry [$M shipment analysis for 2015 – 2026]:
- Aerospace & Defense
- Industrial & Manufacturing
- Automotive
- Healthcare
- Imaging Devices
- Diagnostic Equipment
- Surgical Tools
- Information & Communication
- Consumer Electronics
- Wearable Devices
- Electronic Devices
- Others
By Region [$M shipment analysis for 2015 – 2026]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- France
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
Actuators will remain the largest segment due to less heat dissipation, less power consumption, fast response, high actuating precision, compact size, high reliability, and low cost.
Aerospace and defense will remain the largest end use industry during the forecast period due to increasing adoption of piezoelectric device-based products such as sensors, actuators, and motors for aerospace & defense applications.
Asia Pacific will remain the largest region over the forecast period due to increasing government initiatives, rising foreign investments, growing population, along with the bulk manufacturing facilities of piezoelectric devices.
Some of the piezoelectric devices companies profiled in this report include L3HARRIS TECHNOLOGIES, INC., CeramTec GmbH, CTS CORPORATION, Physik Instrumente (PI) GmbH & Co. KG., and APC International, Ltd.
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Features of Piezoelectric Devices Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global piezoelectric device market by product type (piezoelectric sensors, piezoelectric actuators, piezoelectric motors, piezoelectric transducers, piezoelectric generators), material (piezoelectric crystals, piezoelectric ceramics, piezoelectric polymers, and piezoelectric composites), end use industry (aerospace and defense, industrial and manufacturing, automotive, healthcare, information & communication, and consumer electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the piezoelectric device market? Q.5 What are the business risks and threats to the piezoelectric device market? Q.6 What are the emerging trends in the piezoelectric device market and the reasons behind them? Q.7 What are some changing demands of customers in the piezoelectric device market? Q.8 What are the new developments in the piezoelectric device market? Which companies are leading these developments? Q.9 Who are the major players in the piezoelectric device market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the piezoelectric device market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the piezoelectric devices market? |
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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