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Piezoelectric Devices Market 2018 Analysis, Opportunities and Growth, Forecast to 2022

Piezoelectric Devices Market
Written by rahulwgr123
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Piezoelectricity can be defined as ability of certain materials to generate an electric charge in response to mechanical stress. These materials are classified on the basis of crystals and ceramics and plays very vital role in the electric generation and energy harvesting. The global Piezoelectric Device Market has been valued at US high billion which is expected to grow at US high billion by the end of forecasted period with CAGR

Market Segmentation:

Segmentation by Application: Sensors, Transducers, Energy harvesting, Motors and High voltage actuators.

Segmentation by Vertical: Oil & Gas, Automotive, Aerospace & Defence, Medical & Healthcare, Communication among others.

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Regional Analysis:

Asia-Pacific is dominating the market of piezoelectric device with the market share of high%. The main factor which is driving the market of piezoelectric device is high investment in R&D and increase in the application areas of the piezoelectric devices. Asia-Pacific Piezoelectric device market has been valued at US high billion which will grow at CAGR of high% during forecasted period. Europe stands as the second biggest market for the piezoelectric device with the market share of high%. North America accounts for the XX% of market share which has been valued at US high billion in the year 2015.

Key players:

  • Morgan Advanced Materials (UK)
  • PI (Germany)
  • Piezosystem Jena (Germany)
  • Piezomechanik Dr. Lutz Pickelmann GmbH (Germany)
  • Mad City Labs, Inc. (U.S.)
  • APC International, Ltd. (U.S.)
  • CeramTec (Germany)
  • Noliac A/S (Denmark)
  • Piezo Systems, Inc. (U.S.)

Industry News:

  • In February 2016, Morgan Advanced Materials announced the launch of piezoelectric transducers used in ring laser gyroscopes.
  • In September 2015, Morgan Advanced Materials announced the launch of new high-accuracy sensors for the oil & gas extraction sector by using piezoelectric materials.

The reports also covers brief analysis of Geographical Region includes:

Americas

            North America

            US

            Canada

Europe

            Western Europe

            Germany

            France

            Italy

            Spain

            U.K

            Rest of Western Europe

            Eastern Europe

Asia– Pacific

            Asia

            China

            India

            Japan

            South Korea

            Rest of Asia

            Pacific

The Middle East& Africa

The report for Global Piezoelectric Devices Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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