Global Piezoelectric Smart Materials Market to grow at a CAGR of 13.17% during 2017-2021 | Arkema, CEDRAT TECHNOLOGIES, Kyocera, Solvay

Piezoelectric materials are a set of smart materials that generate a voltage on the application of mechanical stress. These materials are widely used in sensors and used in the measurement of fluid density, fluid composition, and impact force. They have a wide variety of application in the automotive, construction, sensors, and defense industries. Smart materials have been in the market for many years because of the demand from the end-user segments, including construction, transport, medical, and sports. Piezoelectric smart materials are popularly used in actuators, sensors, and memory devices. Actuators are used to convert electrical energy to mechanical energy. Nowadays, actuators are popularly used in semiconductors, fiber optics, inkjet printers, and diverse types of sensors, serving various industry segments. These piezoelectric smart materials are composed of ceramics, polymers, or composite materials.

The global piezoelectric smart materials market to grow at a CAGR of 13.17% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global piezoelectric smart materials market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

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Technavio's report, Global Piezoelectric Smart Materials Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- AAC Technologies
- Arkema
- CEDRAT TECHNOLOGIES
- Kyocera
- Solvay

Other prominent vendors
- APC International
- Channel Technologies Group
- Piezo Kinetics
- Mide Technology
- Qortek

Market driver
- Increasing demand from military and aerospace sectors
- For a full, detailed list, view our report

Market challenge
- Lack of awareness about piezoelectric smart materials
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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