China Piezoelectric Devices Market, Industry Trends, Size, Competitive Analysis and Forecast - 2019-2025

China is one of the leading manufacturers and consumer of electronic products globally. The leading mobile brands in China include Huawei, Xiaomi, OPPO, FortuneShip, Transsion, ZTE and Coolpad. Apart from domestic companies, international companies such as Apple, Samsung, and Nokia are some major players in the Chinese market. China is one of the largest markets in terms of mobile cellular subscription. With the growing electronic industry, demand for advanced sensors has also increased in recent years. Growing cellular subscriptions directly impacts the growth of the smartphone industry in the country. Kinetic energy harvesting technology is estimated to hit the smartphone industry with a strong impact; which increases the demand for piezoelectric sensors in smartphones.

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Most of China's telecommunication market is managed by the government. The telecoms firms, China Telecom Corp Ltd, China Unicom Hong Kong Ltd and China Mobile Ltd, are state-owned enterprises. However, now the government is focusing on private investment in the country. As it will encourage them to reduce fees and other costs which will increase competitiveness in internet-related services. Therefore, developing the environment for the smartphone industry, as a result, will be a potential opportunity for piezoelectric sensors and devices. Along with the high customer base in China, the country is exporting a larger number of smartphones across the globe.

Chinese companies and research institutes are investing considerable resources in the R&D program in smartphone technology. As an instance, researchers from Fudan University in China have developed a way to connect electricity from the bloodstream. Moreover, deriving electricity energy from mechanical energy possesses significant scope for the smartphone industry. Key players in the market include CTS Corp., CeramTec Holding GmbH, and Harris Corp. To survive in the market, the market players are adopting several strategies, such as product launches, geographical expansion, and partnerships and collaborations. This enables the company to increase its competitiveness and attract significant share in the market.

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China Piezoelectric Devices Market Segmentation

By Application
o Aerospace
o Automotive
o Healthcare
o Industrial and Manufacturing
o Communication
o Military and Defense
o Others

By Material
o Naturally Occurring Crystal
o Synthetic Derived Material
o Ceramics
o Polymer
o Composite

By Product
o Actuators
o Longitudinal Actuators
o Acoustic Devices
o Motors
o Transducers
o Generators
o Resonators
o Sensors

Company Profiles
o Cedrat Technologies SA
o CeramTec GmbH
o CTS Corp.
o Emfit Ltd.
o Harris Corp.
o Kyocera Group
o Physik Instrumente (PI) GmbH & Co. KG
o Piezocryst Advanced Sensorics GmbH
o Sparkler Ceramics Pvt. Ltd.
o Vesper Technologies, Inc.

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