UK Piezoelectric Devices Market Growth, Size, Share and Forecast 2019-2025UK piezoelectric devices market is expected to grow at a CAGR of 5.2% during the forecast period. Electronics and related devices have gained popularity in the country. Use of various smart devices such as smart TVs, smartphones, laptops and others is growing in the country.
According to Ofcom, communication authority of the UK, the country has reported 70% smartphone penetration amongst adults in 2014 and the penetration has increased to 85% in 2017. Smart gadgets such as smartphone, laptops, smart TVs, wearable devices and others use piezoelectric sensors. A transparent device is mounted on a smartphone screen which generates electricity.
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Electricity is generated when the user presses the extremely thin sensor mounted in a transparent device attached on the touchpad. The generated electricity can be stored in the battery of smartphones. With the growing smartphone penetration among the adult population in the country, UK is estimated to generate huge opportunities for market players engaged in the piezoelectric device industry. Along with the smartphone, various other smart devices possess the potential for piezoelectric sensors in the country. Additionally, wearable devices are also being tested for the application of piezoelectric devices and sensors.
For instance, vibration generated by body movement used by the smart watches, fitness bands and others to sense objects, gestures, and locations. This involves the use of piezoelectric sensors in these devices. With the increasing industry of wearable devices, the market opportunities for piezoelectric devices market would increase during the forecast period.
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UK Piezoelectric Devices Market Segmentation
o Industrial and Manufacturing
o Military and Defense
o Naturally Occurring Crystal
o Synthetic Derived Material
o Longitudinal Actuators
o Acoustic Devices
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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