Piezoelectric Elements Market is projected to reach 847 million US$ by 2025, at a CAGR of 7.4%

A recent report published by QY Research titled Global Piezoelectric Elements Industry Research Report, Growth Trends and Competitive Analysis 2019-2025, gives an in-depth analysis of global Piezoelectric Elements market and its industrial data. The report studies the global Piezoelectric Elements market by dividing it into various segments to give an extensive understanding of the whole market. For each segment, the analysts have used a top-down and bottom-up approach to keep it error-free and accurate. The researchers have used primary and secondary methodologies to collect data and its analysis. The research data covered in the report will give the reader a comprehensive understanding of the market as well as the major players in terms of production and the regions with high demand and supply.

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The Piezoelectric Elements market was valued at US$ 561.5 Million in 2019 and is projected to reach US$ 930.6 Million by 2026, at a CAGR of 7.4% during the forecast period. In this study, 2019 has been considered as the base year and 2020 to 2026 as the forecast period to estimate the market size for Piezoelectric Elements.

In terms of production side, this report researches the Piezoelectric Elements capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

Segment by Type, the Piezoelectric Elements market is segmented into
Lead Zinc Titanates (PZT)-based
Lead Magnesium Niobate (PMN)-based
Other
The segment of PZT-based holds a comparatively larger share in global market, which accounts for about 72%.

Segment by Application, the Piezoelectric Elements market is segmented into
Industrial & Manufacturing
Automotive
Consumer Electronics
Medical
Military
Other

The major vendors covered:
KYOCERA
Johnson Matthey
PI Ceramic GmbH
Harris
Fuji Ceramics Corporation
Piezo Technologies
CTS Corporation
TRS Technologies, Inc
Meggitt Sensing
TDK Corporation
MSI Tranducers
APC International
Piezo Kinetics
Sparkler Ceramics
Weifang Jude Electronic

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This release was published on openPR.