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Piezoelectric Devices market size is estimated to be worth USD 24020 million in 2022 and is forecast to a readjusted size of USD 28350 million by 2028 with a CAGR of 2.8% during the review period|Valuates Reports
Piezoelectricity is the electric charge that gets collected in solid materials such as crystals or ceramics when a mechanical force is applied. Piezoelectric materials exhibit two properties: direct effect and converse effect. The phenomenon when the voltage gets induced after applying mechanical force is called direct effect, while the phenomenon of changing the crystal shape and dimensions after applying voltage is called converse effect.
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Fully considering the economic change by this health crisis, Piezocrystals accounting for % of the Piezoelectric Devices global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.
While Industrial and Manufacturing segment is altered to an % CAGR throughout this forecast period.
APAC held the highest share in the global piezoelectric device market in 2017. Japan is involved in the researches on piezoelectric materials to a greater extent than any other country. In recent years, Japan has attempted to apply the piezoelectric technology for microscale applications. These attempts include the usage of piezoelectric technology in floors of train stations to generate electricity. Owing to these researches, the market in APAC is expected to grow at the highest rate in the coming years.
In terms of production side, this report researches the Piezoelectric Devices capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Piezoelectric Devices by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
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Global Piezoelectric Devices Scope and Segment
Piezoelectric Devices market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Piezoelectric Devices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
By Type
• Piezocrystals
• Piezoceramics
• Piezopolymers
• Piezocomposites
By Application
• Industrial and Manufacturing
• Defense and Aerospace
• Automotive
• Healthcare
• Information and Communication
• Consumer Electronics
• Others
By Companies
• PCB Piezotronics
• Honeywell
• Meggitt Sensing Systems
• Bruel and Kjaer
• Kistler Group
• TE Connectivity
• Dytran Instruments
• Ceramtec GmbH
• APC International
• RION
• Kyowa Electronic Instruments
• Piezo Systems
• Metrix Instrument
• DJB Instruments
Production by Region
• North America
• Europe
• China
• Japan
• South Korea
Consumption by Region
• North America
• US.
• Canada
• Europe
• Germany
• France
• UK.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• U.A.E
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