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Piezoelectric Device Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030

09-22-2023 06:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Piezoelectric Device Market Share, Trends, Future Outlook,

The global piezoelectric devices market is anticipated to grow at a substantial CAGR of around 4.7% during the forecast period. The factors that boost the growth of the market are the rapid rise in nanotechnology, growing demand for sensors among various industries, usage of piezoelectric devices in the medical field, and increasing automotive market across the globe, is the primary driver that fueled the market growth. Moreover, piezoelectric ceramics, or piezoceramics, have found widespread use in sensors and actuators due to their direct coupling which enables operation without bias voltages, and their ability to output large voltages on the order of 50 V to 100 V. While piezoelectric ceramics are relatively affordable and provide good coupling, they are brittle and have a high density. Owing to its wider advantages and application in different fields the demand for piezoelectric devices market has grown at the fastest rate in coming years.

A full report of Piezoelectric Device Market is available at: https://www.omrglobal.com/industry-reports/piezoelectric-device-market

The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the market place this is anticipated to positively impact significant market growth. For instance, in April 2022, CTS corp., acquired Meggitt PLC, to increase its portfolio by adding piezoceramic which advances its diversification.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/piezoelectric-device-market

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
o By Application

o By Material

o By Products

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Cedrat Technologies SA, Ceramatec Gmbh, Emfit Ltd., Enocean Gmbh, Ionix Advanced Technologies, Kinetic Ceramics.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Piezoelectric Devices Market Segment

By Application

Aerospace
Automotive
Industrial and Manufacturing
Communication
Medical
Military And Defence
Others (Keyboards, Printers, Desktop, Speaker, Energy Harvesting/Wearables)

By Material

Naturally occurring crystal
Synthetic Derived Material

By Products

Actuators
Acoustic Devices
Motors
Transducers
Generators
Resonators
Sensors

Piezoelectric Device Market- Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Apc International Ltd.
Birch Vesper Technologies, Inc.
Cedrat Technologies Sa
Ceramatec Gmbh
Emfit Ltd.
Enocean Gmbh
Ionix Advanced Technologies
Kinetic Ceramics
Kyocera Corp.
Lifemedix, LLC
L3harris Technologies, Inc
Mad City Labs, Inc.
Microgen Systems, Inc

Reasons to Buying From us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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