Latest Development in Global Piezoelectric Diaphragm Industry 2017

Albany, NY, 9th October : Recent research and the current scenario as well as future market potential of "Global Piezoelectric Diaphragm Market 2017-2021" globally.

This market research study identifies CUI, International Components, Mallory Sonalert Products, and Murata Manufacturing as the leading players in the global piezoelectric diaphragm market. A comprehensive analysis of this market is also presented by end-user applications (consumer goods, automotive, and others) and by geography (the Americas, APAC, and EMEA).

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Overview of the global piezoelectric diaphragm market

According to Technavios market research report, the global piezoelectric diaphragm market will grow at a CAGR of close to 7% during the forecast period. The demand for materials that exhibit properties such as piezoelectricity, electrochromism, and shape memory is increasing in the military and aerospace sector. This will drive the growth prospects for the market during the projected period. These materials have enhanced functional properties that facilitate the control of aircraft parts such as wings and maintains low noise level during the operation. The piezoelectric device addresses issues related to high cabin noise levels, ice formation on wings, and engine vibration in the spacecraft industry. Piezoelectric materials are also used in piezo accelerometers, flow meters, gyroscopes level sensors, and pressure sensors in the aerospace industry. The growth in the military and aerospace sector will directly influence the demand for piezoelectric devices, which will subsequently stimulate the growth of this global market.

The rising investments in the healthcare sector from the governments and the increasing research and developmental activities, will drive the application of piezoelectric diaphragms in medical devices. Additionally, the improvement in healthcare infrastructure will also encourage the use of piezoelectric diaphragms in disposable patient monitors and fetal heart monitors. According to this market research report, this growing demand for piezo diaphragms in the healthcare sector will be one of the key trends that will positively impact the growth of the piezoelectric diaphragm market during the next few years.

Competitive landscape and key vendors

The piezoelectric diaphragm market is highly competitive due to the presence of a large number of vendors. New players find it difficult to enter the market due to the requirement of an intensive capital. To overcome the time-to-market pressure, vendors are heavily investing in research and developmental activities and are also focusing on expanding their production capacity. This will result in the timely deployment of piezoelectric diaphragms. With the intensifying competition, several companies are taking efforts to gain a competitive edge over their competitors by extending their geographical presence.

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Key vendors in this market are -

CUI
International Components
Mallory Sonalert Products
Murata Manufacturing
Other prominent vendors in the market include AAC Technologies, Advanced Cerametrics, APC International, and Sonitron.

Segmentation by end-user applications and analysis of the piezoelectric diaphragm market

Consumer goods
Automotive
Owing to the high adoption of piezoelectric diaphragms in alarms, watches, speakers, and microwave ovens, the consumer goods segment accounted for the majority market share during 2016. Additionally, they also find applications in object detectors, pest deterrents, and home security alarms. The increase in disposable income of consumers is encouraging them to purchase electronic devices such as toys, games, and remote-control units. Since the production of these electronics and consumer goods utilizes piezoelectric diaphragms, the consumer goods segment will continue to be the largest end-user to the piezoelectric diaphragm market throughout the estimated period.

Segmentation by geography and analysis of the piezoelectric diaphragm market

Americas
APAC
EMEA
The automotive industry in the Americas highly depends on piezoelectric diaphragms to manufacture indicators and vehicle alarms. The dependence of the consumer goods industry in the US on piezoelectric smart materials for smart packaging purposes and the rising demand for piezoelectric diaphragms in ultrasound applications, will drive the markets growth prospects in this region.

Key questions answered in the report include

What will the market size and the growth rate be in 2021?
What are the key factors driving the global piezoelectric diaphragm market?
What are the key market trends impacting the growth of the global piezoelectric diaphragm market?
What are the challenges to market growth?
Who are the key vendors in the global piezoelectric diaphragm market?
What are the market opportunities and threats faced by the vendors in the global piezoelectric diaphragm market?
What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
What are the key outcomes of the five forces analysis of the global piezoelectric diaphragm market?
Technavio also offers customization on reports based on specific client requirement.

When a mechanical force is applied, the electric charge that gets accumulated in solid materials like crystals, or ceramics is known as piezoelectricity. Technavios market research reports for the hardware and semiconductor industry cover a wide range of product markets semiconductor equipment. Also, in order to provide a comprehensive summary of market research reports that will support clients in the hardware and semiconductor industry enhance their revenues, market research analysts at the market research firm Technavio take into account various parameters such as the uncertain consumer preferences, factors that challenge market growth, and the major market competitors.

To accurately forecast the industrys growth possibilities, our market research specialists follow a triangulated approach of primary and secondary research and also conduct an extensive analysis of various attributes, such as technological advancements and the different products and services offered by the principal vendors in the hardware and semiconductor market space. To help clients form new plans for development, this upcoming industry research report on the global piezoelectric diaphragm market for the forecasted period of 2017 to 2021 offers a comprehensive outline built from the statistics gathered from reliable sources of information such as manufacturers, suppliers, regulatory bodies, and stakeholders.

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This upcoming industry research report on the global piezoelectric diaphragm market also considers the growth of related markets such as supercapacitor, which is expected to grow at a CAGR of 9% by 2021. This upcoming industry research report on the global piezoelectric diaphragm market also enlists the market drivers, evolving trends, and the challenges currently encountered by the hardware and semiconductor industry and also presents insights into displays.

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This release was published on openPR.