Piezoelectric Devices Market Growth, Trends, Key Vendors, Segmentation, Regional Overview and Forecast 2027

Piezoelectric Devices Market Information By Application (Sensors, Transducers, Energy harvesting, Motors, High voltage actuators), Vertical (Oil and Gas, Automotive, Aerospace and Defence, Medical and Healthcare, Communication) - Forecast To 2022

Market Scenario:

Piezoelectric devices are made using quartz, topaz, tourmaline, and Rochelle salt and charge their devices under mechanical stress. The materials are used in sensors and actuators to precisely react to changes and highly useful in industrial and consumer applications. Market Research Future’s report on the global piezoelectric devices market focuses on prospects of these devices over the forecast period (2017-2022). The COVID-19 impact on the industry is also analyzed with focus on production and value chains.

Market Scope

The global piezoelectric devices market size is expected to expand over the forecast period owing to investments in RD, applications in aerospace defense, consumer goods, and others. Advantages of easy installation within high-density electronic devices, responsive to high frequencies, and non-requirement of external source of power for functionality can drive market demand. Innovations in vibration energy harvesting, nano-scaling, and miniaturization of devices can bolster the market growth. The ability to harvest energy from surrounding environment has led to its integration in laptops, notebooks, smartwatches, and smartphones.

The COVID-19 impact on the piezoelectric devices market has been huge owing to shutdown of electronic device manufacturers and issues in supply and logistics chain. Geopolitical tensions between countries and trade policies can hamper the market growth. But the reopening of economies and industrial facilities can relieve the market.

But their limitations of small electrical charges and inability to maintain output during bouts of temperature fluctuations can hamper the market growth.

Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/1221

Segmentation

By product, the piezoelectric devices market is segmented into stack actuators, piezoelectric transducers, multilayered piezoelectric generators, piezoelectric sensors, single-layer piezoelectric generators, strip actuators, piezoelectric generators, piezoelectric motors, piezoelectric actuators, and others. The piezoelectric actuators segment is expected to generate a strong revenue growth owing to their rotational speed and efficiency.

By material, it is segmented into hard ceramics, piezoelectric polymers, piezoelectric ceramics, piezoelectric composites, piezoelectric crystals, and soft ceramics. Piezoelectrci polymers are likely to exhibit a strong growth rate over the forecast period. This is attributed to the rise of polyvinylidene fluoride (PVDF) as a polymer material in  transducers and pressure-based sensors.

By application, it is segmented into industrial manufacturing, electronic devices, wearable devices, healthcare, consumer electronics, diagnostic equipment, aerospace defense, imaging devices, automotive, surgical tools, information communication, and others. The aerospace defense application is projected to be the lucrative application for the piezoelectric devices market. This is attributed to launch of new aircraft by GE Aerospace, Boeing, and others. On the other hand, the automotive sector is likely to induce a strong demand for piezoelectric devices owing to investments by automotive manufacturers such as Ford and Volkswagen.

Regional Analysis

Europe, North America, Asia-Pacific (APAC), and Rest-of-the-World (RoW) are major regions covered in the piezoelectric devices market.

APAC is expected to be the dominant contributor of the market owing to presence of various electronic manufacturers and investments in modernization of infrastructure and processes. China, Japan, Taiwan, and South Korea are prime locations for the market owing to favorable government regulations, production-linked incentives, and a large workforce. Production of drugs and supportive policies in the domestic healthcare sector can facilitate regional market growth.

Europe is estimated to occupy the second position in the piezoelectric devices market owing to increased defense budget of nations and extended contracts for use of piezoelectric materials. The European Commission has submitted a report on the IMMEDIATE program for development of lead-free piezoelectric crystals in ultrasound medical equipment.

Competition Analysis

PI, CeramTec, Mad City Labs, Inc., Noliac A/S, Piezosystem Jena, Morgan Advanced Materials, APC International, Ltd., Piezomechanik Dr. Lutz Pickelmann GmbH, Piezo Systems, Inc., and others are key players in the global piezoelectric devices market. Collaborations and partnerships are main strategies utilized by these players to gain the competitive edge.

Get complete Report @ https://www.marketresearchfuture.com/reports/piezoelectric-devices-market-1221

Industry news

Researchers at the University of California are planning to pitch a piezoelectric polymer as a delivery platform for drugs. It can be implanted in patients and the drugs released slowly by activation of mechanical forces.

About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Media Contact:

Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: [email protected]

Website: https://www.marketresearchfuture.com


Vivek

97 Blog posts

Comments