Piezoelectric Devices Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The global piezoelectric device market is expected to grow from $28.3 billion in 2020 to $34.7 billion in 2025. At a CAGR of 3%. Key factors driving the growth of this market are energy harvesting, increasing demand for piezoelectric devices for aerospace and defense applications, and increasing R&D investment by enterprises and research universities for innovative piezoelectric solutions.

Key players operating in the global piezoelectric devices industry include L3HARRIS TECHNOLOGIES INC. (Florida, US), CeramTec GmbH (Plochingen, Germany), CTS CORPORATION (Illinois, US), Physik Instrumente (PI) GmbH & Co. KG. (Karlsruhe, Germany), APC International Ltd. (Mackeyville, PA), piezosystem jena GmbH (Jena, Germany), Piezo Technologies (Indianapolis, Indiana), Kistler Group (Winterthur, Switzerland), Aerotech Inc. (Pennsylvania, US), and Mad City Labs Inc. (Madison, WI). These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global piezoelectric devices market. 

Piezoelectric Devices Market Segments:

By Product

• Actuators
• Transducers
• Sensors
• Motors
• Generators
• Others

By Material

• Ceramics
• Crystals
• Composites
• Polymer

By End User Industry

• Manufacturing
• Healthcare
• Consumer Electronics
• Communication and Technology
• Automotive
• Others

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.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Piezoelectric Devices Market Report

• What was the Piezoelectric Devices Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Piezoelectric Devices Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Piezoelectric Devices Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.