Piezoelectric Devices Market Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2018-2022

Market Scenario:

Piezoelectricity can be defined as ability of certain materials to generate an electric charge in response to mechanical stress. These materials are classified on the basis of crystals and ceramics and plays very vital role in the electric generation and energy harvesting. The global Piezoelectric Device Market has been valued at US high billion which is expected to grow at US high billion by the end of forecasted period with CAGR

Market Segmentation:

Segmentation by Application: Sensors, Transducers, Energy harvesting, Motors and High voltage actuators.

Segmentation by Vertical: Oil & Gas, Automotive, Aerospace & Defence, Medical & Healthcare, Communication among others.

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Regional Analysis:

Asia-Pacific is dominating the market of piezoelectric device with the market share of high%. The main factor which is driving the market of piezoelectric device is high investment in R&D and increase in the application areas of the piezoelectric devices. Asia-Pacific Piezoelectric device market has been valued at US high billion which will grow at CAGR of high% during forecasted period. Europe stands as the second biggest market for the piezoelectric device with the market share of high%. North America accounts for the XX% of market share which has been valued at US high billion in the year 2015. 

Key players:

  • Morgan Advanced Materials (UK)
  • PI (Germany)
  • Piezosystem Jena (Germany)
  • Piezomechanik Dr. Lutz Pickelmann GmbH (Germany)
  • Mad City Labs, Inc. (U.S.)
  • APC International, Ltd. (U.S.)
  • CeramTec (Germany)
  • Noliac A/S (Denmark)
  • Piezo Systems, Inc. (U.S.)

Industry News:

  • In February 2016, Morgan Advanced Materials announced the launch of piezoelectric transducers used in ring laser gyroscopes.
  • In September 2015, Morgan Advanced Materials announced the launch of new high-accuracy sensors for the oil & gas extraction sector by using piezoelectric materials.

The reports also covers brief analysis of Geographical Region includes:


            North America




            Western Europe






            Rest of Western Europe

            Eastern Europe

Asia– Pacific





            South Korea

            Rest of Asia


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The report for Global Piezoelectric Devices Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Study Objective of Piezoelectric Devices Market

  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Piezoelectric Devices Market
  • To provide insights about factors affecting the market growth
  • To analyze the piezoelectric devices market based on various factors- value chain analysis, porters five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segment by application, by vertical and sub-segments
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Piezoelectric Devices Market

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