Piezoelectric Devices Market is projected to witness a compound annual growth rate of 4.35% to reach a total market size of US$24.920 billion by 2023, from US$20.142 billion in 2018.
Emerging applications of piezoelectric devices across different industry verticals coupled with the increased funding from government and investors alike is boosting the market growth. Another factor contributing to this growth is rising demand for energy harvesting techniques using non-conventional energy sources. Legal restrictions with regard to usage of lead, the high cost of materials and burgeoning research and development costs are the some of the major factors limiting the adoption of these devices over the forecast period.
Competitive intelligence and company profile sections analyze key players in the market, their growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are APC International, Exelis, Physik Instrumente, CeramTec, Piezo Systems, along with others.
By End User Industry
Communication and Technology
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Piezoelectric Devices Market Forecast by Product (US$ billion)
6. Piezoelectric Devices Market Forecast by Material (US$ billion)
7. Piezoelectric Devices Market by End-User Industry (US$ billion)
8. Piezoelectric Devices Market by Geography (US$ billion)