#Piezoelectric #Materials #Market #Worth #USD #Billion
Pune, India, Sept. 29, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights™, the global piezoelectric materials market size is expected to reach USD 1.82 billion by 2028, exhibiting a CAGR of 4.4% during the forecast period. The growing development of lead-free piezoelectric materials due to strict regulations will subsequently foster the healthy growth of the market. In a report, titled “Piezoelectric Materials Market, 2021-2028.” The market size stood at USD 1.31 billion in 2020.
Get a Sample PDF Brochure:
Report Scope & Segmentation:
| Report Coverage | Details |
| Forecast Period | 2021-2028 |
| Forecast CAGR | 4.4 % |
| 2028 Value Projection | USD 1.82 Billion |
| Base Year | 2020 |
| Piezoelectric Materials Market Size in 2021 | USD 1.35 Billion |
| Historical Data | 2017-2019 |
| No. of Pages | 250 |
| Segments Covered | By Material, Application, End-user, and Regional Insights |
| Piezoelectric Materials Industry Growth Drivers | High Aerospace & Defense Expenditure to Augment Growth
|
| Surging Production Capacities to Aid Expansion in Asia Pacific |
Competitive Landscape:
This industry’s competitive landscape portrays a very concentrated market, with a few numbers of businesses controlling the bulk of market share. To gain market share, key industry players are investing significant resources in the research and development of innovative materials and their applications.
The Report Lists the Main Companies in the Market:
- CeramTec (Germany)
- Arkema (France)
- Solvay (Belgium)
- Mad City Labs, Inc. (U.S.)
- Piezosystem jena GmbH (Germany)
- Sparkler Ceramics (India)
- Piezomechanik GmbH (Germany)
- TDK Corporation (Japan)
- Murata Manufacturing Co., Ltd. (Japan)
- Kinetic Ceramics (U.S.)
- Hong Kong Piezo Co. Ltd. (China)
- Mide Technology (U.S.)
- Meggit PLC (U.K.)
- Johnson Matthey (U.K.)
- Piezo Kinetics Inc. (U.S.)
- TRS Technologies, Inc. (U.S.)
Inquire Before Buying This…
Read on GNW: Piezoelectric Materials Market to Worth USD 1.82 Billion by
