This report studies the Piezoelectric Materials market, piezoelectric materials are materials that produce an electric current when they are placed under mechanical stress. The piezoelectric process is also reversible, so if you apply an electric current to these materials, they will actually change shape slightly (a maximum of 4%).
Europe is the main production region for piezoelectric materials, accounting for about 30% of the market, followed by North America with about 25%.
Harri, Johnson Matthey, Solvay, Meggitt Sensing and Murata are the leading vendors, with the top three accounting for about 20%.
Market Analysis and Insights: Global Piezoelectric Materials Market
In 2020, the global Piezoelectric Materials market size was US$ 1179.8 million and it is expected to reach US$ 1931.9 million by the end of 2027, with a CAGR of 7.3% during 2021-2027.
Global Piezoelectric Materials Scope and Market Size
Piezoelectric Materials market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Piezoelectric Materials market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Piezoelectric Materials market is segmented into
Segment by Application, the Piezoelectric Materials market is segmented into
Regional and Country-level Analysis:
Rest of Asia-Pacific
Rest of Europe
Rest of Latin America
Middle East & Africa
Rest of MEA
Competitive Landscape and Piezoelectric Materials Market Share Analysis
Piezoelectric Materials market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Piezoelectric Materials product introduction, recent developments, Piezoelectric Materials sales by region, type, application and by sales channel.
The major companies include:
Morgan Advanced Materials
Physik Instrumente (PI)