Piezoelectric Devices Market | Size, Share, system and Industry Analysis and Market Forecast to 2025

1
MarketsandMarkets Presents
Piezoelectric Devices Market by Material
(Piezoelectric Ceramics, Crystals, Polymers),
Product (Piezoelectric Actuators, Transducers,
Motors), Application (Aerospace Defense,
Industrial, Consumer), and Region - Global
Forecast to 2025 The global piezoelectric
devices market is estimated to grow from USD 28.9
billion in 2020 to USD 34.7 billion by 2025 at a
CAGR of 3.7
2
MarketsandMarkets Presents
Market for piezoelectric generators is expected
to grow at highest CAGR during forecast
period The market for piezoelectric generators
is expected to grow at the highest CAGR during
the forecast period. The growth is attributed to
numerous technological developments such as
miniaturization, nanoscaling (e.g.,
nanogenerators), precision-motion, and vibration
energy harvesting being carried out in various
applications Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id256019882 Piezoelectric ceramics
accounted for largest share of piezoelectric
devices market in 2019 Piezoelectric ceramics
held the largest size of the piezoelectric
devices market, by material, in 2019 and are
expected to continue to hold a major market share
during the forecast period. They offer fast
response time, high output, frequency,
sensitivity, and can be used with low-voltage or
high-voltage drive circuits and are available in
a wide variety of shapes and sizes
3
MarketsandMarkets Presents
Market for healthcare application is expected to
grow at highest CAGR during forecast
period Among applications, the market for the
healthcare application is expected to grow at the
highest CAGR from 2020 to 2025. Piezoelectric
actuators and positioning systems are used for
precision and stability in visualization and
microscopy for diagnostic applications Moreover,
piezoelectric actuators and sensors are used in
air bubble detectors (ABD), therapeutic
ultrasound, and transdermal drug delivery. The
demand for high-quality piezoelectric elements
and materials is expected to increase
considerably in line with rising life expectancy.
Hence, the market for the healthcare application
is expected to grow at the highest CAGR during
the forecast period.
4
MarketsandMarkets Presents
APAC accounted largest share of piezoelectric
devices market in 2019 APAC accounted for the
largest share of the piezoelectric devices market
and the market in the region is expected to grow
at the highest CAGR during the forecast period.
The growth of the piezoelectric devices market in
this region is attributed to increasing
government initiatives, rising foreign
investments, growing population, along with the
bulk manufacturing facilities of piezoelectric
devices, presence of numerous manufacturers and
suppliers, low cost of piezoelectric devices, and
technological advancements in emerging
markets. L3HARRIS TECHNOLOGIES, INC. (Florida,
US), CeramTec GmbH (Plochingen, Germany), CTS
CORPORATION (Illinois, US), Physik Instrumente
(PI) GmbH Co. KG. (Karlsruhe, Germany), and APC
International, Ltd., (Mackeyville, PA) are the
key players in the piezoelectric devices market.
5
MarketsandMarkets Presents
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. MarketsandMarkets now
coming up with 1,500 MicroQuadrants (Positioning
top players across leaders, emerging companies,
innovators, strategic players) annually in high
growth emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve.
6
MarketsandMarkets Presents
MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of niche markets. ContactMr.
Sanjay Gupta MarketsandMarkets INC. 630 Dundee
Road Suite 430 Northbrook, IL 60062 USA
1-888-600-6441