The forecast for crystals, filters, and piezoelectric sales in the US indicates a declining trend from $657.64 million in 2024 to $603.54 million in 2028. This represents a consistent year-on-year decrease in sales value. The compound annual growth rate (CAGR) for this period is negative, highlighting a shrinking market. In 2023, the sales stood higher than the projected value for 2024, suggesting a downturn starting from 2024 onwards.
Future trends to watch for:
- Technological advancements that might rejuvenate demand.
- Potential market expansion into emerging industries.
- Economic factors that could either mitigate or exacerbate the downward trend.
- Competitive innovations that might shift market dynamics.
