1. Market Research
  2. > Healthcare Market Trends
Piezoelectric Devices Market with COVID-19 Impact Analysis by Material, Product, Application And Region - Global Forecast to 2026

Piezoelectric Devices Market with COVID-19 Impact Analysis by Material, Product, Application And Region - Global Forecast to 2026

  • June 2021
  • 308 pages
  • ID: 4648404
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

The global piezoelectric devices market is projected to reach USD 35.4 billion by 2026 from an estimated USD 28.7 billion in 2021, at a CAGR of 4.3% from 2021 to 2026. The rising demand for piezoelectric devices for energy harvesting is among the factors driving the growth of the piezoelectric devices market.

The piezoelectric actuators segment held the major share of the piezoelectric devices market in 2020, and this trend is expected to continue during the forecast period.
In 2020, piezoelectric actuators held the largest size of the piezoelectric devices market, and a similar trend is likely to be observed during the forecast period.The growth can be attributed to several benefits offered by them, including less heat dissipation, less power consumption, fast response, high actuating precision, compact size, high reliability, and low cost.

In addition, piezoelectric actuators are highly power-efficient tools with excellent rotational speed. Owing to these benefits, they are widely used in various industries such as aerospace & defense, automotive, industrial and manufacturing, and healthcare.

The market for piezoelectric polymers is expected to grow at the highest CAGR during the forecast period
The market for piezoelectric polymers is expected to grow at the highest CAGR during the forecast period.The growth is attributed to the rising adoption of polymers in the healthcare industry due to their benefits such as low fabrication cost, lightweight, and fast processing speed.

In addition, their adoption in biological applications, such as bio-signal acquisition and tissue regeneration/repair, supports the growth of the market for piezoelectric polymers.

The aerospace and defense segment held the largest share of the piezoelectric devices market
The aerospace and defense application held the largest size of the piezoelectric devices market in 2020 owing to the increasing adoption of piezoelectric devices in the aerospace and defense industry to reduce harsh effects caused due to environmental conditions. Also, piezoelectric devices are preferred for non-destructive testing (NDT) and structural health monitoring of aircraft and airplane parts.

Based on region, APAC is expected to account for the largest share of the piezoelectric devices market by 2026
In 2026, APAC is projected to hold the largest share of the overall piezoelectric devices market.The market in APAC is expected to grow at the highest CAGR during the forecast period.

The major factor contributing to this growth is technological developments and a major focus on energy harvesting in countries such as China, Japan, and South Korea.China and Japan are industrial hubs that house numerous electronic equipment, devices, components, automotive, and other industries, which require piezoelectric devices for reducing the overall energy consumption.

Moreover, the industrial transformation toward digitalization is expected to transform manual processes into digital processes in the manufacturing industries.This is expected to increase the demand for highly advanced and miniatured electronic devices and products.

Thus, it is expected to support the growth of the piezoelectric devices market in the future.

In-depth interviews have been conducted with chief executive officers (CEOs), marketing managers, and other executives from various key organizations operating in the piezoelectric devices marketplace.
• By Company Type: Tier 1 – 45%, Tier 2 – 35%, and Tier 3 – 20%
• By Designation: C-level Executives – 32%, Managers – 40%, and Others – 28%
• By Region: North America – 37%, Europe – 15%, APAC – 40%, and RoW – 8%

L3HARRIS TECHNOLOGIES, INC. (US); CeramTec GmbH (Germany); CTS Corporation (US); Kistler Group (Switzerland); Physik Instrumente (PI) GmbH & Co. KG. (Germany); piezosystem jena GmbH (Germany); Piezo Technologies (US); Aerotech Inc. (US); APC International, Ltd., (US); Mad City Labs, Inc. (US) are some of the key players in the piezoelectric devices market.

The study includes an in-depth competitive analysis of these key players in the piezoelectric devices market, with their company profiles, recent developments, and key market strategies.

Research Coverage
The report defines, describes, and forecasts the piezoelectric devices market based on product, material, application, and region.It provides detailed information regarding factors such as drivers, restraints, opportunities, and challenges influencing the growth of the piezoelectric devices market.

It also analyzes product launches, expansions, partnerships, collaborations, contracts, and merger and acquisitions, carried out by the key players to grow in the market.

Key Benefits of Buying the Report
This report will help market leaders/new entrants in this industry with information on the closest approximations of the revenue numbers for the overall piezoelectric devices market and the subsegments.The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

The report will also help stakeholders to understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Radiation Detection, Monitoring, & Safety Market by Product, Composition, Application - Global Forecast to 2026

  • $ 4950
  • August 2021
  • 241 pages

The global radiation detection, monitoring, and safety market is expected to grow at a CAGR of 6.9% during the forecast period to reach USD 3.1 billion by 2026 from an estimated USD 2.2 billion in 2021. ...

  • World
  • Europe
  • Nuclear Power
  • Healthcare
  • Industry analysis
  • Defense Expenditure
  • Cancer Incidence

ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on