Global Piezoelectric Materials Market - Forecasts from 2017 to 2022
The global piezoelectric materials market is projected to witness a CAGR of 8.32% to grow to US$1.254 billion by 2022, increasing from US$.0.841 billion in 2017. Increasing demand for automated manufacturing processes with increased efficiency and reduced lead time leads to an increase in the demand of actuators. This increasing demand of actuators is expected to fuel the market growth over the projected period. The growth of consumer electronics industry and increasing popularity of photovoltaic cells will drive the market growth for piezoelectric materials. However, growing popularity of the substitutes like inherently conductive polymers for the manufacturing of actuators will impede the market growth.
By Material
Ceramics held the largest market share in 2016, owing to the increasing demand for ceramic-based lead zirconate titanate in a wide range of applications across various industry verticals. Composites held the second largest share in the products segment and are expected to show the highest growth rate over the forecast period due to their wide range of bandwidth and high electroacoustic efficiency
By Product
Actuators held the largest share in this segment in 2016, owing to their use in a wide range of applications, especially in automotive industry. Generators are expected to show the highest CAGR over the forecast period owing to their ability to generate electricity using the vibrations from the system
By Industry
Consumer Electronics industry held the largest share in this segment in 2016, owing to the use of piezoelectric materials in a wide range of advanced electronic devices. Automotive industry held the second largest share after consumer electronics industry owing to the application of these materials in vehicles to enhance safety and convenience.
By Geography
North America accounted for the largest market share in 2016, followed by Europe, owing to the rapidly increasing use of sensors and transducers in a wide range of applications. Asia Pacific is expected to show the highest CAGR over the projected period. The highest expected CAGR in Asia Pacific is due to the rapidly growing automotive and consumer electronics industry.
Segmentation
In the report, global piezoelectric materials market has been segmented by material, product, industry, and geography:
By Material
Polymers
Ceramics
Composites
Others
By Product
Sensors
Actuators
Transducers
Motors
Generators
Others
By Industry
Consumer Electronics
Automotive
Healthcare
Aerospace and Defense
Energy and Power
Others
By Geography
North America
South America
Europe
Middle East and Africa (MEA)
Asia Pacific (APAC)
By Material
Ceramics held the largest market share in 2016, owing to the increasing demand for ceramic-based lead zirconate titanate in a wide range of applications across various industry verticals. Composites held the second largest share in the products segment and are expected to show the highest growth rate over the forecast period due to their wide range of bandwidth and high electroacoustic efficiency
By Product
Actuators held the largest share in this segment in 2016, owing to their use in a wide range of applications, especially in automotive industry. Generators are expected to show the highest CAGR over the forecast period owing to their ability to generate electricity using the vibrations from the system
By Industry
Consumer Electronics industry held the largest share in this segment in 2016, owing to the use of piezoelectric materials in a wide range of advanced electronic devices. Automotive industry held the second largest share after consumer electronics industry owing to the application of these materials in vehicles to enhance safety and convenience.
By Geography
North America accounted for the largest market share in 2016, followed by Europe, owing to the rapidly increasing use of sensors and transducers in a wide range of applications. Asia Pacific is expected to show the highest CAGR over the projected period. The highest expected CAGR in Asia Pacific is due to the rapidly growing automotive and consumer electronics industry.
Segmentation
In the report, global piezoelectric materials market has been segmented by material, product, industry, and geography:
By Material
Polymers
Ceramics
Composites
Others
By Product
Sensors
Actuators
Transducers
Motors
Generators
Others
By Industry
Consumer Electronics
Automotive
Healthcare
Aerospace and Defense
Energy and Power
Others
By Geography
North America
South America
Europe
Middle East and Africa (MEA)
Asia Pacific (APAC)
1. INTRODUCTION
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET DYNAMICS
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
5. GLOBAL PIEZOELECTRIC MATERIALS MARKET FORECAST BY MATERIAL (US$ BILLION)
5.1. Introduction
5.2. Polymers
5.3. Ceramics
5.4. Composites
5.5. Others
6. GLOBAL PIEZOELECTRIC MATERIALS MARKET FORECAST BY PRODUCTS (US$ BILLION)
6.1. Introduction
6.2. Sensors
6.3. Actuators
6.4. Transducers
6.5. Motors
6.6. Generators
6.7. Others
7. GLOBAL PIEZOELECTRIC MATERIALS MARKET FORECAST BY INDUSTRY (US$ BILLION)
7.1. Introduction
7.2. Consumer Electronics
7.3. Automotive
7.4. Healthcare
7.5. Aerospace and Defense
7.6. Energy and Power
7.7. Others
8. GLOBAL PIEZOELECTRIC MATERIALS MARKET FORECAST BY GEOGRAPHY (US$ BILLION)
8.1. Introduction
8.2. North America
8.3. South America
8.4. Europe
8.5. Middle East and Africa (MEA)
8.6. Asia Pacific (APAC)
9. COMPETITIVE INTELLIGENCE
9.1. Market Share Analysis
9.2. Strategies of Key Players
9.3. Recent Investments and Deals
10. COMPANY PROFILES
10.1. PI Ceramic GmbH
10.1.1. Overview
10.1.2. Financials
10.1.3. Products and Services
10.1.4. Key Developments
10.2. Harris Corporation
10.2.1. Overview
10.2.2. Financials
10.2.3. Products and Services
10.2.4. Key Developments
10.3. Morgan Advanced Materials plc.
10.3.1. Overview
10.3.2. Financials
10.3.3. Products and Services
10.3.4. Key Developments
10.4. piezosystem jena GmbH
10.4.1. Overview
10.4.2. Financials
10.4.3. Products and Services
10.4.4. Key Developments
10.5. CeramTec GmbH
10.5.1. Overview
10.5.2. Financials
10.5.3. Products and Services
10.5.4. Key Developments
10.6. Sparkler Ceramics Pvt. Ltd
10.6.1. Overview
10.6.2. Financials
10.6.3. Products and Services
10.6.4. Key Developments
10.7. Piezomechanik Dr. Lutz Pickelmann GmbH
10.7.1. Overview
10.7.2. Financials
10.7.3. Products and Services
10.7.4. Key Developments
10.8. APC International, Ltd
10.8.1. Overview
10.8.2. Financials
10.8.3. Products and Services
10.8.4. Key Developments
List of Tables
List of Figures
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET DYNAMICS
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
5. GLOBAL PIEZOELECTRIC MATERIALS MARKET FORECAST BY MATERIAL (US$ BILLION)
5.1. Introduction
5.2. Polymers
5.3. Ceramics
5.4. Composites
5.5. Others
6. GLOBAL PIEZOELECTRIC MATERIALS MARKET FORECAST BY PRODUCTS (US$ BILLION)
6.1. Introduction
6.2. Sensors
6.3. Actuators
6.4. Transducers
6.5. Motors
6.6. Generators
6.7. Others
7. GLOBAL PIEZOELECTRIC MATERIALS MARKET FORECAST BY INDUSTRY (US$ BILLION)
7.1. Introduction
7.2. Consumer Electronics
7.3. Automotive
7.4. Healthcare
7.5. Aerospace and Defense
7.6. Energy and Power
7.7. Others
8. GLOBAL PIEZOELECTRIC MATERIALS MARKET FORECAST BY GEOGRAPHY (US$ BILLION)
8.1. Introduction
8.2. North America
8.3. South America
8.4. Europe
8.5. Middle East and Africa (MEA)
8.6. Asia Pacific (APAC)
9. COMPETITIVE INTELLIGENCE
9.1. Market Share Analysis
9.2. Strategies of Key Players
9.3. Recent Investments and Deals
10. COMPANY PROFILES
10.1. PI Ceramic GmbH
10.1.1. Overview
10.1.2. Financials
10.1.3. Products and Services
10.1.4. Key Developments
10.2. Harris Corporation
10.2.1. Overview
10.2.2. Financials
10.2.3. Products and Services
10.2.4. Key Developments
10.3. Morgan Advanced Materials plc.
10.3.1. Overview
10.3.2. Financials
10.3.3. Products and Services
10.3.4. Key Developments
10.4. piezosystem jena GmbH
10.4.1. Overview
10.4.2. Financials
10.4.3. Products and Services
10.4.4. Key Developments
10.5. CeramTec GmbH
10.5.1. Overview
10.5.2. Financials
10.5.3. Products and Services
10.5.4. Key Developments
10.6. Sparkler Ceramics Pvt. Ltd
10.6.1. Overview
10.6.2. Financials
10.6.3. Products and Services
10.6.4. Key Developments
10.7. Piezomechanik Dr. Lutz Pickelmann GmbH
10.7.1. Overview
10.7.2. Financials
10.7.3. Products and Services
10.7.4. Key Developments
10.8. APC International, Ltd
10.8.1. Overview
10.8.2. Financials
10.8.3. Products and Services
10.8.4. Key Developments
List of Tables
List of Figures
