Nov 17, 2017   SOURCE: BusinessWire

Global Piezoelectric Materials Market Forecasts from 2017 to 2022 - Research and Markets

The "Global Piezoelectric Materials Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.

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.

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.

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.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Key Findings of the Study

4. Market Dynamics

5. Global Piezoelectric Materials Market Forecast by Material (US$ billion)

6. Global Piezoelectric Materials Market Forecast by Products (US$ billion)

7. Global Piezoelectric Materials Market Forecast by Industry (US$ billion)

8. Global Piezoelectric Materials Market Forecast by Geography (US$ billion)

9. Competitive Intelligence

10. Company Profiles

  • PI Ceramic GmbH
  • Harris Corporation
  • Morgan Advanced Materials plc.
  • piezosystem jena GmbH
  • CeramTec GmbH
  • Sparkler Ceramics Pvt. Ltd
  • Piezomechanik Dr. Lutz Pickelmann GmbH
  • APC International, Ltd

For more information about this report visit https://www.researchandmarkets.com/research/63srlw/global