![]() (US) are among a few emerging companies in the piezoelectric devices market. Lutz Pickelmann GmbH (Germany), PiezoMotor (Sweden), PCB Piezotronics, Inc. Apart from these, Kinetic Ceramics (US), Johnson Matthey Piezo Products GmbH (Germany), PI Ceramic (Germany), Piezo Solutions (US), DYTRAN INSTRUMENTS INCORPORATED (US), Piezomechanik Dr. (US) APC International, Ltd., (US) Mad City Labs, Inc. (Germany) piezosystem jena GmbH (Germany) Piezo Technologies (US) Aerotech Inc. The report profiles key players in the piezoelectric devices market with their respective market ranking analysis.Prominent players profiled in this report are include CeramTec GmbH (Germany) CTS Corporation (US) Kistler Group (Switzerland) Physik Instrumente (PI) GmbH & Co. By Region: North America –40%, Asia Pacific– 30%, Europe – 20%, and RoW – 10%.By Designation: C-level Executives – 40%, Directors –40%, and Others – 20%.By Company Type: Tier 1 – 40%, Tier 2 – 40%, and Tier 3 – 20%.The break-up of primary participants for the report has been shown below: In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the piezoelectric devices space. As Germany has the largest automotive sector, it witnesses a higher consumption of piezoelectric actuators, motors, and sensors. Germany is one of the largest manufacturing hubs for automobile companies in Europe.Technological innovations in the automotive sector of the country contribute to the growth of the piezoelectric devices market in Germany.Īlong with the automotive industry, piezoelectric devices are also likely to be adopted in industrial and manufacturing, consumer electronics, and healthcare applications. Germany is expected to have largest market size in Europe during the forecast period Medical device manufacturers are aware of the benefits of integrating piezoelectric components and materials into life-saving medical devices such as respirators, ventilators, and atomization systems. The healthcare application is expected to record the highest CAGR in the piezoelectric devices market during the forecast period.The healthcare sector depends on advanced techniques, including imaging, diagnostic scanning, and robotic surgeries, to provide the best possible care to patients. Market for healthcare application segment to witness highest growth during the forecast period When a mechanical force is applied for ultrasound applications, piezoelectric crystals are automatically deformed and produce a tiny voltage, which is used for producing and detecting ultrasonic sound waves. Piezoelectric crystals are small-scale energy sources.They change their shapes in small amounts, mostly in nanometers, and generate electricity whenever subjected to vibrations or external mechanical stress. Market for piezoelectric crystal segment is expected to hold the significant share during the forecast period These devices possess the properties of both sensors and actuators. They produce an electric output voltage by converting these parameters into an electric charge.Piezoelectric ultrasonic transducers transmit and receive ultrasonic waves used in sensing and imaging applications. Piezoelectric transducer is expected to have second largest market size in terms of product during the forecast period.Piezoelectric transducers use the piezoelectric effect to measure changes with respect to acceleration, force, pressure, strain, and temperature. Market for piezoelectric transducers to hold second-largest share during the forecast period. ![]() New York, J(GLOBE NEWSWIRE) - announces the release of the report "Piezoelectric Devices Market by Product, Material, Element, Application and Region - Global Forecast to 2028" - ĭevloping alternative materials to PZT ceramic materials having similar properties is one of the major challenge in the market. ![]()
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