Actuators is expected to remain the largest segment in the global piezoelectric device market


Posted February 2, 2022 by Lucintel

An exciting new study from the team of Lucintel found that piezoelectric device market is expected to grow at a CAGR of 10% to 12%.

 
An exciting new study from the team of Lucintel found that piezoelectric device market is expected to grow at a CAGR of 10% to 12%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The piezoelectric device market is segmented based on product type, material, end use industry, and region. In this market, actuators is expected to remain the largest product type, and aerospace and defense segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like increasing government initiatives, rising foreign investments, growing population, along with the bulk manufacturing facilities of piezoelectric devices.
L3HARRIS TECHNOLOGIES, INC., CeramTec GmbH, CTS CORPORATION, Physik Instrumente (PI) GmbH & Co. KG., and APC International, Ltd. are some of the major players profiled in this 150 page report.
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https://www.lucintel.com/piezoelectric-device-market.aspx
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the global piezoelectric device market by product type (piezoelectric sensors, piezoelectric actuators, piezoelectric motors, piezoelectric transducers, piezoelectric generators), material (piezoelectric crystals, piezoelectric ceramics, piezoelectric polymers, and piezoelectric composites), end use industry (aerospace and defense, industrial and manufacturing, automotive, healthcare, information & communication, and consumer electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the piezoelectric device market?
Q.4 What are some changing demands of customers in the piezoelectric device market?
Q.5 What are the new developments in the piezoelectric device market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this piezoelectric device area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this piezoelectric device market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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Tags piezoelectric device market
Last Updated February 2, 2022