North America is the leading region in the global piezoelectric devices market. The region is expected to grow at a CAGR of around 5.5% during the forecast period. Owing to the wide application area of piezoelectric device which includes, automotive industry, electric and electronic industry, aerospace, medical devices, IoT device, military equipment and other industries, the demand for piezoelectric devices is increasing in North America. The increase in the mobile phone subscription is estimated to increase the demand for piezoelectric devices in the region. Smart phones and tablet manufacturers are developing their strategies for manufacturing of the energy-efficient batteries. With recent developments in the mobile phone industry for efficient and compact batteries, the region is estimated to grow further with the increasing number of applications of piezoelectric devices in computers, laptops and other electronic devices.
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The region is projected to mount up the need for piezoelectric devices in healthcare applications. Due to rapid growth in health-conscious population in North America, companies are bringing wearable devices in their product portfolio which as a result is projected to contribute a huge share in piezoelectric devices market. Application of piezoelectric devices is estimated to increase due to energy harvesting feature of the piezoelectric devices. Battery life remains a major concern in the smart gadgets operated by rechargeable batteries. Kinetic energy harvesting through these devices is poised to increase the share of piezoelectric devices.
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North American Piezoelectric Devices Market Segmentation
By Application
Aerospace
Automotive
Healthcare
Industrial and Manufacturing
Communication
Military and Defense
Others
By Material
Naturally Occurring Crystal
Synthetic Derived Material
Ceramics
Polymer
Composite
By Product
Actuators
Longitudinal Actuators
Acoustic Devices
Motors
Transducers
Generators
Resonators
Sensors
Regional Analysis
United States
Canada
Company Profiles
APC International, Ltd.
CeramTec Holding GmbH
CTS Corp.
Harris Corp.
Kinetic Ceramics, Inc.
Mad City Labs, Inc.
Omega Piezo Technologies, Inc.
US Eurotek, Inc.
Vesper Technologies Inc
Wireless Sensor Solutions LLC
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