PUBLISHER: TechNavio | PRODUCT CODE: 1801565
PUBLISHER: TechNavio | PRODUCT CODE: 1801565
The piezoelectric smart materials market is forecasted to grow by USD 832.2 mn during 2024-2029, accelerating at a CAGR of 7.7% during the forecast period. The report on the piezoelectric smart materials market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for energy-efficient solutions, growing automotive industry in developing economies, and rising demand for consumer electronics.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 7.2% |
CAGR | 7.7% |
Incremental Value | $832.2 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's piezoelectric smart materials market is segmented as below:
By Type
By Application
By End-user
By Geographical Landscape
This study identifies the growing use of piezoelectric nanomaterials in electronic devices as one of the prime reasons driving the piezoelectric smart materials market growth during the next few years. Also, increasing advancements in healthcare technologies and rise in adoption of piezoelectric smart materials in energy sector will lead to sizable demand in the market.
The report on the piezoelectric smart materials market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading piezoelectric smart materials market vendors that include APC International Ltd., Arkema Group, CEDRAT TECHNOLOGIES SAS, CeramTec GmbH, CTS Corp., Hutchinson S.A., Kyocera Corp., L3Harris Technologies Inc., Mad City Labs Inc., Omega Piezo Technologies, Piezo Kinetics Inc., Piezomechanik DR. Lutz Pickelmann GmbH, piezosystem jena GmbH, QorTek Inc., Smart Material Corp., Tayca Corp., US Eurotek Inc., XeelTech GmbH, and Zibo Yuhai Electronic Ceramic Co. Ltd.. Also, the piezoelectric smart materials market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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