Worldwide Piezoelectric Devices Industry to 2026 – Growing Use of Piezoelectric Polymers in Hydrophones Presents Opportunities – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Piezoelectric Devices Market Research Report by Product, by Material, by Element, by Devices, by Application, by Region – Global Forecast to 2026 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Piezoelectric Devices Market size was estimated at USD 32.99 billion in 2020 and expected to reach USD 34.69 billion in 2021, at a CAGR of 5.50% to reach USD 45.51 billion by 2026.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Piezoelectric Devices Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Piezoelectric Devices Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Piezoelectric Devices Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Piezoelectric Devices Market?

4. What is the competitive strategic window for opportunities in the Global Piezoelectric Devices Market?

5. What are the technology trends and regulatory frameworks in the Global Piezoelectric Devices Market?

6. What is the market share of the leading vendors in the Global Piezoelectric Devices Market?

7. What modes and strategic moves are considered suitable for entering the Global Piezoelectric Devices Market?

Market Dynamics

Drivers

• Surging need for high-performance sensors witnessed by aerospace industry
• Growing use of polymer-based piezoelectric transducers and sensors in acoustic devices, printers, and connectivity solutions
• Escalating demand for piezoelectric polymers due to increasing investments in renewable energy projects

Restraints

• High cost of texture ceramic materials globally

Opportunities

• Rising demand of piezoelectric polymers in piezoelectric actuators and motors
• Growing use of piezoelectric polymers in hydrophones
• Rising demand for polymer-based piezoelectric sensors and films in aerospace, nuclear instrumentation, and consumer electronics

Challenges

• Developing alternative to PZT having similar properties to conventional lead-based ceramic materials

Companies Mentioned

• Actuated Medical, Inc.
• Aerotech Inc.
• APC International, Ltd.
• AVX Corp.
• CEDRAT TECHNOLOGIES
• CeramTec North America, LLC
• CTS Corporation
• DeL Piezo Specialties, LLC
• Kistler Group
• Kyocera
• L3HARRIS TECHNOLOGIES, INC.
• Mad City Labs, Inc.
• Morgan Advanced Materials
• Omega Piezo Technologies Inc.
• Physik Instrumente (PI) GmbH & Co. KG.
• Piezo Systems, Inc.
• Piezo Technologies
• piezo.com
• piezosystem jena GmbH
• Solvay
• TQ Abrasive Machining

For more information about this report visit https://www.researchandmarkets.com/r/9pqyfv

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