Global Piezo Materials Market Overview:
Piezoelectric Effect Is The Capability Of Some Materials To Produce An Electric Charge In Reaction To The Applied Mechanical Force. The Piezoelectric Materials Are Used For Making Devices Involved In Electronic Frequency Generation, The Production And Detection Of Sound, Microbalances, Generation Of High Voltages, Ultra-Fine Focusing Of Optical Assemblies and Scientific Instrumental Techniques With Atomic Resolution Such As Scanning Probe Microscopes. The Piezoelectric Effect Also Has Its Usage in More Routine Applications As Well, Such As Acting as the Ignition Source for Cigarette Lighters
Growth Drivers
- Increased Implementation of Industrial Automation for Better Efficiency and Reduction in the Production Time in Industries like Electronics and Pharmaceuticals
- Rise In The Applications Of Piezo Materials Like Actuators, Injectors, And Sensors In Automobile Industries For Better Fuel Economy, Performance And Safety Owing To High Tensile Strength Of The Piezo Materials
Roadblocks
- Presence of Substitutes like Conductive Polymers and Dielectric May Hinder the Market Expansion
Opportunities
- In The Developed Economies Like The United States And Netherlands, There Is A Growing Opportunity For The Usage Of Piezo Materials Alongside Photovoltaics Cells For Renewable Energy Generation By The Placement Of Piezo Materials Beneath The Road For The Electricity Generation By The Mechanical Stress Produced When The Vehicles Pass Over The Road
Challenges
- Unawareness about the Wide Applications of Piezo Materials in Many Locations Worldwide
Competitive Landscape:
The Market For Piezo Materials Is Fragmented With The Presence Of Many Global As Well As Regional Players. Leading Players Can Adopt Strategies Such As A Merger, Acquisition And Expansions In Order To Gain Share Within The Market. Owing To the Rising Applications of Piezo Materials Market, There Are Massive Opportunities for the New Players
Some of the key players profiled in the report are TDK (Japan), Ceramtec (Germany), Piezo Systems Inc. (United States), Mad City Labs (United States), Eurotek Environmental Pvt.Ltd (India), CTS Corporation (United States), Murata Manufacturing (Japan), Taiyo Yuden (Japan), Kyocera (Japan), Sparkler Piezo-Ceramics Pvt Ltd (India), APC International (United States), TRS Technologies Inc. (United States) and Noliac (Denmark). Additionally, following companies can also be profiled that are part of our coverage like Sensortech Systems, Inc. (United States), Meggitt Sensing (Switzerland), Johnson Matthey (United Kingdom), Kinetic Ceramics (United States), Konghong Corporation, Zhejiang Jiakang Electronics Co., Ltd (China), Datong Electronics (United Kingdom), Audiowell Electronics (Guangdong) Co., Ltd (China), Honghua Electronic (China), Risun India Electronics Pvt Ltd (India) and Yuhai Electronic Ceramic (China. Analyst at AMA Research see United States and European Vendors to retain maximum share of Global Piezo Materials market by 2027. Considering Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the Piezo Materials market. Considering Market by Material, the sub-segment i.e. Ceramics will boost the Piezo Materials market.
In August 2018, Acteon North America Introduced the Piezotome Cube, an Ultrasonic Bone Surgery Device Designed To Make Extractions Involving Minimal Tissue Damages through the Usage of Piezoelectricity
What Can be Explored with the Piezo Materials Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Piezo Materials Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Piezo Materials
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Piezo Materials market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Piezo Materials market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Piezo Materials Manufacturers, Distributors/Traders, Importers/Exporters, Investors, Regulatory and Government Bodies, Downstream Vendors, Up-Stream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.