What is Piezopolymer Market Scope?
Piezo polymer is defined as the piezoelectric polymer which can reversibly convert pressure to electricity. It has the ability to reversibly convert heat and pressure to electricity. It contains piezoelectric nano-crystals as well as ultra-violet-sensitive gels that are extruded then solidified using UV light. Emerging applications of piezoelectric polymer, increasing demand for low-power portable energy sources, development of high-performance materials for piezopolymer, advancements in piezo motion technology are some of the major drivers which are propelling the growth of the market.
The Piezopolymer market study is being classified by Type (Actuators, Transducer, Driver, Sensor and Others), by Application (Industrial, Automotive, Medical and Others) and major geographies with country level break-up.
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global piezopolymer market can witness an upsurge in the forecast period. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Piezopolymer market throughout the predicted period.
APC International (United States), Exelis (United States), Morgan Advanced Materials (United Kingdom), US Eurotek (Uniyed States), Piezosystem Jena (Germany), CeramTec GmbH (Germany), Piezo Solutions (United States) and Piezomechanik GmbH (Germany) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Piezopolymer market by Type, Application and Region.
On the basis of geography, the market of Piezopolymer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On January 2019, according to Virginia Tech. (United States) that piezoelectric materials can also be 3D printed to convert movement, impact as well as stress to electrical energy for monitoring or energy harvesting. This will, in turn, propel the growth of the market in the future.
Influencing Market Trend
- Technology advancement of the Piezopolymers
Market Drivers
- Piezoelectric Materials to Drive Market Growth of Piezoelectric polymer
- Considerable R&D Investments for Innovative Solutions
Opportunities
- Increasing Use of Piezoelectric Materials in Nanotechnology
- Opportunity to Tap Unconventional Power Forms Such as Vibrations and Shock Waves for Energy Generation
- Prominent Opportunities for Piezoelectric Actuators and Motors in Automotive and Healthcare Industries
Restraints
- High Cost of Piezoelectric Materials
Challenges
- Rapid Technological Changes
- Stringent Regulatory Issues
Key Target Audience
Manufacturers of Piezopolymer, Suppliers of Piezopolymer, Wholesalers, Distributors and Retailers of Piezopolymer, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
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