Europe Piezoelectric Devices Market Size, Share & Industry Trends Analysis Report By Element (Piezoelectric Discs, Piezoelectric Rings, and Piezoelectric Plates), By Application, By Material, By Product, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Piezoelectric Devices Market would witness market growth of 5.7% CAGR during the forecast period (2022-2028).
Piezoelectric devices utilize a broad range of materials, including quartz crystal, Rochelle salt, polymers, ceramics, ferroelectrics, macro-fiber composites, and flexoelectric materials. Material selection for various applications is determined by characteristics such as consistency, stability, high input-to-output ratio, malleability, and resistance to heat and humidity. Quartz crystals were primarily utilized in piezoelectric devices.
However, its inability to react at low voltages and operate at temperatures above 300 °C necessitated its replacement with contemporary materials, such as piezo composites and piezoceramics. Piezoelectric sensors are flexible instruments for measuring many processes. In various sectors, they are utilized for process control, quality assurance, and research and development. This measurement concept has grown in popularity and developed into a mature technology with high inherent dependability.
They have been utilized effectively in several applications, including medical, aeronautical, and nuclear instruments, as a tilt sensor in consumer electronics, and as a pressure sensor in mobile phone touch pads. When constructing internal combustion engines, piezoelectric components are utilized to monitor combustion in the automobile sector. Either the sensors are directly placed into extra holes in the cylinder head, or the spark/glow plug has a small piezoelectric sensor integrated into it.
Europe's automotive, healthcare, as well as industrial & manufacturing facilities are anticipated to stimulate market expansion. Moreover, there is a significant prevalence of a number of major market players throughout the region, due to which, the competitiveness within the market is surging and compelling manufacturers to bring new and more advanced products. By inventing novel piezoelectric-based goods and systems that are utilized in a variety of application sectors, these companies are regarded as industry trendsetters.
The Germany market dominated the Europe Piezoelectric Devices Market by Country in 2021; thereby, achieving a market value of $2,806.7 Million by 2028. The UK market is exhibiting a CAGR of 4.9% during (2022 - 2028). Additionally, The France market would experience a CAGR of 6.5% during (2022 - 2028).
Based on Element, the market is segmented into Piezoelectric Discs, Piezoelectric Rings, and Piezoelectric Plates. Based on Application, the market is segmented into Aerospace & Defense, Industrial & Manufacturing, Information & Communication, Healthcare, Consumer Electronics, Automotive, and Others. Based on Material, the market is segmented into Piezoelectric Ceramics, Piezoelectric Polymers, Piezoelectric Crystals, and Piezoelectric Composites. Based on Product, the market is segmented into Piezoelectric Actuators, Piezoelectric Transducers, Piezoelectric Generators, Piezoelectric Motors, Piezoelectric Sensors, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Piezoelectric Devices Market will Hit $43.6 Billion by 2028, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Physik Instrumente (PI) GmbH & Co. KG, Piezo Technologies (Amphenol Corporation), Aerotech, Inc., Mad City Labs, Inc., CeramTec GmbH, APC International, Ltd., Piezosystem Jena GmbH, Dytran Instruments, Inc. (Spectris PLC), CTS Corporation and Kistler Group (Kistler Holding AG)
Scope of the Study
Market Segments Covered in the Report:
- Piezoelectric Discs
- Piezoelectric Rings
- Piezoelectric Plates
- Aerospace & Defense
- Industrial & Manufacturing
- Information & Communication
- Consumer Electronics
- Piezoelectric Ceramics
- Piezoelectric Polymers
- Piezoelectric Crystals
- Piezoelectric Composites
- Piezoelectric Actuators
- Piezoelectric Transducers
- Piezoelectric Generators
- Piezoelectric Motors
- Piezoelectric Sensors
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Physik Instrumente (PI) GmbH & Co. KG
- Piezo Technologies (Amphenol Corporation)
- Aerotech, Inc.
- Mad City Labs, Inc.
- CeramTec GmbH
- APC International, Ltd.
- Piezosystem Jena GmbH
- Dytran Instruments, Inc. (Spectris PLC)
- CTS Corporation
- Kistler Group (Kistler Holding AG)
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