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The Europe Piezoelectric Materials Market would witness market growth of 3.5% CAGR during the forecast period (2017 - 2023). Piezoelectric materials are highly agile, can change shape and are highly stiff when exposed to mechanical stress. Therefore, these materials are majorly used in wide range of electronic goods such as actuators, sensors, transducers, SONAR, generators and motors.
Demand for photovoltaic cells in developed economies including the UK and Germany with regulatory support pertaining to Feed-in Tariff (FiT) would elevate the adoption of the product. However, growing demand for substitutes including dielectric and inherently conductive polymers in manufacturing actuators would limit the market growth. Based on End User, the market is segmented into Consumer Goods, Automotive, IT & Telecom, Healthcare, Aerospace & Defense, and Others. Based on Product Type, the market report segments the market into Ceramics, Polymers, Composites, and Others.
Based on Application, the market report segments the market into Actuators, Sensors, Motors, Acoustic Devices, Generators, SONAR, Transducers, and Others. Based on Countries, the Piezoelectric Materials market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the competition analysis of key stakeholders of the Europe Piezoelectric Materials Market. Key companies profiled in the report include APC International, Ltd., PI Ceramic, Harris Corporation, Morgan Advanced Materials, Piezosystem Jena, CeramTec, Sparkler Ceramics Pvt. Ltd, CTS Corporation (Noliac AS), Piezomechanik Dr. Lutz Pickelmann GmbH, and Mad City Labs, Inc.