According to a new report Global Piezoelectric Materials Market, published by KBV research, the Global Piezoelectric Materials Market size is expected to reach $1.5 billion by 2023, rising at a market growth of 4.1% CAGR during the forecast period.
The North America market holds the largest market share in Global Piezoelectric Materials in Consumer Goods Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 2.6 % during the forecast period. The Europe market is expected to witness a CAGR of 3.1% during (2017 - 2023) in Global Piezoelectric Materials in Automotive Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 4.9% during (2017 - 2023) in Global Piezoelectric Materials in IT & Telecom Market.
The Ceramics market holds the largest market share in Global Piezoelectric Materials Market by Product Type in 2016, and would continue to be a dominant market till 2023. The Composites market is expected to witness a CAGR of 4.8% during (2017 - 2023). Additionally, The Polymers market would garner market size of $358.2 million by 2023.
The Actuators market dominated the Global Piezoelectric Materials Market by Application in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 2.9 % during the forecast period. The Acoustic Devices market is expected to witness a CAGR of 4.5% during (2017 - 2023). Additionally, The SONAR market is expected to witness highest CAGR of 5.5% during (2017 - 2023).
Full Report: https://www.kbvresearch.com/piezoelectric-materials-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Piezoelectric Materials Market have been discussed in the report with the elaborated company profiles of APC International, Ltd., PI Ceramic, Harris Corporation, Morgan Advanced Materials, Piezosystem Jena, CeramTec, Sparkler Ceramics Pvt. Ltd, CTS Corporation (Noliac A/S), Piezomechanik Dr. Lutz Pickelmann GmbH, and Mad City Labs, Inc.
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North America Piezoelectric Materials Market (2017-2023)
Europe Piezoelectric Materials Market (2017-2023)
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