Lucintel Forecasts the Global Piezoceramic Composite Market is expected to grow with a CAGR of 6.5% from 2024 to 2030
Lucintel Forecasts the Global Piezoceramic Composite Market is expected to grow with a CAGR of 6.5% from 2024 to 2030
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According to a market report by Lucintel, the future of the global piezoceramic composite market looks promising with opportunities in the automotive, healthcare, information & telecommunication, consumer goods, and aerospace & defense markets. The global piezoceramic composite market is expected to grow with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing need for accurate, compact electrical equipment, dependency of the expanding healthcare sector on cutting-edge imaging technology, like ultrasound and medical diagnostics, as well as, rising use of piezoelectric materials in energy collecting systems and the expanding car industry to increase fuel economy.
A more than 150-page report to understand trends, opportunity and forecast in piezoceramic composite market to 2030 by type (standard and custom), application (automotive, healthcare, information & telecommunication, consumer goods, aerospace & defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that standard will remain the larger segment over the forecast period because the standard composites are readily available from various manufacturers, catering to common applications with predefined specifications.
Within this market, automotive will remain the largest segment due to the automotive industry utilizes piezoceramic composites in various applications like fuel injectors, vibration control systems, and haptic feedback systems.
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APAC will remain the largest region over the forecast period due to increased demand for advanced technologies like piezoceramic composites across various industries like automotive, aerospace, and consumer electronics.
APC International, Harris, PI Ceramic, Morgan Technical Ceramics, Mad City Labs, Smart Materials, Piezo Kinetics, MSI Transducers, Sparkler Ceramics, Noliac are the major suppliers in the piezoceramic composite market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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