Lead Free Piezoelectric Ceramic Material Market to Record Steadfast Evolution Through 2021-2030
Market Size – USD 182.3 Million in 2021, Market Growth – at a CAGR of 16.3%, Market Trends – Rising number of automotive manufacturing
chhaya chavan
The global lead-free piezoelectric ceramic material market size is expected to reach USD 710.0 Million in 2030 and register a revenue CAGR of 16.3% over the forecast period, according to latest analysis by Emergen Research. Increasing significance of automated manufacturing processes with higher efficiency and short production times is one of the key factors expected to support market revenue growth between 2022 and 2030. Lead-free piezoelectric ceramic materials have a high degree of stiffness and capacity to change shape when subjected to mechanical stress, they are now widely employed in manufacturing of electronic goods such as transducers, actuators, generators, SONAR, sensors, and motors. This is another factor expected to drive market revenue growth over the forecast period.
The study draws a forecast of the growth of the Lead free Piezoelectric Ceramic Material market by evaluating the market size, share, demand, trends, and gross revenue of the industry. It also focuses on the positions of the major companies against the competitive landscape and their individual share in the global market. The report segments the industry based on product type, application and end-use. It highlights the recent trends and technological developments in the sector that will potentially influence the industry. The research offers a detailed outlook of the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
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Key companies profiled in the report include:
KYOCERA Corporation, Sumitomo Chemical Co., Ltd., PI Ceramic GmbH, Zibo Yuhai Electronic Ceramic Co., Ltd, Fuji Ceramics Corporation, NGK Spark Plug Co., Ltd., Noritake Co., Limited, Kemet Corporation, Seiko Epson Corporation, and Canon Inc.
The report addresses the following key points:
- The report estimates the expected market size from 2020-2027
- The report provides a forecast of market drivers, restraints, and future opportunities for the Lead Free Piezoelectric Ceramic Material market
- The report further analyses the changing Lead Free Piezoelectric Ceramic Material market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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Emergen Research has segmented the global lead-free piezoelectric ceramic material market on the basis of product type, application, and region:
-
Product Type Outlook (Revenue, USD Million; 2019–2030)
- Barium Titanate Base
- Bismuth Titanate Sodium Group
- Niobium Acid-Base
- Others
-
Application Outlook (Revenue, USD Million; 2019–2030)
- Industry & Manufacturing
- Automotive Industry
- Consumer Electronics
- Medical
- Others
Lead Free Piezoelectric Ceramic Material Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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