European piezoelectric devices market is expected to grow at a CAGR of around 7.3% during the forecast period. Europe has been significantly contributing to the global piezoelectric devices market, owing to the growing adoption of electrical equipment and semiconductor devices in automotive and biomedical devices. Presence of several major automobile companies augments the demand for piezoelectric devices in the region. The increasing expenditure in the healthcare, electronics and automotive sector by the European countries is offering an opportunity for the growth of the market in the region.
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Key players in the market include CTS Corp., CeramTec Holding GmbH, and Harris Corp. These players are adopting strategies that enable to expand their market share and gain a competitive advantage over their competitors. For instance, in April 2017, CeramTec Holding GmbH acquired UK electro-ceramics business segment of the Morgan Advanced Materials Plc to enter into piezoelectric product segment.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
European Piezoelectric Devices Market by Application
- Aerospace
- Automotive
- Healthcare
- Industrial and Manufacturing
- Communication
- Military and Defense
- Others
European Piezoelectric Devices Market by Material
- Naturally Occurring Crystal
- Synthetic Derived Material
- Ceramics
- Polymer
- Composite
European Piezoelectric Devices Market by Product
- Actuators
- Longitudinal Actuators
- Acoustic Devices
- Motors
- Transducers
- Generators
- Resonators
- Sensors
Regional Analysis
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
Company Profiles
- APC International, Ltd.
- Cedrat Technologies SA
- CeramTec GmbH
- CTS Corp.
- Emfit Ltd.
- Harris Corp.
- Ionix Advanced Technologies Ltd.
- Mad City Labs, Inc.
- Physik Instrumente (PI) GmbH & Co. KG
- Piezocryst Advanced Sensorics GmbH
The Report covers:
- Comprehensive research methodology of the European piezoelectric devices market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regulations and other government policies impacting the European piezoelectric devices market.
- Insights about market determinants which are stimulating the European piezoelectric devices market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
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