France piezoelectric devices market is expected to grow at a CAGR of around 9.4% during the forecast period. France is one of the technologically advanced and modern countries globally. France passenger car market is showing a considerable growth rate in recent years. In 2017, France has recorded a growth rate of 6.5% for passenger cars and commercial vehicles. About 2.2 million passenger cars were produced in 2017. The automotive sector in France deploys piezoelectric products such as injectors, actuators, pressure sensors, air transducers in the cars and other commercial vehicles have increased substantially.
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Outside Europe, France’s main clients are in China, the US, and Africa. Apart from the huge production and sales of internal combustion engine vehicles, France is the leading electric car market by volume in Europe. According to the French Vehicle Suppliers Association, the country has registered 22,000 electric passenger vehicles in 2016. The government is providing large cash incentives on the purchase of electric vehicles and hybrid vehicle. All these factors are expected to contribute to the growth of the piezoelectric devices market during the forecast period.
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France Piezoelectric Devices Market Segmentation
By Application
· Aerospace
· Automotive
· Healthcare
· Industrial and Manufacturing
· Communication
· Military and Defense
· Others
By Material
· Naturally Occurring Crystal
· Synthetic Derived Material
· Ceramics
· Polymer
· Composite
By Product
· Actuators
· Longitudinal Actuators
· Acoustic Devices
· Motors
· Transducers
· Generators
· Resonators
· Sensors
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)