DUBLIN--(BUSINESS WIRE)--The "Global Piezoelectric Devices Market (2022-2027) by Product, Material, Application, Element, Operation Modes of Piezoelectric Devices, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Piezoelectric Devices Market is estimated to be USD 35.59 Bn in 2022 and is projected to reach USD 46.76 Bn by 2027, growing at a CAGR of 5.61%.
Market dynamics are forces that impact the prices and behaviors of the Global Piezoelectric Devices Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario.
Some of the companies covered in this report are Actuated Medical, Aerotech, APC International, Ceramtec, CTS Corp., DeL Piezo Specialties, Kinetic Ceramics, L3Harris Technologies, Omega Piezo Technologies, Piezo Solutions, Piezomotor, Piezosystem Jena, TE Connectivity, etc.
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score.
The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
- The report presents a detailed Ansoff matrix analysis for the Global Piezoelectric Devices Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
- The report analyses the Global Piezoelectric Devices Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
- Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Piezoelectric Devices Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.
Market Dynamics
Drivers
- Surging Need for High-performance Sensors Witnessed by Aerospace Industry
- Growing Use of Polymer-based Piezoelectric Transducers and Sensors in Acoustic Devices, Printers, Connectivity Solutions, Etc.
- Rising Adoption of Piezoelectric Energy Harvesting Mechanism
- Escalating Demand for Piezoelectric Polymers Due to Increasing Investments in Renewable Energy Projects
Restraints
- High Cost of Texture Ceramic Materials
- Stringent Government Policies That Mandate Utilization of Lead-free Piezoelectric Materials
Opportunities
- Promising Newer Applications of Piezoelectric Polymers in Piezoelectric Actuators and Motors
- Rising Need for Piezoelectric Polymers in Biomedical Devices
- Growing Use of Piezoelectric Polymers in Hydrophones
- Rising Demand for Polymer-based Piezoelectric Se
Challenges
- Developing Alternative to PZT Having Similar Properties to Conventional Lead-based Ceramic Materials
- Building Effective Inventory Management System and Space Utilization Due to Rapid Technological Changes
Company Profiles
- Actuated Medical
- Aerotech
- APC International
- Ceramtec
- CTS Corp.
- DeL Piezo Specialties
- Dytran Instruments
- Elpa Company
- Johnson Matthey Piezo Products
- Kinetic Ceramics
- Kistler Group
- Kyocera
- L3Harris Technologies
- Mad City Labs
- Mide Technology
- Omega Piezo Technologies
- PCB Piezotronics
- Physik Instrumente
- Piezo Solutions
- Piezo Technologies
- Piezomechanik
- Piezomotor
- Piezosystem Jena
- TE Connectivity
For more information about this report visit https://www.researchandmarkets.com/r/4p725v
