Asia-Pacific Piezoelectric Devices Market Size, Share & Trends Analysis Report, By Application (Aerospace, Automotive, Healthcare, Industrial and Manufacturing, Communication, Military and Defense, and Others) By Material (Naturally Occurring Crystal, Synthetic Derived Material, Ceramics, Polymer, and Composite), By Product (Actuators, Longitudinal Actuators, Acoustic Devices, Motors, Transducers, Generators, Resonators, and Sensors) and Forecast, 2019-2025. Asia-Pacific piezoelectric devices market is expected to grow at a CAGR of around 7.8% during the forecast period.
Asia-Pacific piezoelectric devices market is expected to grow at a CAGR of around 7.8% during the forecast period. Asia-Pacific is one of the promising regions for the growth of the piezoelectric devices market.
Increasing telecommunication and automotive industry in the region are primarily contributing to the growth of the market in the region. Additionally, increasing demand for smartphones owing to a huge customer base in the region and a significant rise in the demand for electric vehicles is creating potential demand for piezoelectric devices.
The demand for piezoelectric devices in the region is further augmented by its wide application in medical, semi-conductors, military equipment, consumer electronics and other industries.
Request a Free Sample of our Report on Asia-Pacific Piezoelectric Devices Market: www.omrglobal.com/request…ice-market
China is one of the major telecommunications markets in terms of the user. Apart from these countries, South Korea, Australia, Thailand and Indonesia are some major contributors to the market.
The major companies which are active in the mobile phone market include Apple, Samsung, Xiaomi, Oppo, Vivo, Huawei, Sony and Lenovo.
Power bank companies which are the major contributor in the Asia-Pacific region include Intex, Ambrane, Lenovo, Xiaomi and so on. Major electric vehicle companies present in the Asia-Pacific region are BYD, SAIC, FAW Group, Geely, Nissan, Toyota, Mahindra and among others.
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 February 2017, Kyocera Group launched lead-free piezoelectric elements and high voltage-resistant alumina ceramics. The Pb-free piezoelectric elements provide an operating facility in a wide temperature range and significantly smaller hysteresis to control displacement.
A Full Report of Asia-Pacific Piezoelectric Devices Market is Available at www.omrglobal.com/industr…ice-market
Asia-Pacific Piezoelectric Devices Market Segmentation
- Industrial and Manufacturing
- Military and Defense
- Naturally Occurring Crystal
- Synthetic Derived Material
- Longitudinal Actuators
- Acoustic Devices
- Rest of Asia-Pacific
- Cedrat Technologies SA
- CeramTec GmbH
- CTS Corp.
- Emfit Ltd.
- Harris Corp.
- Kyocera Group
- Physik Instrumente (PI) GmbH & Co. KG
- Piezocryst Advanced Sensorics GmbH
- Sparkler Ceramics Pvt. Ltd.
- Vesper Technologies, Inc.
For More Customized Data, Request for Report Customization @ www.omrglobal.com/report-…ice-market
Category: Market Research Publishers and RetailersCompany about: Orion Market Research (OMR) is a market research company that endeavors to provide an exclusive blend of qualitative and quantitative market research reports to global clients. The company provides syndicate, customized market research report for over 20 business domains to customers across the globe. These reports provide valuable market insights to global clients in understanding the market trends and taking crucial business decisions. The company is serving global Fortune 500 companies, ...