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Global Piezoelectric Smart Material Market to reach USD XX billion by the end of 2029

Global Piezoelectric Smart Material Market Size study & Forecast, by Type (Ceramics, Polymers, and Composites), Application (Motors, Transducers, Sensors, and Building Materials), End-user Industry (Agriculture and Food, Construction and Infrastructure, Healthcare, Automotive, Aerospace and Defense, Leisure and Sports, and Other End-user Industries) and Regional Analysis, 2022-2029

Product Code: CMAM-36268919
Publish Date: 5-01-2023
Page: 200

Global Piezoelectric Smart Material Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Piezoelectric Smart Material is used in the manufacturing of electronic sensors owing to its ability to transduce mechanical pressure into electrical signals. These materials have major advantages across sensors, transducers, actuators, motors, and SONARs, etc. The Piezoelectric Smart Material market is expanding because of factors such as rising demand from the aerospace sector and rising demand and spending by the defense sector.

The piezoelectric smart material has major applications across aerospace sector. According to Statista in 2021, United States has contributed around USD 89.1 billion towards aerospace exports. Also, the global military spending increased and reached around USD 2.1 trillion in 2021. Thus, with the growing aerospace sector, the market is expected to grow impressively in the forecast period. In addition, growing demand for construction and rising R&D activities are creating lucrative opportunities for the market growth. However, the higher cost of smart material hampers the market growth in the forecast period.

The key regions considered for the Global Piezoelectric Smart Material Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominates the regional market with highest revenue share, owing to the rising demand by end-user industries such as construction and healthcare, etc. Rising advancement and growing innovation by market players across the region. Also North America is expected to grow significantly during the forecast period, owing to factors such as rising spending and demands across the aerospace and military sector.

Major market player included in this report are:
APC International, Ltd.
Arkema Group
CeramTec GmbH
CTS Corporation
KYOCERA Corporation
Noliac A/S
QorTek Inc
Solvay S.A
TDK Corporation

Recent Developments in the Market:
 In April 2021, The SUPERSMART European project, led by Arkema and funded by the EIT (European Institute of Innovation and Technology), has won the 2021 Organic Electronics Association competition Award for the Best Publicly Funded Project Demonstrator. This initiative brings the emerging technology of paper-printed organic electronics from the lab to the manufacturing floor.
Global Piezoelectric Smart Material Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, End-user Industry, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Ceramics,
Polymers,
Composites

By Application:
Motors,
Transducers,
Sensors,
Building Materials

By End-user:
Agriculture and Food,
Construction and Infrastructure,
Healthcare,
Automotive,
Aerospace and Defense,
Leisure and Sports,
Other End-user Industries

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Piezoelectric Smart Material Market, by Region, 2019-2029 (USD Billion)
1.2.2. Piezoelectric Smart Material Market, by Type, 2019-2029 (USD Billion)
1.2.3. Piezoelectric Smart Material Market, by Application, 2019-2029 (USD Billion)
1.2.4. Piezoelectric Smart Material Market, by End-user Industry, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Piezoelectric Smart Material Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Piezoelectric Smart Material Market Dynamics
3.1. Piezoelectric Smart Material Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Rising demand from the aerospace sector
3.1.1.2. Growing demand for military sector
3.1.2. Market Challenges
3.1.2.1. Higher cost for smart materials
3.1.3. Market Opportunities
3.1.3.1. Rising demand for construction
3.1.3.2. Growing R&D activities by market players
Chapter 4. Global Piezoelectric Smart Material Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Piezoelectric Smart Material Market, by Type
6.1. Market Snapshot
6.2. Global Piezoelectric Smart Material Market by Type, Performance – Potential Analysis
6.3. Global Piezoelectric Smart Material Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Piezoelectric Smart Material Market, Sub Segment Analysis
6.4.1. Ceramics,
6.4.2. Polymers,
6.4.3. Composites
Chapter 7. Global Piezoelectric Smart Material Market, by Application
7.1. Market Snapshot
7.2. Global Piezoelectric Smart Material Market by Application, Performance – Potential Analysis
7.3. Global Piezoelectric Smart Material Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Piezoelectric Smart Material Market, Sub Segment Analysis
7.4.1. Motors,
7.4.2. Transducers,
7.4.3. Sensors,
7.4.4. Building Materials
Chapter 8. Global Piezoelectric Smart Material Market, by End-User Industry
8.1. Market Snapshot
8.2. Global Piezoelectric Smart Material Market by End-User Industry Performance – Potential Analysis
8.3. Global Piezoelectric Smart Material Market Estimates & Forecasts by End-User Industry 2019-2029 (USD Billion)
8.4. Piezoelectric Smart Material Market, Sub Segment Analysis
8.4.1. Agriculture and Food,
8.4.2. Construction and Infrastructure,
8.4.3. Healthcare,
8.4.4. Automotive,
8.4.5. Aerospace and Defence,
8.4.6. Leisure and Sports,
8.4.7. Other End-user Industries
Chapter 9. Global Piezoelectric Smart Material Market, Regional Analysis
9.1. Piezoelectric Smart Material Market, Regional Market Snapshot
9.2. North America Piezoelectric Smart Material Market
9.2.1. U.S. Piezoelectric Smart Material Market
9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
9.2.1.3. End User breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Piezoelectric Smart Material Market
9.3. Europe Piezoelectric Smart Material Market Snapshot
9.3.1. U.K. Piezoelectric Smart Material Market
9.3.2. Germany Piezoelectric Smart Material Market
9.3.3. France Piezoelectric Smart Material Market
9.3.4. Spain Piezoelectric Smart Material Market
9.3.5. Italy Piezoelectric Smart Material Market
9.3.6. Rest of Europe Piezoelectric Smart Material Market
9.4. Asia-Pacific Piezoelectric Smart Material Market Snapshot
9.4.1. China Piezoelectric Smart Material Market
9.4.2. India Piezoelectric Smart Material Market
9.4.3. Japan Piezoelectric Smart Material Market
9.4.4. Australia Piezoelectric Smart Material Market
9.4.5. South Korea Piezoelectric Smart Material Market
9.4.6. Rest of Asia Pacific Piezoelectric Smart Material Market
9.5. Latin America Piezoelectric Smart Material Market Snapshot
9.5.1. Brazil Piezoelectric Smart Material Market
9.5.2. Mexico Piezoelectric Smart Material Market
9.6. Rest of The World Piezoelectric Smart Material Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. APC International, Ltd.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Arkema Group
10.2.3. CeramTec GmbH
10.2.4. CTS Corporation
10.2.5. KYOCERA Corporation
10.2.6. Noliac A/S
10.2.7. QorTek Inc
10.2.8. Solvay S.A
10.2.9. TDK Corporation
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

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