Asia Pacific Piezoelectric Materials Market Size & Outlook
Asia Pacific piezoelectric materials market, 2018-2030 (US$M)
Related Markets
Asia Pacific piezoelectric materials market highlights
- The Asia Pacific piezoelectric materials market generated a revenue of USD 606.2 million in 2022.
- The market is expected to grow at a CAGR of 5.2% from 2023 to 2030.
- In terms of segment, ceramics was the largest revenue generating product in 2022.
- Composites is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 606.2 million |
| Market revenue in 2030 | USD 909.3 million |
| Growth rate | 5.2% (CAGR from 2022 to 2030) |
| Largest segment | Ceramics |
| Fastest growing segment | Composites |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramics, Polymers, Composites |
| Key market players worldwide | L3Harris Technologies Inc, CTS Corp, Albemarle Corp, PI Ceramic, APC International, Piezosystem Jena, Sparkler Ceramics, Noliac Systems SRO, Mad City Labs |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 43.6% of the global piezoelectric materials market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 909.3 million by 2030.
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Piezoelectric Materials Market Scope
Piezoelectric Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific piezoelectric materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to piezoelectric materials market will help companies and investors design strategic landscapes.
Ceramics was the largest segment with a revenue share of 58.61% in 2022. Horizon Databook has segmented the Asia Pacific piezoelectric materials market based on ceramics, polymers, composites covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific dominated the global piezoelectric materials market in 2022 and is expected to grow at a significant rate over the forecast period.
The robust presence of the electronics industry in Taiwan, China, South Korea, India, and Japan is likely to be a favorable factor.
In addition, improving sales of consumer electronics products in South Asia and ASEAN countries including smartphones and tablets in light of new product launches by Apple, Samsung, LG, and Huawei is expected to open new markets for conductive polymers.
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Target buyers of Asia Pacific piezoelectric materials market databook
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Our clientele includes a mix of piezoelectric materials market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific piezoelectric materials market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific piezoelectric materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific piezoelectric materials market size, by country, 2018-2030 (US$M)
Asia Pacific Piezoelectric Materials Market Outlook Share, 2022 & 2030 (US$M)
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