Market revenue in 2022 | USD 313.7 million |
Market revenue in 2030 | USD 480.1 million |
Growth rate | 5.5% (CAGR from 2022 to 2030) |
Largest segment | Ceramics |
Fastest growing segment | Composites |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 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 |
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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 60.95% in 2022. Horizon Databook has segmented the China piezoelectric materials market based on ceramics, polymers, composites covering the revenue growth of each sub-segment from 2018 to 2030.
China accounted for the major revenue share of piezoelectric materials market in Asia Pacific.
Regulatory support to accelerate power generation from solar and wind energy sources in China is expected to increase the demand for piezoelectric materials used in energy storage systems in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the China piezoelectric materials market , including forecasts for subscribers. This country databook contains high-level insights into China piezoelectric materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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