Europe Piezoelectric Materials Market Size & Outlook
Europe piezoelectric materials market, 2018-2030 (US$M)
Related Markets
Europe piezoelectric materials market highlights
- The Europe piezoelectric materials market generated a revenue of USD 341.9 million in 2022.
- The market is expected to grow at a CAGR of 3.7% 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, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 341.9 million |
| Market revenue in 2030 | USD 458.7 million |
| Growth rate | 3.7% (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, Europe region accounted for 24.6% 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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Europe 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 56.16% in 2022. Horizon Databook has segmented the Europe piezoelectric materials market based on ceramics, polymers, composites covering the revenue growth of each sub-segment from 2018 to 2030.
The well-established automotive, aerospace & defense, construction, and electronics industries in Europe are expected to boost the demand for piezoelectric materials in the region as these end-use industries are key consumers of these materials.
Moreover, the emergence of new aircraft manufacturers such as Commercial Aircraft Corporation of China, Ltd. in Europe is expected to boost the production of aircraft in the region.
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Our clientele includes a mix of piezoelectric materials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe piezoelectric materials market , including forecasts for subscribers. This continent databook contains high-level insights into Europe piezoelectric materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe piezoelectric materials market size, by country, 2018-2030 (US$M)
Europe Piezoelectric Materials Market Outlook Share, 2022 & 2030 (US$M)
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