Middle East & Africa Piezoelectric Materials Market Size & Outlook, 2030

Revenue, 2022 (US$M)

$40.6

Forecast, 2030 (US$M)

$58.4

CAGR, 2023 - 2030

4.6%

Report Coverage

Middle East & Africa

Middle East & Africa piezoelectric materials market, 2018-2030 (US$M)

Related Markets

Global Piezoelectric Materials Industry Outlook

North America Piezoelectric Materials Market Outlook

U.S. Piezoelectric Materials Market Outlook

Canada Piezoelectric Materials Market Outlook

Mexico Piezoelectric Materials Market Outlook

Europe Piezoelectric Materials Market Outlook

Germany Piezoelectric Materials Market Outlook

UK Piezoelectric Materials Market Outlook

Asia Pacific Piezoelectric Materials Market Outlook

Japan Piezoelectric Materials Market Outlook

China Piezoelectric Materials Market Outlook

Latin America Piezoelectric Materials Market Outlook

Brazil Piezoelectric Materials Market Outlook

MEA piezoelectric materials market highlights

The MEA piezoelectric materials market generated a revenue of USD 40.6 million in 2022.
The market is expected to grow at a CAGR of 4.7% 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.

MEA data book summary

Market revenue in 2022	USD 40.6 million
Market revenue in 2030	USD 58.4 million
Growth rate	4.7% (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, MEA region accounted for 2.9% 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.

Key Regions: U.S. , UK , Japan , Brazil , Canada

No credit card required*

Horizon in a snapshot

30K+ Global Market Reports
120K+ Country Reports
1.2M+ Market Statistics
200K+ Company Profiles
Industry insights and more

Piezoelectric Materials Market Scope

Piezoelectric materials market segmentation & scope

Product

Others

Sensors

Motors

Acoustic devices

Generators

SONAR

Transducers

Others

End Use

Automotive

Healthcare

Information & Telecom

Consumer Goods

Aerospace & Defense

Others

Regions

Europe

Countries

U.S.

Canada

Mexico

Germany

China

Japan

Brazil

Piezoelectric Materials Market Companies

Name	Profile	# Employees	HQ	Website

Middle East & Africa 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 66.75% in 2022. Horizon Databook has segmented the Middle East & Africa piezoelectric materials market based on ceramics, polymers, composites covering the revenue growth of each sub-segment from 2018 to 2030.

Automobile production in the Middle East & Africa is surging owing to increasing demand for passenger cars primarily in emerging economies such as the UAE, Saudi Arabia, South Africa, and Egypt.

However, the slow growth faced by the automotive industry in African countries on account of the economic slowdown in countries such as Nigeria might hamper the growth rate of piezoelectric materials over the next few years.

Reasons to subscribe to Middle East & Africa piezoelectric materials market databook:

Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Middle East & Africa piezoelectric materials market databook

Our clientele includes a mix of piezoelectric materials market companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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 Middle East & Africa piezoelectric materials market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa piezoelectric materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.