Market revenue in 2022 | USD 9.6 million |
Market revenue in 2030 | USD 16.0 million |
Growth rate | 6.7% (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 55.21% in 2022. Horizon Databook has segmented the Mexico piezoelectric materials market based on ceramics, polymers, composites covering the revenue growth of each sub-segment from 2018 to 2030.
According to American Industries Group, Mexico was the primary motor vehicle exporter to the U.S. and is the fifth-largest producer of auto parts in the world in 2021.
According to the International Trade Administration, the automotive industry accounted for a share of 3.5% of the GDP of Mexico in 2022 as the country is one of the major markets for light vehicles, passenger vehicles, buses, trucks, and auto parts.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico piezoelectric materials market , including forecasts for subscribers. This country databook contains high-level insights into Mexico piezoelectric materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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