Mexico Piezoelectric Materials Market Size & Outlook

The piezoelectric materials market in Mexico is expected to reach a projected revenue of US$ 16.0 million by 2030. A compound annual growth rate of 6.7% is expected of Mexico piezoelectric materials market from 2023 to 2030.
Revenue, 2022 (US$M)
$9.6
Forecast, 2030 (US$M)
$16.0
CAGR, 2023 - 2030
6.6%
Report Coverage
Mexico

Mexico piezoelectric materials market highlights

  • The Mexico piezoelectric materials market generated a revenue of USD 9.6 million in 2022 and is expected to reach USD 16.0 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 6.7% 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.


Piezoelectric materials market data book summary

Market revenue in 2022USD 9.6 million
Market revenue in 2030USD 16.0 million
Growth rate6.7% (CAGR from 2022 to 2030)
Largest segmentCeramics
Fastest growing segmentComposites
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCeramics, Polymers, Composites
Key market players worldwideL3Harris 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, Mexico accounted for 0.7% of the global piezoelectric materials market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. piezoelectric materials market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 16.0 million by 2030.

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Piezoelectric Materials Market Companies

Name Profile # Employees HQ Website

Mexico 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 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.

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  • Our clientele includes a mix of piezoelectric materials market companies, investment firms, advisory firms & academic institutions.
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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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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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Mexico piezoelectric materials market size, by product, 2018-2030 (US$M)

Mexico Piezoelectric Materials Market Outlook Share, 2022 & 2030 (US$M)

Mexico piezoelectric materials market size, by product, 2018-2030 (US$M)

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