Mexico Piezoelectric Materials Market Size & Outlook
Mexico piezoelectric materials market, 2018-2030 (US$M)
Related Markets
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 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 |
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 Scope
Piezoelectric Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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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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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)
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