North America Piezoelectric Materials Market Size & Outlook
North America piezoelectric materials market, 2018-2030 (US$M)
Related Markets
North America piezoelectric materials market highlights
- The North America piezoelectric materials market generated a revenue of USD 307.0 million in 2022.
- The market is expected to grow at a CAGR of 4.2% 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, Mexico is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 307.0 million |
| Market revenue in 2030 | USD 427.3 million |
| Growth rate | 4.2% (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, North America region accounted for 22.1% 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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North America 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 50.94% in 2022. Horizon Databook has segmented the North America piezoelectric materials market based on ceramics, polymers, composites covering the revenue growth of each sub-segment from 2018 to 2030.
Rising demand for minimally invasive surgeries, increasing availability of advanced implants, and surging access to sophisticated healthcare infrastructures in the U.S. are expected to favor the growth of piezoelectric materials market in the country over the forecast period.
The economy of North America is extremely favorable for aircraft manufacturing owing to the increased number of aging aircraft in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America piezoelectric materials market , including forecasts for subscribers. This continent databook contains high-level insights into North America piezoelectric materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America piezoelectric materials market size, by country, 2018-2030 (US$M)
North America Piezoelectric Materials Market Outlook Share, 2022 & 2030 (US$M)
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