UK Piezoelectric Materials Market Size & Outlook
UK piezoelectric materials market, 2018-2030 (US$M)
Related Markets
UK piezoelectric materials market highlights
- The UK piezoelectric materials market generated a revenue of USD 64.1 million in 2022 and is expected to reach USD 84.2 million by 2030.
- The UK market is expected to grow at a CAGR of 3.5% 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 64.1 million |
| Market revenue in 2030 | USD 84.2 million |
| Growth rate | 3.5% (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, UK accounted for 4.6% 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 Europe, Germany piezoelectric materials market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 129.3 million by 2030.
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Piezoelectric Materials Market Scope
Piezoelectric Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 54.76% in 2022. Horizon Databook has segmented the UK piezoelectric materials market based on ceramics, polymers, composites covering the revenue growth of each sub-segment from 2018 to 2030.
The country has invested significantly in the installation of solar panels and the establishment of wind energy farms as its centralized location in Europe makes Germany ideal for offshore and onshore wind energy harvesting.
This generates growth opportunities for global wind energy companies, thereby leading to an increase in demand for piezoelectric materials from them for developing wind turbine blades.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK piezoelectric materials market , including forecasts for subscribers. This country databook contains high-level insights into UK piezoelectric materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK piezoelectric materials market size, by product, 2018-2030 (US$M)
UK Piezoelectric Materials Market Outlook Share, 2022 & 2030 (US$M)
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