Los Angeles, CA -- (SBWIRE) -- 07/11/2019 -- Composites Piezoelectric Material (or Piezoelectric composites) are a class of functional materials consisting of piezoelectric active materials and non-piezoelectric passive polymers, mechanically attached together to form different connectivities. These composites have several advantages compared to conventional piezoelectric ceramics and polymers, including improved electromechanical properties, mechanical flexibility and the ability to tailor properties by using several different connectivity patterns. These advantages have led to the improvement of overall transducer performance, such as transducer sensitivity and bandwidth, resulting in rapid implementation of piezoelectric composites in medical imaging ultrasounds and other acoustic transducers. Recently, new piezoelectric composite transducers have been developed with optimized composite components that have improved thermal stability and mechanical quality factors, making them promising candidates for high temperature, high power transducer applications, such as therapeutic ultrasound, high power ultrasonic wirebonding, high temperature non-destructive testing, and downhole energy harvesting.
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The global market of Composites Piezoelectric Material Industry is relatively scattered due to the wide application and consumption scale. In 2018, the top 6 companies in the market are 44.20% market share?they are as follows: Arkema, UJRC, Solvay, Piezo Kinetics,
MSI Tranducers Corp. and CeramTec.
The global Composites Piezoelectric Material market was 185.7 million US$ in 2018 and is expected to 331.6 million US$ by the end of 2025, growing at a CAGR of 8.6% between 2019 and 2025.
This report studies the Composites Piezoelectric Material market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Composites Piezoelectric Material in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Arkema
UJRC
Solvay
Piezo Kinetics
MSI Tranducers Corp.
CeramTec
Morgan Advanced Materials
Johnson Matthey
Piezo Technologies
Meggitt Sensing
Smart Material Corporation
APC International
Innovia (Shanghai) Materials
Weifang Jude Electronic Co.,Ltd
By the product type, the market is primarily split into
1-3 Type
2-2 Type
By the end users/application, this report covers the following segments
Healthcare
Aerospace & Defense
Industrial
Others
The study objectives of this report are:
To study and analyze the global Composites Piezoelectric Material market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Composites Piezoelectric Material market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Composites Piezoelectric Material manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Composites Piezoelectric Material with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Composites Piezoelectric Material submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Composites Piezoelectric Material are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Composites Piezoelectric Material market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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