The Worldwide Piezoelectric Materials Industry is Projected to Reach $2.5 Billion by 2031 - ResearchAndMarkets.com
Retrieved on:
星期三, 一月 25, 2023
The global piezoelectric materials market was valued at $1.4 billion in 2021, and is projected to reach $2.5 billion by 2031, growing at a CAGR of 6.2% from 2022 to 2031.
Key Points:
- The global piezoelectric materials market was valued at $1.4 billion in 2021, and is projected to reach $2.5 billion by 2031, growing at a CAGR of 6.2% from 2022 to 2031.
- Piezoelectric materials are materials such as quartz, barium titanate, and lithium niobate, and others that produce an electric current upon the application of mechanical stress.
- Piezoelectric materials are used to power a wide range of devices such as knitting and braille machinery, video cameras, and smartphones, and others.
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the piezoelectric materials market analysis from 2021 to 2031 to identify the prevailing piezoelectric materials market opportunities.