Global Piezoelectric Smart Materials Market 2017-2021

This industry research report identifies AAC Technologies, Arkema, CEDRAT TECHNOLOGIES, Kyocera, and Solvay as the key vendors in the global piezoelectric smart materials market. A comprehensive analysis of this market is also presented by type (ceramics, polymers, and composites), by end-user (transportation, healthcare, leisure and sports, construction and infrastructure, agriculture and food, and others), by application (motors, transducers, sensors, and building materials), and by geography (the Americas, APAC, and EMEA).

Overview of the global piezoelectric smart materials market

Technavio's piezoelectric smart materials market research report identifies that the rising demand from the military and aerospace sectors will be one of the major factors that will have a positive impact on the piezoelectric smart materials market growth.  Technavio's market research analysts predict that this market will grow at a CAGR of more than 13% by 2021. Materials with improved functional properties, such as shape memory, electrochromic, and piezoelectricity, are witnessing high demand from the aerospace sector. These materials are utilized to control the airflow across the wings of aircraft, maintain take-off, flying, and landing in an efficient way with lesser noise. Piezoelectric smart materials are also used to solve problems within the aircraft such as engine vibration, high cabin noise levels, ice formation on wings, flow separation due to turbulence, and control surfaces in cold climatic conditions. In the military sector, piezoelectric materials are used in smart sensors, smart nanorobotics, and smart combat.

In terms of geographic regions, the Americas will be the major revenue contributor to the piezoelectric smart materials market throughout the forecast period. The rising demand for MEMS in the automobile industry for the utilization in the airbags and anti-lock braking systems will be a major factor driving the demand for piezoelectric smart materials in the region.

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Competitive landscape and key vendors  

The piezoelectric smart materials market consists of a few major players. The major competition in the market comes from the companies based in North America. This is mainly due to the rising technological advancements in products and their competitive prices in that region. The companies are heavily investing in R&D activities to survive in the market and gain popularity over time.

The leading vendors in the market are -

• AAC Technologies
• Arkema
• CEDRAT TECHNOLOGIES
• Kyocera
• Solvay

The other prominent vendors in the market are APC International, Channel Technologies Group, Piezo Kinetics, Mide Technology, and Qortek.

Segmentation by type and analysis of the piezoelectric smart materials market

• Ceramics
• Polymers
• Composites

During 2016, the ceramics segment accounted for the major shares of the piezoelectric smart materials market. Ceramics are chemically hard and are resistant to humidity and other atmospheric influences. Such advantages will contribute to the growth of this market segment in the coming years.

Segmentation by end-user and analysis of the piezoelectric smart materials market

• Transportation
• Healthcare
• Leisure and sports
• Construction and infrastructure
• Agriculture and food

According to this market research report, the transportation segment will account for the maximum shares of the piezoelectric smart materials market until 2021. This mainly attributed to the growth of the military and aerospace sectors, which require piezoelectric smart materials for the mechanical parts of aircraft and for adopting MEMS technology for automotive applications.

Key questions answered in the report include

• What will the piezoelectric smart materials market size, market forecast and the growth rate be in 2021?
• What are the key factors driving the global piezoelectric smart materials market?
• What are the key market trends impacting the growth of the global piezoelectric smart materials market?
• What are the challenges to market growth?
• Who are the key vendors in the global piezoelectric smart materials market?
• What are the market opportunities and threats faced by the vendors in the global piezoelectric smart materials market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global piezoelectric smart materials market?

Technavio also offers customization on reports based on specific client requirement.

Piezoelectric smart materials are special building materials that find application in sensors that measure the fluid density, impact force, and fluid composition. These materials change their properties when put under external environmental stimuli such as temperature, moisture, stress, pH, or magnetic field. Thus they can also be used in sensors, transducers, actuators, and other devices. The upcoming research on global piezoelectric smart materials market also highlights the recent trends and developments in the specialty chemicals sector.

Research analysts at Technavio gather immense data and information using primary and secondary research, and process those using sophisticated statistical models to present an accurate analysis of the market landscape. Research analysts at Technavio also carry out literature reviews, case studies, empirical study, and secondary analysis to provide accurate growth forecast data.

AAC Technologies, Advanced Cerametrics, Arkema, KYOCERA, Solvay, TDK Corporation, CTS Corporation, Wright Medical Group, CeramTec, NOLIAC A/S, APC International, Channel Technologies, LORD Corporation, and Advanced Cerametrics are some of the vendors covered in this market research report. The industry report also analyzes the information gathered from geographic regions such as APAC, Americas, Europe, and ROW to provide extensive geographic segmentation data and insights.

The upcoming research report on the global piezoelectric smart materials market also focuses on the key drivers, emerging trends, competitive landscape, key vendors and suppliers, and challenges faced by the industry. The report also covers related sectors from chemicals and materials market such as metals and minerals, plastics, polymers, and elastomers, and glass and ceramics.

Our market research methodology for the global piezoelectric smart materials market

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