The Piezoelectric Devices Market size was valued at USD 33.1 billion in 2022 and is expected to grow to USD 57.29 billion by 2030 and grow at a CAGR Of 7.1% over the forecast period of 2023-2030.
One of the systems that employs the piezoelectric effect to calculate variations in pressure, acceleration, temperature, strain, or force by converting them to an electric charge is a piezoelectric device. For process control, quality management, and research & development, these devices are made from piezoelectric materials and used in a variety of sectors, including medical, nuclear, and aeronautical engineering. When constructing internal combustion engines for the automotive industry, piezoelectrical devices, which are used to control combustion, start with piezoceramics as their primary component.
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The market for piezoelectric devices is divided into segments based on region, industrial vertical, material, and product. The piezoelectric device market is segmented based on material into piezoelectric ceramics, crystals, polymers, and composites. The market is segmented by product into piezoelectric actuators, transducers, sensors, generators, and among others, motors. The market is split into manufacturing, healthcare, consumer electronics, communication & technology, automotive, and others on the basis of industry vertical.
KEY DRIVERS:
Rising demand for conductive Polymer
The aircraft industry has a high acceptance rate for piezoelectric equipment
Commercial aeroplanes, spacecraft, and satellites are frequently manufactured, sold, and maintained by major aerospace industry players. The sector needs more sophisticated and enhanced solutions to boost efficiency, durability, and performance of aircraft, including helicopters, planes, and submarines. In the active vibration dampening approach, piezoelectric actuators are utilised to inspect various mechanical systems and components of modern aeroplanes to prevent unwelcome vibrations, reduce noise levels, reduce energy loss and fuel consumption in aircraft.
RESTRAIN:
The high cost of piezoelectric materials
One can create single crystals and textured ceramics with single crystal-like characteristics using the templated grain growth (TGG) method. In TGG, a rise in the fraction of orientated material occurs with heating as a result of the nucleation and growth of the desired crystal on aligned single-crystal template particles. The shape of the template particles must be anisometric in order to ease alignment during formation. The template particles must be single crystal and chemically stable up to the growth temperature in order to act as the preferred locations for epitaxy and subsequent orientated growth of the matrix.
OPPORTUNITY:
Innovations to develop new products
Growing use of polymers and piezoelectric technology in biomedical and surgical applications
Due to their flexibility and light weight, piezoelectric polymers are advantageous for many biomedical applications. The most researched materials are polyvinylidene fluoride (PVDF) and its copolymers because of its high piezoelectricity, notable chemical resistance, thermal stability, good processability, and mechanical qualities. The most popular piezopolymer for tissue engineering applications is PVDF; a piezoelectric scaffold constructed of PVDF can supply the stimulation required for rebuilding broken bone or cartilage and stimulating neuron development and wound healing.
CHALLENGES:
Creating substitute PZT ceramic materials with similar characteristics is a challenge
The main piezoelectric ceramic utilised in the creation of piezoelectric items is PZT. PZT's status as the top piezoelectric ceramic is in danger due to toxicity, which has triggered an urgent global search for environmentally safe alternatives. Finding substitute materials for PZT, which is a major functional component of a wide range of products, is a key problem with the identification of lead toxicity. Lead-free ceramic piezoelectric material potassium sodium bismuth titanate (KNBT) is being researched by engineers at the University of Leeds as a potential replacement for Pb-containing materials like lead zirconium titanate (PZT). KNBT demonstrates several of the essential chemical and electrical characteristics of a suitable substitute.
The manufacture and distribution of piezoelectric devices may be impacted if the war interrupts supply systems in the area. Due to the reputation of Ukraine's electronics manufacturing sector, any interruption in the area could cause shortages or delays in the delivery of raw materials or finished goods. The export and import of piezoelectric devices may be affected by trade restrictions or economic sanctions placed on Russia or the Ukraine. The ability of businesses to access vital markets or form alliances with producers or suppliers in the impacted regions may become more difficult as a result, which could have an impact on the market's potential for growth. Political instability and geopolitical conflicts can breed uncertainty, which can have an impact on corporate confidence and investment decisions.
IMPACT OF ONGOING RECESSION
Demand declines as a result of decreased consumer confidence during a recession, which also affects consumers' spending power and total demand for products and services. Due to its widespread use in consumer electronics, automotive applications, and industrial fields, this could lead to a decrease in the need for piezoelectric devices. The demand for piezoelectric devices used in research, development, and manufacturing processes may be impacted by companies delaying or reducing their investment plans during a recession. Projects and developments that strongly depend on these tools might be postponed till the economy gets better.
The Indian IT sector is renowned for its capacity to adapt and recover from setbacks. In order to stay competitive, several businesses have modified their business strategy and concentrated on low-cost solutions. The enormous pool of highly qualified and English-speaking workers in India contributes to the resilience of the Indian IT sector and makes the country a desirable site for outsourcing IT services. Additionally, the Indian government has taken steps to help the IT sector, including the creation of software technology parks. The sustainability of the sector is also influenced by how affordable doing business in India is. Additionally, Indian IT firms have broadened their service offerings and entered other industries, which lessens the impact of economic downturns in certain sectors.
By Product
Piezoelectric Sensors
Piezoelectric Actuators
Stack Actuators
Strip Actuators
Shear Actuators
Tube Actuators
Piezoelectric Motors
Piezoelectric Generators
Piezoelectric Transducers
Others
By Material
Piezoelectric Crystals
Piezoelectric Ceramics
Piezoelectric Polymers
Piezoelectric Composites
By Element
Piezoelectric Discs
Piezoelectric Rings
Piezoelectric Plates
By Application
Aerospace and Defense
Industrial and Manufacturing
Automotive
Healthcare
Imaging Devices
Diagnostic Equipment
Surgical Tools
Information and Communication
Consumer Electronics
Others
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China, Japan, and other nations in the Asia-Pacific area have all experienced tremendous economic expansion in recent years, and South Korea both make significant investments in the study and creation of cutting-edge technologies. This has caused a huge number of piezoelectric device manufacturers to arise in the area, who are providing affordable and providing clients with high-quality products. The need for piezoelectric devices, particularly in consumer electronics, is being driven by the region's vast population as well as consumers' rising disposable income.
The market expansion is anticipated to be boosted by the profitable industrial & manufacturing, automotive, and healthcare facilities present in Europe. Additionally, Europe is home to major manufacturers like Jena GmbH piezo system (Jena), Ceram Tec GmbH (Plochingen, Germany), and Physik Instrumente (Pl) GmbH & Co. in the piezoelectric devices market. These businesses are regarded as trend-setters in this market since they create cutting-edge piezoelectric-based goods and apparatus that are utilised in numerous application fields.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
CeramTec GmbH (Germany), CTS Corporation (US); Kistler Group (Switzerland); Physik Instrumente (PI) GmbH & Co. KG. (Germany); piezosystem jena GmbH (Germany); Piezo Technologies (US). Aerotech Inc. (US); APC International, Ltd., (US); Mad City Labs, Inc. (US), CTS Corporation and other players are listed in a final report.
CTS Corporation (US)-Company Financial Analysis
CeramTec will launch AIN HP, a new high-performance substrate, in May 2022. Aluminium nitride, also known as AIN, is a material with outstanding thermal conductivity that is perfect for use in power converters for building rail vehicles or other applications involving alternative energy sources. The term "HP" stands for "high performance," and it describes the material's exceptional flexural strength of 450 MPa.
For an enterprise value of USD 24.5 million, CTS Corporation purchased TEWA Temperature Sensors SP. and its subsidiaries in March 2022. A recognised developer and producer of top-notch temperature sensors is TEWA Temperature Sensors SP. The business's expansion has been spurred by its reputation for very stable and dependable ceramic technology. The company's portfolio enhances CTS' platform for temperature sensing and will allow CTS to increase its position in Europe.
| Report Attributes | Details |
| Market Size in 2022 | US$ 33.1 Bn |
| Market Size by 2030 | US$ 57.29 Bn |
| CAGR | CAGR of 7.1% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Piezoelectric Sensors, Piezoelectric Actuators, Piezoelectric Motors, Piezoelectric Generators, Piezoelectric Transducers, Others) • By Material (Piezoelectric Crystals, Piezoelectric Ceramics, Piezoelectric Polymers, Piezoelectric Composites) • By Element (Piezoelectric Discs, Piezoelectric Rings, Piezoelectric Plates) • By Application (Aerospace and Defence, Industrial and Manufacturing, Automotive, Healthcare, Information and Communication, Consumer Electronics, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | CeramTec GmbH (Germany), CTS Corporation (US); Kistler Group (Switzerland); Physik Instrumente (PI) GmbH & Co. KG. (Germany); piezosystem jena GmbH (Germany); Piezo Technologies (US). Aerotech Inc. (US); APC International, Ltd., (US); Mad City Labs, Inc. (US) CTS Corporation |
| Key Drivers | • Rising demand for conductive Polymer. • The aircraft industry has a high acceptance rate for piezoelectric equipment. |
| Market Restraints | • The high cost of piezoelectric materials |
Ans: Piezoelectric devices market is anticipated to expand by 7.1 % from 2023 to 2030.
Ans: USD 57.29 billion is expected to grow by 2030.
Ans: Piezoelectric devices market size was valued at USD 33.1 billion in 2022
Ans: Rising demand for conductive Polymer and the aircraft industry has a high acceptance rate for piezoelectric equipment.
Ans: Innovations to develop new products and
Growing use of polymers and piezoelectric technology in biomedical and surgical applications.
TABLE OF CONTENT
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Piezoelectric Devices Market Segmentation, By Product
8.1 Piezoelectric Sensors
8.2 Piezoelectric Actuators
8.2.1 Stack Actuators
8.2.2 Strip Actuators
8.2.3 Shear Actuators
8.2.4 Tube Actuators
8.3 Piezoelectric Motors
8.4 Piezoelectric Generators
8.5 Piezoelectric Transducers
8.6 Others
9. Piezoelectric Devices Market Segmentation, By Material
9.1 Piezoelectric Crystals
9.2 Piezoelectric Ceramics
9.3 Piezoelectric Polymers
9.4 Piezoelectric Composites
10. Piezoelectric Devices Market Segmentation, By Element
10.1 Piezoelectric Discs
10.2 Piezoelectric Rings
10.3 Piezoelectric Plates
11. Piezoelectric Devices Market Segmentation, By Application
11.1 Aerospace and Defence
11.2 Industrial and Manufacturing
11.3 Automotive
11.4 Healthcare
11.4.1 Imaging Devices
11.4.2 Diagnostic Equipment
11.4.3 Surgical Tools
11.5 Information and Communication
11.6 Consumer Electronics
11.7 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Piezoelectric Device Market by Country
12.2.2 North America Piezoelectric Device Market by Product
12.2.3 North America Piezoelectric Device Market by Material
12.2.4 North America Piezoelectric Device Market by Element
12.2.5 North America Piezoelectric Device Market by Application
12.2.6 USA
12.2.6.1 USA Piezoelectric Device Market by Product
12.2.6.2 USA Piezoelectric Device Market by Material
12.2.6.3 USA Piezoelectric Device Market by Element
12.2.6.4 USA Piezoelectric Device Market by Application
12.2.7 Canada
12.2.7.1 Canada Piezoelectric Device Market by Product
12.2.7.2 Canada Piezoelectric Device Market by Material
12.2.7.3 Canada Piezoelectric Device Market by Element
12.2.7.4 Canada Piezoelectric Device Market by Application
12.2.8 Mexico
12.2.8.1 Mexico Piezoelectric Device Market by Raw Technology
12.2.8.2 Mexico Piezoelectric Device Market by Material
12.2.8.3 Mexico Piezoelectric Device Market by Element
12.2.8.4 Mexico Piezoelectric Device Market by Application
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Piezoelectric Device Market by Country
12.3.1.2 Eastern Europe Piezoelectric Device Market by Product
12.3.1.3 Eastern Europe Piezoelectric Device Market by Material
12.3.1.4 Eastern Europe Piezoelectric Device Market by Element
12.3.1.5 Eastern Europe Piezoelectric Device Market by Application
12.3.1.6 Poland
12.3.1.6.1 Poland Piezoelectric Device Market by Product
12.3.1.6.2 Poland Piezoelectric Device Market by Material
12.3.1.6.3 Poland Piezoelectric Device Market by Element
12.3.1.6.4 Poland Piezoelectric Device Market by Application
12.3.1.7 Romania
12.3.1.7.1 Romania Piezoelectric Device Market by Product
12.3.1.7.2 Romania Piezoelectric Device Market by Material
12.3.1.7.3 Romania Piezoelectric Device Market by Element
12.3.1.7.4 Romania Piezoelectric Device Market by Application
12.3.1.8 Hungary
12.3.1.8.1 Hungary Piezoelectric Device Market by Product
12.3.1.8.2 Hungary Piezoelectric Device Market by Material
12.3.1.8.3 Hungary Piezoelectric Device Market by Element
12.3.1.8.4 Hungary Piezoelectric Device Market by Application
12.3.1.9 Turkey
12.3.1.9.1 Turkey Piezoelectric Device Market by Product
12.3.1.9.2 Turkey Piezoelectric Device Market by Material
12.3.1.9.3 Turkey Piezoelectric Device Market by Element
12.3.1.9.4 Turkey Piezoelectric Device Market by Application
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Piezoelectric Device Market by Product
12.3.1.10.2 Rest of Eastern Europe Piezoelectric Device Market by Material
12.3.1.10.3 Rest of Eastern Europe Piezoelectric Device Market by Element
12.3.1.10.4 Rest of Eastern Europe Piezoelectric Device Market by Application
12.3.2 Western Europe
12.3.2.1 Western Europe Piezoelectric Device Market by Country
12.3.2.2 Western Europe Piezoelectric Device Market by Product
12.3.2.3 Western Europe Piezoelectric Device Market by Material
12.3.2.4 Western Europe Piezoelectric Device Market by Element
12.3.2.5 Western Europe Piezoelectric Device Market by Application
12.3.2.6 Germany
12.3.2.6.1 Germany Piezoelectric Device Market by Product
12.3.2.6.2 Germany Piezoelectric Device Market by Material
12.3.2.6.3 Germany Piezoelectric Device Market by Element
12.3.2.6.4 Germany Piezoelectric Device Market by Application
12.3.2.7 France
12.3.2.7.1 France Piezoelectric Device Market by Product
12.3.2.7.2 France Piezoelectric Device Market by Material
12.3.2.7.3 France Piezoelectric Device Market by Element
12.3.2.7.4 France Piezoelectric Device Market by Application
12.3.2.8 UK
12.3.2.8.1 UK Piezoelectric Device Market by Product
12.3.2.8.2 UK Piezoelectric Device Market by Material
12.3.2.8.3 UK Piezoelectric Device Market by Element
12.3.2.8.4 UK Piezoelectric Device Market by Application
12.3.2.9 Italy
12.3.2.9.1 Italy Piezoelectric Device Market by Product
12.3.2.9.2 Italy Piezoelectric Device Market by Material
12.3.2.9.3 Italy Piezoelectric Device Market by Element
12.3.2.9.4 Italy Piezoelectric Device Market by Application
12.3.2.10 Spain
12.3.2.10.1 Spain Piezoelectric Device Market by Product
12.3.2.10.2 Spain Piezoelectric Device Market by Material
12.3.2.10.3 Spain Piezoelectric Device Market by Element
12.3.2.10.4 Spain Piezoelectric Device Market by Application
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Piezoelectric Device Market by Product
12.3.2.11.2 Netherlands Piezoelectric Device Market by Material
12.3.2.11.3 Netherlands Piezoelectric Device Market by Element
12.3.2.11.4 Netherlands Piezoelectric Device Market by Application
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Piezoelectric Device Market by Product
12.3.2.12.2 Switzerland Piezoelectric Device Market by Material
12.3.2.12.3 Switzerland Piezoelectric Device Market by Element
12.3.2.12.4 Switzerland Piezoelectric Device Market by Application
12.3.2.13 Austria
12.3.2.13.1 Austria Piezoelectric Device Market by Product
12.3.2.13.2 Austria Piezoelectric Device Market by Material
12.3.2.13.3 Austria Piezoelectric Device Market by Element
12.3.2.13.4 Austria Piezoelectric Device Market by Application
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Piezoelectric Device Market by Product
12.3.2.14.2 Rest of Western Europe Piezoelectric Device Market by Material
12.3.2.14.3 Rest of Western Europe Piezoelectric Device Market by Element
12.3.2.14.4 Rest of Western Europe Piezoelectric Device Market by Application
12.4 Asia-Pacific
12.4.1 Asia Pacific Piezoelectric Device Market by Country
12.4.2 Asia Pacific Piezoelectric Device Market by Product
12.4.3 Asia Pacific Piezoelectric Device Market by Material
12.4.4 Asia Pacific Piezoelectric Device Market by Element
12.4.5 Asia Pacific Piezoelectric Device Market by Application
12.4.6 China
12.4.6.1 China Piezoelectric Device Market by Product
12.4.6.2 China Piezoelectric Device Market by Material
12.4.6.3 China Piezoelectric Device Market by Element
12.4.6.4 China Piezoelectric Device Market by Application
12.4.7 India
12.4.7.1 India Piezoelectric Device Market by Product
12.4.7.2 India Piezoelectric Device Market by Material
12.4.7.3 India Piezoelectric Device Market by Element
12.4.7.4 India Piezoelectric Device Market by Application
12.4.8 Japan
12.4.8.1 Japan Piezoelectric Device Market by Product
12.4.8.2 Japan Piezoelectric Device Market by Material
12.4.8.3 Japan Piezoelectric Device Market by Element
12.4.8.4 Japan Piezoelectric Device Market by Application
12.4.9 South Korea
12.4.9.1 South Korea Piezoelectric Device Market by Product
12.4.9.2 South Korea Piezoelectric Device Market by Material
12.4.9.3 South Korea Piezoelectric Device Market by Element
12.4.9.4 South Korea Piezoelectric Device Market by Application
12.4.10 Vietnam
12.4.10.1 Vietnam Piezoelectric Device Market by Product
12.4.10.2 Vietnam Piezoelectric Device Market by Material
12.4.10.3 Vietnam Piezoelectric Device Market by Element
12.4.10.4 Vietnam Piezoelectric Device Market by Application
12.4.11 Singapore
12.4.11.1 Singapore Piezoelectric Device Market by Product
12.4.11.2 Singapore Piezoelectric Device Market by Material
12.4.11.3 Singapore Piezoelectric Device Market by Element
12.4.11.4 Singapore Piezoelectric Device Market by Application
12.4.12 Australia
12.4.12.1 Australia Piezoelectric Device Market by Product
12.4.12.2 Australia Piezoelectric Device Market by Material
12.4.12.3 Australia Piezoelectric Device Market by Element
12.4.12.4 Australia Piezoelectric Device Market by Application
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Piezoelectric Device Market by Product
12.4.13.2 Rest of Asia-Pacific APAC Piezoelectric Device Market by Material
12.4.13.3 Rest of Asia-Pacific Piezoelectric Device Market by Element
12.4.13.4 Rest of Asia-Pacific Piezoelectric Device Market by Application
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Piezoelectric Device Market by country
12.5.1.2 Middle East Piezoelectric Device Market by Product
12.5.1.3 Middle East Piezoelectric Device Market by Material
12.5.1.4 Middle East Piezoelectric Device Market by Element
12.5.1.5 Middle East Piezoelectric Device Market by Application
12.5.1.6 UAE
12.5.1.6.1 UAE Piezoelectric Device Market by Product
12.5.1.6.2 UAE Piezoelectric Device Market by Material
12.5.1.6.3 UAE Piezoelectric Device Market by Element
12.5.1.6.4 UAE Piezoelectric Device Market by Application
12.5.1.7 Egypt
12.5.1.7.1 Egypt Piezoelectric Device Market by Product
12.5.1.7.2 Egypt Piezoelectric Device Market by Material
12.5.1.7.3 Egypt Piezoelectric Device Market by Element
12.5.1.7.4 Egypt Piezoelectric Device Market by Application
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Piezoelectric Device Market by Product
12.5.1.8.2 Saudi Arabia Piezoelectric Device Market by Material
12.5.1.8.3 Saudi Arabia Piezoelectric Device Market by Element
12.5.1.8.4 Saudi Arabia Piezoelectric Device Market by Application
12.5.1.9 Qatar
12.5.1.9.1 Qatar Piezoelectric Device Market by Product
12.5.1.9.2 Qatar Piezoelectric Device Market by Material
12.5.1.9.3 Qatar Piezoelectric Device Market by Element
12.5.1.9.4 Qatar Piezoelectric Device Market by Application
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Piezoelectric Device Market by Product
12.5.1.10.2 Rest of Middle East Piezoelectric Device Market by Material
12.5.1.10.3 Rest of Middle East Piezoelectric Device Market by Element
12.5.1.10.4 Rest of Middle East Piezoelectric Device Market by Application
12.5.2. Africa
12.5.2.1 Africa Piezoelectric Device Market by country
12.5.2.2 Africa Piezoelectric Device Market by Product
12.5.2.3 Africa Piezoelectric Device Market by Material
12.5.2.4 Africa Piezoelectric Device Market by Element
12.5.2.5 Africa Piezoelectric Device Market by Application
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Piezoelectric Device Market by Product
12.5.2.6.2 Nigeria Piezoelectric Device Market by Material
12.5.2.6.3 Nigeria Piezoelectric Device Market by Element
12.5.2.6.4 Nigeria Piezoelectric Device Market by Application
12.5.2.7 South Africa
12.5.2.7.1 South Africa Piezoelectric Device Market by Product
12.5.2.7.2 South Africa Piezoelectric Device Market by Material
12.5.2.7.3 South Africa Piezoelectric Device Market by Element
12.5.2.7.4 South Africa Piezoelectric Device Market by Application
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Piezoelectric Device Market by Product
12.5.2.8.2 Rest of Africa Piezoelectric Device Market by Material
12.5.2.8.3 Rest of Africa Piezoelectric Device Market by Element
12.5.2.8.4 Rest of Africa Piezoelectric Device Market by Application
12.6. Latin America
12.6.1 Latin America Piezoelectric Device Market by country
12.6.2 Latin America Piezoelectric Device Market by Product
12.6.3 Latin America Piezoelectric Device Market by Material
12.6.4 Latin America Piezoelectric Device Market by Element
12.6.5 Latin America Piezoelectric Device Market by Application
12.6.6 Brazil
12.6.6.1 Brazil Piezoelectric Device Market by Product
12.6.6.2 Brazil Africa Piezoelectric Device Market by Material
12.6.6.3 Brazil Piezoelectric Device Market by Element
12.6.6.4 Brazil Piezoelectric Device Market by Application
12.6.7 Argentina
12.6.7.1 Argentina Piezoelectric Device Market by Product
12.6.7.2 Argentina Piezoelectric Device Market by Material
12.6.7.3 Argentina Piezoelectric Device Market by Element
12.6.7.4 Argentina Piezoelectric Device Market by Application
12.6.8 Colombia
12.6.8.1 Colombia Piezoelectric Device Market by Product
12.6.8.2 Colombia Piezoelectric Device Market by Material
12.6.8.3 Colombia Piezoelectric Device Market by Element
12.6.8.4 Colombia Piezoelectric Device Market by Application
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Piezoelectric Device Market by Product
12.6.9.2 Rest of Latin America Piezoelectric Device Market by Material
12.6.9.3 Rest of Latin America Piezoelectric Device Market by Element
12.6.9.4 Rest of Latin America Piezoelectric Device Market by Application
13 Company Profile
13.1 CeramTec GmbH (Germany)
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 CTS Corporation (US)
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Kistler Group (Switzerland)
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Physik Instrumente (PI) GmbH & Co. KG. (Germany)
13.4 Company Overview
13.4.2 Financials
13.4.3 Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 piezosystem jena GmbH (Germany)
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Piezo Technologies (US)
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Aerotech Inc. (US)
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 APC International, Ltd., (US)
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Mad City Labs, Inc. (US)
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Product/Technology/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 CTS Corporation
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Product/Technology/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. USE Cases and Best Practices
16. Conclusion
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The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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