UK Piezoelectric Devices Market to see Huge Growth by 2029
UK piezoelectric devices market is expected to grow at a CAGR of 5.2% during the forecast period. Electronics and related devices have gained popularity in the country. Use of various smart devices such as smart TVs, smartphones, laptops and others is growing in the country. According to Ofcom, communication authority of the UK, the country has reported 70% smartphone penetration amongst adults in 2014 and the penetration has increased to 85% in 2017. Smart gadgets such as smartphone, laptops, smart TVs, wearable devices and others uses piezoelectric sensors. A transparent device is mounted on a smartphone screen which generates electricity.
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Electricity is generated when the user presses the extremely thin sensor mounted in a transparent device attached on the touchpad. The generated electricity can be stored in the battery of smartphones. With the growing smartphone penetration among the adult population in the country, UK is estimated to generate huge opportunities for market players engaged in the piezoelectric device industry. Along with the smartphone, various other smart devices possess the potential for piezoelectric sensors in the country. Additionally, wearable devices are also being tested for the application of piezoelectric devices and sensors. For instance, vibration generated by body movement used by the smart watches, fitness bands and others to sense objects, gestures, and locations. This involves the use of piezoelectric sensors in these devices. With the increasing industry of wearable devices, the market opportunities for piezoelectric devices market would increase during the forecast period.
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· Market Coverage
· Market number available for – 2023-2029
· Base year- 2022
· Forecast period- 2023-2029
· Segment Covered- By Source, By Product Type, By Applications
· Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
· Inc., and others
Market Segmentation
UK Piezoelectric Devices Market by Application
o Aerospace
o Automotive
o Healthcare
o Industrial and Manufacturing
o Communication
o Military and Defense
o Others
UK Piezoelectric Devices Market by Material
o Naturally Occurring Crystal
o Synthetic Derived Material
o Ceramics
o Polymer
o Composite
UK Piezoelectric Devices Market by Product
o Actuators
o Longitudinal Actuators
o Acoustic Devices
o Motors
o Transducers
o Generators
o Resonators
o Sensors
Company Profiles
o APC International Ltd.
o CeramTec GmbH
o CTS Corp.
o DigiKey Electronics
o DJB Instruments
o Electro Mechanical Systems Ltd.
o Harris Corp.
o Ionix Advanced Technologies Ltd.
o Physik Instrumente (PI) GmbH & Co. KG
o Vesper Technologies, Inc.
The Report covers:
- Comprehensive research methodology of the UK piezoelectric devices market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regulations and other government policies impacting the UK piezoelectric devices market.
- Insights about market determinants which are stimulating the UK piezoelectric devices market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
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