According to a market report by Lucintel, the future of the global lead free piezoelectric ceramic market looks promising with opportunities in the consumer electronics, industry & manufacturing, automobile industry, and medical markets. The global lead free piezoelectric ceramic market is expected to reach an estimated $1 billion by 2030 with a CAGR of 16.5% from 2024 to 2030. The major drivers for this market are the growing interest in piezoelectric materials characterized by a reduced carbon footprint and increasing adoption of automated systems is expected.
A more
than 150-page report to understand trends, opportunity and forecast in global lead
free piezoelectric ceramic market to 2030 by type (niobate-based, sodium
bismuth titanate, barium titanate base, and others), application (consumer
electronics, industry & manufacturing, automobile industry, medical, and
others), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel
forecasts that barium titanate base will remain the largest segment over the
forecast period due to its application in electromechanical transducers,
capacitors, and nonlinear optics.
Within
this market, industry & manufacturing will remain the largest segment due
to various industrial applications, including industrial robots, automated
systems, and computerized numerical control machines, necessitate the use of
lead-free piezoelectric ceramics materials to generate electric charge.
Download
sample by clicking on lead
free piezoelectric ceramic market.
APAC will
remain the largest region over the forecast period due to growing
industrialization and globalization in the region.
Canon,
KYOCERA AVX Components, Seiko Epson, Sumitomo Chemical, PI Ceramic, Fuji
Ceramics, Zibo Yuhai Electronic Ceramic are the major suppliers in the lead free piezoelectric ceramic
market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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