The piezoelectric devices market is projected to grow from USD 32.7 billion in 2023 and is projected to reach USD 46.0 billion by 2028; it is expected to grow at a CAGR of 7.0% from 2023 to 2028.
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Increasing adoption of piezoelectric devices in energy harvesting is one of the major driver of the market.

Asia Pacific to have largest share of piezoelectric devices market in during the forecast period.

Asia Pacific region is expceted to have largest market size of piezoelectric devices market during the forecast period. China, Japan, and South Korea adopt piezoelectric devices at a higher rate owing to the benefits offered by them, including high accuracy, high sensitivity, and low cost. Moreover, industrial developments and a concentration of manufacturing activities in China and Japan drive economic growth of the region, which, in turn, is expected to result in increased adoption of piezoelectric devices in Asia Pacific.

Key players in the piezoelectric devices market include 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) are among the leading companies in the piezoelectric devices market. Apart from these, Kinetic Ceramics (US), Johnson Matthey Piezo Products GmbH (Germany), PI Ceramic (Germany), Piezo Solutions (US), DYTRAN INSTRUMENTS INCORPORATED (US), Piezomechanik Dr. Lutz Pickelmann GmbH (Germany), PiezoMotor (Sweden), PCB Piezotronics, Inc. (US) are among a few emerging companies in the piezoelectric devices market.

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The piezoelectric devices market is projected to grow from USD 32.7 billion in 2023 and is projected to reach USD 46.0 billion by 2028; it is expected to grow at a CAGR of 7.0% from 2023 to 2028. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=256019882 Increasing adoption of piezoelectric devices in energy harvesting is one of the major driver of the market. Asia Pacific to have largest share of piezoelectric devices market in during the forecast period. Asia Pacific region is expceted to have largest market size of piezoelectric devices market during the forecast period. China, Japan, and South Korea adopt piezoelectric devices at a higher rate owing to the benefits offered by them, including high accuracy, high sensitivity, and low cost. Moreover, industrial developments and a concentration of manufacturing activities in China and Japan drive economic growth of the region, which, in turn, is expected to result in increased adoption of piezoelectric devices in Asia Pacific. Key players in the piezoelectric devices market include 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) are among the leading companies in the piezoelectric devices market. Apart from these, Kinetic Ceramics (US), Johnson Matthey Piezo Products GmbH (Germany), PI Ceramic (Germany), Piezo Solutions (US), DYTRAN INSTRUMENTS INCORPORATED (US), Piezomechanik Dr. Lutz Pickelmann GmbH (Germany), PiezoMotor (Sweden), PCB Piezotronics, Inc. (US) are among a few emerging companies in the piezoelectric devices market. https://www.marketsandmarkets.com/Market-Reports/piezoelectric-devices-market-256019882.html
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Piezoelectric Devices Market Size, Share, Industry Report, Revenue Trends and Growth Drivers
The global Piezoelectric Devices Market in terms of revenue was estimated to be worth $32.7 billion in 2023 and is poised to reach $46.0 billion by 2028, growing at a CAGR of 7.0% during the forecast period.
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