U.S. Piezoelectric Materials Market Size & Outlook
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U.S. piezoelectric materials market highlights
- The U.S. piezoelectric materials market generated a revenue of USD 274.9 million in 2022 and is expected to reach USD 378.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.1% from 2023 to 2030.
- In terms of segment, ceramics was the largest revenue generating product in 2022.
- Composites is the most lucrative product segment registering the fastest growth during the forecast period.
Piezoelectric materials market data book summary
| Market revenue in 2022 | USD 274.9 million |
| Market revenue in 2030 | USD 378.1 million |
| Growth rate | 4.1% (CAGR from 2022 to 2030) |
| Largest segment | Ceramics |
| Fastest growing segment | Composites |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ceramics, Polymers, Composites |
| Key market players worldwide | L3Harris Technologies Inc, CTS Corp, Albemarle Corp, PI Ceramic, APC International, Piezosystem Jena, Sparkler Ceramics, Noliac Systems SRO, Mad City Labs |
Other key industry trends
- In terms of revenue, U.S. accounted for 19.8% of the global piezoelectric materials market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. piezoelectric materials market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 16.0 million by 2030.
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Piezoelectric Materials Market Scope
Piezoelectric Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mad City Labs | View profile | 1-10 | Madison, Wisconsin, United States, North America | http://www.madcitylabs.com |
| Noliac Systems SRO | View profile | 1-10 | Kvistgaard, Hovedstaden, Denmark, Europe | http://www.noliac.com |
| Sparkler Ceramics | View profile | 11-50 | Pune, Maharashtra, India, Asia | https://sparklerceramics.com |
| Piezosystem Jena | View profile | 101-250 | Jena, Thuringen, Germany, Europe | https://www.piezosystem.com/ |
| APC International | View profile | 11-50 | Mackeyville, Pennsylvania, United States, North America | https://www.americanpiezo.com/ |
| PI Ceramic | View profile | 11-50 | Lederhose, Thuringen, Germany, Europe | http://www.piceramic.com/ |
| CTS Corp | View profile | 4081 | 4925 Indiana Avenue, Lisle, IL, United States, 60532 | https://www.ctscorp.com |
| Albemarle Corp | View profile | 9000 | 4250 Congress Street, Suite 900, Charlotte, NC, United States, 28209 | https://www.albemarle.com |
| L3Harris Technologies Inc | View profile | 50000 | 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 | https://www.l3harris.com |
U.S. piezoelectric materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to piezoelectric materials market will help companies and investors design strategic landscapes.
Ceramics was the largest segment with a revenue share of 50.53% in 2022. Horizon Databook has segmented the U.S. piezoelectric materials market based on ceramics, polymers, composites covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for piezoelectric materials is increasing in the country owing to the flourishing aerospace, wind energy, and automotive industries in the country.
According to the 2021 report of the International Renewable Energy Agency, the U.S. ranked second in terms of wind energy generation capacity.
One of the largest wind farms in the world is located in California in the U.S. with a wind energy generation capacity of 1,548 MW.
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Our clientele includes a mix of piezoelectric materials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. piezoelectric materials market , including forecasts for subscribers. This country databook contains high-level insights into U.S. piezoelectric materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. piezoelectric materials market size, by product, 2018-2030 (US$M)
U.S. Piezoelectric Materials Market Outlook Share, 2022 & 2030 (US$M)
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