Piezoelectric Sensor Market

Date: 2016-05

The vast volume of consumer electronics that is available in the market today is driving the growth for the semiconductor market. On the same note, it is because of the numerous advances in the semiconductor industry that the consumer electronics market is growing. One of the key drivers for this is the availability of small sized components, which allow companies to experiment with different designs and to add more functionality to a device. Piezoelectric sensors are just one of these devices which have allowed consumer electronics manufacturers to deliver faster and smarter products.

Companies operating in the piezoelectric sensor industry have been investing heavily in the R&D of the manufacturing of piezoelectric sensors as well as emerging applications for the same. Customers are demanding high value products, which have a long life cycle. In this case, companies in the piezoelectric sensor industry need to ensure that their products are robust and are able to operate in a variety of environments. There have also been a number of mergers and acquisitions of smaller companies taking place in the market where each company is trying to utilize the technological advantage, which the acquired company may have. There is a steady customer base for piezoelectric sensors; however, companies are trying to ensure that there are more applications in the coming years for piezoelectric sensors.

As of 2015, the APAC region contributed the highest to the overall piezoelectric sensors market. This is due to the fact that the customers of the sensors have the sensors integrated into their respective products. Almost all of these customers have their manufacturing bases or have outsourced their manufacturing activities to companies in the APAC region.

The Piezoelectric sensor Market can be segmented on the basis of application as
Industrial, Manufacturing, Automotive, Healthcare and Telecom

In terms of end-user, the piezoelectric sensor Market has been segmented across the following
Enterprise users and Civilian Users

In terms of energy source, the piezoelectric sensor Market has been segmented across the following
Mechanical, Electromagnetic, Thermal, Chemical and Optical

The market has been segmented based on the following geographies
North America, South America, APAC, Europe, Middle East and Africa

Following are just a few of the companies that are operating in the piezoelectric sensor market.
APC International Ltd, Ceramtec GmbH, Exelis, Inc., MAD City Labs Inc., Morgan Advanced Materials.

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