According to a market report by Lucintel, the future of the piezo film sensor market looks promising with opportunities in the automotive, aerospace, consumer electronics, industrial, and healthcare market. The global piezo film sensor market is expected to grow with a CAGR of 10% from 2021 to 2026. The major drivers for this market are growing usage in microelectronics and semiconductor industries, increasing demand in medical and automotive sectors, and superior properties of piezoelectric film sensor such as its high frequency response, high dielectric strength, and rugged construction.
In this market, PVDF film and other films are the major segments of piezo film sensor market by material. Lucintel forecast that PVDF film will remain the largest segment over the forecast period because it exhibits high piezoelectricity than other polymers, its capacity to produce electrical signals in response to temperature variations, and growing applications of PVDF sensor in strain sensing applications.
Within this market, healthcare is expected to remain the largest segment due to growing demand of piezo film sensors in medical applications such as ultrasonic procedures and ultrasound imaging.
APAC will remain the largest region due to the growth of end use industries including automotive, consumer electronics, industrial, manufacturing, and healthcare industries in countries such as China, India, Japan, and South Korea, presence of several manufacturing facilities of piezo film sensor, and technological advancement leading towards its growing adoption in various applications.
TE Connectivity, CTS Corporation, PI Ceramic GmbH, Pro-Wave Electronics Corporation, Polyk Technologies, Toray Industries, Murata Manufacturing Co. Ltd, Piezocryst Advanced Sensorics GmbH, Piezotech, and Kureha Corporation are the major suppliers in the global piezo film sensor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global piezo film sensor market by product type, material, end-use industry and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Piezo Film Sensor Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global piezo film sensor market by piezo film sensor market by product type, material, end-use industry and region, as follows:
Piezo Film Sensor Market by Product Type [Value ($B) shipment analysis for 2015-2026]:
·Accelerometers
·Force
·Pressure
·Others
Piezo Film Sensor Market by Material [Value ($B) shipment analysis for 2015-2026]:
·PVD Film
·Other Films (Ceramic crystals, PP, and Others)
Piezo Film Sensor Market by End-Use Industry [Value ($B) shipment analysis for 2015-2026]:
·Automotive
·Aerospace
·Consumer Electronics
·Industrial
·Healthcare
·Others
Piezo Film Sensor Market by Region [Value ($B) shipment analysis for 2015-2026]:
·North America
·Europe
·Asia Pacific
The Rest of the World
Browse 79 market data tables and 102 figures spread through 205 pages and in-depth TOC on “Piezo Film Sensor Market"
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the piezo film sensor market by product type (accelerometer, force, pressure, and others), material (PVDF film and other films), end-use industry (automotive, aerospace, consumer electronics, industrial, and healthcare) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?