1/19/2024 0 Comments Piezo actuator mirror![]() ![]() Technological innovations in the automotive sector in Germany drive the adoption of piezoelectric devices. ![]() Germany, being one of Europe's major manufacturing hubs for automobile companies, contributes significantly to the growth of the piezoelectric devices market. Additionally, it examines competitive developments, such as product launches, acquisitions, expansion contracts, partnerships, and actions taken by key players to expand their market presence. It offers insights into the drivers, restraints, opportunities, and challenges influencing market growth. This report provides a comprehensive analysis of the piezoelectric devices market, categorizing it based on product, material, application, element, operation mode, and region. They play a crucial role in applications where external power sources are unavailable or using batteries is not practical. Piezoelectric devices, also known as energy harvesters, are devices that can convert mechanical vibrations, pressure, force, and acceleration into electrical energy. Piezoelectricity is the phenomenon in which certain materials can generate an electric charge when subjected to mechanical stress. The piezoelectric devices market is valued at USD 32.7 billion in 2023 and is projected to reach USD 46.0 billion by 2028, growing at a CAGR of 7.0% from 2023 to 2028 10, 2023 (GLOBE NEWSWIRE) - The "Piezoelectric Devices Market by Product (Sensors, Actuator, Motor, Generator, Transducer, Transformers, Resonator), Material (Polymer, Crystal, Ceramic, Composites), Element (Discs, Rings, Plates), Application and Region - Global Forecast to 2028" report has been added to 's offering. ![]()
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