France Piezoelectric Devices Market Trends, Size, Competitive Analysis and Forecast - 2019-2025
France piezoelectric devices market is expected to grow at a CAGR of around 9.4% during the forecast period. France is one of the technologically advanced and modern countries globally. France passenger car market is showing a considerable growth rate in recent years. In 2017, France has recorded a growth rate of 6.5% for passenger cars and commercial vehicles. About 2.2 million passenger cars were produced in 2017. The automotive sector in France deploys piezoelectric products such as injectors, actuators, pressure sensors, air transducers in the cars and other commercial vehicles have increased substantially.
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Outside Europe, France’s main clients are in China, the US, and Africa. Apart from the huge production and sales of internal combustion engine vehicles, France is the leading electric car market by volume in Europe. According to the French Vehicle Suppliers Association, the country has registered 22,000 electric passenger vehicles in 2016. The government is providing large cash incentives on the purchase of electric vehicles and hybrid vehicle. All these factors are expected to contribute to the growth of the piezoelectric devices market during the forecast period
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Key players in the market include CeramTec Holding GmbH, Harris Corp, Cedrat Technologies SA, and Physik Instrumente (PI) GmbH & Co. KG. The companies are gaining attention in European projects, which is supporting to drive their revenue generation. For instance, ReMap is an ongoing H2020 project, commenced in June 2018 and will end in May 2022. The project intends to reinforce the European leadership in aeronautics by developing an open-source solution for aircraft maintenance, the Integrated Fleet Health Management (IFHM) system. In this project, Cedrat Technologies is responsible to manage the activities regarding sensing techniques for Structural Health Monitoring (SHM) along with SMARTEC, ENSAM, and Patras University.
Market Segmentation
France Piezoelectric Devices Market by Application
- Aerospace
- Automotive
- Healthcare
- Industrial and Manufacturing
- Communication
- Military and Defense
- Others
France Piezoelectric Devices Market by Material
- Naturally Occurring Crystal
- Synthetic Derived Material
- Ceramics
- Polymer
- Composite
France Piezoelectric Devices Market by Product
- Actuators
- Longitudinal Actuators
- Acoustic Devices
- Motors
- Transducers
- Generators
- Resonators
- Sensors
Company Profiles
- ADInstruments Ltd.
- Cedrat Technologies SA
- CeramTec Holding GmbH
- DigiKey Electronics
- DJB Instruments
- Harris Corp.
- Physik Instrumente (PI) GmbH & Co. KG.
- PI Ceramic GmbH
- Saint Gobain S.A.
- Vermon SA
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