4. Examples of applications for piezoelectric materials
Materials with piezoelectric properties are used in a wide range of applications. Looking at some global economic data, economists predict ( https://www.acmite.com/brochure/Brochure-Piezoelectric-Device-Market-Report.pdf ) annual growth of 7.7%, with estimated sales of $8425 million in 2024. This breaks down into three main markets: Europe (growth of 7.4%/year and $2,299 million in 2024), Asia-Pacific (growth of 9.3%/year and $2,163 million in 2024) and North America (growth of 7.5%/year and $2,144 million in 2024). Japan is also a dynamic market for piezoelectric materials (growth of 6.7%/year and $1277 million).
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Examples of applications for piezoelectric materials
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