Electrostrictive Materials Market: Overview and Dynamics
Scientific developments in the field of materials are exponentially rising and discoveries are coming on to surface such as “Smart Materials.” One such material is Electrostrictive Material which has properties similar to piezoelectric material yet holds its significance. The electrostrictive materials provide an additional degree of freedom and help design a unique transducer with higher feasibility.
Electrostrictive Materials are on the path of becoming the material from future with its application in Robotics, Tunable Film Bulk Acoustic Wave Resonator (FBAR) and high-end transducers which have proven to be the most vital elements of their respective domains in the on-going Industry 4.0 era.
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Electrostrictive Materials Market: Regional Outlook
Taking account of the regional distribution, the report “Electrostricitve Materials” showcase in-depth study on six prominent regions which include North America, Europe, Latin America, South Asia and Oceania, East Asia and Middle East & Africa. Europe is the dominant player in the electrostrictive materials market. Europe cooperatively accounts 70% shares under electrostrictive materials market. Europe is followed by North America.
North America is the second dominant player in electrostrictive materials market. North America cooperatively accounts 15% shares under electrostrictive materials market. North America followed by the Asia-Pacific region. Asia-pacific presents enormous opportunities for electrostrictive materials in market participants.
Electrostrictive Materials Market: Key Players
The electrostrictive materials market trails the structure of consolidated market because only limited multi-national companies have adopted this technology and are into the business of manufacturing electrostrictive materials. Across the globe, key players of Electrostrictive Materials Market are TRS Technologies, Ecertec and Noliac, and these companies hold about 65% of total market share while rest is taken by regional participants.
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Segmentation Analysis of Electrostrictive Materials Market
The global electrostrictive materials market is classified majorly into five segments: product type, material type, end-use, shape and region.
On the basis of product type, electrostrictive materials market has been segmented as follows:
- Relaxor Ferroelectrics
- Antiferroelectriceramics
On the basis of material type, electrostrictive materials market has been segmented as follows:
- Lead Magnesium Niobate (PMN)
- Lead Magnesium Niobate-Lead Titanate (PMN-PT)
- Lead Lanthanum Zirconate Titanate (PLZT)
On the basis of end-use, electrostrictive materials market has been segmented as follows:
- Sonar projectors
- Actuators
- Transducers
- Tuneable Film Bulk
- Acoustic Wave Resonator ( FBAR)
On the basis of shape, electrostrictive materials market has been segmented as follows:
- Plates
- Disc
- Rings
- Bars
- Rods
- Tubes
On the basis of region, electrostrictive materials market has been segmented as follows:
- North America
- Europe
- Latin America
- East Asia
- South Asia and Oceania
- Middle East & Africa
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