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Piezoelectric Sensors And Ultrasonic Transducers - Types, Materials, Applications, New Developments, Industry Structure And Global MarketsLONDON, March 7, 2017 /PRNewswire/ -- Due to emergence of the Internet of Things (IoT) and automation in industrial processing and home applications, the demand for sensors and transducers has increased dramatically. A sensor is a device which detects change in physical parameters and converts it into signals which can be recorded or measured, e.g., vibration sensors which convert vibrations into voltage signals. REASONS FOR DOING THE STUDY The PE sensors and ultrasonic transducers market is an attractive and still-growing multi-billion-dollar market characterized by very high production volumes of a diversified range PE sensors and ultrasonic transducers that must be both extremely reliable and low in cost. Growth in the PE sensors market continues to be driven by increasing demands in several segments including predictive maintenance and condition monitoring; testing and measurement of vibration in mechanical, electrical and manufacturing equipment and applications; vibration monitoring; high temperature applications; and harsh and explosive applications. The diversified business of PE sensors and ultrasonic transducers is complex and fast moving, with manufacturers increasingly adopting a truly global view of the market. Around the world, consumers are demanding high quality along with an extremely long cycle life. In this challenging market, manufacturers have attempted to achieve growth through company mergers and acquisitions and by implementing global strategies. Traditional PE sensors have a broad customer base, and new applications such as wireless sensors, miniaturized and tactile sensors, and structural health monitoring have now entered the mainstream and are showing significant sales volumes. Ultrasonic sensors for medical imaging have a broad customer base, and new applications such as high-intensity focused ultrasound (HIFU) have now entered the mainstream and are showing significant sales volumes. Structural health monitoring (SHM), tactile sensors (touch sensors), piezoelectric wafer active sensors (PWASs) for structural health monitoring of composite structures, and ultrasonic fingerprint sensors (PMUTs) that use a piezoelectric micro-machined ultrasonic transducer array integrated with complementary metal oxide semiconductor electronics sensor arrays are other areas showing significant growth. With this background of new emerging technologies and applications, iRAP felt a need to conduct a detailed study and update technology developments and markets. This report identifies and evaluates new markets and new product developments which show potential growth for PE sensors and ultrasonic transducers. CONTRIBUTIONS OF THE STUDY This study provides the most complete accounting of the current market and future growth in PE sensors and ultrasonic transducers in North America, Europe, Japan, China and the rest of the world (ROW). It provides the most thorough and up-to-date assessment that can be found anywhere on the subject. The study also provides extensive quantification of the many important facets of market developments in emerging markets, such as China, for PE sensors and ultrasonic transducers. This quantification, in turn, contributes to the determination of what kind of strategic response suppliers may adopt in order to compete in these dynamic markets. Audiences for this study include directors of technology, marketing executives, business unit managers and other decision makers in the PE sensors and ultrasonic transducer companies, as well as those companies peripheral to this business. FORMAT AND SCOPE The market data contained in this report quantify opportunities for PE sensors and ultrasonic transducers. In addition to product types, this report also covers the merits and future prospects of the PE sensors and ultrasonic transducers business, including corporate strategies, information technologies, and the means for providing these highly advanced product and service offerings. This report also covers in detail the economic and technological issues regarded by many as critical to the industry's current state of change. It provides a review of the PE sensors and ultrasonic transducers industry and its structure, and of the many companies involved in providing these products. The competitive positions of the main players in the piezoelectric devices market and their strategic options are also discussed, along with such competitive factors as marketing, distribution and operations. TO WHOM THE STUDY CATERS The study will benefit existing manufacturers of PE sensors and ultrasonic transducers that seek to expand and diversify their applications of PE sensors and ultrasonic transducers based on piezo materials like QCP-quartz crystal piezos, PZT, PVDF and ceramic polymer composites which are positioned to become a preferred solution for many applications. This study also will benefit users of PE sensors and ultrasonic transducers looking for new challenges and applications. REPORT SUMMARY Piezoelectric sensors and ultrasonic transducers, benefiting from the development of piezoelectric materials, have become a key enabling technology for a wide range of industrial, consumer, electronic, home automation and internet of things (IoT) applications. This market has experienced robust growth in the last two decades, and it will continue to witness strong growth in the next years, with certain application markets enjoying double digital growth. The diversified business of piezoelectric (PE) sensors and ultrasonic transducers is complex and fast moving, with manufacturers increasingly adopting a truly global view of the market. Around the world, consumers are demanding high quality as well as an extremely long cycle life for their gadgets. In this challenging market, manufacturers have attempted to achieve growth through company mergers and acquisitions and by implementing global strategies. Ultrasonic sensors for medical imaging have a broad customer base, and new applications such as high-intensity focused ultrasound (HIFU) have now entered the mainstream and are showing significant sales volumes. Ultrasonic transducers have developed into universal solutions that cover a wide range of applications, offering reliable operation in environments where traditional sensing technologies are unsuitable. They detect objects with utmost precision, operate in harsh and problematic environments, and are unaffected by target shape or color. Six categories of ultrasonic transducers are covered in this report, including: - liquid flow sensors. - proximity transducers, combined with position and distance transducers. - level transducers. - acoustic transducers combined with ultrasonic transducers for non-destructive testing. - ultrasonic medical imaging transducers. - fluid property testing sensors. According to the new iRAP report, the global market for traditional PE sensors and ultrasonic transducers is quite mature in applications. The combined market is estimated to have reached $4.3 billion in 2015 and is expected to grow at a growth rate of 6.7% to reach $6 billion 2020. Download the full report: https://www.reportbuyer.com/product/4756590/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/piezoelectric-sensors-and-ultrasonic-transducers---types-materials-applications-new-developments-industry-structure-and-global-markets-300419940.html SOURCE ReportBuyer 
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