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Piezoelectric Smart Materials Market - Global Forecasts to 2029 Featuring Smart Material Corp, Arkema, APC, CeramTec Industrial, CTS, Kyocera, Noliac, TDK, QorTek, and He-Shuai [Yahoo! Fin...

LGL Group, Inc. (The) (LGL) 
NASDAQ:AMEX Investor Relations: lglgroup.com/content/investor-relations
Company Research Source: Yahoo! Finance
The global piezoelectric smart materials market is anticipated to grow at a CAGR of 4.87% during the forecast period (2024-2029) Piezoelectric materials transform electrical energy into mechanical energy and vice versa. They have many applications and may be used as actuators (supply a voltage to induce motion), sensors (such as multiple accelerometers), and energy harvesters since the charge created by motion can be collected and stored. Piezo materials are commonly used in barbecue igniters and actuators for inkjet printer heads. These materials offer unique features that make them suitable for various applications, including medical imaging, sensors, energy harvesting, and actuators. The sector has, therefore, grown into a massive business worth approximately $10 billion every year, with applications ranging from consumer electrical devices like mobile phones to aircraft, naval sonar, and high-speed trains. Conventional piezoelectric ceramics, such as Lead Zirconate Titanate ( Show less Read more
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