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. 

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. 

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.

Research Methodology

The market study of the France piezoelectric devices market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Authentic public databases 
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

1. France Piezoelectric Devices Market Research and Analysis, By Application
2. France Piezoelectric Devices Market Research and Analysis, By Material
3. France Piezoelectric Devices Market Research and Analysis, By Product

The Report covers:

• Comprehensive research methodology of the France piezoelectric devices market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regulations and other government policies impacting the France piezoelectric devices market.
• Insights about market determinants which are stimulating the France piezoelectric devices market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.