Ultrasonic Piezo Transducer Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Ultrasonic Piezo Transducer Market Size and Growth
The global ultrasonic piezo transducer market is expected to reach a size of $1.2 billion by 2025, with a CAGR of 7.5%. Increasing demand for nondestructive testing in various industries, such as automotive and healthcare, is driving market growth. Technological advancements and expanding applications are also contributing to market expansion.
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Companies Covered (Covid 19 Impact Covered)
◍ Honeywell International
◍ Branson Ultrasonic
◍ Toshiba America Medical Systems
◍ OMRON Corporation
◍ Murata Manufacturing
◍ APC International
◍ Siemens
◍ Rockwell Automation
◍ GE Healthcare
◍ Pepperl+Fuchs
The competitive landscape of the Ultrasonic Piezo
Transducer Market includes key players such as Honeywell International, Branson Ultrasonic, Toshiba America Medical Systems, OMRON Corporation, Murata Manufacturing, APC International, Siemens, Rockwell
Automation, GE Healthcare, and Pepperl+Fuchs. These companies utilize ultrasonic piezo transducers in various applications to expand the market.
- Honeywell International: Sales revenue of $36.71 billion
- OMRON Corporation: Sales revenue of $7.75 billion
- Siemens: Sales revenue of $92.11 billion
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