Market Overview:
The global bimorph market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for piezoelectric and bimetal bimorphs for various applications such as commercial measurement, energy harvesting, and MEMS. North America is expected to hold the largest share of the global bimorph market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to witness the highest CAGR during the forecast period due to rising demand from countries such as China and Japan.
Product Definition:
A bimorph is a structure made from two materials with different thermal expansion coefficients, bonded together. This creates a physical separation of the materials, which prevents them from movingrelative to each other and reduces the stress on the joint.
Piezoelectric Bimorph:
Piezoelectric bimorph is a piezoelectric material that can be used to generate both rigid and flexible deformations. Piezoelectricity results from the charge carriers in a crystal structure, which causes it to respond elastically when voltage is applied across it. Bimorphs are widely used in applications such as display devices, solar cells, actuators and sensors owing to their ability of providing flexibility at low cost with high performance efficiency.
Bimetal Bimorph:
Bimorph is a material that has two distinct properties, which can be changed by applying an applied stress. These properties are used in various applications such as smart materials, self-healing materials and thermoplastics. Bimorphs have been the subject of extensive research over the past few years owing to their potential use in advanced technologies including energy storage devices and solar cells.
Application Insights:
The energy harvesting segment is expected to witness significant growth over the forecast period owing to rising demand for efficient and compact solar cells and wind turbines. The commercial measurement application segment accounted for a major share in 2017, which can be attributed to increasing usage of bimorphs in various applications including energy harvesting, micro-electromechanical systems (MEMS), optical sensors, thermometers & hygrometers, accelerometers & gyroscopes among others.
Bimorphs are used as an alternative solution compared with mechanical or electrical spring due to their low power consumption and high efficiency. They find numerous applications such as pressure sensors that work on the piezoelectric principle or gas flow sensors that use the bimetallic mechanism for sensing changes in temperature. Other key end-use industries include healthcare equipment manufacturing and consumer electronics where they are used as actuators or switches owing to their small size and low power consumption characteristics.
Regional Analysis:
Asia Pacific accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region is home to several key players, which has resulted in a high level of competition. However, low manufacturing cost coupled with availability of cheap labor has encouraged numerous small & medium enterprises (SMEs) to invest in this sector resulting into higher production volumes. This factor is anticipated to drive regional market growth over the forecast period.
The Europe market was valued at USD X million in 2017 and it is projected to grow at a CAGR of XX% from 2018 till 2030 owing to increasing R&D activities relatedto bimorphs as well as rising adoptionin various industrial applications such as energy harvesting devices used for power generation and vibration sensing systems used for monitoring equipment vibration levels etc.
Growth Factors:
- Increasing demand for actuators in automotive and aerospace industries
- Growing demand for bimorphs from the medical device industry
- Rising adoption of bimorphs in energy harvesting applications
- Increasing use of bimorphs in smart sensors and MEMS devices
- Proliferation of Internet-of-Things (IoT) applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Bimorph Market Research Report
By Type
Piezoelectric Bimorph, Bimetal Bimorph
By Application
Commercial Measurement, Energy Harvesting, MEMS
By Companies
Thorlabs, PiezoDrive, Furukawa Group, PI Ceramic, AKA Optics SAS, NINGBO SANCO ELECTRONICS CO., LTD., GD SWT Smart Tech Co.,Ltd., SPK Electronics Co., Ltd, Piezo Source, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Bimorph Market Report Segments:
The global Bimorph market is segmented on the basis of:
Types
Piezoelectric Bimorph, Bimetal Bimorph
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Measurement, Energy Harvesting, MEMS
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thorlabs
- PiezoDrive
- Furukawa Group
- PI Ceramic
- AKA Optics SAS
- NINGBO SANCO ELECTRONICS CO., LTD.
- GD SWT Smart Tech Co.,Ltd.
- SPK Electronics Co., Ltd
- Piezo Source, Inc.
Highlights of The Bimorph Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Piezoelectric Bimorph
- Bimetal Bimorph
- By Application:
- Commercial Measurement
- Energy Harvesting
- MEMS
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bimorph Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bimorph is a two-dimensional material that has the ability to transform between two different states, or morphs. This can be done by changing the amount of pressure applied to the material, which causes it to change shape.
Some of the major companies in the bimorph market are Thorlabs, PiezoDrive, Furukawa Group, PI Ceramic, AKA Optics SAS, NINGBO SANCO ELECTRONICS CO., LTD., GD SWT Smart Tech Co.,Ltd., SPK Electronics Co., Ltd, Piezo Source, Inc..
The bimorph market is expected to grow at a compound annual growth rate of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bimorph Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bimorph Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bimorph Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bimorph Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bimorph Market Size & Forecast, 2018-2028
4.5.1 Bimorph Market Size and Y-o-Y Growth
4.5.2 Bimorph Market Absolute $ Opportunity
Chapter 5 Global Bimorph Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bimorph Market Size Forecast by Type
5.2.1 Piezoelectric Bimorph
5.2.2 Bimetal Bimorph
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bimorph Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bimorph Market Size Forecast by Applications
6.2.1 Commercial Measurement
6.2.2 Energy Harvesting
6.2.3 MEMS
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bimorph Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bimorph Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bimorph Analysis and Forecast
9.1 Introduction
9.2 North America Bimorph Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bimorph Market Size Forecast by Type
9.6.1 Piezoelectric Bimorph
9.6.2 Bimetal Bimorph
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bimorph Market Size Forecast by Applications
9.10.1 Commercial Measurement
9.10.2 Energy Harvesting
9.10.3 MEMS
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bimorph Analysis and Forecast
10.1 Introduction
10.2 Europe Bimorph Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bimorph Market Size Forecast by Type
10.6.1 Piezoelectric Bimorph
10.6.2 Bimetal Bimorph
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bimorph Market Size Forecast by Applications
10.10.1 Commercial Measurement
10.10.2 Energy Harvesting
10.10.3 MEMS
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bimorph Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bimorph Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bimorph Market Size Forecast by Type
11.6.1 Piezoelectric Bimorph
11.6.2 Bimetal Bimorph
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bimorph Market Size Forecast by Applications
11.10.1 Commercial Measurement
11.10.2 Energy Harvesting
11.10.3 MEMS
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bimorph Analysis and Forecast
12.1 Introduction
12.2 Latin America Bimorph Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bimorph Market Size Forecast by Type
12.6.1 Piezoelectric Bimorph
12.6.2 Bimetal Bimorph
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bimorph Market Size Forecast by Applications
12.10.1 Commercial Measurement
12.10.2 Energy Harvesting
12.10.3 MEMS
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bimorph Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bimorph Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bimorph Market Size Forecast by Type
13.6.1 Piezoelectric Bimorph
13.6.2 Bimetal Bimorph
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bimorph Market Size Forecast by Applications
13.10.1 Commercial Measurement
13.10.2 Energy Harvesting
13.10.3 MEMS
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bimorph Market: Competitive Dashboard
14.2 Global Bimorph Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thorlabs
14.3.2 PiezoDrive
14.3.3 Furukawa Group
14.3.4 PI Ceramic
14.3.5 AKA Optics SAS
14.3.6 NINGBO SANCO ELECTRONICS CO., LTD.
14.3.7 GD SWT Smart Tech Co.,Ltd.
14.3.8 SPK Electronics Co., Ltd
14.3.9 Piezo Source, Inc.
