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www.seadiscovery.com Marine Technology Reporter 33 Market Share for Piezoelectric Devices by Type for 2007 and 2012 Source: iRAP, Inc. TABLE 2 Global Market Size/Percentage Share for Piezoelectric Operated Devices by Product Type, 2007 to 2012 Product/Type 2007 2007 (%) 2012 2012 (%) AAGR % ($ millions) ($ millions) ’07-‘12 Resonators, acoustic devices, gas igniters, ultrasonic motors, actuators $2,670 25.0% $5,381 27.6% 15% for auto-focusing in digital cameras Transducers sensors, accelerators, piezo transformers, Langevin actuators, 2,726 25.6 5,175 26.5 13.6 piezo printing heads, diesel injectors, etc. Actuators (multi-layer bimorph), piezo generators 3,920 36.9 7,100 36.4 12.6 Sonars for military and civilian use 1,325 12.5 1,837 9.5 6.7 TOTAL $10,641 100% $19,493 100% 12.9% Source: iRAP, Inc. The Global Market for the existing 11 generic types of piezoelectric devices had reached $10.6b by 2007, and is expected to reach $19.5b by 2012
