| Product Code: ETC4714559 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Sweden continued to rely heavily on piezoelectric device imports, with Germany, China, Netherlands, USA, and Ireland being the top exporting countries. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating limited competition. However, the industry experienced a decline with a negative Compound Annual Growth Rate (CAGR) of -3.47% from 2020 to 2024. Furthermore, the growth rate in 2024 dropped significantly by -21.52% compared to the previous year, reflecting a challenging environment for piezoelectric device imports into Sweden.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sweden Piezoelectric Devices Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Piezoelectric Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Piezoelectric Devices Market - Industry Life Cycle |
3.4 Sweden Piezoelectric Devices Market - Porter's Five Forces |
3.5 Sweden Piezoelectric Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Sweden Piezoelectric Devices Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Sweden Piezoelectric Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Sweden Piezoelectric Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for piezoelectric devices in various industries such as healthcare, automotive, and consumer electronics. |
4.2.2 Technological advancements leading to the development of innovative piezoelectric devices with improved efficiency and performance. |
4.2.3 Growing focus on energy harvesting and renewable energy sources driving the adoption of piezoelectric devices in Sweden. |
4.3 Market Restraints |
4.3.1 High initial costs associated with the installation and implementation of piezoelectric devices. |
4.3.2 Limited awareness and understanding of the benefits and applications of piezoelectric technology among end-users in Sweden. |
4.3.3 Competition from alternative technologies like electromagnetic and electrostatic devices affecting the market growth of piezoelectric devices. |
5 Sweden Piezoelectric Devices Market Trends |
6 Sweden Piezoelectric Devices Market Segmentations |
6.1 Sweden Piezoelectric Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Sweden Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Sensors, 2021-2031F |
6.1.3 Sweden Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Actuators, 2021-2031F |
6.1.4 Sweden Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Motors, 2021-2031F |
6.1.5 Sweden Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Transducers, 2021-2031F |
6.1.6 Sweden Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Generators, 2021-2031F |
6.1.7 Sweden Piezoelectric Devices Market Revenues & Volume, By Others, 2021-2031F |
6.2 Sweden Piezoelectric Devices Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Sweden Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Crystals, 2021-2031F |
6.2.3 Sweden Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Ceramics, 2021-2031F |
6.2.4 Sweden Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Polymers, 2021-2031F |
6.2.5 Sweden Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Composites, 2021-2031F |
6.3 Sweden Piezoelectric Devices Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sweden Piezoelectric Devices Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.3.3 Sweden Piezoelectric Devices Market Revenues & Volume, By Industrial & Manufacturing, 2021-2031F |
6.3.4 Sweden Piezoelectric Devices Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Sweden Piezoelectric Devices Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 Sweden Piezoelectric Devices Market Revenues & Volume, By Information & Communication, 2021-2031F |
6.3.7 Sweden Piezoelectric Devices Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
7 Sweden Piezoelectric Devices Market Import-Export Trade Statistics |
7.1 Sweden Piezoelectric Devices Market Export to Major Countries |
7.2 Sweden Piezoelectric Devices Market Imports from Major Countries |
8 Sweden Piezoelectric Devices Market Key Performance Indicators |
8.1 Energy conversion efficiency of piezoelectric devices. |
8.2 Research and development investment in piezoelectric technology. |
8.3 Adoption rate of piezoelectric devices in key industries in Sweden. |
8.4 Number of patents filed for new piezoelectric device technologies in Sweden. |
8.5 Environmental impact assessment of piezoelectric devices compared to traditional energy sources. |
9 Sweden Piezoelectric Devices Market - Opportunity Assessment |
9.1 Sweden Piezoelectric Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Sweden Piezoelectric Devices Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Sweden Piezoelectric Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sweden Piezoelectric Devices Market - Competitive Landscape |
10.1 Sweden Piezoelectric Devices Market Revenue Share, By Companies, 2024 |
10.2 Sweden Piezoelectric Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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