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With a predicted CAGR of 5.9% between 2023 and 2030, the global piezoelectric ceramics market is expected to increase from its 2023 valuation of USD 1.24 bn to reach USD 1.28 bn by 2030. High-performance sensors are on the rise, driving up the need for piezoelectric ceramics. The medical sector, in particular, is experiencing increased demand for piezoelectric energy harvesting devices in emerging markets like India, China, Brazil, and others.
The purpose of this research is to detail the potential of the market in each geographical location and within each market segment individually, providing vendors with a map of where the best opportunities lie. In order to put a value on the potential, it was crucial to have a firm grasp of the current state of the market and its expected trajectory of development. In order to predict the market, researchers are closely comparing production and consumption habits. Other aspects analyzed to forecast the market are the expansion of the adjacent market, revenue growth of the top market vendors, scenario-based analysis, and market segment growth.
The market size was estimated using both a top-down and bottom-up strategy, and the results were verified by in-depth interviews with market participants. Market characteristics such as segment aggregation, segment contribution to Diversified Materials, and vendor share were used to derive Specialty Chemicals. To determine the growth of the market elements such as drivers, trends, constraints, and opportunities were discovered, and the influence of these factors was examined to determine the market growth. We evaluated the yearly expansion of the market to get a feel for its dynamics. Growth patterns were also identified by comparing growth rates over time.
The rising demand for piezoelectric ceramics can be traced back in large part to the ever-increasing importance of high-performance sensors. When precise and trustworthy measurements are necessary, high-performance sensors are indispensable. Piezoelectric ceramics are highly sensitive, thus they can accurately transform mechanical signals like pressure, force, or vibration into electrical ones. Accurate measurements are essential in many fields and industries, including process control in manufacturing, automotive testing, medical diagnostics, and environmental monitoring, making this precision all the more important.
The high price of piezoelectric ceramics is a major barrier to their use in more applications. Complex industrial procedures are required for the creation of high-quality piezoelectric ceramics. Raw material preparation, mixing, shaping, sintering, and poling are all examples of such processes. The cost of production rises with each additional stage because of the need for specialized tools and skilled labor. Piezoelectric ceramics require expensive inputs like lead zirconate titanate (PZT). The desired piezoelectric properties are achieved by carefully engineering the composition of these materials. The cost of these materials and their processing might add up to a large portion of the final price of the ceramics.
Due to the pandemic's effect on healthcare infrastructure, demand for some applications, like automobiles and consumer electronics, fell while demand for others, including medical devices and healthcare equipment, rose. As a result, the Piezoelectric ceramics market is predicted to grow in the approaching years as a result of the declining incidence of COVID-19 and the consequent initiatives implemented by government and non-government organizations.
The IoT revolution is increasing the demand for sensors and actuators that enable connectivity and intelligence in numerous applications. IoT devices, such as those used for environmental monitoring, structural health monitoring, and smart home systems, can benefit from the precise and quick sensing capabilities provided by piezoelectric ceramics. The IoT is a network of networked devices and systems that collect, exchange, and analyze data to enable intelligent decision-making and automation. Due to their exceptional sensing capabilities and energy-harvesting potential, piezoelectric ceramics play a crucial role in this ecosystem. The Internet of Things collects information about the real world through a vast network of sensors. Piezoelectric ceramics have the ability to transfer mechanical strain, pressure, or vibrations into electrical signals, allowing for precise and dynamic sensing. Piezoelectric sensors are useful in the environmental sector of the Internet of Things (IoT) ecosystem.
Report Coverage
Global Piezoelectric Ceramics research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Piezoelectric Ceramics report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Piezoelectric Ceramics competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Piezoelectric Ceramics market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Piezoelectric Ceramics market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Piezoelectric Ceramics market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
MURATA, TDK, MORGAN, TAIYO YUDEN, KYOCERA, CeramTec, PI Ceramic, Exelis, Sparkler Ceramics, KEPO Electronics, APC International, TRS, Noliac, SensorTech, Meggitt Sensing, Johnson Matthey, Kinetic Ceramics, Konghong Corporation, Jiakang Electronics, Datong Electronic, Audiowell, Honghua Electronic, Risun Electronic, Yuhai Electronic Ceramic, PANT, CTS Corporation, Physik Instrumente (PI) GmbH & Co., L3Harris Technologies, Inc, HOERBIGER Motion Control GmbH, Piezo Technologies.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Piezoelectric Ceramics market based on the below-mentioned segments:
Global Piezoelectric Ceramics Market, By Type
Lead Zirconate Titanate (PZT) Ceramics
Non-Lead Piezoelectric Ceramics
Single Crystal Piezoelectric Ceramics
Polymer-Based Piezoelectric Ceramics
Global Piezoelectric Ceramics market, By Application
Electronics and Semiconductor
Automotive and Transportation
Healthcare and Medical Devices
Industrial Manufacturing and Automation
Consumer Electronics
Aerospace and Defense
Global Piezoelectric Ceramics Market, By End User
Sensors
Actuators
Transducers
Energy Harvesting Devices
Piezoelectric Generators
Inkjet Printers
Piezoelectric Transformers
Sonar Systems
Communication Devices
Research and development
Others
Global Piezoelectric Ceramics market, Regional Analysis
The purpose of this research is to detail the potential of the market in each geographical location and within each market segment individually, providing vendors with a map of where the best opportunities lie. In order to put a value on the potential, it was crucial to have a firm grasp of the current state of the market and its expected trajectory of development. In order to predict the market, researchers are closely comparing production and consumption habits. Other aspects analyzed to forecast the market are the expansion of the adjacent market, revenue growth of the top market vendors, scenario-based analysis, and market segment growth.
The market size was estimated using both a top-down and bottom-up strategy, and the results were verified by in-depth interviews with market participants. Market characteristics such as segment aggregation, segment contribution to Diversified Materials, and vendor share were used to derive Specialty Chemicals. To determine the growth of the market elements such as drivers, trends, constraints, and opportunities were discovered, and the influence of these factors was examined to determine the market growth. We evaluated the yearly expansion of the market to get a feel for its dynamics. Growth patterns were also identified by comparing growth rates over time.
The rising demand for piezoelectric ceramics can be traced back in large part to the ever-increasing importance of high-performance sensors. When precise and trustworthy measurements are necessary, high-performance sensors are indispensable. Piezoelectric ceramics are highly sensitive, thus they can accurately transform mechanical signals like pressure, force, or vibration into electrical ones. Accurate measurements are essential in many fields and industries, including process control in manufacturing, automotive testing, medical diagnostics, and environmental monitoring, making this precision all the more important.
The high price of piezoelectric ceramics is a major barrier to their use in more applications. Complex industrial procedures are required for the creation of high-quality piezoelectric ceramics. Raw material preparation, mixing, shaping, sintering, and poling are all examples of such processes. The cost of production rises with each additional stage because of the need for specialized tools and skilled labor. Piezoelectric ceramics require expensive inputs like lead zirconate titanate (PZT). The desired piezoelectric properties are achieved by carefully engineering the composition of these materials. The cost of these materials and their processing might add up to a large portion of the final price of the ceramics.
Due to the pandemic's effect on healthcare infrastructure, demand for some applications, like automobiles and consumer electronics, fell while demand for others, including medical devices and healthcare equipment, rose. As a result, the Piezoelectric ceramics market is predicted to grow in the approaching years as a result of the declining incidence of COVID-19 and the consequent initiatives implemented by government and non-government organizations.
The IoT revolution is increasing the demand for sensors and actuators that enable connectivity and intelligence in numerous applications. IoT devices, such as those used for environmental monitoring, structural health monitoring, and smart home systems, can benefit from the precise and quick sensing capabilities provided by piezoelectric ceramics. The IoT is a network of networked devices and systems that collect, exchange, and analyze data to enable intelligent decision-making and automation. Due to their exceptional sensing capabilities and energy-harvesting potential, piezoelectric ceramics play a crucial role in this ecosystem. The Internet of Things collects information about the real world through a vast network of sensors. Piezoelectric ceramics have the ability to transfer mechanical strain, pressure, or vibrations into electrical signals, allowing for precise and dynamic sensing. Piezoelectric sensors are useful in the environmental sector of the Internet of Things (IoT) ecosystem.
Report Coverage
Global Piezoelectric Ceramics research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Piezoelectric Ceramics report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Piezoelectric Ceramics competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Piezoelectric Ceramics market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | MURATA, TDK, MORGAN, TAIYO YUDEN, KYOCERA, CeramTec, PI Ceramic, Exelis, Sparkler Ceramics, KEPO Electronics, APC International, TRS, Noliac, SensorTech, Meggitt Sensing, Johnson Matthey, Kinetic Ceramics, Konghong Corporation, Jiakang Electronics, Datong Electronic, Audiowell, Honghua Electronic, Risun Electronic, Yuhai Electronic Ceramic, PANT, CTS Corporation, Physik Instrumente (PI) GmbH & Co., L3Harris Technologies, Inc, HOERBIGER Motion Control GmbH, Piezo Technologies. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Piezoelectric Ceramics Market from 2021 to 2030.
- Market Forecast for Piezoelectric Ceramics Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Piezoelectric Ceramics competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Piezoelectric Ceramics
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Piezoelectric Ceramics market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Piezoelectric Ceramics market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
MURATA, TDK, MORGAN, TAIYO YUDEN, KYOCERA, CeramTec, PI Ceramic, Exelis, Sparkler Ceramics, KEPO Electronics, APC International, TRS, Noliac, SensorTech, Meggitt Sensing, Johnson Matthey, Kinetic Ceramics, Konghong Corporation, Jiakang Electronics, Datong Electronic, Audiowell, Honghua Electronic, Risun Electronic, Yuhai Electronic Ceramic, PANT, CTS Corporation, Physik Instrumente (PI) GmbH & Co., L3Harris Technologies, Inc, HOERBIGER Motion Control GmbH, Piezo Technologies.
Primary Target Market
- Market Players of Piezoelectric Ceramics
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Piezoelectric Ceramics market based on the below-mentioned segments:
Global Piezoelectric Ceramics Market, By Type
Lead Zirconate Titanate (PZT) Ceramics
Non-Lead Piezoelectric Ceramics
Single Crystal Piezoelectric Ceramics
Polymer-Based Piezoelectric Ceramics
Global Piezoelectric Ceramics market, By Application
Electronics and Semiconductor
Automotive and Transportation
Healthcare and Medical Devices
Industrial Manufacturing and Automation
Consumer Electronics
Aerospace and Defense
Global Piezoelectric Ceramics Market, By End User
Sensors
Actuators
Transducers
Energy Harvesting Devices
Piezoelectric Generators
Inkjet Printers
Piezoelectric Transformers
Sonar Systems
Communication Devices
Research and development
Others
Global Piezoelectric Ceramics market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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