Global Piezoelectric Devices Market Size, Share and Trends Analysis Report, by Material (Piezoelectric Ceramics, Crystals, Polymers, and Composites), by Product Type (Actuators, Transducers, Sensors, Generators, Motors, and Others), by Elements (Disc, Rings, and Plates), by Effects (Direct Piezoelectric Effect, and Converse Piezoelectric Effect), and by Application (Aerospace and Defense, Industrial and Manufacturing, Automotive, Healthcare, Information and Communication, Consumer Electronics, and Others), Forecast Period (2022-2028)
The global piezoelectric devices market is anticipated to grow at a CAGR of 4.3 % during the forecast period. A piezoelectric device is one of the systems that uses the piezoelectric effect to convert pressure, acceleration, temperature, strain, or force to an electric charge. These piezoelectric devices are used for process control, quality management, and research and development in a variety of industries, including aerospace, nuclear instrumentation, and medical. Piezoceramics is the basic material of piezoelectric devices, that are used in the automotive industry to control combustion when designing internal combustion engines.
The increased use of piezoelectric devices in applications such as cell phones, low power and portable energy sources in the healthcare sector, structural health monitoring, electronic notebooks, computer disc drives, and robotics is expected to create opportunities for this market. Several factors such as emerging applications of piezoelectric energy harvesting devices, as well as investor and government funding, will create growth opportunities for the piezoelectric devices market. However, the high costs of this material, such as lead-based ceramics and piezo crystals, may disrupt the global market.
Among the items, demand for piezoelectric is anticipated to raise at the fastest groeth Due to widely used piezoelectric generators are used in a variety of portable medical devices to monitor blood sugar, medication, and vital signs. The growing demand for such generators in consumer electronic devices is expected to accelerate the growth of the piezoelectric device market.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Material
- By Product Type
- By Elements
- By Effects
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- APC International Ltd., CeramTec GmbH, CTS CORP.,L3HARRIS TECHNOLOGIES INC., and Physik Instrumente (PI) GmbH & Co. KG., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Piezoelectric Devices Market Report by Segment
By Material
- Piezoelectric Ceramics
- Piezoelectric Crystals
- Piezoelectric Polymers
- Piezoelectric Composites
By Product Type
- Actuators
- Transducers
- Sensors
- Generators
- Motors
- Others
By Elements
- Disc
- Rings
- Plates
By Effects
- Direct Piezoelectric Effect
- Converse Piezoelectric Effect
By Application
- Aerospace and Defense
- Industrial and Manufacturing
- Automotive
- Healthcare
- Information and Communication
- Consumer Electronics
- Others
Global Piezoelectric Devices Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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