Executive Summary
According to a research report published by Azoth Analytics in September 2022, the Global Piezoelectric Materials Market was valued at USD 1506.14 Million in the year 2021. Rapid adoption in the automobile industry, notably from production conglomerates like China, is significantly boosting demand. Due to the rise in the consumption of electronics across many different industrial verticals, demand for robust linear motors in the electronics & assembly sector is expected to surpass that of other sectors. The monitoring of structure health is one of the primary potential applications for piezoelectric materials. In the construction sector like buildings, bridges, and aeroplanes, tiny electronics are installed, and the devices are intended to function constantly for a number of years. All these factors are driving the piezoelectric materials market worldwide in every application, and in every industry.
Active piezoelectric materials are becoming more popular in the automotive and healthcare sectors, however, the cost and availability are impeding this growth. Even the manufacturers anticipate further advancements as piezoelectric smart materials technology becomes more widely used. Consequently, the market's ability to expand will be hampered by the rising price of piezoelectric materials. Commodity price volatility may not just be a temporary phenomenon, as supplies of many raw materials are becoming harder to secure.
Based on the Material Type, Piezoceramics accounts for the largest share in the year 2022E. The most commonly used type of piezo ceramics is PZT (Lead Zirconate Titanate). PZT sensors exhibit most of the characteristics of ceramics, namely a high elastic modulus, brittleness and low tensile strength. PZT are quite popular in the market for consumption basis. There are many other piezoelectric ceramics available in the market that are quietly used such as Lithium Niobate, Gallium Arsenide, Zinc Oxide etc.
Scope of the Report
• The report presents the analysis of the Piezoelectric Materials market for the historical period of 2018-2021 and the forecast period of 2023-2028.
• The report analyses the Piezoelectric Materials Market by Value (USD Million).
• The report analyses the Piezoelectric Materials Market by Material Type (Piezoceramics, Piezopolymers, Piezocomposites, Others).
• The report analyses the Piezoelectric Materials Market by Application (Actuators, Sensors, Transducers, Generators, Motors, Others).
• The report analyses the Piezoelectric Materials Market by End-User (Automotive, Healthcare, IT & Telecom, Aerospace & Defense, Consumer Goods, Others).
• The Global Piezoelectric Materials Market has been analysed by countries (United States, Canada, Germany, France, United Kingdom, China, Japan, Taiwan, South Korea, India).
• The attractiveness of the market has been presented by region, Material Type, Application and End-User.
• Also, the major opportunities, trends, drivers and challenges of the industry have been analysed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include - CTS Corporation, L3Harris Technologies, CeramTec, Arkema S.A., Solvay S.A., TDK Corporation, Murata Manufacturing Co., Ltd., Meggitt plc, Johnson Matthey, APC International, Ltd.
Key Target Audience
• Piezoelectric Material Companies
• Consulting and Advisory Firms
• Government and Policy Makers
• Regulatory Authorities
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Global Piezoelectric Materials Market: Product Overview
4. Global Piezoelectric Materials Market Analysis
4.1 Market Size, By Value, Year 2018H-2028F
4.2 Global Piezoelectric Materials Market: Growth & Forecast
4.3 Global Piezoelectric Materials Market: Ecosystem Factors
4.4 Global Piezoelectric Materials Market: Market Indicators
4.5 Global Piezoelectric Materials Market: Company Developments
4.6 Impact of COVID-19 on Global Piezoelectric Materials Market
5. Global Piezoelectric Materials Market: Segmental Analysis
5.1 Global Piezoelectric Materials Market By Material Type
5.1.1 Competitive Scenario of Global Piezoelectric Materials Market: By Material Type (2022E & 2028F)
5.1.2 By Piezoceramics - Market Size and Forecast (2018H-2028F)
5.1.3 By Piezopolymers - Market Size and Forecast (2018H-2028F)
5.1.4 By Piezocomposites - Market Size and Forecast (2018H-2028F)
5.1.5 By Others - Market Size and Forecast (2018H-2028F)
5.2 Global Piezoelectric Materials Market By Application
5.2.1 Competitive Scenario of Global Piezoelectric Materials Market: By Application (2022E & 2028F)
5.2.2 By Actuators - Market Size and Forecast (2018H-2028F)
5.2.3 By Sensors - Market Size and Forecast (2018H-2028F)
5.2.4 By Transducers - Market Size and Forecast (2018H-2028F)
5.2.5 By Generators - Market Size and Forecast (2018H-2028F)
5.2.6 By Motors - Market Size and Forecast (2018H-2028F)
5.2.7 By Others - Market Size and Forecast (2018H-2028F)
5.3 Global Piezoelectric Materials Market By End-User
5.3.1 Competitive Scenario of Global Piezoelectric Materials Market: By End-User (2022E & 2028F)
5.3.2 By Automotive - Market Size and Forecast (2018H-2028F)
5.3.3 By Healthcare - Market Size and Forecast (2018H-2028F)
5.3.4 By IT & Telecom - Market Size and Forecast (2018H-2028F)
5.3.5 By Aerospace & Defense - Market Size and Forecast (2018H-2028F)
5.3.6 By Consumer Goods - Market Size and Forecast (2018H-2028F)
5.3.7 By Others - Market Size and Forecast (2018H-2028F)
6. Global Piezoelectric Materials Market: Regional Analysis
6.1 Competitive Scenario of Global Piezoelectric Materials Market: By Region (2022E & 2028F)
7. North America Piezoelectric Materials Market: An Analysis (2018-2028F)
7.1 North America Piezoelectric Materials Market: Ecosystem Factors
7.2 North America Piezoelectric Materials Market: Market Indicators
7.3 North America Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
7.4 North America Piezoelectric Materials Market: Key Player Developments
7.5 North America Piezoelectric Materials Market: Prominent Companies
8. North America Piezoelectric Materials Market: Segmental Analysis
8.1 North America Market Segmentation By Material Type (Piezoceramics, Piezopolymers, Piezocomposites, Others )
8.2 North America Market Segmentation By Application (Actuators, Sensors, Transducers, Generators, Motors, Others )
8.3 North America Market Segmentation By End-User (Automotive, Healthcare, IT & Telecom, Aerospace & Defense, Consumer Goods, Others)
9. North America Piezoelectric Materials Market: Country Analysis
9.1 Market Opportunity Chart of North America Piezoelectric Materials Market - By Country, By Value (Year-2028F)
9.2 Competitive Scenario of North America Piezoelectric Materials: By Country (2022E & 2028F)
9.3 United States Piezoelectric Materials Market: Market Indicators and Key Player Developments
9.4 United States Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
9.5 United States Piezoelectric Materials Market Segmentation: By Material Type, By Application, By End-User
9.6 Canada Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
9.7 Canada Piezoelectric Materials Market Segmentation: By Material Type, By Application, By End-User
10. Europe Piezoelectric Materials Market: An Analysis (2018-2028F)
10.1 Europe Piezoelectric Materials Market: Market Indicators
10.2 Europe Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
10.3 Europe Piezoelectric Materials Market: Prominent Companies
11. Europe Piezoelectric Materials Market: Segmental Analysis
11.1 Europe Market Segmentation By Material Type (Piezoceramics, Piezopolymers, Piezocomposites, Others )
11.2 Europe Market Segmentation By Application (Actuators, Sensors, Transducers, Generators, Motors, Others )
11.3 Europe Market Segmentation By End-User (Automotive, Healthcare, IT & Telecom, Aerospace & Defense, Consumer Goods, Others)
12. Europe Piezoelectric Materials Market: Country Analysis
12.1 Market Opportunity Chart of Europe Piezoelectric Materials Market - By Country, By Value (Year-2028F)
12.2 Competitive Scenario of Europe Piezoelectric Materials: By Country (2022E & 2028F)
12.3 Germany Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
12.4 Germany Piezoelectric Materials Market Segmentation: By Material Type, By Application, By End-User
12.5 France Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
12.6 France Piezoelectric Materials Market Segmentation: By Material Type, By Application, By End-User
12.7 United Kingdom Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
12.8 United Kingdom Piezoelectric Materials Market Segmentation: By Material Type, By Application, By End-User
13. Asia Pacific Piezoelectric Materials Market: An Analysis (2018-2028F)
13.1 Asia pacific Piezoelectric Materials Market: Market Indicators
13.2 Asia pacific Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
13.3 Asia pacific Piezoelectric Materials Market: Prominent Companies
14. Asia pacific Piezoelectric Materials Market: Segment Analysis
14.1 Asia Pacific Market Segmentation By Material Type (Piezoceramics, Piezopolymers, Piezocomposites, Others )
14.2 Asia Pacific Market Segmentation By Application (Actuators, Sensors, Transducers, Generators, Motors, Others)
14.3 Asia Pacific Market Segmentation By End-User (Automotive, Healthcare, IT & Telecom, Aerospace & Defense, Consumer Goods, Others)
15. Asia Pacific Piezoelectric Materials Market: Country Analysis
15.1 Market Opportunity Chart of Asia Pacific Piezoelectric Materials Market - By Country, By Value (Year 2028F)
15.2 Competitive Scenario of Asia Pacific Piezoelectric Materials: By Country (2022E & 2028F)
15.3 China Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
15.4 China Piezoelectric Materials Market Segmentation: By Material Type, By Application, By End-User
15.5 Japan Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
15.6 Japan Piezoelectric Materials Market Segmentation: By Material Type, By Application, By End-User
15.7 Taiwan Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
15.8 Taiwan Piezoelectric Materials Market Segmentation: By Material Type, By Application, By End-User
15.9 South Korea Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
15.10 South Korea Piezoelectric Materials Market Segmentation: By Material Type, By Application, By End-User
15.11 India Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
15.12 India Piezoelectric Materials Market Segmentation: By Material Type, By Application, By End-User
16. Latin America, Middle East & Africa Piezoelectric Materials Market Analysis
16.1 Latin America, Middle East & Africa Piezoelectric Materials Market: Market Indicators
16.2 Latin America, Middle East & Africa Piezoelectric Materials Market: Size and Forecast (2018H-2028F)
17. Global Piezoelectric Materials Market Dynamics
17.1 Global Piezoelectric Materials Market Drivers
17.2 Global Piezoelectric Materials Market Restraint
17.3 Global Piezoelectric Materials Market Trends
18. Market Attractiveness
18.1 Market Attractiveness Chart of Global Piezoelectric Materials Market - By Material Type (Year 2028F)
18.2 Market Attractiveness Chart of Global Piezoelectric Materials Market - By Application (Year 2028F)
18.3 Market Attractiveness Chart of Global Piezoelectric Materials Market - By End-User (Year 2028F)
18.4 Market Attractiveness Chart of Global Piezoelectric Materials Market - By Region, Year-2028F)
19. Piezoelectric Materials Market: Price Analysis
20. Competitive Landscape
20.1 Market Share Analysis
21. Company Profiles (Business Description, Financial Analysis, Business Strategy)
21.1 CTS Corporation
21.2 L3Harris Technologies
21.3 CeramTec
21.4 Arkema S.A.
21.5 Solvay S.A.
21.6 TDK Corporation
21.7 Murata Manufacturing Co., Ltd.
21.8 Meggitt plc
21.9 Johnson Matthey
21.10 APC International, Ltd.
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