PUBLISHER: Allied Market Research | PRODUCT CODE: 1414864
PUBLISHER: Allied Market Research | PRODUCT CODE: 1414864
According to a new report published by Allied Market Research, titled, "Piezoceramic Plates Market," The piezoceramic plates market was valued at $2 billion in 2022, and is estimated to reach $3.9 billion by 2032, growing at a CAGR of 6.8% from 2023 to 2032.
The consumer electronics sector has witnessed a substantial increase in the use of piezoceramic plates, propelling market growth. This surge can be attributed to their thin form factor, making them ideal for applications such as haptic feedback in smartphones, touch sensitivity in screens, and various other sensor functionalities. The increase in demand for more responsive and compact devices in consumer electronics has spurred the integration of piezoceramic plates to enhance user experiences. Their ability to contribute to more efficient and innovative features in smartphones, wearables, and other electronic gadgets positions them as key components in the rapidly evolving landscape of consumer technology.
In the Internet of Things (IoT), these plates play a crucial role in sensors for smart devices, contributing to the seamless integration of interconnected systems. In addition, in automotive technology, they are utilized in various sensors and actuators, contributing to safety features and energy-efficient systems. The versatility of piezoceramic plates, coupled with ongoing advancements in materials and manufacturing processes, opens up new opportunities in emerging technologies, ensuring their relevance across a spectrum of applications and industries during the forecast period.
The piezoceramic plates market is segmented into thickness (in mm), application, and region. On the basis of thickness (in mm), the market is divided into below 5, 5 to 10, and above 10. In 2022, the above 10 segment dominated the market, and is expected to acquire a major market share by 2032. On the basis of application, the market is categorized into sensor and actuators, energy harvesting, medical device, industrial applications, consumer electronics. The sensor and actuators segment acquired the largest share in 2022. The consumer electronics segment
is expected to grow at a significant CAGR from 2023 to 2032.
On the basis of region, the piezoceramic plates market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)On the basis of region, the Piezoceramic Plates Market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Competitive analysis and profiles of the major global piezoceramic plates market players that have been provided in the report include APC International, Ltd., CTS Corporation, Kyocera Corporation., Physik Instrumente (PI) GmbH & Co. KG., Sparkler Ceramics Pvt. Ltd., TDK Corporation, Steminc, Fuji Ceramics Corporation, Annon Piezo Technology Co.,Ltd., and Harbin Core Tomorrow Science and Technology Co., Ltd. The key strategies adopted by the major players of the Thermal biosensor market include product launch, and expansion.
Additional benefits you will get with this purchase are:
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)