Piezoelectric Ceramics Market by Type, End-Use

List of Tables

[196 Pages Report] The Piezoelectric Ceramics Market size was estimated at USD 1.53 billion in 2023 and expected to reach USD 1.59 billion in 2024, at a CAGR 4.58% to reach USD 2.09 billion by 2030.

Global Piezoelectric Ceramics Market

KEY MARKET STATISTICS
Base Year [2023]	USD 1.53 billion
Estimated Year [2024]	USD 1.59 billion
Forecast Year [2030]	USD 2.09 billion
CAGR (%)	4.58%

Piezoelectric ceramics are primarily fabricated from lead zirconate titanate (PZT) and other related compounds. These materials can generate an electric charge in response to applied mechanical stress, enabling their widespread use in various sensing, actuating, and energy-harvesting applications across diverse industries. Piezoelectric ceramics are smart materials with wide applications in various smart systems and mechatronic devices. These materials can sense changes in pressure and strain in the surrounding environment and generate corresponding electrical responses. Growing demand from end-use enterprises and rising adoption of miniaturized and energy-efficient electronic devices are expected to increase the market demand. Advancements in material science and manufacturing processes and supportive government policies promoting clean energy production and environmental sustainability drive market growth. However, High manufacturing costs associated with complex processing techniques and Concerns over the toxicity of certain raw materials may hamper the market growth. The development of innovative piezoelectric materials with enhanced performance characteristics and Integration of IoT into piezoelectric sensors, actuators, and automation systems create a lucrative market opportunity in the forecasted period.

Regional Insights

The Americas region has experienced a lucrative market landscape in the piezoelectric ceramics market owing to several research initiatives and investments by the government in piezoelectric ceramics technology and support for researchers working on piezoelectric-based devices. The EU is exceptionally active in developing novel applications for piezoelectric ceramic materials through dedicated research programs that encourage collaboration among academia and industries to accelerate the growth of advanced materials. Piezoceramic markets in the Middle East and Africa are witnessing growth due to increasing demand from sectors such as automotive electronics, medical devices, aerospace applications, and defense systems. Institutions have invested significantly in research and development for piezoelectric ceramics technology. The APAC region holds significant potential for the piezoelectric ceramics market due to its strong manufacturing base and exports. Government support and initiatives in various policies to support domestic companies engaged in advanced materials research. The presence of key market players for developing cutting-edge piezoelectric technologies, its strong emphasis on research and development (R&D), and rapid industrialization, coupled with government initiatives, have accelerated demand for sophisticated electronic devices and components, including piezoelectric ceramics in the APAC region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Piezoelectric Ceramics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Piezoelectric Ceramics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Piezoelectric Ceramics Market, highlighting leading vendors and their innovative profiles. These include APC International, Ltd., Argo Technology Co., Ltd., ARKEMA INC., CeramTec GmbH, HONDA ELECTRONICS Co.,LTD., KYOCERA Corporation, L3Harris Technologies, Inc., Meggitt PLC., Mide Technology Corporation, Murata Manufacturing Co., Ltd., Omega Piezo Technologies, Piezo Kinetics, Inc., Piezosystem Jena GmbH, Sensor Technology, Siansonic Technology Limited, Solvay S.A., Sparkler Ceramics Pvt. Ltd., TDK Electronics AG, TRS Technologies, Inc., and Zibo Yuhai Electronic Ceramic Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Piezoelectric Ceramics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Barium Titanate
- Lead Zirconate Titanate (PZT)
- Potassium Niobate
- Sodium Tungstate
End-Use
- Automotive
- Consumer Electronics
- Industry & Manufacturing
- Medical
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Piezoelectric Ceramics Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Piezoelectric Ceramics Market?

3. What are the technology trends and regulatory frameworks in the Piezoelectric Ceramics Market?

4. What is the market share of the leading vendors in the Piezoelectric Ceramics Market?

5. Which modes and strategic moves are suitable for entering the Piezoelectric Ceramics Market?

Product Code: MRR-A579C431592A

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Piezoelectric Ceramics Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for advanced sensing technologies in automotive sector
  - 5.1.1.2. Growing adoption of MEMS and miniaturized devices
  - 5.1.1.3. Rising focus on renewable energy generation
- 5.1.2. Restraints
  - 5.1.2.1. High production costs for piezoelectric ceramics
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing research to explore sustainable piezoelectric materials
  - 5.1.3.2. Utilization of nanotechnology for fabrication of piezoelectric materials
- 5.1.4. Challenges
  - 5.1.4.1. Stringent environmental regulations concerning the use of toxic raw materials for the production of piezoelectric ceramics
5.2. Market Segmentation Analysis
- 5.2.1. Type: Potassium niobate provides eco-friendly benefits as a lead-free material
- 5.2.2. End-Use: Potential use of piezoelectric ceramics in the automotive industry to enhance vehicle performance and efficiency
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Piezoelectric Ceramics Market, by Type

6.1. Introduction
6.2. Barium Titanate
6.3. Lead Zirconate Titanate (PZT)
6.4. Potassium Niobate
6.5. Sodium Tungstate

7. Piezoelectric Ceramics Market, by End-Use

7.1. Introduction
7.2. Automotive
7.3. Consumer Electronics
7.4. Industry & Manufacturing
7.5. Medical

8. Americas Piezoelectric Ceramics Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Piezoelectric Ceramics Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Piezoelectric Ceramics Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
- 11.3.1. Merger & Acquisition
  - 11.3.1.1. CTS Completes Ferroperm Piezoceramics Acquisition
- 11.3.2. New Product Launch & Enhancement
  - 11.3.2.1. Piezoelectric Ceramics Go Textured
- 11.3.3. Investment & Funding
  - 11.3.3.1. Ionix Advanced Technologies Secures UK Government Funding for Cutting-Edge Development of Lead-Free Piezoceramic Materials

12. Competitive Portfolio

12.1. Key Company Profiles
- 12.1.1. APC International, Ltd.
- 12.1.2. Argo Technology Co., Ltd.
- 12.1.3. ARKEMA INC.
- 12.1.4. CeramTec GmbH
- 12.1.5. HONDA ELECTRONICS Co.,LTD.
- 12.1.6. KYOCERA Corporation
- 12.1.7. L3Harris Technologies, Inc.
- 12.1.8. Meggitt PLC.
- 12.1.9. Mide Technology Corporation
- 12.1.10. Murata Manufacturing Co., Ltd.
- 12.1.11. Omega Piezo Technologies
- 12.1.12. Piezo Kinetics, Inc.
- 12.1.13. Piezosystem Jena GmbH
- 12.1.14. Sensor Technology
- 12.1.15. Siansonic Technology Limited
- 12.1.16. Solvay S.A.
- 12.1.17. Sparkler Ceramics Pvt. Ltd.
- 12.1.18. TDK Electronics AG
- 12.1.19. TRS Technologies, Inc.
- 12.1.20. Zibo Yuhai Electronic Ceramic Co., Ltd.
12.2. Key Product Portfolio

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing