PUBLISHER: Market Research Future | PRODUCT CODE: 1499357
PUBLISHER: Market Research Future | PRODUCT CODE: 1499357
Global Piezoelectric Ceramics Market Research Report By Type (Barium Titanate, Potassium Niobate, Sodium Tungstate, Lead Zirconate Titanate (PZT), Others), By Category (Piezoelectric Generators{ Single Layer Generators, Multilayer Generators}, Piezoelectric Sensors{ Active Sensors, Passive Sensors}, Piezoelectric Actuators, Piezoelectric Transducers), By application (Voice Changer and Sound Transducers, Piezo Igniters, Piezo Detonator for Anti-Tank Weapons, Nuclear Safety Goggles, Ultrasonic surgical instruments, Antennas, Inkjet Printers, High-Power Electro Acoustic Devices, Flow & Level Sensors, Military Guidance Systems, Keyless Door Pads), by End Use (Electronic and Semiconductor Industry, Consumer Electronics Industry, Industrial Manufacturing, Automotive, Medical, and Others) - Forecast to 3032
In 2022, the piezoelectric ceramics market is expected to be USD 1,171.42 million. Exhibiting a compound yearly growth rate (CAGR) of 7.1%, the Piezoelectric Ceramics Market market is expected to rise from USD 1,308.48 Million in 2023 to USD 2,430.83 million by 2032.
Ferroelectric ceramics having a piezoelectric effect resulting from the polarization treatment of polycrystals produced by mixing oxide (zirconia, lead oxide, titanium oxide, etc.), with high-temperature sintering and solidification are referred to as piezoelectric ceramic. Piezoelectric ceramics have been extensively used in sensors, ultrasonic transducers, micro displacement devices, and other electronic components, as a major force, heat, electricity, and light-sensitive functional material, with good mechanical and stable piezoelectric characteristics.
Research into lead-free substitutes has been spurred by environmental issues related to the use of lead in piezoelectric ceramics. Although lead-based piezoelectrics have been connected to environmental contamination and health risks close to mining sites, there is continuous discussion about the degree of the risk to human health. While some research stresses the environmental damage resulting from the mining and extraction of lead-based materials, others claim that there is no evidence that led-based piezoelectrics pose a concern to human health. Lead-free piezoelectric materials, such potassium sodium niobate (KNN), seek to solve these issues and lower the environmental effect of piezoelectric ceramics.
Insights for Market Segments
Type has helped the Piezoelectric Ceramics Market to be split into Barium Titanate, Potassium Niobate, Sodium Tungstate, Lead Zirconate Titanate (PZT) and Others.
Piezoelectric Generators, Piezoelectric Sensors, Piezoelectric Actuators, and Piezoelectric Transducers make up the Market based on Category.
Application-based segmentation of the Piezoelectric Ceramics Market includes Voice Changer and Sound Transducers, Piezo Igniters, Piezo Detonator for Anti-Tank Weapons, Nuclear Safety Goggles, Ultrasonic surgical instruments, Antennas, Inkjet Printers, High-Power Electro Acoustic Devices, Flow & Level Sensors, Military Guidance Systems, Keyless Door Pads, and Others.
The Piezoelectric Ceramics Market has been split according to End Use Vertical into Electronic and Semiconductor Industry, Consumer Electronics Industry, Industrial Manufacturing, Automotive, Medical, and Others.
Regional Notes
In 2022 Asia-Pacific will hold the biggest market share. With nations like China, Japan, South Korea, and Taiwan leading in the manufacture of different electronic components, Asia Pacific is known as a worldwide manufacturing hub. Strong production capacity and experience of this area make it perfect place to create piezoelectric ceramics.
North America's region benefiting from strong demand in several sectors, including healthcare, automotive, and aerospace, helps it to occupy a major part in the Piezoelectric Ceramics market. North America covers the study of US, Canada, and Mexico. Thanks to its advanced medical device and aerospace industries, the United States consumes a lot of piezoelectric ceramics.
Piezoelectric ceramic market is established and developed in Europe with maturity. Growing demand in many sectors like electronics, automotive, and healthcare has driven demand in the European Piezoelectric Ceramics market to show rise. A emphasis on energy collecting and technology development help to explain the expansion of the market.
Key Participants
Piezo Kinetics, Inc. (PKI), PI Ceramic GmbH, APC International, Ltd, Morgan Advanced Materials, CeramTec GmbH, Piezo Technologies, Piezomechanik GmbH, TDK Electronics AG, HE SHUAI, KYOCERA Corporation, Sensor Technology Ltd, CTS Corporation, Piezo Systems, Inc, Unictron Technologies Corporation, Niterra Co., Ltd, Zibo Yuhai Electronic Ceramic Co., Ltd, TAYCA Co., Ltd