Market Overview:
The global piezo materials market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for piezo materials in automotive, industrial manufacturing, and healthcare applications. In addition, the growing demand for soft and hard piezo materials is also contributing to the growth of the global piezo materials market. The soft Piezo material segment is expected to grow at a CAGR of 7.0% from 2018 to 2030, while the hard Piezo material segment is projected to grow at a CAGR of 5.8% during the same period. The automotive application segment is expected to dominate the global Piezo Materials Market by 2030 with a share of more than 30%.
Product Definition:
Piezo materials are materials that can generate an electric potential in response to mechanical stress. This potential can then be used to create an electric current or voltage. Piezo materials are important because they can be used to convert mechanical energy into electrical energy, which can be used for a variety of purposes such as powering sensors or actuators.
Soft Piezo Materials:
Piezo materials are a class of piezoelectric ceramic-based solid solutions that find wide application in transducers, sensors and actuators. Piezo materials exhibit superior properties such as high-temperature stability, low hysteresis loss and broad bandwidth over a large range of frequencies. These features make them suitable for use in various applications including consumer electronics and automotive industry.
Hard Piezo Materials:
Hard piezo materials are ceramic-based or glass-based polymers that exhibit piezoelectric properties under applied stress. Piezo materials find application in a wide range of industries including packaging, automotive, electronics & semiconductors and healthcare. The growing demand for electronic devices with high precision is expected to drive the market over the forecast period.
Piezo materials have applications across various sectors owing to their unique features such as lightweight, low cost.
Application Insights:
The automotive segment dominated the global piezo materials market in terms of revenue share in 2017. The growth can be attributed to extensive usage of Piezoelectric Ceramics (PZE) and Piezo-Electrochemical Materials (PEM) for various applications such as infotainment, HVAC, engine vibration control, and active noise cancellation. In addition, rising demand for electric vehicles is expected to drive the industry over the forecast period.
The industrial manufacturing segment accounted for a significant share in 2017 owing to growing utilization of PZT products that exhibit properties such as high electrical resistivity and low thermal conductivity which make them suitable for use across harsh industrial environments.
Regional Analysis:
North America piezo materials market is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing demand for high-quality products from various end-use industries such as automotive, consumer electronics, and others. In addition, rising R&D activities in the region are likely to drive industry expansion over the next eight years.
The Asia Pacific piezo materials market is anticipated to witness substantial growth during the forecast period owing to rapid industrialization and developing manufacturing sector in countries such as China and India. In addition, growing automobile production in these countries coupled with favorable government regulations is further expected to drive product demand during the forecast period.
Growth Factors:
- Increasing demand for piezo materials in medical and automotive applications
- Rising demand from Asia Pacific region
- Growing use of piezo materials in energy harvesting and conversion applications
- Technological advancements in the field of piezoelectric materials
- Increasing adoption of piezo actuators and sensors across various industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Piezo Materials Market Research Report
By Type
Soft Piezo Materials, Hard Piezo Materials
By Application
Automotive, Industrial Manufacturing, Pharma & Healthcare, Others
By Companies
TDK, Exelis, Morgan Advanced Materials, Physik Instrumente (PI), CeramTec, Piezo Systems, Mad City Labs, EuroTek, CTS, MURATA, TAIYO YUDEN, KYOCERA, Sparkler Ceramics, KEPO Electronics, APC International, TRS, Noliac, SensorTech, Meggitt Sensing, Johnson Matthey, Kinetic Ceramics, Konghong Corporation, Jiakang Electronics, Datong Electronic, Audiowell, Honghua Electronic, Risun Electronic, Yuhai Electronic Ceramic, PANT
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Piezo Materials Market Report Segments:
The global Piezo Materials market is segmented on the basis of:
Types
Soft Piezo Materials, Hard Piezo Materials
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Industrial Manufacturing, Pharma & Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TDK
- Exelis
- Morgan Advanced Materials
- Physik Instrumente (PI)
- CeramTec
- Piezo Systems
- Mad City Labs
- EuroTek
- CTS
- MURATA
- TAIYO YUDEN
- KYOCERA
- Sparkler Ceramics
- KEPO Electronics
- APC International
- TRS
- Noliac
- SensorTech
- Meggitt Sensing
- Johnson Matthey
- Kinetic Ceramics
- Konghong Corporation
- Jiakang Electronics
- Datong Electronic
- Audiowell
- Honghua Electronic
- Risun Electronic
- Yuhai Electronic Ceramic
- PANT
Highlights of The Piezo Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soft Piezo Materials
- Hard Piezo Materials
- By Application:
- Automotive
- Industrial Manufacturing
- Pharma & Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Piezo Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Some of the major players in the piezo materials market are TDK, Exelis, Morgan Advanced Materials, Physik Instrumente (PI), CeramTec, Piezo Systems, Mad City Labs, EuroTek, CTS, MURATA, TAIYO YUDEN, KYOCERA, Sparkler Ceramics, KEPO Electronics, APC International, TRS, Noliac, SensorTech, Meggitt Sensing, Johnson Matthey, Kinetic Ceramics, Konghong Corporation, Jiakang Electronics, Datong Electronic, Audiowell, Honghua Electronic, Risun Electronic, Yuhai Electronic Ceramic, PANT.
The piezo materials market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Piezo Materials Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Piezo Materials Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Piezo Materials Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Piezo Materials Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Piezo Materials Market Size & Forecast, 2018-2028 4.5.1 Piezo Materials Market Size and Y-o-Y Growth 4.5.2 Piezo Materials Market Absolute $ Opportunity
Chapter 5 Global Piezo Materials Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Piezo Materials Market Size Forecast by Type
5.2.1 Soft Piezo Materials
5.2.2 Hard Piezo Materials
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Piezo Materials Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Piezo Materials Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Industrial Manufacturing
6.2.3 Pharma & Healthcare
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Piezo Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Piezo Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Piezo Materials Analysis and Forecast
9.1 Introduction
9.2 North America Piezo Materials Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Piezo Materials Market Size Forecast by Type
9.6.1 Soft Piezo Materials
9.6.2 Hard Piezo Materials
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Piezo Materials Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Industrial Manufacturing
9.10.3 Pharma & Healthcare
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Piezo Materials Analysis and Forecast
10.1 Introduction
10.2 Europe Piezo Materials Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Piezo Materials Market Size Forecast by Type
10.6.1 Soft Piezo Materials
10.6.2 Hard Piezo Materials
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Piezo Materials Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Industrial Manufacturing
10.10.3 Pharma & Healthcare
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Piezo Materials Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Piezo Materials Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Piezo Materials Market Size Forecast by Type
11.6.1 Soft Piezo Materials
11.6.2 Hard Piezo Materials
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Piezo Materials Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Industrial Manufacturing
11.10.3 Pharma & Healthcare
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Piezo Materials Analysis and Forecast
12.1 Introduction
12.2 Latin America Piezo Materials Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Piezo Materials Market Size Forecast by Type
12.6.1 Soft Piezo Materials
12.6.2 Hard Piezo Materials
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Piezo Materials Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Industrial Manufacturing
12.10.3 Pharma & Healthcare
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Piezo Materials Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Piezo Materials Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Piezo Materials Market Size Forecast by Type
13.6.1 Soft Piezo Materials
13.6.2 Hard Piezo Materials
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Piezo Materials Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Industrial Manufacturing
13.10.3 Pharma & Healthcare
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Piezo Materials Market: Competitive Dashboard
14.2 Global Piezo Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TDK
14.3.2 Exelis
14.3.3 Morgan Advanced Materials
14.3.4 Physik Instrumente (PI)
14.3.5 CeramTec
14.3.6 Piezo Systems
14.3.7 Mad City Labs
14.3.8 EuroTek
14.3.9 CTS
14.3.10 MURATA
14.3.11 TAIYO YUDEN
14.3.12 KYOCERA
14.3.13 Sparkler Ceramics
14.3.14 KEPO Electronics
14.3.15 APC International
14.3.16 TRS
14.3.17 Noliac
14.3.18 SensorTech
14.3.19 Meggitt Sensing
14.3.20 Johnson Matthey
14.3.21 Kinetic Ceramics
14.3.22 Konghong Corporation
14.3.23 Jiakang Electronics
14.3.24 Datong Electronic
14.3.25 Audiowell
14.3.26 Honghua Electronic
14.3.27 Risun Electronic
14.3.28 Yuhai Electronic Ceramic
14.3.29 PANT