Global Piezo Ceramic Market Growth 2023-2029
The piezoelectric ceramic is a kind of functional ceramic materials which can create electricity when subjected to a mechanical stress. They will also work in reverse, generating a strain by the application of an electric field. In sensors they make it possible to convert forces, pressures and accelerations into electrical signals, and in sonic and ultrasonic transducers and actuators they convert electric voltages into vibrations or deformations.
LPI (LP Information)' newest research report, the “Piezo Ceramic Industry Forecast” looks at past sales and reviews total world Piezo Ceramic sales in 2022, providing a comprehensive analysis by region and market sector of projected Piezo Ceramic sales for 2023 through 2029. With Piezo Ceramic sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Piezo Ceramic industry.
This Insight Report provides a comprehensive analysis of the global Piezo Ceramic landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Piezo Ceramic portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Piezo Ceramic market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Piezo Ceramic and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Piezo Ceramic.
The global Piezo Ceramic market size is projected to grow from US$ 8995 million in 2022 to US$ 11790 million in 2029; it is expected to grow at a CAGR of 11790 from 2023 to 2029.
Global Piezo Ceramic key players include TDK, MURATA, MORGAN, Konghong Corporation, TAIYO YUDEN, etc. Global top five manufacturers hold a share about 50%. Japan is the largest market, with a share about 40%, followed by China, with a share about 20 percent. In terms of product, Lead Magnesium Niobate (PMN) is the largest segment, with a share about 40%. And in terms of application, the largest application is Information & Telecommunication, followed by Industrial & Manufacturing, Automotive, Medical Devices, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Piezo Ceramic market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Lead zinc titanates (PZT)
Lead titanate (PT)
Lead magnesium niobate (PMN)
Segmentation by application
Industrial &Manufacturing
Automotive
Information & Telecommunication
Medical Devices
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
MURATA
TDK
MORGAN
Konghong
TAIYO YUDEN
KYOCERA
CeramTec
Exelis
Noliac
TRS
KEPO Electronics
APC International
Smart Material
Jiakang Electronics
SensorTech
Meggitt Sensing
Sparkler Ceramics
Johnson Matthey
PI Ceramic
Datong Electronic
Honghua Electronic
Audiowell
Risun Electronic
PANT
Yuhai Electronic Ceramic
Key Questions Addressed in this Report
What is the 10-year outlook for the global Piezo Ceramic market?
What factors are driving Piezo Ceramic market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Piezo Ceramic market opportunities vary by end market size?
How does Piezo Ceramic break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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