Global Piezoceramic Market Growth 2023-2029

Global Piezoceramic 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 “Piezoceramic Industry Forecast” looks at past sales and reviews total world Piezoceramic sales in 2022, providing a comprehensive analysis by region and market sector of projected Piezoceramic sales for 2023 through 2029. With Piezoceramic sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Piezoceramic industry.

This Insight Report provides a comprehensive analysis of the global Piezoceramic 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 Piezoceramic portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Piezoceramic market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Piezoceramic 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 Piezoceramic.

The global Piezoceramic 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 Piezoceramic 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)
Others

Segmentation by application
Industrial & Manufacturing
Automotive
Information & Telecommunication
Medical Devices

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
TAIYO YUDEN
KYOCERA
CeramTec
PI Ceramic
Exelis
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Piezoceramic market?

What factors are driving Piezoceramic market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Piezoceramic market opportunities vary by end market size?

How does Piezoceramic 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.