Piezoelectric Ceramics Market Research Report Information By Type (Barium Titanate, Potassium Niobate, Sodium Tungstate, Lead Zirconate Titanate (PZT), Others), By End User (Consumer Electronics, Industry & Manufacturing, Automotive, Medical, Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Industry Size, Share and Trends Till 2032

Global Piezoelectric Ceramics Market Overview

Piezoelectric Ceramics Market Size was valued at USD 1.20 Billion in 2022. The piezoelectric ceramics market industry is projected to grow from USD 1.26 Billion in 2023 to USD 1.91 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.30% during the forecast period (2023 - 2032). Expanding electronics Industry and advancements in medical devices are the key market drivers enhancing the market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Piezoelectric Ceramics Market Trends

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  Rising expanding electronics industry is anticipated the market growth

  
  

Market CAGR for expanding electronics industry has been a primary driver of the piezoelectric ceramics market. According to the International Data Corporation (IDC), global spending on information technology (IT) is projected to reach double growth in 2022, with a significant portion dedicated to consumer electronics, smartphones, and computing devices. These devices incorporate piezoelectric ceramics in components like sensors, enabling touch sensitivity and gesture recognition. Moreover, as smartphones and IoT devices become more prevalent, the demand for smaller, more efficient piezoelectric components continues to rise. Thus, driving the piezoelectric ceramics market revenue.

In addition, the medical device industry has been a key growth driver for piezoelectric ceramics. Piezoelectric ceramics are crucial in applications like ultrasound transducers, enabling high-quality medical imaging. Furthermore, the market for medical devices such as piezoelectric pumps and diagnostic sensors, which utilize piezoelectric ceramics, has been expanding due to increased healthcare spending and technological advancements in healthcare systems.

Moreover, the automotive industry is another significant contributor to the piezoelectric ceramics market. Data from the International Organization of Motor Vehicle Manufacturers (OICA) shows that global automobile production reached over 77 million units in 2020. Piezoelectric ceramics find application in airbag sensors, tire pressure monitoring systems, and fuel injection technologies, all of which are integral to automotive safety and efficiency. The shift toward electric vehicles (EVs) and smart automotive technologies is expected to further drive the demand for piezoelectric ceramics in this sector.

Piezoelectric Ceramics Market Segment Insights

Piezoelectric Ceramics Type Insights

The Piezoelectric Ceramics Market segmentation, based on Type includes Barium Titanates, Potassium Niobate, Sodium Tungstate, Lead Zirconate Titanate (PZT), Others. The Barium Titanates segment dominated the market in 2022 due to the rising penetration devices such as automotive applications developing countries which support the market growth.

Piezoelectric Ceramics End User Insights

The Piezoelectric Ceramics Market segmentation, based on End User, includes Consumer Electronics, Industry & Manufacturing, Automotive, Medical, Others. The industry & manufacturing category generated the most income in 2022 due to the widespread adoption of ultrasound & NDT and energy harvesting.

Figure 1: Piezoelectric Ceramics Market, by End User, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Piezoelectric Ceramics Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American piezoelectric ceramics market area will dominate this market, due to the presence of many big market players including Aerotech, Inc., APC International, Ltd., and CeramTec GmbH. In addition, continued growth of the electronics industry, driven by the increasing demand for consumer electronics, sensors, and actuators, has been a significant driver of the piezoelectric ceramics market. These ceramics are used in various electronic components like sensors, transducers, and resonators.

Further, the major countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: PIEZOELECTRIC CERAMICS MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Piezoelectric Ceramics market accounts for the second-largest market share due to the rising demand for healthcare industry has seen the integration of piezoelectric ceramics in medical devices such as ultrasound machines, piezoelectric pumps, and diagnostic sensors. Further, the Germany Piezoelectric Ceramics market held the largest market share, and the UK Piezoelectric Ceramics market was the fastest growing market in the European region.

The Asia-Pacific Piezoelectric Ceramics market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the expansion of businesses into global markets, as the automotive industry continues to innovate with features like autonomous vehicles and electrification, the demand for piezoelectric ceramics in this sector is likely to increase. Moreover, China’s Piezoelectric Ceramics market held the largest market share, and the Indian Piezoelectric Ceramics market was the fastest growing market in the Asia-Pacific region.

Piezoelectric Ceramics Key Market Players & Competitive Insights

Leading market players are investing heavily in advanced technologies in order to expand their Barium Titanates, Potassium Niobate, Sodium Tungstate, Lead Zirconate Titanate (PZT), Others which will help the piezoelectric ceramics market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new barium titanate launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, piezoelectric ceramics industry must offer cost-effective barium titanates.

Developing product locally to minimize operational costs is one of the key business tactics used by key players in the global piezoelectric ceramics industry to benefit clients and increase the market sector. In recent years, the piezoelectric ceramics industry has offered some of the most significant advantages to enterprises. Major players in the Piezoelectric Ceramics market, including Aerotech, Inc., APC International, Ltd., CeramTec GmbH, CTS Corporation, Kistler Group, L3harris Technologies, Inc., Mad City Labs, Inc, Physik Instrumente (PI) GmbH & Co. KG., Piezo Technologies, piezosystem jena GmbH, and others, are attempting to increase market demand by investing in research and development operations.

Aerotech, Inc. is a renowned precision motion control and automation solutions provider based in the United States. The company specializes in designing, manufacturing, and delivering high-precision motion systems, stages, and controllers for various industries, including aerospace, medical, semiconductor, and industrial manufacturing. Aerotech's solutions are known for their exceptional accuracy and reliability, making them vital components in applications where precise motion control is critical. With a commitment to innovation, Aerotech has established itself as a trusted partner for organizations seeking to enhance their manufacturing processes and achieve the highest levels of precision and productivity.

APC International, Ltd. is a global leader in the field of piezoelectric ceramics and transducer components. The company is dedicated to the research, development, and production of high-quality piezoelectric materials and components that have a wide range of applications across industries such as medical devices, ultrasonics, non-destructive testing, and sensors. APC International, Ltd. is known for its expertise in piezoelectric technology, offering advanced materials and custom solutions that enable clients to harness the unique properties of piezoelectricity for their specific applications. With a commitment to quality and innovation, APC International, Ltd. plays a pivotal role in supporting technological advancements and product development in industries where piezoelectric materials are essential.

Key Companies in the Piezoelectric Ceramics market include

• Aerotech, Inc.


• APC International, Ltd.


• CeramTec GmbH


• CTS Corporation


• Kistler Group


• L3harris Technologies, Inc.


• Mad City Labs, Inc


• Physik Instrumente (PI) GmbH & Co. KG.


• Piezo Technologies


• piezosystem jena GmbH

Piezoelectric Ceramics Industry Developments

In 2023: CTS Corporation has acquired maglab AG a Switzerland-based innovator in electric vehicle sensors. This acquisition has helped the company to strengthen its product portfolio in the automotive application in the Europe region.

In 2022: CTS Corporation acquired Ferroperm Piezoceramics from Meggitt PLC Denmark based high-quality and innovative piezoceramic technology. This has helped the company to strengthen its geographical presence in Europe and North America.

In 2021: KYOCERA Corporation started construction of a new research and development center in January 2021 at its Kokubu campus in Kirishima City, Kagoshima, Japan. Kyocera has executed a location agreement with the mayor of Kirishima City for the new R&D center, which will focus on innovations in the fields of information and communications, environmental preservation, and smart energy.

In 2021: KYOCERA Corporation announced an investment of USD  97 million to build two additional production facilities at its Kokubu plant campus in Kagoshima, Japan. The area of one factory will be 5,174 m2 and another will be 6,996 m2. This has helped the company to strengthened its geographical presence in Asia Pacific region.

Piezoelectric Ceramics Market Segmentation

Piezoelectric Ceramics Type Outlook

• Barium Titanate


• Potassium Niobate


• Sodium Tungstate


• Lead Zirconate Titanate (PZT)


• Others

Piezoelectric Ceramics End User Outlook

• Consumer Electronics


• Industry & Manufacturing


• Automotive


• Medical


• Others

Piezoelectric Ceramics Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America
  
  
  
  

Report Scope:

Report Attribute/Metric	Details
Market Size 2022	USD 1.20 Billion
Market Size 2023	USD 1.26 Billion
Market Size 2032	USD 1.91 Billion
Compound Annual Growth Rate (CAGR)	5.30% (2023-2032)
Base Year	2022
Market Forecast Period	2023-2032
Historical Data	2018- 2022
Market Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered	Type, End User, and Region
Geographies Covered	North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered	The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled	Aerotech, Inc., APC International, Ltd., CeramTec GmbH, CTS Corporation, Kistler Group, L3harris Technologies, Inc., Mad City Labs, Inc, Physik Instrumente (PI) GmbH & Co. KG., Piezo Technologies, piezosystem jena GmbH, and others
Key Market Opportunities	·       Emerging applications of piezoelectric ceramics in the robotics and automation industry
Key Market Dynamics	·       Increasing demand for piezoelectric ceramics in consumer electronics, such as smartphones, tablets, and wearables

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