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Piezoelectric Devices Market

ID: MRFR/SEM/0714-HCR
110 Pages
Ankit Gupta
October 2025

Piezoelectric Devices Market Research Report Information By Application (Sensors, Transducers, Energy harvesting, Motors, High voltage actuators), Vertical (Oil and Gas, Automotive, Aerospace and Defence, Medical and Healthcare, Communication), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2035.

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Piezoelectric Devices Market Summary

As per MRFR analysis, the Piezoelectric Devices Market Size was estimated at 37.98 USD Billion in 2024. The Piezoelectric Devices industry is projected to grow from 40.64 USD Billion in 2025 to 79.96 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 7.0 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Piezoelectric Devices Market is experiencing robust growth driven by technological advancements and diverse applications.

  • Technological advancements are propelling the development of innovative piezoelectric devices across various sectors.
  • North America remains the largest market, while Asia-Pacific is emerging as the fastest-growing region for piezoelectric applications.
  • The sensors segment holds the largest share, whereas the energy harvesting segment is witnessing the fastest growth in demand.
  • Key market drivers include the growing demand in consumer electronics and an increased focus on renewable energy solutions.

Market Size & Forecast

2024 Market Size 37.98 (USD Billion)
2035 Market Size 79.96 (USD Billion)
CAGR (2025 - 2035) 7.0%

Major Players

PI Piezoelectric Products (US), Meggitt PLC (GB), Texas Instruments (US), Kistler Group (CH), Thorlabs Inc. (US), CeramTec GmbH (DE), APC International, Ltd. (US), Piezosystem Jena GmbH (DE), Noliac A/S (DK)

Piezoelectric Devices Market Trends

The Piezoelectric Devices Market is currently experiencing a notable transformation, driven by advancements in technology and increasing applications across various sectors. The integration of piezoelectric materials in consumer electronics, automotive, and healthcare is becoming more prevalent, suggesting a shift towards more efficient and compact devices. This trend appears to be fueled by the growing demand for energy harvesting solutions and the need for precise sensing capabilities. As industries continue to innovate, the market is likely to expand, reflecting a broader acceptance of piezoelectric technologies. Moreover, the Piezoelectric Devices Market seems to be influenced by environmental considerations, as manufacturers seek sustainable alternatives to traditional materials. The emphasis on reducing carbon footprints and enhancing energy efficiency may lead to the development of new piezoelectric materials that are both effective and eco-friendly. This evolving landscape indicates a potential for significant growth, as stakeholders recognize the benefits of incorporating piezoelectric devices into their product lines. Overall, the market is poised for a dynamic future, characterized by innovation and a commitment to sustainability.

Technological Advancements

Recent innovations in piezoelectric materials and fabrication techniques are enhancing device performance. These advancements enable the development of smaller, more efficient devices that can be integrated into a wider array of applications, from consumer electronics to industrial machinery.

Sustainability Focus

There is a growing emphasis on environmentally friendly materials within the Piezoelectric Devices Market. Manufacturers are increasingly exploring sustainable alternatives, which may lead to the creation of new piezoelectric materials that align with global sustainability goals.

Diverse Applications

The range of applications for piezoelectric devices is expanding, particularly in sectors such as healthcare, automotive, and renewable energy. This diversification suggests that the market could see increased demand as industries recognize the advantages of piezoelectric technology.

Piezoelectric Devices Market Drivers

Market Growth Projections

The Global Piezoelectric Devices Market Industry is projected to experience substantial growth in the coming years. The market is expected to reach 38.0 USD Billion in 2024 and is anticipated to double to 80.0 USD Billion by 2035. This growth trajectory indicates a compound annual growth rate of 7.0% from 2025 to 2035. Such projections reflect the increasing adoption of piezoelectric devices across various sectors, including consumer electronics, healthcare, and industrial automation. The anticipated growth underscores the potential for innovation and expansion within the piezoelectric market, driven by technological advancements and evolving consumer demands.

Technological Advancements

The Global Piezoelectric Devices Market Industry is experiencing rapid technological advancements, particularly in materials and manufacturing processes. Innovations in piezoelectric materials, such as the development of lead-free ceramics, are enhancing device performance and expanding application areas. For instance, advancements in micro-electromechanical systems (MEMS) are enabling the integration of piezoelectric devices into compact electronic systems. This trend is likely to drive market growth, as the industry is projected to reach 38.0 USD Billion in 2024, with a compound annual growth rate of 7.0% anticipated from 2025 to 2035. Such developments suggest a robust future for piezoelectric applications across various sectors.

Expansion in Industrial Automation

The Global Piezoelectric Devices Market Industry is experiencing growth due to the expansion of industrial automation. Piezoelectric devices are integral to various automation processes, including robotics and precision control systems. Their ability to provide accurate motion control and feedback is enhancing productivity and efficiency in manufacturing environments. As industries increasingly adopt automation technologies, the demand for piezoelectric devices is expected to rise. This trend aligns with the overall market growth trajectory, which is projected to reach 38.0 USD Billion in 2024. The integration of piezoelectric solutions in industrial applications suggests a promising future for the market.

Increasing Applications in Healthcare

The Global Piezoelectric Devices Market Industry is increasingly finding applications in the healthcare sector, particularly in medical imaging and diagnostics. Piezoelectric materials are utilized in ultrasound devices, enabling high-resolution imaging and non-invasive diagnostics. The demand for advanced medical technologies is driving the adoption of piezoelectric devices, as they offer precision and reliability. Moreover, the ongoing development of portable and wearable medical devices is likely to further enhance market growth. As healthcare technology evolves, the piezoelectric segment is poised for expansion, contributing to the overall market growth forecasted to reach 80.0 USD Billion by 2035.

Growing Demand in Consumer Electronics

The Global Piezoelectric Devices Market Industry is witnessing a surge in demand from the consumer electronics sector. Devices such as smartphones, tablets, and wearables increasingly incorporate piezoelectric sensors and actuators for enhanced functionality. The integration of these devices improves user experience through features like touch sensitivity and haptic feedback. As the consumer electronics market continues to expand, the piezoelectric segment is expected to benefit significantly. This growth is reflected in the projected market value of 80.0 USD Billion by 2035, indicating a strong correlation between consumer electronics trends and piezoelectric device adoption.

Rising Demand for Energy Harvesting Solutions

The Global Piezoelectric Devices Market Industry is benefiting from the rising demand for energy harvesting solutions. Piezoelectric materials can convert mechanical energy from vibrations and movements into electrical energy, making them ideal for powering small devices in remote locations. This capability is particularly appealing in sectors such as automotive and industrial applications, where energy efficiency is paramount. The increasing focus on sustainable energy solutions is likely to propel the adoption of piezoelectric devices. As the market evolves, the potential for energy harvesting applications may significantly contribute to the projected market growth, with a CAGR of 7.0% anticipated from 2025 to 2035.

Market Segment Insights

By Application: Sensors (Largest) vs. Energy Harvesting (Fastest-Growing)

In the Piezoelectric Devices Market, the application segment is diversely divided among sensors, actuators, energy harvesting, ultrasonic devices, and medical devices. Sensors hold the largest market share, reflecting their wide-ranging applications across industries such as automotive, consumer electronics, and industrial automation. Actuators and ultrasonic devices follow, leveraging their functionalities in robotics and medical imaging respectively. Energy harvesting and medical devices, although smaller in share, are critical for innovative applications, especially in sustainable technologies and healthcare advancements. The growth trends in this segment are primarily driven by increasing automation demands and advancements in technology, pushing the boundaries of piezoelectric applications. Notably, energy harvesting is emerging as the fastest-growing segment due to its ability to provide sustainable power solutions, reducing reliance on traditional energy sources. Medical devices are also seeing growth, fueled by the rising demand for smart and wearable health monitoring solutions, which effectively utilizes piezoelectric technology.

Sensors (Dominant) vs. Energy Harvesting (Emerging)

Sensors are positioned as the dominant application in the Piezoelectric Devices Market due to their extensive utility across various industries. They provide critical functionality in detecting physical changes and are pivotal to automation, resulting in increased market penetration. In contrast, energy harvesting is an emerging application that captures attention for its potential to convert ambient energy into usable power. This application aligns well with the growing emphasis on sustainability and energy-efficient technologies, making it an attractive investment for future developments. While sensors are widely accepted and implemented, energy harvesting is anticipated to see rapid innovation and adoption, driven by a global shift towards renewable energy solutions, thus carving out its own significant niche in the market.

By End Use: Consumer Electronics (Largest) vs. Automotive (Fastest-Growing)

The Piezoelectric Devices Market reveals distinct variations in market share distribution across its end-use segments. Consumer Electronics holds the largest share, driven by the demand for advanced features in smart devices, audio equipment, and wearables. Automotive follows, with increasing integration of piezoelectric materials in electric and hybrid vehicles, though its share is smaller compared to consumer electronics. Industrial applications encompass various automation processes, contributing significantly, while Aerospace and Healthcare also capture notable, albeit smaller, portions of the market. Growth trends indicate a robust trajectory for the Piezoelectric Devices Market, primarily led by advancements in technology and the push for more sustainable solutions. The automotive sector is anticipated to witness rapid growth due to rising electric vehicle production and adoption. Additionally, the healthcare industry is leveraging piezoelectric devices for better diagnostic tools, while consumer electronics continue to innovate with new applications for sound and vibration technologies. Overall, the interplay of technology and consumer demand drives progress in this market segment.

Consumer Electronics: Dominant vs. Automotive: Emerging

Consumer Electronics stands as the dominant segment in the Piezoelectric Devices Market, characterized by its widespread application in a range of products such as smartphones, tablets, and smart wearables. The segment benefits from constant demand for innovative features that enhance user experience, such as high-definition sound and haptic feedback. As technology advances, Consumer Electronics is likely to continue leveraging piezoelectric materials for smarter device functionalities. Conversely, the Automotive segment, marked as emerging, is gaining traction with the rise of electric vehicles that utilize piezoelectric components for energy harvesting and efficient performance. As automotive manufacturers increasingly seek to incorporate advanced technologies into their vehicles, the market for piezoelectric devices in this sector is projected to expand significantly, driven by a shift toward sustainability and enhanced vehicle performance.

By Material Type: Ceramic (Largest) vs. Polymer (Fastest-Growing)

In the Piezoelectric Devices Market, the material type segmentation reveals that Ceramic is currently the largest segment, driven by its widespread application in various devices including sensors and actuators. Its robustness and reliability have made it a favorite among manufacturers. Polymer materials, on the other hand, are gaining traction due to their flexibility and lightweight properties, capturing the interest of innovative applications in consumer electronics and medical devices. Growth trends indicate that while Ceramic remains a staple, Polymer segments are expanding rapidly, fueled by advancements in material science and increasing demand for lightweight electronic components. This suggests a shifting preference towards materials that not only enhance performance but also contribute to the miniaturization of devices. The emerging growth of Composite materials also signifies an evolving landscape that may broaden applications in diverse fields.

Ceramic (Dominant) vs. Polymer (Emerging)

Ceramic materials are characterized by their high stability and reliability, making them the dominant choice in the Piezoelectric Devices Market. Their ability to withstand harsh conditions ensures longevity and optimal performance in a variety of applications, particularly in industrial and automotive sectors. Conversely, Polymer materials are emerging as significant players, attributed to their flexibility, lower manufacturing costs, and versatility. The innovations in polymer technology allow for the development of piezoelectric devices that can be integrated into advanced applications such as wearable electronics and smart sensors. This juxtaposition highlights a significant transition in preferences among manufacturers as they balance traditional reliability with modern requirements for adaptability and performance.

Get more detailed insights about Piezoelectric Devices Market

Regional Insights

North America : Market Leader in Innovation

North America is poised to maintain its leadership in the piezoelectric devices market, holding a significant market share of 15.0 in 2024. The region's growth is driven by increasing demand in sectors such as automotive, aerospace, and healthcare, alongside supportive regulatory frameworks that encourage technological advancements. The presence of key players and robust R&D investments further catalyze market expansion, making it a hub for innovation in piezoelectric technology. The United States stands out as the leading country in this region, with major companies like PI Piezoelectric Products, Texas Instruments, and Thorlabs Inc. driving competition. The competitive landscape is characterized by continuous innovation and strategic partnerships among these key players. As the market evolves, the focus on sustainable and efficient piezoelectric solutions is expected to shape future developments, ensuring North America's dominance in the global market.

Europe : Emerging Market with Growth Potential

Europe is witnessing a growing interest in piezoelectric devices, with a market size of 10.0 in 2024. The region's growth is fueled by increasing applications in industrial automation, consumer electronics, and renewable energy sectors. Regulatory support for sustainable technologies and innovation is a significant catalyst, encouraging investments in research and development. The European market is expected to expand as companies adapt to evolving consumer demands and environmental regulations. Germany and the UK are leading countries in this market, hosting key players like Kistler Group and Meggitt PLC. The competitive landscape is marked by a mix of established firms and emerging startups, fostering innovation and collaboration. As the market matures, the focus on high-performance and energy-efficient piezoelectric devices will drive further growth, positioning Europe as a vital player in the global landscape.

Asia-Pacific : Rapidly Growing Market Dynamics

Asia-Pacific is emerging as a significant player in the piezoelectric devices market, with a market size of 10.0 in 2024. The region's growth is driven by rapid industrialization, increasing demand for consumer electronics, and advancements in automotive technologies. Government initiatives promoting smart manufacturing and technological innovation are key regulatory catalysts that support market expansion. The region is expected to see substantial growth as it adapts to global trends in sustainability and efficiency. China and Japan are at the forefront of this market, with a strong presence of companies like Noliac A/S and Piezosystem Jena GmbH. The competitive landscape is characterized by a mix of local and international players, fostering a dynamic environment for innovation. As the market evolves, the focus on integrating piezoelectric devices into various applications will enhance the region's position in the global market.

Middle East and Africa : Emerging Market with Challenges

The Middle East and Africa region is gradually developing its piezoelectric devices market, with a market size of 2.98 in 2024. The growth is primarily driven by increasing investments in infrastructure and technology, alongside a rising demand for automation in various sectors. However, challenges such as limited awareness and technological adoption may hinder rapid growth. Regulatory frameworks are evolving, aiming to support innovation and attract foreign investments in the region. Countries like South Africa and the UAE are leading the way in adopting piezoelectric technologies, with a focus on enhancing industrial capabilities. The competitive landscape is still in its nascent stages, with opportunities for both local and international players to establish a foothold. As the market matures, the emphasis on sustainable and efficient solutions will be crucial for driving growth in this region.

Key Players and Competitive Insights

The Piezoelectric Devices Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing applications across various sectors, including automotive, healthcare, and consumer electronics. Key players are actively engaging in strategies that emphasize innovation and regional expansion, which collectively shape the market's competitive environment. For instance, in November 2025, PI Piezoelectric Products (US) announced the launch of a new line of high-performance piezoelectric actuators aimed at the aerospace sector, indicating a strong focus on specialized applications. Similarly, Meggitt PLC (GB) has been enhancing its product portfolio through strategic partnerships, which appear to bolster its market presence and technological capabilities.

The business tactics employed by these companies often include localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The market structure is moderately fragmented, with several players vying for market share, yet the influence of key players like Texas Instruments (US) and Kistler Group (CH) remains substantial. These companies are leveraging their extensive resources to innovate and capture emerging opportunities, thereby intensifying competition.

In October 2025, Texas Instruments (US) unveiled a new piezoelectric sensor technology designed for industrial automation applications. This strategic move not only showcases the company's commitment to innovation but also positions it to capitalize on the growing demand for smart manufacturing solutions. The introduction of this technology is likely to enhance operational efficiencies for clients, thereby reinforcing Texas Instruments' competitive edge.

In September 2025, Kistler Group (CH) expanded its global footprint by establishing a new manufacturing facility in Asia. This strategic expansion is indicative of the company's intent to tap into the rapidly growing Asian markets, which are witnessing increased demand for piezoelectric devices. By localizing production, Kistler Group aims to reduce lead times and improve service delivery, which could significantly enhance its competitive positioning in the region.

As of December 2025, the Piezoelectric Devices Market is witnessing trends that emphasize digitalization, sustainability, and the integration of AI technologies. Companies are increasingly forming strategic alliances to enhance their technological capabilities and market reach. This shift suggests a transition from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. As the market evolves, differentiation will likely hinge on the ability to deliver advanced solutions that meet the specific needs of diverse industries.

Key Companies in the Piezoelectric Devices Market market include

Industry Developments

  • Q2 2024: Material Breakthroughs Unlock High-Efficiency Piezoelectric Applications In 2024, Stanford researchers unveiled a bismuth ferrite-based material with 40% higher strain sensitivity than traditional PZT ceramics, enabling ultra-precise sensors for aerospace microactuators. Companies like CTS Corporation and TDK Corporation are commercializing lead-free alternatives such as potassium sodium niobate (KNN), complying with tightening EU regulations on hazardous substances.

Future Outlook

Piezoelectric Devices Market Future Outlook

The Piezoelectric Devices Market is projected to grow at a 7.0% CAGR from 2024 to 2035, driven by advancements in technology, increasing demand in automotive applications, and the rise of renewable energy solutions.

New opportunities lie in:

  • Development of smart sensors for industrial automation
  • Integration of piezoelectric materials in wearable health devices
  • Expansion into emerging markets with tailored product offerings

By 2035, the Piezoelectric Devices Market is expected to achieve substantial growth and innovation.

Market Segmentation

Piezoelectric Devices Market End Use Outlook

  • Consumer Electronics
  • Automotive
  • Industrial
  • Aerospace
  • Healthcare

Piezoelectric Devices Market Application Outlook

  • Sensors
  • Actuators
  • Energy Harvesting
  • Ultrasonic Devices
  • Medical Devices

Piezoelectric Devices Market Material Type Outlook

  • Ceramic
  • Polymer
  • Composite
  • Single Crystals
  • Metals

Report Scope

MARKET SIZE 202437.98(USD Billion)
MARKET SIZE 202540.64(USD Billion)
MARKET SIZE 203579.96(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)7.0% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledPI Piezoelectric Products (US), Meggitt PLC (GB), Texas Instruments (US), Kistler Group (CH), Thorlabs Inc. (US), CeramTec GmbH (DE), APC International, Ltd. (US), Piezosystem Jena GmbH (DE), Noliac A/S (DK)
Segments CoveredApplication, End Use, Material Type
Key Market OpportunitiesIntegration of advanced materials enhances performance in the Piezoelectric Devices Market.
Key Market DynamicsTechnological advancements and increasing demand for miniaturized devices drive growth in the Piezoelectric Devices Market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Ankit Gupta
Senior Research Analyst

Ankit Gupta is an analyst in market research industry in ICT and SEMI industry. With post-graduation in "Telecom and Marketing Management" and graduation in "Electronics and Telecommunication" vertical he is well versed with recent development in ICT industry as a whole. Having worked on more than 150+ reports including consultation for fortune 500 companies such as Microsoft and Rio Tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.

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FAQs

How much is the Piezoelectric Devices market?

The Piezoelectric Devices Market size was valued at USD 37.98 billion in 2024.

What is the growth rate of the Piezoelectric Devices market?

The global market is projected to grow at a CAGR of 7.00% during the forecast period, 2025 to 2035.

Which region held the largest market share in the Piezoelectric Devices market?

Asia Pacific had the largest share in the Piezoelectric Devices Market.

Who are the key players in the Piezoelectric Devices market?

The key players in the market are Piezosystem Jena, APC International, Ltd., Morgan Advanced Materials, Mad City Labs, Inc., Noliac A/S, CTS Corporation, Piezo Systems, Inc., Piezomechanik Dr. Lutz Pickelmann GmbH, and Physik Instrument.

Which application led the Piezoelectric Devices market?

The sensors category dominated the market in 2022.

Which vertical had the largest market share in the market?

The aerospace and defense had the largest share in the global market for Piezoelectric Devices.

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