Global and China Piezoelectric Ceramics Market Size, Capacity, Production and Revenue Analysis Report 2020


The global and China piezoelectric market is expected to witness exponential growth over the forecast years owing to the emerging demand for piezoceramic devices and increasing government funding. Upcoming of advanced harvesting techniques and increasing automotive sector is cited to propel the demand for the industry over the next seven years. Rapid R&D and innovations by the manufacturers has led to the miniaturization of technology which has significantly impacted the market positively.

Piezoceramics are increasingly incorporated and commercially viable piezoelectric material because they exhibit properties of large displacements and induce high electric voltages as compared to the conventional ceramic materials such as berlinite, topaz, and quartz. Additionally, piezoceramic materials can be easily customized according to customer specifications. Cost effective is another alarming feature of the piezoelectric ceramics owing to which it is essentially preferred matter used for manufacturing of piezoelectric devices. Attributing to this piezoceramic material accounted for a high market share in the year 2014.

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Technological advancements by the manufacturers have led to the development of piezoelectric actuator devices which is anticipated to propel the piezoelectric market over the forecast period. These actuators facilitate a vast number of benefits including resolution, speed, reliability, vacuum compatibility and size. Also, an increasing number of application of piezo actuators used in microactuators medical tools for surgery purposes is estimated to fuel the demand for the industry. Piezoelectric actuators experience a wide variety of applications such as microgrippers in the manufacturing of miniaturized material like stents along with high-temperature actuators used as diesel injector valves in various automotive.

Piezoelectric devices for manufacturing and industrial applications are mature markets that comprise of the largest market share among all the application of technology. Piezoelectric sensors, transducers, actuators and motors have numerous applications for the industrial processes. Emerging demand for precision and accuracy in the manufacturing sector is an essential driving factor the piezoelectric market. Advanced technologies including micromotion along with integrated thin films are essentially fueling the demand for piezo motors in manufacturing industry as they facilitate better performance than the conventional motors. The transducers are largely employed repeatable and accurate measurement devised for various ranges. Additionally, transducers are used for various temperature application including gas & oil service, injection molding, chemical production, steel production and die casting.

The Asia-Pacific region is anticipated to account for the highest market share of piezoelectric devices over the forecast period. This can be substantially attributed to high scale production of piezo crystals in the region. APAC produces approximately 2 billion piezo crystals annually. These crystals are integrated into consumer electronics. India and China exhibit sizeable market opportunities in the APAC region owing to the increasing adoption and utilization of portable electronic technology and increasing information and digitization markets. Rising demand for these devices in the medical sectors the Asia-Pacific region is projected to escalate the market for the industry. Rapid urbanization coupled with increasing investments made by the healthcare solution providers is a major driving factor for the increasing demand for advanced surgical tools and medical solutions deploying piezoelectric devices.

Notable players in the market are Exelis, Inc., (U.S), Piezo Solutions (U.S), Mad City Labs, Inc. (U.S), APC International, Inc. (U.S), US Eurotek, Inc (U.S), CeraTec GmbH (Germany), Piezomechanik GmbH (Germany), Morgan Advanced Materials (U.K) and PI (Germany).

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