Home Industry Reports Custom Research Blogs About Us Contact us

Piezoelectric Materials Market Size & Share, By Product (Ceramics, Polymers, Composites), Application (Actuators, Sensors, Motors), End-use, Regional Forecast, Industry Players, Growth Statistics Report 2023-2030

Report ID: FBI 1081


Published Date: Aug-2023


Format : PDF, Excel

Market Outlook:

Piezoelectric Materials Market size surpassed USD 1.33 Billion in 2022 and is poised to reach USD 2.17 Billion, growing at over 5.2% CAGR between 2023 and 2030. The market is driven by various factors such as increased adoption in emerging industries and the growing demand for sensors and actuators.

Base Year Value (2022)

USD 1.33 Billion

18-23 x.x %
24-33 x.x %

CAGR (2023-2030)


18-23 x.x %
24-33 x.x %

Forecast Year Value (2030)

USD 2.17 Billion

18-23 x.x %
24-33 x.x %
Piezoelectric Materials Market

Historical Data Period


Piezoelectric Materials Market

Largest Region

North America

Piezoelectric Materials Market

Forecast Period


Get more details on this report -

Market Dynamics:

Growth Drivers & Opportunities:

1. Growing Demand for Piezoelectric Sensors: The increasing need for accurate and reliable sensors across various industries, including automotive, healthcare, consumer electronics, and aerospace, is driving the demand for piezoelectric materials. These materials offer excellent sensing capabilities, leading to their widespread adoption in diverse applications.

2. Technological Advancements: Ongoing advancements in piezoelectric technology have expanded its scope of application, enabling its usage in various industries. The development of high-performance piezoelectric materials with enhanced characteristics, such as improved sensitivity and response time, has opened up new opportunities in the market.

3. Adoption in Energy Harvesting: The rising focus on sustainable resources and alternative energy solutions has propelled the adoption of piezoelectric materials in energy harvesting applications. These materials can convert mechanical vibrations and pressure into electrical energy, providing a reliable source of power in remote or inaccessible locations.

4. Growing Healthcare Sector: The healthcare industry heavily relies on the accurate measurement of physiological parameters. Piezoelectric materials find significant utilization in medical devices, such as ultrasound transducers and biomedical sensors, driving the market growth.

Report Scope

Report CoverageDetails
Segments CoveredProduct, application, end-use, region
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledPI Ceramic GMBH, APC International, Ltd., Harris Corporation, CTS Corporation, Peizosystem Jena GmbH, CeramTec, Sparkler Ceramics, Noliac A/S, Piezomechanik Dr. Lutz Pickelmann GmbH, Mad City Labs, Inc.

Unlock insights tailored to your business with our bespoke market research solutions - Click to get your customized report now!


Industry Restraints & Challenges:

1. Cost Constraints: The high manufacturing cost of piezoelectric materials poses a challenge to the market growth, inhibiting their widespread adoption across various industries. Efforts to reduce material costs and enhance cost efficiencies are essential for market expansion.

2. Limited High-temperature Applications: Piezoelectric materials have temperature limitations, restricting their usage in high-temperature applications. The industry needs to invest in research and development to overcome these limitations and expand the potential applications in extreme environments.

3. Environmental Concerns: Some piezoelectric materials contain hazardous elements, raising environmental concerns during their manufacturing, usage, and disposal. Compliance with regulations and the development of environmentally friendly alternatives are crucial for sustainable growth in the market.

In conclusion, the piezoelectric materials market is expected to witness substantial growth driven by the increasing demand for sensors, advancements in technology, opportunities in energy harvesting, and the healthcare sector. However, challenges related to cost, temperature limitations, and environmental concerns need to be addressed for the market to reach its full potential.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Piezoelectric Materials Market
Piezoelectric Materials Market

Regional Forecast:

North America:

The piezoelectric materials market in North America is primarily driven by the high demand from the automotive and aerospace industries. The region's focus on technological advancements and investments in research and development activities contribute to market growth. Moreover, the presence of key market players and the adoption of piezoelectric technology in emerging applications further propel the market growth in this region.

Asia Pacific:

The Asia Pacific region is expected to witness significant growth in the piezoelectric materials market due to the rapid industrialization and expanding electronics and automotive sectors. Countries like China, Japan, and South Korea are major contributors to market growth in this region. Increasing investments in infrastructure development, rising disposable incomes, and the adoption of advanced technologies fuel the demand for piezoelectric materials.


Europe holds a notable share in the piezoelectric materials market, driven by the presence of well-established automotive, aerospace, and medical sectors. The region's focus on energy-efficient solutions, environmental regulations, and advancements in healthcare technologies contribute to market growth. Additionally, the presence of key market players and research institutions further support the expansion of the market in this region.

Get more details on this report -

Segmentation Analysis:

By Material:

- Ceramics: Ceramics are a popular piezoelectric material due to their high electromechanical coupling coefficient and excellent thermal stability. These materials are extensively used in various applications such as sensors, transducers, actuators, and energy harvesting devices. Sub-Segment: Lead Zirconate Titanate (PZT).

Lead Zirconate Titanate (PZT) is a widely used ceramic material in the piezoelectric industry. It offers high stiffness, exceptional piezoelectric properties, and a wide range of compositions that can be tailored to specific applications. PZT is commonly used in ultrasonic transducers for medical imaging, sonar systems, industrial sensors, and high-performance piezoelectric actuators.

By Application:

- Sensors: Piezoelectric sensors are crucial components in various industries including automotive, medical, aerospace, and consumer electronics. These sensors convert mechanical vibrations or pressures into electrical signals, enabling precise measurements. Sub-Segment: Pressure Sensors.

Pressure sensors, a sub-segment of piezoelectric sensors, are extensively used in applications that require accurate pressure measurements. These sensors find applications in industrial processes, automotive systems, HVAC systems, and aircraft flight controls. They offer numerous advantages such as high sensitivity, wide operating temperature range, and resistance to harsh environments.

By End-Use Industry:

- Automotive: The automotive industry utilizes piezoelectric materials in various applications to enhance safety, comfort, and energy efficiency. These materials are used in tire pressure monitoring systems, fuel injectors, ignition systems, and adaptive suspension systems. Sub-Segment: Energy Harvesting.

Energy harvesting, a sub-segment of piezoelectric applications in the automotive industry, involves converting mechanical energy, such as vibrations or shocks, into electrical energy. Piezoelectric materials integrated into the vehicle's suspension or body can capture wasted mechanical energy and convert it into usable electrical power for charging batteries or powering low-energy electronic components.

Get more details on this report -

Competitive Landscape:

The piezoelectric materials market is highly competitive with the presence of several global and regional players. Key market players include:

- APC International Ltd.

- CeramTec GmbH

- Exelis Inc.


- PiezoKinetics, Inc.

- PIEZO Systems, Inc.

- PI Ceramic GmbH


- US EuroTek, Inc.

- Morgan Advanced Materials

These players focus on research and development activities, strategic partnerships, mergers, and acquisitions to enhance their market presence and expand their product offerings. Growing demand for piezoelectric materials in various industries drives competition among market players to provide innovative solutions and maintain a competitive edge.

Our Clients

Why Choose Us

Specialized Expertise: Our team comprises industry experts with a deep understanding of your market segment. We bring specialized knowledge and experience that ensures our research and consulting services are tailored to your unique needs.

Customized Solutions: We understand that every client is different. That's why we offer customized research and consulting solutions designed specifically to address your challenges and capitalize on opportunities within your industry.

Proven Results: With a track record of successful projects and satisfied clients, we have demonstrated our ability to deliver tangible results. Our case studies and testimonials speak to our effectiveness in helping clients achieve their goals.

Cutting-Edge Methodologies: We leverage the latest methodologies and technologies to gather insights and drive informed decision-making. Our innovative approach ensures that you stay ahead of the curve and gain a competitive edge in your market.

Client-Centric Approach: Your satisfaction is our top priority. We prioritize open communication, responsiveness, and transparency to ensure that we not only meet but exceed your expectations at every stage of the engagement.

Continuous Innovation: We are committed to continuous improvement and staying at the forefront of our industry. Through ongoing learning, professional development, and investment in new technologies, we ensure that our services are always evolving to meet your evolving needs.

Value for Money: Our competitive pricing and flexible engagement models ensure that you get maximum value for your investment. We are committed to delivering high-quality results that help you achieve a strong return on your investment.

Select Licence Type

Single User

US$ 4250

Multi User

US$ 5050

Corporate User

US$ 6150

Piezoelectric Materials Market Size & Share, By Pr...

RD Code : 24