Piezoelectric Ceramics: Meeting the Growing Industry Needs

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Piezoelectric Ceramics Market Analysis 2024
Size, Share, Competitive Landscape by Key
Segmentation, Outlook Expert
Review Piezoelectric ceramics are a type of
functional material with the unique property of
generating an electric charge in response to
applied mechanical stress (known as the direct
piezoelectric effect) and vice versa (known as
the inverse piezoelectric effect). This unique
characteristic makes piezoelectric ceramics
highly valuable in various industries. The
Piezoelectric Ceramics Market size is estimated
to be USD 1.4 billion in 2023 and projected to
reach USD 1.8 billion by 2028, at a CAGR of 4.9,
between 2023 and 2028.
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sp?id146130307 The Piezoelectric Ceramics
Industry refers to the sector involved in the
manufacturing, development, and application of
piezoelectric ceramic materials and components.
These materials are widely used
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• in different end-use industries due to their
  ability to convert mechanical energy into
  electrical signals and vice versa, making them
  essential in a variety of applications,
  including
• Sensors and Transducers Piezoelectric ceramics
  are used in sensors to detect changes in
  pressure, acceleration, or force. They are
  commonly used in automotive airbag deployment
  systems, ultrasonic distance sensors, and
  accelerometers for consumer electronics.
• Actuators Piezoelectric ceramics can act as
  actuators, converting electrical energy into
• mechanical motion. They are used in precision
  positioning systems, microfluidic control
  devices, and adaptive optics in telescopes.
• Energy Harvesting Piezoelectric ceramics can be
  used to generate electrical energy from
  mechanical vibrations. They are employed in
  energy harvesting devices for powering wireless
  sensors, wearable devices, and low-power
  electronics.
• Medical Devices Piezoelectric ceramics are
  utilized in medical applications such as
  ultrasound imaging transducers, piezoelectric
  pumps, and nebulizers.
• Industrial Manufacturing In industrial settings,
  piezoelectric ceramics are used for precise
  control in robotics, flow meters, and thickness
  gauges.
• Consumer Electronics Piezoelectric ceramics are
  found in various consumer electronics,
• including piezoelectric buzzers, microphones, and
  haptic feedback devices.

• List of Key Players in Piezoelectric Ceramics
  Market
• KYOCERA Corporation (Japan)
• CeramTec GmbH (Germany)
• CTS Corporation (US)
• Murata Manufacturing Co., Ltd (Japan)
• TDK Corporation (Japan)
• Physik Instrumente (PI) GmbH Co. (Germany)
• APC International, Ltd (US)
• L3Harris Technologies, Inc (US)
• HOERBIGER Motion Control GmbH (Germany)
• Piezo Technologies (US).
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KYOCERA Corporation KYOCERA Corporation is a
leading manufacturer of fine ceramics. The
company's expertise in ceramic materials and
advanced manufacturing processes has enabled it
to produce reliable and precise piezoelectric
ceramic components that meet the demanding
requirements of various industries. The company
provides two types of piezo device structures,
one is a single-plate type, and the other is a
multi-layer type, both of which are made of PZT
ceramics (lead zirconate titanate). The company
has a widespread geographic presence and
comprises more than 294 subsidiaries globally.
Kyocera Corporation is one of the leading
manufacturers of piezoelectric ceramics and has
maintained a strong position among key
competitors. It focuses on safety, performance,
and high expenditure on RD to provide customers
with effective and efficient products. Investment
and acquisition are among the key business
strategies used by the company to further
strengthen its market positioning. In October
2021, KYOCERA Corporation build two additional
production facilities at its Kokubu plant campus
in Kagoshima, Japan. This has helped the company
to strengthen its geographical presence in Asia
Pacific region. The area of one factory will be
5,174 m2 and another will be 6,996 m2 and
company has invested USD 97 million in these
production facilites

• .
• Drivers, Opportunities and Challenges in
  Piezoelectric Ceramics Market
• Drivers Growing need for high-performance
  sensors
• Restraint High cost of piezoelectric ceramics
  material
• Challenges Limited raw material options
• Opportunity Emergence of Internet of Things
  (IoT) technology
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• Lead zirconate titanate is the largest segment in
  the piezoelectric ceramic market in 2023. Lead
  zirconate titanate (PZT) is widely regarded as
  one of the most prominent and fastest-growing
  piezoelectric materials in the industry. PZT
  belongs to the family of perovskite-structured
  ceramics and is composed of lead, zirconium, and
  titanium oxides. It exhibits exceptional
  piezoelectric

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properties, making it highly desirable for a wide
range of applications. PZT materials have some of
the highest piezoelectric coefficients among
ceramic materials, enabling efficient conversion
between mechanical energy and electrical energy.
This high sensitivity and responsiveness make PZT
ideal for various applications that require
precise sensing, actuation, and control. Asia
Pacific is the largest piezoelectric ceramics
market in 2022. The Asia Pacific region is
witnessing significant growth in the
piezoelectric ceramics market, emerging as the
largest market for these materials. The Asia
Pacific region is a global hub for electronics
and automotive industries, which are major
consumers of piezoelectric ceramics. The region
is home to many prominent consumer electronics
companies and automotive manufacturers. The
increasing demand for consumer electronic
devices, including smartphones, wearables, and
IoT devices, as well as the growing automotive
sector, is driving the need for piezoelectric
ceramics. The regions strong presence in these
industries fuels the growth of the piezoelectric
ceramics market.

• The report provides insights on the following
  pointers
• Market Penetration Comprehensive information on
  the product portfolios of the top players in the
  Piezoelectric Ceramics market.
• Product Development/Innovation Detailed insights
  on the upcoming technologies, RD activities,
  and product launches in the market.
• Competitive Assessment In-depth assessment of
  the market strategies, geographic and business
  segments of the leading players in the market.
• Market Development Comprehensive information
  about emerging markets. This report analyzes the
  market for various segments across geographies.

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• Market Diversification Exhaustive information
  about new products, untapped geographies, recent
  developments, and investments in the
  Piezoelectric Ceramics market.
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• Table of Contents
• Executive Summary
• Scope/opportunities of the Piezoelectric Ceramics
  Market Report
• Research Methodology
• Piezoelectric Ceramics Market Landscape
• SWOT Analysis
• Market Sizing
• Piezoelectric Ceramics Market Segmentation
• Customer Landscape
• Regional Landscape
• Business Decision Framework
• Drivers And Challenges
• Piezoelectric Ceramics Market Key Trends