The Global Piezoelectric Devices Market is anticipated to grow from USD 33.2 billion in 2023 to USD 53 billion in 2030 at a CAGR of 7.4% during the forecast period from 2025 to 2030.
Piezoelectric devices are a type of technology that harnesses the piezoelectric effect exhibited by certain materials. This effect refers to the ability of certain materials, such as crystals and ceramics, to generate an electric charge when subjected to mechanical pressure. Piezoelectric devices find a wide range of applications across various industries. The piezoelectric devices market is driven by emerging trends and evolving industry needs. The implantable medical devices, structural health monitoring systems including ultrasound imaging, development of miniature, flexible piezoelectric devices for wearable electronics , drug delivery systems, and surgical tools are the opportunities for expansion of this market. However, high development and manufacturing costs associated with piezoelectric devices is hampering the market growth.
Browse 62 market data Tables and 40 Figures spread through 206 Pages and in-depth TOC on Piezoelectric Devices Market By Product Type (Actuators, Motors, Sensors, Generators, Transducers and Others), By Material (Piezoelectric Crystals, Piezoelectric Ceramics, Piezoelectric Polymers, Piezoelectric Composites), By Element (Piezoelectric Discs, Piezoelectric Rings and Piezoelectric Plates), By End-User (Aerospace and Defence, Consumer Electronics, Information and Communication, Industrial and Manufacturing, Automotive and Healthcare) and By Geography (North America, Asia-Pacific, Europe and Rest of the World) - Global Forecast to 2030.
Segment / Key Players |
Categorization |
Product Type |
Actuators, Motors, Sensors, Generators, Transducers and Others |
Material |
Piezoelectric Crystals, Piezoelectric Ceramics, Piezoelectric Polymers, Piezoelectric Composites |
Element |
Piezoelectric Discs, Piezoelectric Rings and Piezoelectric Plates |
End-User |
Aerospace and Defense, Consumer Electronics, Information and Communication, Industrial and Manufacturing, Automotive and Healthcare |
Key Players |
CeramTec GmbH (Germany), Physik Instrumente (PI) GmbH & Co. KG. (Germany), CTS Corporation (US), Kistler Group (Switzerland), Piezosystem Jena GmbH (Germany), Aerotech Inc. (US), APC International, Ltd., (US), Piezo Technologies (US), Mad City Labs, Inc. (US) |
By product type, generators dominate the global Piezoelectric Devices market.
According to product type, the global Piezoelectric Devices Market segmentation includes Actuators, Motors, Sensors, Generators, Transducers and Others. The generators segment accounted for significant growth during the forecast period as these devices convert mechanical vibrations into electrical energy.
“Asia Pacific is anticipated to register the fastest CAGR during the forecast period, i.e., 2025-2030 in the global piezoelectric devices.”
Asia Pacific Piezoelectric Devices Market dominates the market due to the innovations in advanced technologies and expansion of industrial and manufacturing segment in emerging countries in the area.
Major players of Piezoelectric Devices Market are CeramTec GmbH (Germany), Physik Instrumente (PI) GmbH & Co. KG. (Germany), CTS Corporation (US), Kistler Group (Switzerland), Piezosystem Jena GmbH (Germany), Aerotech Inc. (US), APC International, Ltd., (US), Piezo Technologies (US), Mad City Labs, Inc. (US).
Recent Development by Key Players
Kistler Group (Switzerland) has launched a new piezoelectric sensor solution designed for angled structures such as airplane wings. The new cylindrical accelerometer 8775A is for the various requirements in aerospace applications like low noise threshold, high sensitivity and low weight.
Global piezoelectric devices market coverage (By Value)
Geographical Segmentation
Global Piezoeclectric Devices Market by Region