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Piezoelectric Ceramics Market Share

Report ID: GMI6458
Published Date: Aug 2023
Report Format: PDF

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Piezoelectric Ceramics Market Share

Some of the major players operating in the Piezoelectric ceramics market are:

Murata Manufacturing Co., Ltd.
TDK Corporation
Kyocera Corporation
APC International, Ltd.
CeramTec GmbH
Piezo Technologies
Morgan Advanced Materials
Physik Instrumente (PI) GmbH & Co. KG
CTS Corporation
Johnson Matthey
US EuroTek, Inc.
Meggitt Sensing Systems
Mad City Labs, Inc.
Sparkler Ceramics Pvt. Ltd
Exelis Inc.among others

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for piezoelectric ceramics was USD 1.2 billion in 2022 and will reach USD 2 billion by 2032 due to the expanding electronics sector and increasing demand for sensors, smartphones, and wearables worldwide.

Piezoelectric ceramics size from the lead zirconate titanate type segment reached USD 0.4 billion in 2022 impelled by rising adoption in high-performance applications.

The electronics and semiconductor application segment garnered 40% of the piezoelectric ceramics industry share in 2022 driven by the expanding electronics sector and the growing demand for actuators, transducers, and resonators.

U.S. piezoelectric ceramics size recorded USD 0.3 billion in 2022 and will witness substantial growth through 2032 due to the presence of well-established healthcare sector in the region.