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Piezoelectric Devices Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: July, 2022
No of Pages: 165
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The piezoelectric devices market is expected to grow to USD 35.4 billion in 2026, up from the estimated value of US$ 28.7 billion as of 2021, with a CAGR of 4.3 percent from 2021 to 2026. As witnessed by the aerospace industry, a growing need for high-performance sensors and the increasing use of the piezoelectric energy harvesting mechanisms are among the main factors behind the expansion of the piezoelectric device market.

COVID-19’s Impact on the Global Piezoelectric Devices Market

The spread of COVID-19 hurt the piezoelectric device market by 2020, which led to reduced sales of piezoelectric gadgets. The result was a decrease in revenue generated by these devices. This led to a drop in the market’s overall growth in the first quarter of 2020. The trend remained through the first quarter of 2021. Piezoelectric demand for components and devices is predicted to increase with the increase in production and demand for electrical appliances, industrial machines, etc., during the third quarter of 2021.

Market Dynamics:

Driver: Growing demand for high-performance sensors is reflected by the aerospace industry

The aerospace industry’s players typically are typically the manufacmanufacturingand maintaining of commerce space vehicles, aircraft, and satellites. The aerospace industry needs innovative and modern strategies to boost the effectiveness, durability, and performance of aircraft and helicopters, planes, submarines, and others. Piezoelectric polymers are employed in the aerospace industry due to their strength in mechanical terms and lightweight, as well as their easy and quick processing, excellent chemical and thermal stability, and superior wear resistance. They also have exceptional capabilities for sensing and can be used to evaluate the quality of aircraft components. Polymer materials could be utilized as supporting materials in optical sensors, forming an integrated system for vehicle health that provides information on the state of vehicle components, subsystems, and structures. They can be passive, with sensors monitoring shifts in strain distribution and then interpreting the signals using an algorithm. They also may be active, where the piezoelectric actuator is placed on the polymer matrix composite surface and has sensors that respond within it. The sensors detect and analyze the presence of damage indicators and anomalies and can predict the likelihood of vehicle failures ahead of time. Therefore, self-powered, next-generation sensing devices play an essential role in detecting damage from collisions in various vehicles.

Piezoelectric crystal-ceramic and composite-based devices, like piezoelectric sensors, actuators transducers, motors, and generators, have applications within the aviation industry. They are used extensively in flapping and morphing parts in the wings of aircraft and the active damping and damping of high-frequency oscillations in the mechanical structure and health monitoring systems, as well as in designing compact seekers for missiles. Furthermore, piezoelectric sensors such as high-temperature sensors, u, ultrasonic, and pressure sensors aid in improving the efficiency of your fuel, cutting down on emissions carbon emissions and cutting down macuttingenance costs and failure maintenance costs e of the system. Additionally, low-frequency MEMSvibration sensors are used to check the health of missiles with low power. In addition, piezoelectric sensors are employed to test different parts of satellites. Therefore, aerospace companies require advanced sensing technology for better safety and reliability of aircraft structures and to reduce operational costs. The rapid technological advancements in the aerospace sector and the increasing demand for piezoelectric equipment are predicted to rise over the forecast time.

Restrictions: Government policies that require the use of lead-free piezoelectrics

Piezoelectric materials that do not have a lead oxide (PbO) in their composition are lead-free piezoelectric materials. Lead zirconate titanium (PZT) is one of the basic piezoelectric materials extensively used in different applications. Following the Restriction of hazardous substances (RoHS) directives issued by the European Union (EU), the use of PZT is to be controlled to limit its harmful impacts on the environment. Following the World Health Organization, lead is a toxic metal that seriously impacts human health, specifically for young children. It may harm bones, the brain and blood vessels, liver, teeth, and kidneys.

Furthermore, when lead is released into the air from aircraft engines or industrial sources and travels far distances before it settles on the earth, it is typically deposited upon soil material. Therefore, governments from various countries have implemented strict rules regarding the use of lead and other devices based on information. They are focusing on replacing lead-based products with eco-friendly, biocompatible alternatives.

Numerous government regulations have been adopted in response to this need; for instance, rules in the European Union include End-of-life Vehicles (ELV) in 2003 and the Restriction of hazardous substances (RoHS) regulations for Europe and China and waste generated by Electrical and Electronic Equipment (WEEE) in 2004 and the European RoHS directive (2006) restrict the use of harmful substances in electronic and electrical equipment, such as the lead (Pb). Regulations have been implemented to limit lead usage within commercial goods and will likely be more stringent shortly. In December, an exemption extension request was filed under the Umbrella Project that is which is a European initiative that numerous companies have backed. Consumers in the use of lead (Pb) in glass, ceramics, and electronic equipment, both Japanese and European organizations, ask that the exemption of lead (Pb) in these materials be extended to 2026. It is unclear at the moment whether the exemption granted under 7-C is grown or electronic equipment containing lead (Pb) can be sold on the European market following July 2021. Therefore, the strictness related to the utilization of information and the creation of lead-free materials that replace PZT is significant aspects that affect the development of the piezoelectric device market, as researching lead-free substances is not just time-consuming. However, it also demands enormous sums of capital.

Opportunities: Newer applications for piezoelectric polymers, piezoelectric motors, and actuators

A piezoelectric engine generates movement by changing its form due to the electrical field. Piezoelectric motors have many advantages, including the speed of their operation, resistance to outside forces, such as vibrations and shocks, small dimensions with high energy efficiency, easy and non-magnetic design, high resolution, long life, high compatibility with adverse environments, like extreme heat, humid and cold environments; high precision and the ability to lock themselves in the resting position. Additionally, they are vacuum-compliant and light and can provide more power and torque than electromagnetic motors. They are employed in various applications, including digital cameras to aid in zooming, autofocus, optical image stabilization nano and micro-positioning, and medical catheter positioning. Piezoelectric polymers are attracting a lot of attention because of their superior energy efficiency for applications requiring lightweight piezoelectric motors.

PVDF-based piezopolymer actuators can be utilized to control the precision of the surface of an osmotic reflector. A lightweight actuator can be used in space to isolate active vibrations and can replace heavy electromagnetic systems. They are specifically designed for the harsh vibrations of spacecraft. Actuators are also used in microfluidic membrane pumps lab-on-a-chip (LOC) technology. Inkjet-printed, piezoelectric actuators are made up of PVDF-TAFE.

The challenge is to create effective inventory management systems and space utilization in the face of rapid technological advancements.

Soon, advances in piezoelectric wafers will be expected to play a significant function in the non-destructive analysis (NDE) of structures used in aerospace and military industries fields. Structural health monitoring (SHM)for integrated vehicle health monitoring (IVHM) requires small, light, and minimally invasive sensors which can be integrated with or positioned on the exterior of structures. Additionally, they must be able to detect and scan for the presence of damage and defects in the systems. For NDE structures with thin walls, piezoelectric wafers could be a good choice for Lamb waves and wave excitation as well as sense. Additionally, piezoelectric wafers are usually used in large quantities to facilitate the NDE of structures.

Additionally, they have been proven to be an efficient and cost-effective method of creating such wafers is the necessity of the moment. While the traditional tape-casting (doctor blade) method is likely to be able to accomplish this, specific issues that arise during the creation of PZT-based chips must be addressed to ensure that high-performance wafers can be made. These issues are concerning in the present situation since the actual exposed surface of a single-layer device is much greater than that of an entire or stacked wafer. There have been rapid advances in the measurement and testing of the piezoelectric sensor. The constant evolution of technology within this field leads to the inventory to become obsolete of various kinds of size and test equipment, including optical and electrical products. Controlling the surplus and obsolete inventory has become a significant issue for test and measuring makers. Experts from various industries agree that the expense of this outdated equipment is a substantial factor in the overall inventory cost. It also inefficiently occupies warehouse space, which creates an issue and can affect the development of the piezoelectric device market.

The segment of piezoelectric actuators held the largest share of piezoelectric devices in 2020.

In the year 2020, it was piezpiezoelectric actuators’ most significant part of the piezoelectric devices market, and a similar trend is expected to occur throughout the forecast time. The growing demand is likely due to the increasing use of piezoelectric actuators in the automotive and aerospace, electronics and semiconductors optics, biomedical and scientific instrumentation as well as telecommunications, ultrasonic machines control or metrology, and applications that demand precise location control. For instance, in industrial environments, they are utilized in the ultrafine-movement phase of exposure equipment for semiconductors, as well as in precision positioning probes, as well as sensors for scanning tunnel microscopy (STM) and AFM. (AFM). Additionally, they are employed in various electronic devices for consumers, including smartphones and wearables, to perform autofocus and zooming camera functions and with haptic feedback systems. In addition, piezoelectric actuators can be employed in robotic missions, fine instruments, microsatellites, and UAVs. (UAVs) because they provide the highest energy density and meet the power demands of these devices.

The piezoelectric polymer market is predicted to grow at the fastest rate of CAGR over the forecast time.

The piezoelectric polymer market is predicted to expand at the fastest CAGR in the forecast. This is due to their numerous advantages like a broad resonance bandwidth and low acoustic impedance, lower fabrication costs, lightweight and fast processing speed, and their rapid application in medical applications. Of all piezoelectric polymers, Polyvinylidene Fluoride (PVDF) is an unrefined thermoplastic fluoropolymer that is the most commonly used material because of its low price, resistance to pressure, and high compliance with regulations of the government like the restricted material requirements in the Reduction of Hazardous Substances (RoHS).

The health portion of the piezoelectric device market is expected to expand at the highest rate of CAGR from 2021 until 2026.

Piezoelectric technology is the basis for ultrasonic devices, including the dental scaler, ultrasound scanner, and ultrasonic surgical instruments. Miniature piezoelectric pumps and actuators are widely used in medical and lab equipment for dosing and pumping due to their accurate, high-quality, repeatable, and reliable controlled dispensing of fluids. Additionally, the piezoelectric actuator is often used in Magnetic Resonance Imaging (MRI) systems since the movement of the actuator doesn’t generate magnetic fields. Furthermore, MRI cooling devices can move within the room using an MRI machine, easing installation and reducing floor space. Piezoelectric actuators and appliances offer the highest level of precision needed for various medical applications; because of these reasons, the medical application is predicted to show the highest CAGR in the piezoelectric devices market in the forecast time.

APAC had the highest part of piezoelectric devices in 2020.

APAC will lead the piezoelectric devices market over the next few years. APAC is the leading home for producers of crystals, piezoelectric materials, ceramics, and other piezoelectric devices. Countries like China and Japan are the largest suppliers to the region and account for the most significant share of the piezoelectric devices market in APAC. The growing piezoelectric device market in the area can be due to the increasing government initiatives to expand manufacturing industries in developing countries and the growing awareness of the need to adopt energy harvesting techniques to conserve the natural resources and cut down on energy consumption. Also, the increase in international investments in the manufacturing and industrial sector, the increasing population, and the emergence of several manufacturing facilities that manufacture piezoelectric devices, the low price of instruments made from piezoelectric materials, and the low price of devices made from piezoelectric materials rapid technological advancements on the horizon of emerging markets. In addition, with the growing usage of piezoelectric material and components in consumer electronic devices and China and Japan as major consumer electronics manufacturers, this region is expected to become the fastest-growing market shortly. Additionally, the increasing demand for cars in the area is also causing an increased need for sensors made of piezoelectric and actuators.

Key Market Players

L3HARRIS TECHNOLOGIES, INC. (US); CeramTec GmbH (Germany); CTS Corporation (US); Kistler Group (Switzerland); Physik Instrumente (PI) GmbH & Co. KG. (Germany); piezo system Jena GmbH (Germany); Piezo Technologies (US); Aerotech Inc. (US); APC International, Ltd., (US); Mad City Labs, Inc. (US) are among the leading companies in the piezoelectric device market.

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Based on the product:

  • Piezoelectric Sensors
  • Piezoelectric Actuators
    • Stack Actuators
    • Strip Actuators
    • Shear Actuators
    • Tube Actuators
  • Piezoelectric Motors
  • Piezoelectric Generators
  • Piezoelectric Transducers
  • Other

Additional items include piezoelectric transformers, as well as Resonators.

Based on the material

  • Piezoelectric Crystals
  • Piezoelectric Ceramics
  • Piezoelectric Polymers
  • Piezoelectric Composites

Based on the application:

  • Aerospace and Defense
  • Industrial and Manufacturing
  • Automotive
  • Healthcare
    • Imaging Devices
    • Diagnostic Equipment
    • Surgery Tools
  • Information and Communication
  • Consumer Electronics
  • Other

Notable: Other applications include power generation as well as musical instruments.

Based on the element:

  • Piezoelectric Discs
  • Piezoelectric Rings
  • Piezoelectric Plates

The modes of operation of piezoelectric devices

  • Direct Piezoelectric Effect
  • Converse Piezoelectric Effect

Based on the region:

    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • Germany
      • Italy
      • France
      • UK
      • Spain
      • Poland
      • Russia
      • The Netherlands
      • Norway
      • Czech Republic
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Malaysia
      • Thailand
      • Singapore
      • Australia & New Zealand
      • Rest of Asia Pacific
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Rest of South America
    • The Middle East & Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Northern Africa
      • Rest of MEA

Recent Changes

  • In 2021, Kistler Group (Switzerland) increased its assortment of intelligent accessory equipment to ensure that piezoelectric sensors are properly and securely placed in every measuring system. Connector extenders, adapters, and specially designed reamers ensure that sensors are put in the proper place and can transmit signals flawlessly.
  • In 2021, in March, CeramTec GmbH (Germany) developed ultrasonic surgery transducers with high power for various medical applications. Ultrasonic transducers have many advantages over traditional methods, including improved safety, greater accuracy, quicker healing, and more patient comfort.
  • In February 2021, CTS Corporation, along with its strategic partner Entekno Materials, based in Turkey, obtained funds from Eurostars to create sustainable piezoelectric materials that are lead-free. Eurostars is a grant program funded by the EU system that supports products that are innovative and only grants those projects with a significant commercial value. In this case, CTS Corporation will co-develop lead-free ceramics that could serve as an alternative to lead-based systems.
  • In November 2020, CeramTec GmbH (Germany) increased its manufacturing capabilities to meet the growing demand for high-quality piezoelectric components and materials. CeramTec is an international company operating locations in Europe and the UK as well as the US and Asia has constructed two new machines in the Piezoceramic Centre of Excellence in Lauf, Germany, which will further expand the capabilities of its high-volume manufacturing for piezoceramic elements, like discs rings, tubes, and discs and also increase the automation.
  • In June 2019, Harris Corporation (US) and L3 Technologies (US) merged to create a brand new company in the field of military technology called L3HARRIS TECHNOLOGIES, INC. This merger is among the most prominent unions in the area of defense. The purpose behind the merger was to expand the global client base by supplying different industries and to remain dominant in the marketplace.

Table of Contents

TABLE OF CONTENTS

1 INTRODUCTION (Page No. – 39)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION & SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 SCOPE
1.3.1 MARKETS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. – 44)
2.1 RESEARCH DATA
FIGURE 1 PIEZOELECTRIC DEVICES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Breakdown of primaries
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.2 FACTOR ANALYSIS
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 TOP-DOWN (SUPPLY SIDE): REVENUES GENERATED BY COMPANIES FROM SALES OF PIEZOELECTRIC DEVICES
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 TOP-DOWN (SUPPLY SIDE): ILLUSTRATION OF REVENUE ESTIMATIONS FOR ONE COMPANY IN PIEZOELECTRIC DEVICES MARKET
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP (DEMAND SIDE): DEMAND FOR PIEZOELECTRIC DEVICES AND MATERIALS IN DIFFERENT APPLICATIONS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Approach for obtaining market share using bottom-up analysis (demand side)
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.3.2.1 Approach for obtaining market share using top-down analysis (supply side)
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS AND LIMITATIONS
2.5.1 ASSUMPTIONS
2.5.2 LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. – 57)
3.1 IMPACT OF COVID-19 ON PIEZOELECTRIC DEVICES MARKET
FIGURE 8 GLOBAL PROPAGATION OF COVID-19
TABLE 1 RECOVERY SCENARIOS FOR GLOBAL ECONOMY
3.2 REALISTIC SCENARIO
3.3 OPTIMISTIC SCENARIO
3.4 PESSIMISTIC SCENARIO
FIGURE 9 GROWTH PROJECTIONS OF PIEZOELECTRIC DEVICES MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS
FIGURE 10 PRE- AND POST-COVID-19 SCENARIOS OF PIEZOELECTRIC DEVICES MARKET
FIGURE 11 PIEZOELECTRIC GENERATORS TO EXHIBIT HIGHEST CAGR IN PIEZOELECTRIC DEVICES MARKET, BY PRODUCT, DURING FORECAST PERIOD
FIGURE 12 PIEZOELECTRIC CERAMICS TO HOLD MAJOR SIZE OF PIEZOELECTRIC DEVICES MARKET, BY MATERIAL, IN 2021
FIGURE 13 HEALTHCARE APPLICATION TO WITNESS HIGHEST CAGR IN PIEZOELECTRIC DEVICES MARKET DURING 20212026
FIGURE 14 APAC WOULD BE FASTEST-GROWING MARKET FOR PIEZOELECTRIC DEVICES DURING FORECAST PERIOD

4 PREMIUM INSIGHTS (Page No. – 65)
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN PIEZOELECTRIC DEVICES MARKET
FIGURE 15 RAPID URBANIZATION AND DIGITALIZATION TO FUEL PIEZOELECTRIC DEVICES MARKET GROWTH DURING FORECAST PERIOD
4.2 PIEZOELECTRIC DEVICES MARKET, BY PRODUCT AND MATERIAL
FIGURE 16 PIEZOELECTRIC ACTUATORS AND CERAMICS TO BE LARGEST SHAREHOLDERS IN GLOBAL PIEZOELECTRIC DEVICES MARKET, BY PRODUCT AND MATERIAL, RESPECTIVELY, IN 2026
4.3 PIEZOELECTRIC DEVICES MARKET, BY APPLICATION
FIGURE 17 AEROSPACE AND DEFENSE TO ACCOUNT FOR LARGEST SIZE OF PIEZOELECTRIC DEVICES MARKET IN 2026
4.4 PIEZOELECTRIC DEVICES MARKET, BY COUNTRY
FIGURE 18 CHINA TO RECORD HIGHEST CAGR IN GLOBAL PIEZOELECTRIC DEVICES MARKET DURING FORECAST PERIOD
4.5 PIEZOELECTRIC DEVICES MARKET, BY REGION
FIGURE 19 APAC TO CAPTURE LARGEST SHARE OF GLOBAL PIEZOELECTRIC DEVICES MARKET IN 2026

5 MARKET OVERVIEW (Page No. – 69)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 PIEZOELECTRIC DEVICES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Surging need for high-performance sensors witnessed by aerospace industry
5.2.1.2 Growing use of polymer-based piezoelectric transducers and sensors in acoustic devices, printers, connectivity solutions, etc.
5.2.1.3 Rising adoption of piezoelectric energy harvesting mechanism
5.2.1.4 Escalating demand for piezoelectric polymers due to increasing investments in renewable energy projects
FIGURE 21 INVESTMENTS IN RENEWABLE POWER GENERATION, BY ENERGY SOURCE, 20122020 (USD BILLION)
5.2.2 COVID-19-DRIVEN DRIVERS
5.2.2.1 Growing use of piezo components in intensive care devices that find applications in medical treatments during COVID-19
FIGURE 22 PIEZOELECTRIC DEVICES MARKET DRIVERS AND THEIR IMPACT
5.2.3 RESTRAINTS
5.2.3.1 High cost of texture ceramic materials
5.2.3.2 Stringent government policies that mandate utilization of lead-free piezoelectric materials
FIGURE 23 PIEZOELECTRIC DEVICES MARKET RESTRAINTS AND THEIR IMPACT
5.2.4 OPPORTUNITIES
5.2.4.1 Promising newer applications of piezoelectric polymers in piezoelectric actuators and motors
5.2.4.2 Rising need for piezoelectric polymers in biomedical devices
5.2.4.3 Growing use of piezoelectric polymers in hydrophones
5.2.4.4 Rising demand for polymer-based piezoelectric sensors and films in aerospace, nuclear instrumentation, consumer electronics, among others
5.2.4.5 Increasing use of polymer-based piezoelectric sensors in various healthcare applications
FIGURE 24 PIEZOELECTRIC DEVICES MARKET OPPORTUNITIES AND THEIR IMPACT
5.2.5 CHALLENGES
5.2.5.1 Developing alternative to PZT having similar properties to conventional lead-based ceramic materials
5.2.5.2 Building effective inventory management system and space utilization due to rapid technological changes
FIGURE 25 PIEZOELECTRIC DEVICES MARKET CHALLENGES AND THEIR IMPACT
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 26 SUPPLY CHAIN OF PIEZOELECTRIC DEVICES MARKET
5.4 TRENDS/DISRUPTIONS IMPACTING BUSINESS OF MARKET PLAYERS AND RAW MATERIAL SUPPLIERS
5.4.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PIEZOELECTRIC DEVICES MARKET PLAYERS
FIGURE 27 REVENUE SHIFT IN PIEZOELECTRIC DEVICES MARKET
5.5 PIEZOELECTRIC DEVICES ECOSYSTEM
FIGURE 28 ECOSYSTEM OF PIEZOELECTRIC DEVICES
TABLE 2 LIST OF ORIGINAL EQUIPMENT MANUFACTURERS, SUPPLIERS, AND DISTRIBUTORS OF PIEZOELECTRIC DEVICES
5.6 PORTERS FIVE FORCES ANALYSIS
TABLE 3 PIEZOELECTRIC DEVICES MARKET: PORTERS FIVE FORCES ANALYSIS
FIGURE 29 PORTERS FIVE FORCES ANALYSIS
5.6.1 THREAT OF NEW ENTRANTS
5.6.2 THREAT OF SUBSTITUTES
5.6.3 BARGAINING POWER OF SUPPLIERS
5.6.4 BARGAINING POWER OF BUYERS
5.6.5 INTENSITY OF COMPETITIVE RIVALRY
5.7 CASE STUDY
5.7.1 LARGE OEM REPLACED SOLENOIDS IN PNEUMATIC VALVES WITH PACKAGED PIEZOS
5.7.2 ARMSTRONG INTERNATIONAL MANAGED TO EXCEED SALES OF STEAM TRAP TESTING TOOL BY 250% OWING TO USE OF PIEZOELECTRIC ACOUSTIC SENSORS
5.7.3 CLUB WATT IN ROTTERDAM ADOPTED PIEZOELECTRIC TECHNOLOGY FOR DANCE FLOOR TO GENERATE ELECTRICITY
5.7.4 PAVEGEN INSTALLED ARTIFICIAL TURFS WITH PLATES IN LAGOS, NIGERIA
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGY
5.8.1.1 MEMS technology
5.8.2 ADJACENT TECHNOLOGY
5.8.2.1 Pyroelectric technology
5.9 AVERAGE SELLING PRICE ANALYSIS
TABLE 4 AVERAGE SELLING PRICES OF PIEZOELECTRIC PRODUCTS AND ELEMENTS
5.1 TRADE ANALYSIS
5.10.1 IMPORT SCENARIO
TABLE 5 IMPORT DATA, BY COUNTRY, 20162020 (USD MILLION)
5.10.2 EXPORT SCENARIO
TABLE 6 EXPORT DATA, BY COUNTRY, 20162020 (USD MILLION)
5.11 PATENT ANALYSIS, 20152020
FIGURE 30 PATENTS GRANTED WORLDWIDE FROM 2011 TO 2021
TABLE 7 TOP 20 PATENT OWNERS IN US FROM 2011 TO 2021
FIGURE 31 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS FROM 2011 TO 2021
5.12 TARIFFS AND REGULATIONS
5.12.1 TARIFFS
5.12.2 REGULATORY COMPLIANCE
5.12.2.1 Regulations
5.12.2.2 Standards

6 PIEZOELECTRIC DEVICES MARKET, BY PRODUCT (Page No. – 103)
6.1 INTRODUCTION
FIGURE 32 PIEZOELECTRIC DEVICES MARKET, BY PRODUCT
FIGURE 33 PIEZOELECTRIC ACTUATORS TO ACCOUNT FOR LARGEST SIZE OF PIEZOELECTRIC DEVICES MARKET IN 2026
TABLE 8 PIEZOELECTRIC DEVICES MARKET, BY PRODUCT, 20172020 (USD BILLION)
TABLE 9 PIEZOELECTRIC DEVICES MARKET, BY PRODUCT, 20212026 (USD BILLION)
TABLE 10 PIEZOELECTRIC DEVICES MARKET, IN TERMS OF VALUE AND VOLUME, 20172020
TABLE 11 PIEZOELECTRIC DEVICES MARKET, IN TERMS OF VALUE AND VOLUME, 20212026
6.2 PIEZOELECTRIC SENSORS
6.2.1 PIEZOELECTRIC SENSORS ARE USED IN STRUCTURAL AND VEHICLE DYNAMICS, AS WELL AS IN LOW-POWER APPLICATIONS
TABLE 12 PIEZOELECTRIC SENSORS MARKET, BY MATERIAL, 20172020 (USD MILLION)
TABLE 13 PIEZOELECTRIC SENSORS MARKET, BY MATERIAL, 20212026 (USD MILLION)
FIGURE 34 AEROSPACE AND DEFENSE APPLICATION TO CAPTURE LARGEST SIZE OF PIEZOELECTRIC SENSORS MARKET IN 2021
TABLE 14 PIEZOELECTRIC SENSORS MARKET, BY APPLICATION, 20172020 (USD MILLION)
TABLE 15 PIEZOELECTRIC SENSORS MARKET, BY APPLICATION, 20212026 (USD MILLION)
TABLE 16 PIEZOELECTRIC SENSORS MARKET FOR AEROSPACE AND DEFENSE APPLICATION, BY REGION, 20172020 (USD MILLION)
TABLE 17 PIEZOELECTRIC SENSORS MARKET FOR AEROSPACE AND DEFENSE APPLICATION, BY REGION, 20212026 (USD MILLION)
TABLE 18 PIEZOELECTRIC SENSORS MARKET FOR INDUSTRIAL AND MANUFACTURING APPLICATION, BY REGION, 20172020 (USD MILLION)
TABLE 19 PIEZOELECTRIC SENSORS MARKET FOR INDUSTRIAL AND MANUFACTURING APPLICATION, BY REGION, 20212026 (USD MILLION)
FIGURE 35 APAC TO LEAD PIEZOELECTRIC SENSORS MARKET FOR AUTOMOTIVE APPLICATION DURING FORECAST PERIOD
TABLE 20 PIEZOELECTRIC SENSORS MARKET FOR AUTOMOTIVE APPLICATION, BY REGION, 20172020 (USD MILLION)
TABLE 21 PIEZOELECTRIC SENSORS MARKET FOR AUTOMOTIVE APPLICATION, BY REGION, 20212026 (USD MILLION)
TABLE 22 PIEZOELECTRIC SENSORS MARKET FOR HEALTHCARE APPLICATION, BY REGION, 20172020 (USD MILLION)
TABLE 23 PIEZOELECTRIC SENSORS MARKET FOR HEALTHCARE APPLICATION, BY REGION, 20212026 (USD MILLION)
TABLE 24 PIEZOELECTRIC SENSORS MARKET FOR INFORMATION AND COMMUNICATION APPLICATION, BY REGION, 20172020 (USD MILLION)
TABLE 25 PIEZOELECTRIC SENSORS MARKET FOR INFORMATION AND COMMUNICATION APPLICATION, BY REGION, 20212026 (USD MILLION)
TABLE 26 PIEZOELECTRIC SENSORS MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY REGION, 20172020 (USD MILLION)
TABLE 27 PIEZOELECTRIC SENSORS MARKET FOR CONSUMER ELECTRONICS APPLICATION, BY REGION, 20212026 (USD MILLION)
TABLE 28 PIEZOELECTRIC SENSORS MARKET FOR OTHER APPLICATIONS, BY REGION, 20172020 (USD THOUSAND)
TABLE 29 PIEZOELECTRIC SENSORS MARKET FOR OTHER APPLICATIONS, BY REGION, 20212026 (USD THOUSAND)
6.3 PIEZOELECTRIC ACTUATORS
6.3.1 PIEZOELECTRIC ACTUATORS PLAY SIGNIFICANT ROLE IN AEROSPACE & DEFENSE AND HEALTHCARE APPLICATIONS
6.3.2 STACK ACTUATORS
6.3.2.1 Stack actuators provide high load-bearing capability
FIGURE 36 STACK ACTUATORS
6.3.3 STRIPE ACTUATORS
6.3.3.1 Stripe actuators are designed to produce comparatively large mechanical deflection in response to electrical signals
FIGURE 37 STRIPE ACTUATORS
6.3.4 SHEAR ACTUATORS
6.3.4.1 Shear actuators are extremely compact in size and allow subnanometer resolution, high-speed response times, higher resonant frequencies, and high-positioning forces
FIGURE 38 SHEAR ACTUATORS
6.3.5 TUBE ACTUATORS
6.3.5.1 Tube actuators are commonly used in hig

Major Segmentation

Based on the product:

  • Piezoelectric Sensors
  • Piezoelectric Actuators
    • Stack Actuators
    • Strip Actuators
    • Shear Actuators
    • Tube Actuators
  • Piezoelectric Motors
  • Piezoelectric Generators
  • Piezoelectric Transducers
  • Other

Additional items include piezoelectric transformers, as well as Resonators.

Based on the material

  • Piezoelectric Crystals
  • Piezoelectric Ceramics
  • Piezoelectric Polymers
  • Piezoelectric Composites

Based on the application:

  • Aerospace and Defense
  • Industrial and Manufacturing
  • Automotive
  • Healthcare
    • Imaging Devices
    • Diagnostic Equipment
    • Surgery Tools
  • Information and Communication
  • Consumer Electronics
  • Other

Notable: Other applications include power generation as well as musical instruments.

Based on the element:

  • Piezoelectric Discs
  • Piezoelectric Rings
  • Piezoelectric Plates

The modes of operation of piezoelectric devices

  • Direct Piezoelectric Effect
  • Converse Piezoelectric Effect

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