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Global Piezoelectric Materials Market - Forecasts from 2017 to 2022

  • ID: 4425434
  • Report
  • Region: Global
  • 86 pages
  • Knowledge Sourcing Intelligence LLP
until Dec 31st 2019
1 of 4


  • APC International, Ltd
  • CeramTec GmbH
  • Harris Corporation
  • PI Ceramic GmbH
  • piezosystem jena GmbH
  • MORE
The global piezoelectric materials market is projected to witness a CAGR of 8.32% to grow to US$1.254 billion by 2022, increasing from US$.0.841 billion in 2017. Increasing demand for automated manufacturing processes with increased efficiency and reduced lead time leads to an increase in the demand of actuators. This increasing demand of actuators is expected to fuel the market growth over the projected period. The growth of consumer electronics industry and increasing popularity of photovoltaic cells will drive the market growth for piezoelectric materials. However, growing popularity of the substitutes like inherently conductive polymers for the manufacturing of actuators will impede the market growth.

By Material

Ceramics held the largest market share in 2016, owing to the increasing demand for ceramic-based lead zirconate titanate in a wide range of applications across various industry verticals. Composites held the second largest share in the products segment and are expected to show the highest growth rate over the forecast period due to their wide range of bandwidth and high electro-acoustic efficiency

By Product

Actuators held the largest share in this segment in 2016, owing to their use in a wide range of applications, especially in automotive industry. Generators are expected to show the highest CAGR over the forecast period owing to their ability to generate electricity using the vibrations from the system

By Industry

Consumer Electronics industry held the largest share in this segment in 2016, owing to the use of piezoelectric materials in a wide range of advanced electronic devices. Automotive industry held the second largest share after consumer electronics industry owing to the application of these materials in vehicles to enhance safety and convenience.

By Geography

North America accounted for the largest market share in 2016, followed by Europe, owing to the rapidly increasing use of sensors and transducers in a wide range of applications. Asia Pacific is expected to show the highest CAGR over the projected period. The highest expected CAGR in Asia Pacific is due to the rapidly growing automotive and consumer electronics industry.


In the report, global piezoelectric materials market has been segmented by material, product, industry, and geography:

By Material
  • Polymers
  • Ceramics
  • Composites
  • Others
By Product
  • Sensors
  • Actuators
  • Transducers
  • Motors
  • Generators
  • Others
By Industry
  • Consumer Electronics
  • Automotive
  • Healthcare
  • Aerospace and Defense
  • Energy and Power
  • Others
By Geography
  • North America
  • South America
  • Europe
  • Middle East and Africa (MEA)
  • Asia Pacific (APAC)
Note: Product cover images may vary from those shown
2 of 4


  • APC International, Ltd
  • CeramTec GmbH
  • Harris Corporation
  • PI Ceramic GmbH
  • piezosystem jena GmbH
  • MORE
1. Introduction
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline

2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
2.3. Validation

3. Key Findings of the Study

4. Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations

5. Global Piezoelectric Materials Market Forecast by Material (US$ billion)
5.1. Introduction
5.2. Polymers
5.3. Ceramics
5.4. Composites
5.5. Others

6. Global Piezoelectric Materials Market Forecast by Products (US$ billion)
6.1. Introduction
6.2. Sensors
6.3. Actuators
6.4. Transducers
6.5. Motors
6.6. Generators
6.7. Others

7. Global Piezoelectric Materials Market Forecast by Industry (US$ billion)
7.1. Introduction
7.2. Consumer Electronics
7.3. Automotive
7.4. Healthcare
7.5. Aerospace and Defense
7.6. Energy and Power
7.7. Others

8. Global Piezoelectric Materials Market Forecast by Geography (US$ billion)
8.1. Introduction
8.2. North America
8.3. South America
8.4. Europe
8.5. Middle East and Africa (MEA)
8.6. Asia Pacific (APAC)

9. Competitive Intelligence
9.1. Market Share Analysis
9.2. Strategies of Key Players
9.3. Recent Investments and Deals

10. Company Profiles
10.1. PI Ceramic GmbH
10.1.1. Overview
10.1.2. Financials
10.1.3. Products and Services
10.1.4. Key Developments
10.2. Harris Corporation
10.2.1. Overview
10.2.2. Financials
10.2.3. Products and Services
10.2.4. Key Developments
10.3. Morgan Advanced Materials plc.
10.3.1. Overview
10.3.2. Financials
10.3.3. Products and Services
10.3.4. Key Developments
10.4. piezosystem jena GmbH
10.4.1. Overview
10.4.2. Financials
10.4.3. Products and Services
10.4.4. Key Developments
10.5. CeramTec GmbH
10.5.1. Overview
10.5.2. Financials
10.5.3. Products and Services
10.5.4. Key Developments
10.6. Sparkler Ceramics Pvt. Ltd
10.6.1. Overview
10.6.2. Financials
10.6.3. Products and Services
10.6.4. Key Developments
10.7. Piezomechanik Dr. Lutz Pickelmann GmbH
10.7.1. Overview
10.7.2. Financials
10.7.3. Products and Services
10.7.4. Key Developments
10.8. APC International, Ltd
10.8.1. Overview
10.8.2. Financials
10.8.3. Products and Services
10.8.4. Key Developments
Note: Product cover images may vary from those shown
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4 of 4
  • PI Ceramic GmbH
  • Harris Corporation
  • Morgan Advanced Materials plc.
  • piezosystem jena GmbH
  • CeramTec GmbH
  • Sparkler Ceramics Pvt. Ltd
  • Piezomechanik Dr. Lutz Pickelmann GmbH
  • APC International, Ltd
Note: Product cover images may vary from those shown
5 of 4

The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.

The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.

The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.