Piezoelectric Materials Market
Piezoelectric Materials Market Size, Share & Trends Analysis Report by Type (Articulated, Cartesian, SCARA, Parallel, Cylindrical, and Collaborative), by Payload (Low, Medium, and High), and by Application (Packaging, Repackaging, Palletizing, Picking, Processing and Others) Forecast Period (2025-2035)
Industry Overview
The piezoelectric materials market was valued at $1,455 million in 2024 and is projected to reach $2,420 million in 2035, growing at a CAGR of 4.7% during the forecast period (2025-2035). The piezoelectric material market is growing owing to extensive applications in medical devices, vehicle sensors, consumer products, and industrial automation utilizing the materials. Higher energy-efficient and self-powered technology demands have increased the usage further for energy-harvesting products. Innovative technology in the area of materials science is fostering the development of new-generation high-performance, eco-friendly, and lead-free piezoelectric materials.
Market Dynamics
Increasing Demand in Energy Harvesting Solutions
Piezoelectric materials are also increasingly being used in energy harvesting for self-powered devices. Industries are embracing the use of such materials to convert mechanical vibrations into electrical energy to be used, as there is an increasing focus on sustainability. Piezoelectric systems are being integrated into urban infrastructure to harness electricity from pedestrian traffic and vehicle movement. Industrial equipment is also using the materials to supply power to wireless sensors, with fewer battery replacement requirements. The growing adoption of IoT devices has driven the demand for continuous and reliable power sources, driving up adoption even further. Scientists are successfully proving to make piezoelectric generators more efficient to enhance energy conversion rates. Aerospace and automotive sectors are exploring their use of structural health monitoring systems.
Growing Utilization in Healthcare and Wearable Devices
The ongoing trends towards the growth of piezoelectric material use in the healthcare industry, particularly in wearable devices. The capability of these materials to transform mechanical stress into electrical signals, and vice versa, renders them suitable materials for use in applications such as biosensors and energy harvesting from medical implants. Additionally, the development of piezoelectric films that are flexible has made them fit into wearable health monitoring systems. These can monitor vital signs, and activity, and even administer therapeutic stimulation. Advances in flexible and light piezoelectric materials are creating new fields of smart clothing applications.
Market Segmentation
- Based on the type, the market is segmented into articulated, cartesian, SCARA, parallel, cylindrical, and collaborative.
- Based on the payload, the market is segmented into low, medium, and high.
- Based on the application, the market is segmented into packaging, repackaging, palletizing, picking, processing, and others (cutting & slicing, quality inspection).
The Cylindrical Segment is projected to Hold the Largest Market Share
The market for piezoelectric materials is growing owing to the demand for cylindrical-type materials. In cylindrical shape, piezoelectric materials offer higher sensitivity along with uniform stress distribution, which is appropriate for use in industrial automation, medical imaging, and aeronautical technology. Growing demand for high-performance and miniaturized devices is also increasingly boosting market growth further. In addition, advancements in ceramic and polymer-based cylindrical piezoelectric materials are accelerating durability and energy efficiency. Rising usage of such materials in non-destructive testing (NDT) and sonar systems is also boosting market growth further.
Processing Segment to Hold a Considerable Market Share
The piezoelectric materials market is growing owing to its pivotal role in industrial processing uses. These materials find extensive applications for enhancing precision and effectiveness in innovative manufacturing operations, precision machining, and non-destructive examination. Materials science provides high-performance piezoelectric composites with enhanced response and longevity. Their applications in the production of semiconductors and microelectronics have grown owing to the increased focus on miniaturization and high-frequency use. Their potential for commercial exploitation also has been triggered by their use in computer-controlled production lines and robots.
Regional Outlook
The global piezoelectric materials market is further divided by geography, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America)
Growing Industrial Automation and Advancements in Sensor Technology in Europe
Europe's market for piezoelectric materials is developing robustly owing to growing industrial automation and advancements in sensor technology. The high level of focus in Europe on energy-saving solutions is driving demand for high-performance piezoelectric components. Growing use in precision engineering and robotics applications is also contributing to the growth of the market. Telecommunication infrastructure, such as 5G networks, is increasing the demand for highly advanced piezoelectric materials. Greater investments in Industry 4.0 projects and smart manufacturing are driving innovation in the industry. The use of piezoelectric materials in innovative biomedical devices is also enhancing the market.
Asia Pacific Region Dominates the Market with Major Share
Asia-Pacific holds a significant share as the fast-growing consumer electronics business, such as smartphones, wearables, and medical devices, is driving demand for sophisticated piezoelectric components. Besides, the presence of a strong manufacturing industry base and technological growth in the region is driving piezoelectric material innovation. The growing trend in electric vehicle (EV) take-up and growth in smart infrastructure also contribute to the growth in the market. Government policies encouraging renewable energy and automation are also fueling expansion. Greater spending on research and development is enhancing material performance and efficiency. Piezoelectric materials are being increasingly applied in the medical and aerospace sectors in high-precision applications.
Market Players Outlook
The major companies serving the piezoelectric materials market include Arkema S.A., CeramTec GmbH, CTS Corp., L3Harris Technologies, Inc., PI Ceramic GmbH, and others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market.
Recent Developments
- In July 2024, CTS introduced new lead-free piezoceramic materials. The lead-free piezoceramic program encompasses nine distinct materials, based on the KNN, NBT-BT, and bismuth titanate systems, respectively - each material optimized for specific end-use applications. Four of them - the LF series - are entering the market for the first time with this launch, while the remainder have been further polished and improved upon.
- In May 2023, Ionix Advanced Technologies was awarded a UK government-funded grant entitled next generation lead-free sensors and actuators. Ionix developed new lead-free piezoelectric materials part-funded by Innovate UK, part of UK Research and Innovation (UKRI) (project number 10048882), and private equity. The market (valued at over $30 bn for sensors and actuators based on the piezoelectric effect) is served almost exclusively by lead zirconate titanate, abbreviated as PZT, with significant proportions of lead. Lead-based electroceramics, including PZT, currently require exception from European RoHS legislation that is under regular review.
The Report Covers
- Market value data analysis of 2024 and forecast to 2035.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global piezoelectric materials market. Based on the availability of data, information related to new products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Global Piezoelectric Materials Market Sales Analysis – Type| Application | End-User ($ Million)
• Piezoelectric Materials Market Sales Performance of Top Countries
1.1. Research Methodology
• Primary Research Approach
• Secondary Research Approach
1.2. Market Snapshot
2. Market Overview and Insights
2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Piezoelectric Materials Industry Trends
2.2.2. Market Recommendations
2.3. Porter's Five Forces Analysis for the Piezoelectric Materials Market
2.3.1. Competitive Rivalry
2.3.2. Threat of New Entrants
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Substitutes
3. Market Determinants
3.1. Market Drivers
3.1.1. Drivers For Global Piezoelectric Materials Market: Impact Analysis
3.2. Market Pain Points and Challenges
3.2.1. Restraints For Global Piezoelectric Materials Market: Impact Analysis
3.3. Market Opportunities
4. Competitive Landscape
4.1. Competitive Dashboard – Piezoelectric Materials Market Revenue and Share by Manufacturers
• Piezoelectric Materials Product Comparison Analysis
• Top Market Player Ranking Matrix
4.2. Key Company Analysis
4.2.1. Arkema S.A.
4.2.1.1. Overview
4.2.1.2. Product Portfolio
4.2.1.3. Financial Analysis (Subject to Data Availability)
4.2.1.4. SWOT Analysis
4.2.1.5. Business Strategy
4.2.2. CeramTec GmbH
4.2.2.1. Overview
4.2.2.2. Product Portfolio
4.2.2.3. Financial Analysis (Subject to Data Availability)
4.2.2.4. SWOT Analysis
4.2.2.5. Business Strategy
4.2.3. CTS Corp.
4.2.3.1. Overview
4.2.3.2. Product Portfolio
4.2.3.3. Financial Analysis (Subject to Data Availability)
4.2.3.4. SWOT Analysis
4.2.3.5. Business Strategy
4.2.4. L3Harris Technologies, Inc.
4.2.4.1. Overview
4.2.4.2. Product Portfolio
4.2.4.3. Financial Analysis (Subject to Data Availability)
4.2.4.4. SWOT Analysis
4.2.4.5. Business Strategy
4.2.5. PI Ceramic GmbH
4.2.5.1. Overview
4.2.5.2. Product Portfolio
4.2.5.3. Financial Analysis (Subject to Data Availability)
4.2.5.4. SWOT Analysis
4.2.5.5. Business Strategy
4.3. Top Winning Strategies by Market Players
4.3.1. Merger and Acquisition
4.3.2. Product Launch
4.3.3. Partnership And Collaboration
5. Market Segmentation
5.1. Global Piezoelectric Materials Market by Type
5.1.1. Ceramics
5.1.2. Polymer
5.1.3. Composites
5.2. Global Piezoelectric Materials Market by Application
5.2.1. Actuators
5.2.2. Sensors
5.2.3. Motors
5.2.4. Generators
5.2.5. Microphones
5.2.6. Others
5.3. Global Piezoelectric Materials Market by End-User
5.3.1. Electronics and Semiconductor
5.3.2. Healthcare and Medical Devices
5.3.3. Consumer Electronics
5.3.4. Automotive and Transportation
5.3.5. Industrial Manufacturing and Automation
5.3.6. Aerospace and Defense
6. Regional Analysis
6.1. North American Piezoelectric Materials Market Sales Analysis – Type| Application| End-User| Country ($ Million)
• Macroeconomic Factors for North America
6.1.1. United States
6.1.2. Canada
6.2. European Piezoelectric Materials Market Sales Analysis – Type| Application| End-User| Country ($ Million)
• Macroeconomic Factors for North America
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Russia
6.2.7. Rest of Europe
6.3. Asia-Pacific Piezoelectric Materials Market Sales Analysis – Type| Application| End-User |Country ($ Million)
• Macroeconomic Factors for Asia-Pacific
6.3.1. China
6.3.2. Japan
6.3.3. South Korea
6.3.4. India
6.3.5. Australia & New Zealand
6.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And Other)
6.3.7. Rest of Asia-Pacific
6.4. Rest of the World Piezoelectric Materials Market Sales Analysis – Type| Application| End-User |Country ($ Million)
• Macroeconomic Factors for the Rest of the World
6.4.1. Latin America
6.4.2. Middle East and Africa
7. Company Profiles
7.1. APC International, Ltd.
7.1.1. Quick Facts
7.1.2. Company Overview
7.1.3. Product Portfolio
7.1.4. Business Strategies
7.2. Arkema S.A.
7.2.1. Quick Facts
7.2.2. Company Overview
7.2.3. Product Portfolio
7.2.4. Business Strategies
7.3. Beijing Quanxin Ultrasonic CO., Ltd.
7.3.1. Quick Facts
7.3.2. Company Overview
7.3.3. Product Portfolio
7.3.4. Business Strategies
7.4. CeramTec GmbH
7.4.1. Quick Facts
7.4.2. Company Overview
7.4.3. Product Portfolio
7.4.4. Business Strategies
7.5. CTS Corp.
7.5.1. Quick Facts
7.5.2. Company Overview
7.5.3. Product Portfolio
7.5.4. Business Strategies
7.6. FUJI CERAMICS CORP.
7.6.1. Quick Facts
7.6.2. Company Overview
7.6.3. Product Portfolio
7.6.4. Business Strategies
7.7. HE SHUAI Ltd.
7.7.1. Quick Facts
7.7.2. Company Overview
7.7.3. Product Portfolio
7.7.4. Business Strategies
7.8. Honda Electronics Co., Ltd.
7.8.1. Quick Facts
7.8.2. Company Overview
7.8.3. Product Portfolio
7.8.4. Business Strategies
7.9. JX Advanced Metals Corp.
7.9.1. Quick Facts
7.9.2. Company Overview
7.9.3. Product Portfolio
7.9.4. Business Strategies
7.10. L3Harris Technologies, Inc.
7.10.1. Quick Facts
7.10.2. Company Overview
7.10.3. Product Portfolio
7.10.4. Business Strategies
7.11. Ningbo Fbele Electronics Co., Ltd.
7.11.1. Quick Facts
7.11.2. Company Overview
7.11.3. Product Portfolio
7.11.4. Business Strategies
7.12. Niterra Co., Ltd.
7.12.1. Quick Facts
7.12.2. Company Overview
7.12.3. Product Portfolio
7.12.4. Business Strategies
7.13. Noliac A/S
7.13.1. Quick Facts
7.13.2. Company Overview
7.13.3. Product Portfolio
7.13.4. Business Strategies
7.14. Physik Instrumente (PI) SE & Co. KG
7.14.1. Quick Facts
7.14.2. Company Overview
7.14.3. Product Portfolio
7.14.4. Business Strategies
7.15. PI Ceramic GmbH
7.15.1. Quick Facts
7.15.2. Company Overview
7.15.3. Product Portfolio
7.15.4. Business Strategies
7.16. Piezo Kinetics, Inc.
7.16.1. Quick Facts
7.16.2. Company Overview
7.16.3. Product Portfolio
7.16.4. Business Strategies
7.17. Piezomechanik Dr. Lutz Pickelmann GmbH
7.17.1. Quick Facts
7.17.2. Company Overview
7.17.3. Product Portfolio
7.17.4. Business Strategies
7.18. PZT Electronic Ceramic Co., Ltd.
7.18.1. Quick Facts
7.18.2. Company Overview
7.18.3. Product Portfolio
7.18.4. Business Strategies
7.19. Sensor Technology
7.19.1. Quick Facts
7.19.2. Company Overview
7.19.3. Product Portfolio
7.19.4. Business Strategies
7.20. Sparkler Ceramics Pvt. Ltd.
7.20.1. Quick Facts
7.20.2. Company Overview
7.20.3. Product Portfolio
7.20.4. Business Strategies
7.21. TAISEI CO., LTD.
7.21.1. Quick Facts
7.21.2. Company Overview
7.21.3. Product Portfolio
7.21.4. Business Strategies
7.22. TAYCA Co., Ltd.
7.22.1. Quick Facts
7.22.2. Company Overview
7.22.3. Product Portfolio
7.22.4. Business Strategies
7.23. TDK Corp.
7.23.1. Quick Facts
7.23.2. Company Overview
7.23.3. Product Portfolio
7.23.4. Business Strategies
1. Global Piezoelectric Materials Market Research And Analysis By Type, 2024-2035 ($ Million)
2. Global Piezoelectric Ceramics Materials Market Research And Analysis By Region, 2024-2035 ($ Million)
3. Global Piezoelectric Polymer Materials Market Research And Analysis By Region, 2024-2035 ($ Million)
4. Global Piezoelectric Composites Materials Market Research And Analysis By Region, 2024-2035 ($ Million)
5. Global Piezoelectric Materials Market Research And Analysis By Application, 2024-2035 ($ Million)
6. Global Piezoelectric Materials For Actuators Market Research And Analysis By Region, 2024-2035 ($ Million)
7. Global Piezoelectric Materials For Sensors Market Research And Analysis By Region, 2024-2035 ($ Million)
8. Global Piezoelectric Materials For Motors Market Research And Analysis By Region, 2024-2035 ($ Million)
9. Global Piezoelectric Materials For Generators Market Research And Analysis By Region, 2024-2035 ($ Million)
10. Global Piezoelectric Materials For Microphones Market Research And Analysis By Region, 2024-2035 ($ Million)
11. Global Piezoelectric Materials For Other Application Market Research And Analysis By Region, 2024-2035 ($ Million)
12. Global Piezoelectric Materials Market Research And Analysis By End-User, 2024-2035 ($ Million)
13. Global Piezoelectric Materials For Electronics and Semiconductor Market Research And Analysis By Region, 2024-2035 ($ Million)
14. Global Piezoelectric Materials For Healthcare and Medical Devices Market Research And Analysis By Region, 2024-2035 ($ Million)
15. Global Piezoelectric Materials For Consumer Electronics Market Research And Analysis By Region, 2024-2035 ($ Million)
16. Global Piezoelectric Materials For Automotive and Transportation Market Research And Analysis By Region, 2024-2035 ($ Million)
17. Global Piezoelectric Materials For Industrial Manufacturing and Automation Market Research And Analysis By Region, 2024-2035 ($ Million)
18. Global Piezoelectric Materials For Aerospace and Defense Market Research And Analysis By Region, 2024-2035 ($ Million)
19. Global Piezoelectric Materials Market Research And Analysis By Region, 2024-2035 ($ Million)
20. North American Piezoelectric Materials Market Research And Analysis By Country, 2024-2035 ($ Million)
21. North American Piezoelectric Materials Market Research And Analysis By Type, 2024-2035 ($ Million)
22. North American Piezoelectric Materials Market Research And Analysis By Application, 2024-2035 ($ Million)
23. North American Piezoelectric Materials Market Research And Analysis By End-User, 2024-2035 ($ Million)
24. European Piezoelectric Materials Market Research And Analysis By Country, 2024-2035 ($ Million)
25. European Piezoelectric Materials Market Research And Analysis By Type, 2024-2035 ($ Million)
26. European Piezoelectric Materials Market Research And Analysis By Application, 2024-2035 ($ Million)
27. European Piezoelectric Materials Market Research And Analysis By End-User, 2024-2035 ($ Million)
28. Asia-Pacific Piezoelectric Materials Market Research And Analysis By Country, 2024-2035 ($ Million)
29. Asia-Pacific Piezoelectric Materials Market Research And Analysis By Type, 2024-2035 ($ Million)
30. Asia-Pacific Piezoelectric Materials Market Research And Analysis By Application, 2024-2035 ($ Million)
31. Asia-Pacific Piezoelectric Materials Market Research And Analysis By End-User, 2024-2035 ($ Million)
32. Rest Of The World Piezoelectric Materials Market Research And Analysis By Region, 2024-2035 ($ Million)
33. Rest Of The World Piezoelectric Materials Market Research And Analysis By Type, 2024-2035 ($ Million)
34. Rest Of The World Piezoelectric Materials Market Research And Analysis By Application, 2024-2035 ($ Million)
35. Rest Of The World Piezoelectric Materials Market Research And Analysis By End-User, 2024-2035 ($ Million)
1. Global Piezoelectric Materials Market Share By Type, 2024 Vs 2035 (%)
2. Global Piezoelectric Ceramics Materials Market Share By Region, 2024 Vs 2035 (%)
3. Global Piezoelectric Polymer Materials Market Share By Region, 2024 Vs 2035 (%)
4. Global Piezoelectric Composites Materials Market Share By Region, 2024 Vs 2035 (%)
5. Global Piezoelectric Materials Market Share By Application, 2024 Vs 2035 (%)
6. Global Piezoelectric Materials For Actuators Market Share By Region, 2024 Vs 2035 (%)
7. Global Piezoelectric Materials For Sensors Market Share By Region, 2024 Vs 2035 (%)
8. Global Piezoelectric Materials For Motors Market Share By Region, 2024 Vs 2035 (%)
9. Global Piezoelectric Materials For Generators Market Share By Region, 2024 Vs 2035 (%)
10. Global Piezoelectric Materials For Microphones Market Share By Region, 2024 Vs 2035 (%)
11. Global Piezoelectric Materials For Other Application Market Share By Region, 2024 Vs 2035 (%)
12. Global Piezoelectric Materials Market Share By End-User, 2024 Vs 2035 (%)
13. Global Piezoelectric Materials For Electronics and Semiconductor Market Share By Region, 2024 Vs 2035 (%)
14. Global Piezoelectric Materials For Healthcare and Medical Devices Market Share By Region, 2024 Vs 2035 (%)
15. Global Piezoelectric Materials For Consumer Electronics Market Share By Region, 2024 Vs 2035 (%)
16. Global Piezoelectric Materials For Automotive and Transportation Market Share By Region, 2024 Vs 2035 (%)
17. Global Piezoelectric Materials For Industrial Manufacturing and Automation Market Share By Region, 2024 Vs 2035 (%)
18. Global Piezoelectric Materials For Aerospace and Defense Market Share By Region, 2024 Vs 2035 (%)
19. Global Piezoelectric Materials Market Share By Region, 2024 Vs 2035 (%)
20. US Piezoelectric Materials Market Size, 2024-2035 ($ Million)
21. Canada Piezoelectric Materials Market Size, 2024-2035 ($ Million)
22. UK Piezoelectric Materials Market Size, 2024-2035 ($ Million)
23. France Piezoelectric Materials Market Size, 2024-2035 ($ Million)
24. Germany Piezoelectric Materials Market Size, 2024-2035 ($ Million)
25. Italy Piezoelectric Materials Market Size, 2024-2035 ($ Million)
26. Spain Piezoelectric Materials Market Size, 2024-2035 ($ Million)
27. Russia Piezoelectric Materials Market Size, 2024-2035 ($ Million)
28. Rest Of Europe Piezoelectric Materials Market Size, 2024-2035 ($ Million)
29. India Piezoelectric Materials Market Size, 2024-2035 ($ Million)
30. China Piezoelectric Materials Market Size, 2024-2035 ($ Million)
31. Japan Piezoelectric Materials Market Size, 2024-2035 ($ Million)
32. South Korea Piezoelectric Materials Market Size, 2024-2035 ($ Million)
33. Australia and New Zealand Piezoelectric Materials Market Size, 2024-2035 ($ Million)
34. ASEAN Economies Piezoelectric Materials Market Size, 2024-2035 ($ Million)
35. Rest Of Asia-Pacific Piezoelectric Materials Market Size, 2024-2035 ($ Million)
36. Latin America Piezoelectric Materials Market Size, 2024-2035 ($ Million)
37. Middle East And Africa Piezoelectric Materials Market Size, 2024-2035 ($ Million)
FAQS
The size of the Piezoelectric Materials market in 2024 is estimated to be around $1,455 million.
Asia Pacific holds the largest share in the Piezoelectric Materials market.
Leading players in the Piezoelectric Materials market include Arkema S.A., CeramTec GmbH, CTS Corp., L3Harris Technologies, Inc., PI Ceramic GmbH, and others.
Piezoelectric Materials market is expected to grow at a CAGR of 4.7% from 2025 to 2035.
The Piezoelectric Materials Market is growing due to increasing demand for smart sensors, medical devices, and industrial automation. Additionally, advancements in energy harvesting, rising adoption in consumer electronics.