This Piezoelectric Devices report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The piezoelectric devices market size has grown steadily in recent years. It will grow from $26.55 billion in 2024 to $27.28 billion in 2025 at a compound annual growth rate (CAGR) of 2.8%. The growth in the historic period can be attributed to growth in medical imaging and ultrasound, expansion of the electronics and automotive industries, development of piezoelectric materials, demand for precise motion control, expansion in the aerospace and defense sectors.
The piezoelectric devices market size is expected to see steady growth in the next few years. It will grow to $31.39 billion in 2029 at a compound annual growth rate (CAGR) of 3.6%. The growth in the forecast period can be attributed to adoption of piezoelectric energy harvesting, growth in haptic feedback and touchscreens, expansion in industrial automation and robotics, customized piezoelectric solutions for various applications, demand for energy-efficient sensors. Major trends in the forecast period include adoption of piezoelectric energy harvesting, growth in haptic feedback and touchscreens, expansion in industrial automation and robotics, customized piezoelectric solutions for various applications, demand for energy-efficient sensors.
The growing demand for wearable devices is expected to drive the expansion of the piezoelectric devices market in the future. Wearable devices are electronic gadgets or technologies worn on the body, often as accessories or clothing, and are designed to offer various functions, including health and fitness monitoring, information provision, and entertainment for consumers. Piezoelectric devices, such as piezoelectric sensors, are utilized in wearables to detect and monitor various physical parameters and biometric data. For instance, in January 2023, Deloitte Touche Tohmatsu Limited, a UK-based consulting firm, predicted that nearly 440 million consumer health and wellness wearable devices would be shipped worldwide by 2024. Consequently, the rising demand for wearable devices is fueling the growth of the piezoelectric devices market.
The increasing demand within the oil and gas industry is anticipated to be a driving factor for the piezoelectric devices market in the coming years. The oil and gas industry involves the conversion of crude oil and natural gas into finished petroleum products, and piezoelectric devices are employed for pipeline monitoring to detect issues like leaks, corrosion, and integrity concerns. This proactive approach aims to prevent environmental damage and financial losses. In 2023, the US Energy Information Administration reported a crude oil output of 12.4 million b/d, up from 11.7 million b/d in 2022. Additionally, the average daily consumption of natural gas in the US in September 2022 reached 86.6 billion cubic feet (Bcf/d), marking the highest annual consumption compared to the previous year. Consequently, the increasing demand within the oil and gas industry is contributing to the growth of the piezoelectric devices market.
Leading companies in the piezoelectric devices market are concentrating on creating technologically advanced solutions, such as high-temperature charge accelerometers, to improve performance in extreme conditions. A high-temperature charge accelerometer is a sensor designed to measure acceleration or vibration in high-heat environments, typically exceeding 250 °C. It converts mechanical motion into an electrical signal for monitoring and analysis in demanding settings, like engines or turbines. For example, in April 2024, IMI Sensors, a UK-based engineering firm, launched the Model 674A91, an innovative IO-Link piezoelectric accelerometer intended for advanced vibration monitoring and analysis in industrial applications. This model provides enhanced fault detection capabilities with a frequency range of up to 10 kHz, enabling precise monitoring of machine health. Its IO-Link compatibility facilitates integration into existing systems, allowing for efficient data transmission and reduced maintenance costs.
Major companies in the piezoelectric devices market are innovating products like micromotors to enhance customer services. Micromotors, utilizing the piezoelectric effect, are the smallest motors designed for applications in medical devices and 3D printers. In December 2022, Xeryon, a Belgium-based company specializing in piezo actuators and motors, launched a micromotor measuring just 10 by 10 millimeters and 2 millimeters thick. This innovation, vibrating up to 200,000 times per second, is versatile enough to fit on the tip of a needle, catering to a broad range of applications.
In September 2024, Spectris Plc, a UK-based instrumentation firm that offers advanced instruments, testing equipment, and software for industrial applications, acquired Piezocryst Advanced Sensorics GmbH for an undisclosed sum. This acquisition is intended to enhance Spectris Plc's capabilities in precision measurement technologies, specifically in high-precision pressure sensors and accelerometers. Piezocryst Advanced Sensorics GmbH, an Austria-based manufacturing company, specializes in the development and production of high-precision piezoelectric sensors.
Major companies operating in the piezoelectric devices market include Aerotech Inc., APC International Ltd., CeramTec GmbH, CTS Corporation, Kistler Instruments India Pvt. Ltd., L3harris Technologies Inc., Mad City Labs Inc., Morgan Advanced Materials plc, Physik Instrumente (PI) GmbH & Co. KG, Piezomechanik Dr. Lutz Pickelmann GmbH, Piezosystem jena GmbH, PCB Piezotronics Inc., Exelis Inc., Metrix Instrument Co., Honeywell International Inc., Meggitt SA, Bruel and Kjaer UK Ltd., TE Connectivity Ltd., Kyowa Electronic Instruments Co. Ltd., US Eurotek Inc., Noliac A/S, Piezo Technologies India Pvt. Ltd., Dytran Instruments Inc., ELPA TV & Bredbandsteknik AB, Kinetic Ceramics LLC, Johnson Matthey Piezo Products GmbH, Physik Instrumente GmbH & Co. KG, HongKong Piezo Company Limited, TRS Technologies India Pvt. Ltd., Sparkler Ceramics Ltd., Solvay SA, Usound GmbH, Centre for Process Innovation Limited, Sensor Technology Ltd., Actuated Medical Inc., Aito BV, Vesper Technologies Inc., Sensonics Ltd., Harri Krishna Exports Pvt. Ltd., Murata Manufacturing Co. Ltd.
Asia-Pacific was the largest region in the piezoelectric devices market in 2024. The regions covered in the piezoelectric devices market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the piezoelectric devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Piezoelectric devices are the devices that utilize the piezoelectric effect to measure pressure, acceleration, temperature, shear stress, or force by converting this into an electric charge. These devices are developed by using piezoceramics materials and employed for process management, quality control, and R&D in various industrial sectors.
The main types of piezoelectric devices include sensors, actuators, transducers, motors, and generators, which are constructed from materials like ceramics, crystals, polymers, and composites. Piezoelectric sensors convert physical factors such as acceleration, pressure, or strain into electrical charges for monitoring, while piezoelectric actuators use the piezoelectric effect to convert electrical energy into mechanical displacement or stress. These devices find applications in various sectors, including industrial and manufacturing, defense and aerospace, automotive, healthcare, information and communication, and consumer electronics.
The piezoelectric devices market research report is one of a series of new reports that provides piezoelectric devices market statistics, including piezoelectric devices industry global market size, regional shares, competitors with a piezoelectric devices market share, detailed piezoelectric devices market segments, market trends and opportunities, and any further data you may need to thrive in the piezoelectric devices industry. This piezoelectric devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The piezoelectric devices market consists of sales of piezoelectric devices made of different materials such as piezoelectric ceramics (PZT), piezoelectric polymers, and piezoelectric composites.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The piezoelectric devices market size has grown steadily in recent years. It will grow from $26.55 billion in 2024 to $27.28 billion in 2025 at a compound annual growth rate (CAGR) of 2.8%. The growth in the historic period can be attributed to growth in medical imaging and ultrasound, expansion of the electronics and automotive industries, development of piezoelectric materials, demand for precise motion control, expansion in the aerospace and defense sectors.
The piezoelectric devices market size is expected to see steady growth in the next few years. It will grow to $31.39 billion in 2029 at a compound annual growth rate (CAGR) of 3.6%. The growth in the forecast period can be attributed to adoption of piezoelectric energy harvesting, growth in haptic feedback and touchscreens, expansion in industrial automation and robotics, customized piezoelectric solutions for various applications, demand for energy-efficient sensors. Major trends in the forecast period include adoption of piezoelectric energy harvesting, growth in haptic feedback and touchscreens, expansion in industrial automation and robotics, customized piezoelectric solutions for various applications, demand for energy-efficient sensors.
The growing demand for wearable devices is expected to drive the expansion of the piezoelectric devices market in the future. Wearable devices are electronic gadgets or technologies worn on the body, often as accessories or clothing, and are designed to offer various functions, including health and fitness monitoring, information provision, and entertainment for consumers. Piezoelectric devices, such as piezoelectric sensors, are utilized in wearables to detect and monitor various physical parameters and biometric data. For instance, in January 2023, Deloitte Touche Tohmatsu Limited, a UK-based consulting firm, predicted that nearly 440 million consumer health and wellness wearable devices would be shipped worldwide by 2024. Consequently, the rising demand for wearable devices is fueling the growth of the piezoelectric devices market.
The increasing demand within the oil and gas industry is anticipated to be a driving factor for the piezoelectric devices market in the coming years. The oil and gas industry involves the conversion of crude oil and natural gas into finished petroleum products, and piezoelectric devices are employed for pipeline monitoring to detect issues like leaks, corrosion, and integrity concerns. This proactive approach aims to prevent environmental damage and financial losses. In 2023, the US Energy Information Administration reported a crude oil output of 12.4 million b/d, up from 11.7 million b/d in 2022. Additionally, the average daily consumption of natural gas in the US in September 2022 reached 86.6 billion cubic feet (Bcf/d), marking the highest annual consumption compared to the previous year. Consequently, the increasing demand within the oil and gas industry is contributing to the growth of the piezoelectric devices market.
Leading companies in the piezoelectric devices market are concentrating on creating technologically advanced solutions, such as high-temperature charge accelerometers, to improve performance in extreme conditions. A high-temperature charge accelerometer is a sensor designed to measure acceleration or vibration in high-heat environments, typically exceeding 250 °C. It converts mechanical motion into an electrical signal for monitoring and analysis in demanding settings, like engines or turbines. For example, in April 2024, IMI Sensors, a UK-based engineering firm, launched the Model 674A91, an innovative IO-Link piezoelectric accelerometer intended for advanced vibration monitoring and analysis in industrial applications. This model provides enhanced fault detection capabilities with a frequency range of up to 10 kHz, enabling precise monitoring of machine health. Its IO-Link compatibility facilitates integration into existing systems, allowing for efficient data transmission and reduced maintenance costs.
Major companies in the piezoelectric devices market are innovating products like micromotors to enhance customer services. Micromotors, utilizing the piezoelectric effect, are the smallest motors designed for applications in medical devices and 3D printers. In December 2022, Xeryon, a Belgium-based company specializing in piezo actuators and motors, launched a micromotor measuring just 10 by 10 millimeters and 2 millimeters thick. This innovation, vibrating up to 200,000 times per second, is versatile enough to fit on the tip of a needle, catering to a broad range of applications.
In September 2024, Spectris Plc, a UK-based instrumentation firm that offers advanced instruments, testing equipment, and software for industrial applications, acquired Piezocryst Advanced Sensorics GmbH for an undisclosed sum. This acquisition is intended to enhance Spectris Plc's capabilities in precision measurement technologies, specifically in high-precision pressure sensors and accelerometers. Piezocryst Advanced Sensorics GmbH, an Austria-based manufacturing company, specializes in the development and production of high-precision piezoelectric sensors.
Major companies operating in the piezoelectric devices market include Aerotech Inc., APC International Ltd., CeramTec GmbH, CTS Corporation, Kistler Instruments India Pvt. Ltd., L3harris Technologies Inc., Mad City Labs Inc., Morgan Advanced Materials plc, Physik Instrumente (PI) GmbH & Co. KG, Piezomechanik Dr. Lutz Pickelmann GmbH, Piezosystem jena GmbH, PCB Piezotronics Inc., Exelis Inc., Metrix Instrument Co., Honeywell International Inc., Meggitt SA, Bruel and Kjaer UK Ltd., TE Connectivity Ltd., Kyowa Electronic Instruments Co. Ltd., US Eurotek Inc., Noliac A/S, Piezo Technologies India Pvt. Ltd., Dytran Instruments Inc., ELPA TV & Bredbandsteknik AB, Kinetic Ceramics LLC, Johnson Matthey Piezo Products GmbH, Physik Instrumente GmbH & Co. KG, HongKong Piezo Company Limited, TRS Technologies India Pvt. Ltd., Sparkler Ceramics Ltd., Solvay SA, Usound GmbH, Centre for Process Innovation Limited, Sensor Technology Ltd., Actuated Medical Inc., Aito BV, Vesper Technologies Inc., Sensonics Ltd., Harri Krishna Exports Pvt. Ltd., Murata Manufacturing Co. Ltd.
Asia-Pacific was the largest region in the piezoelectric devices market in 2024. The regions covered in the piezoelectric devices market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the piezoelectric devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Piezoelectric devices are the devices that utilize the piezoelectric effect to measure pressure, acceleration, temperature, shear stress, or force by converting this into an electric charge. These devices are developed by using piezoceramics materials and employed for process management, quality control, and R&D in various industrial sectors.
The main types of piezoelectric devices include sensors, actuators, transducers, motors, and generators, which are constructed from materials like ceramics, crystals, polymers, and composites. Piezoelectric sensors convert physical factors such as acceleration, pressure, or strain into electrical charges for monitoring, while piezoelectric actuators use the piezoelectric effect to convert electrical energy into mechanical displacement or stress. These devices find applications in various sectors, including industrial and manufacturing, defense and aerospace, automotive, healthcare, information and communication, and consumer electronics.
The piezoelectric devices market research report is one of a series of new reports that provides piezoelectric devices market statistics, including piezoelectric devices industry global market size, regional shares, competitors with a piezoelectric devices market share, detailed piezoelectric devices market segments, market trends and opportunities, and any further data you may need to thrive in the piezoelectric devices industry. This piezoelectric devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The piezoelectric devices market consists of sales of piezoelectric devices made of different materials such as piezoelectric ceramics (PZT), piezoelectric polymers, and piezoelectric composites.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Piezoelectric Devices Market Characteristics3. Piezoelectric Devices Market Trends and Strategies4. Piezoelectric Devices Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Piezoelectric Devices Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Piezoelectric Devices Market34. Recent Developments in the Piezoelectric Devices Market
5. Global Piezoelectric Devices Growth Analysis and Strategic Analysis Framework
6. Piezoelectric Devices Market Segmentation
7. Piezoelectric Devices Market Regional and Country Analysis
8. Asia-Pacific Piezoelectric Devices Market
9. China Piezoelectric Devices Market
10. India Piezoelectric Devices Market
11. Japan Piezoelectric Devices Market
12. Australia Piezoelectric Devices Market
13. Indonesia Piezoelectric Devices Market
14. South Korea Piezoelectric Devices Market
15. Western Europe Piezoelectric Devices Market
16. UK Piezoelectric Devices Market
17. Germany Piezoelectric Devices Market
18. France Piezoelectric Devices Market
19. Italy Piezoelectric Devices Market
20. Spain Piezoelectric Devices Market
21. Eastern Europe Piezoelectric Devices Market
22. Russia Piezoelectric Devices Market
23. North America Piezoelectric Devices Market
24. USA Piezoelectric Devices Market
25. Canada Piezoelectric Devices Market
26. South America Piezoelectric Devices Market
27. Brazil Piezoelectric Devices Market
28. Middle East Piezoelectric Devices Market
29. Africa Piezoelectric Devices Market
30. Piezoelectric Devices Market Competitive Landscape and Company Profiles
31. Piezoelectric Devices Market Other Major and Innovative Companies
35. Piezoelectric Devices Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Piezoelectric Devices Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on piezoelectric devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for piezoelectric devices? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The piezoelectric devices market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Material: Ceramics; Crystals; Polymers; Composites2) by Product: Piezoelectric Sensors; Piezoelectric Actuators; Piezoelectric Transducers; Piezoelectric Motors; Piezoelectric Generators
3) by Application: Industrial and Manufacturing; Defense and Aerospace; Automotive; Healthcare; Information and Communication; Consumer Electronics
4) by Element: Piezoelectric Discs; Piezoelectric Rings; Piezoelectric Plates
Subsegments:
1) by Ceramics: Lead Zirconate Titanate (PZT); Barium Titanate (BaTiO3); Sodium Potassium Niobate (NaKNbO3)2) by Crystals: Quartz Crystals; Gallium Orthophosphate (GaPO4); Lithium Niobate (LiNbO3)
3) by Polymers: Polyvinylidene Fluoride (PVDF); Polyamide (PA); Polyurethane (PU)
4) by Composites: Ceramic-Polymer Composites; Metal-Polymer Composites; Multi-Phase Composites
Key Companies Mentioned: Aerotech Inc.; APC International Ltd.; CeramTec GmbH; CTS Corporation; Kistler Instruments India Pvt. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Piezoelectric Devices market report include:- Aerotech Inc.
- APC International Ltd.
- CeramTec GmbH
- CTS Corporation
- Kistler Instruments India Pvt. Ltd.
- L3harris Technologies Inc.
- Mad City Labs Inc.
- Morgan Advanced Materials plc
- Physik Instrumente (PI) GmbH & Co. KG
- Piezomechanik Dr. Lutz Pickelmann GmbH
- Piezosystem jena GmbH
- PCB Piezotronics Inc.
- Exelis Inc.
- Metrix Instrument Co.
- Honeywell International Inc.
- Meggitt SA
- Bruel and Kjaer UK Ltd.
- TE Connectivity Ltd.
- Kyowa Electronic Instruments Co. Ltd.
- US Eurotek Inc.
- Noliac A/S
- Piezo Technologies India Pvt. Ltd.
- Dytran Instruments Inc.
- ELPA TV & Bredbandsteknik AB
- Kinetic Ceramics LLC
- Johnson Matthey Piezo Products GmbH
- Physik Instrumente GmbH & Co. KG
- HongKong Piezo Company Limited
- TRS Technologies India Pvt. Ltd.
- Sparkler Ceramics Ltd.
- Solvay SA
- Usound GmbH
- Centre for Process Innovation Limited
- Sensor Technology Ltd.
- Actuated Medical Inc.
- Aito BV
- Vesper Technologies Inc.
- Sensonics Ltd.
- Harri Krishna Exports Pvt. Ltd.
- Murata Manufacturing Co. Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 27.28 Billion |
| Forecasted Market Value ( USD | $ 31.39 Billion |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 41 |
