What is Piezoelectric Sensor Market?
A piezoelectric sensor, also known as a piezoelectric transducer, that uses the piezoelectric effect to measure changes in pressure, acceleration, temperature, light, heat, motion, moisture, strain or force by converting these into an electrical charge. The piezoelectric material have the ability to convert mechanical stress into electrical charge which is called a piezoelectric effect. Two main sensing materials that are used for piezoelectric sensors are piezoelectric ceramics such as PZT ceramic and single-crystal materials. There are also new single-crystal materials that are commercially available, which includes lead-magnesium-niobate lead titanate.
The market study is being classified by Type (Actuators, Motors, Transducers, Generators and Others), by Application (Consumer Electronics, Manufacturing, Aerospace & Defense, Automotive, Healthcare and Others) and major geographies with country level break-up.
Exelis Inc. (United States), Morgan Advanced Materials (United Kingdom), APC International, Ltd. (United States), Piezosystem jena GmbH (Germany), Physik Instrumente (PI) GmbH & Co. KG. (Germany), Aerotech Inc. (United States), CTS Coporation (United States), Ceramtec GmbH (Germany), Mad City Labs Inc. (United States), Piezo Solutions (United States), US Eurotek, Inc. (United States), Piezomechanik Dr. Lutz Pickelmann GmbH (Germany) and PCB Piezotronics (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Piezoelectric Sensor market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Piezoelectric Sensor market by Type, Application and Region.
On the basis of geography, the market of Piezoelectric Sensor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Demand for Piezoelectric Materials
- Evolving Applications of Piezoelectric Devices
Market Trend
- Increasing Demand for Low-Power Portable Energy Sources
- Technological Advancements in Piezo Motion
Restraints
- High Cost of Piezoelectric Materials
- Stringent Government Regulations
Opportunities
- Rising Use of Piezoelectric Materials in Nanotechnology
- Development of High-Performance Materials for Piezoelectric Sensor
On February 12, 2019 - CTS Corporation has expanded the piezoelectric product line to include the ability to design, engineer, and manufacture complex shapes such as hemispheres, spheres, and curved plates. These shapes are widely used for ultrasonic underwater devices and ultrasonic medical transducers. The company has increased their capabilities to enable the offering of complex geometries manufactured with superior surface finishes from world class PZT piezoelectric materials.
Key Target Audience
Manufacturers of Piezoelectric Sensors, Suppliers of Piezoelectric Sensors, Wholesalers, Distributors and Retailers of Piezoelectric Sensors, Aerospace Industry, Electronic Industry, Healthcare Industry and Governmental Bodies