About Piezo Buzzers
The piezo buzzer is electric equipment that produces sound based on the piezoelectric effect. This equipment is used to alert the user in a situation such as switching action, counter signal, and others. It consists of piezo crystals between the two conductors. This buzzer produce sound in the range of near about 2 to 4 KHz. Piezoelectric buzzers are highly adopted when consumers required lower power consumption, lack of magnetic field, and no added EMI/EMC concerns. It is often considered alarms or warning tones and becoming typically found in timers, computer devices, pest deterrents, telephones, toys, and games.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.3% |
The global piezo buzzers market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that China Players will contribute the maximum growth to Global Piezo Buzzers market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Murata (Japan), TDK (Japan), Omron (Japan), Kingstate Electronics (China), DB Products Limited (China), Changzhou Chinasound (China), CUI Inc. (United States), Xinghua Huayu Electronics Co. Ltd (China), Hunston Electronics (China) and Hitpoint (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Mallory Sonalert (United States), Dongguan Ruibo (China), Soberton (United Kingdom) and Ariose (China).
Segmentation Overview
AMA Research has segmented the market of Global Piezo Buzzers market by Type (Active Piezo Buzzer and Passive Piezo Buzzer), Application (Electric Ranges, Washing Machines, Computer Terminals and Others) and Region.
On the basis of geography, the market of Piezo Buzzers 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). If we see Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Piezo Buzzers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Piezo Indicator will boost the Piezo Buzzers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement In Electronic and Safety Based Products
Market Growth Drivers:
Growing Requirement in Medical Industry, Increasing Presence in Warning Devices and Development in Automobile Equipment
Challenges:
Lack Of Consumer Awareness
Restraints:
Fluctuation in the Cost of Raw Materials
Opportunities:
Rising Number of Cases like Burglary, Robbery, And Other Cases
Market Leaders and their expansionary development strategies
In September 2023, Vicor Signs Partnership Agreement with Arrow Electronics, This agreement comes at a time when many of our customers are asking for smaller and more efficient solutions for their power-delivery networks that are changing to meet ever-increasing system power.
In November 2023, Murata and IIJ have launched of the Crossborder Co-DataBiz IoT data service platform, a collaborative service founded on the sensing and network technologies, data analytics, business model knowledge and know-how developed by the two organizations through the highly successful Traffic Counter data service.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Piezo Buzzers Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.