Product Code: SQMIG30L2296Piezoelectric Devices Market size was valued at USD 34.2 billion in 2023 and is poised to grow from USD 36.77 billion in 2024 to USD 65.57 billion by 2032, growing at a CAGR of 7.5% during the forecast period (2025-2032).

The piezoelectric materials market is evolving rapidly, driven by a diverse range of applications in electronics, automotive, healthcare, and defense. Traditional materials like quartz crystals are largely replaced by advanced options such as piezoceramics and composites due to their superior performance under varied conditions. The demand for these materials saw fluctuations due to industry disruptions caused by the COVID-19 pandemic; however, companies are pivoting to meet rising healthcare needs with innovative solutions, like those from PI Ceramics for in-vitro diagnostics. Recent advancements include CeramTec's launch of Sinalit, a silicon nitride substrate enhancing performance and sustainability in electromobility. Additionally, Aerotech's expansion in South Korea underscores a strategic focus on semiconductor and precision engineering sectors, reinforcing competitive market positioning.

Top-down and bottom-up approaches were used to estimate and validate the size of the Piezoelectric Devices market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Piezoelectric Devices Market Segments Analysis

Global Piezoelectric Devices Market is segmented by Mode Of Operation, Product, Material, Element, Application and region. Based on Mode Of Operation, the market is segmented into Direct Piezoelectric Effect and Converse Piezoelectric Effect. Based on Product, the market is segmented into Piezoelectric Sensors, Piezoelectric Actuators, Piezoelectric Motors, Piezoelectric Generators, Piezoelectric Transducers and Other Products. Based on Material, the market is segmented into Piezoelectric Crystals, Piezoelectric Ceramics, Piezoelectric Polymers and Piezoelectric Composites. Based on Element, the market is segmented into Piezoelectric Discs, Piezoelectric Rings and Piezoelectric Plates. Based on Application, the market is segmented into Aerospace & Defense, Industrial & Manufacturing, Automotive, Healthcare, Information & Communication, Consumer Electronics and Other Applications. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Piezoelectric Devices Market

The Piezoelectric Devices market is primarily driven by the growing demand from end-use industries, particularly in automotive and electronics manufacturing, which are increasingly adopting automation within their production processes. This trend has led to a heightened need for devices like sensors, transducers, actuators, and motors that facilitate efficient operation of production lines. These devices leverage the unique properties of piezoelectric materials to accurately measure a range of parameters, including acceleration, pressure, strain, and acoustic intensity. Consequently, as industries continue to invest in automation technologies, the demand for piezoelectric devices and materials is anticipated to experience significant growth.

Restraints in the Piezoelectric Devices Market

The piezoelectric devices market faces several restraints that hinder its growth. Although piezo materials, including PZT and natural piezo crystals, are widely used in sensing and energy conversion applications, they struggle to distinguish between actual signals and background noise. This limitation can lead to inaccurate outcomes, compromising the overall performance of devices utilizing these materials. Additionally, piezoelectric materials may not perform consistently under harsh environmental conditions, such as extreme temperatures and significant stress. This inconsistency further limits their adoption in applications where reliability is crucial, ultimately posing challenges for the advancement and integration of piezoelectric technologies in various industries.

Market Trends of the Piezoelectric Devices Market

The global Piezoelectric Devices market is experiencing a notable upward trend driven by the increasing demand for machine efficiency and enhanced employee safety across various sectors. Industries such as construction, manufacturing, agriculture, and mining are increasingly implementing advanced control systems that leverage piezoelectric technologies to optimize operations and minimize resource wastage. These devices facilitate real-time monitoring and precision guidance, significantly boosting productivity while ensuring machines operate with greater accuracy. Moreover, the rising emphasis on worker safety, fueled by stricter labor regulations and heightened awareness of workplace hazards, further accelerates the adoption of piezoelectric solutions, positioning the market for robust growth in the coming years.

Table of Contents

Introduction

Objectives of the Study

Scope of the Report

Definitions

Research Methodology

Information Procurement

Secondary & Primary Data Methods

Market Size Estimation

Market Assumptions & Limitations

Executive Summary

Global Market Outlook

Supply & Demand Trend Analysis

Segmental Opportunity Analysis

Market Dynamics & Outlook

Market Overview

Market Size

Market Dynamics

Drivers & Opportunities

Restraints & Challenges

Porters Analysis

Competitive rivalry

Threat of substitute

Bargaining power of buyers

Threat of new entrants

Bargaining power of suppliers

Key Market Insights

Key Success Factors

Degree of Competition

Top Investment Pockets

Market Ecosystem

Market Attractiveness Index, 2024

PESTEL Analysis

Macro-Economic Indicators

Value Chain Analysis

Pricing Analysis

Patent Analysis

Regulatory Analysis

Technology Analysis

Case Studies

Global Piezoelectric Devices Market Size by Mode Of Operation & CAGR (2025-2032)

Market Overview

Direct Piezoelectric Effect

Converse Piezoelectric Effect

Global Piezoelectric Devices Market Size by Product & CAGR (2025-2032)

Market Overview

Piezoelectric Sensors

Piezoelectric Actuators

Stack Actuators

Stripe Actuators

Shear Actuators

Tube Actuators

Piezoelectric Motors

Piezoelectric Generators

Single-Layer

Multi-Layer

Piezoelectric Transducers

Other Products

Global Piezoelectric Devices Market Size by Material & CAGR (2025-2032)

Market Overview

Piezoelectric Crystals

Piezoelectric Ceramics

Soft Ceramics

Hard Ceramics

Piezoelectric Polymers

Piezoelectric Composites

Global Piezoelectric Devices Market Size by Element & CAGR (2025-2032)

Market Overview

Piezoelectric Discs

Piezoelectric Rings

Piezoelectric Plates

Global Piezoelectric Devices Market Size by Application & CAGR (2025-2032)

Market Overview

Aerospace & Defense

Industrial & Manufacturing

Automotive

Healthcare

Imaging Devices

Diagnostic Equipment

Surgical Tools

Information & Communication

Consumer Electronics

Wearable Devices

Electronic Devices

Other Applications

Global Piezoelectric Devices Market Size & CAGR (2025-2032)

North America (Mode Of Operation, Product, Material, Element, Application)

US

Canada

Europe (Mode Of Operation, Product, Material, Element, Application)

Germany

Spain

France

UK

Italy

Rest of Europe

Asia Pacific (Mode Of Operation, Product, Material, Element, Application)

China

India

Japan

South Korea

Rest of Asia-Pacific

Latin America (Mode Of Operation, Product, Material, Element, Application)

Brazil

Rest of Latin America

Middle East & Africa (Mode Of Operation, Product, Material, Element, Application)

GCC Countries

South Africa

Rest of Middle East & Africa

Competitive Intelligence

Top 5 Player Comparison

Market Positioning of Key Players, 2024

Strategies Adopted by Key Market Players

Recent Developments in the Market

Company Market Share Analysis, 2024

Company Profiles of All Key Players

Company Details

Product Portfolio Analysis

Company's Segmental Share Analysis

Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

TDK Corporation (Japan)

Company Overview

Business Segment Overview

Financial Updates

Key Developments

CTS Corporation (US)

Company Overview

Business Segment Overview

Financial Updates

Key Developments

PI Ceramic (Germany)

Company Overview

Business Segment Overview

Financial Updates

Key Developments

Murata Manufacturing Co., Ltd. (Japan)

Company Overview

Business Segment Overview

Financial Updates

Key Developments

Kyocera Corporation (Japan)

Company Overview

Business Segment Overview

Financial Updates

Key Developments

Physik Instrumente (PI) GmbH & Co. KG (Germany)

Company Overview

Business Segment Overview

Financial Updates

Key Developments

APC International, Ltd. (US)

Company Overview

Business Segment Overview

Financial Updates

Key Developments

Kistler Group (Switzerland)

Company Overview

Business Segment Overview

Financial Updates

Key Developments

Piezosystem Jena GmbH (Germany)

Company Overview

Business Segment Overview

Financial Updates

Key Developments

Mad City Labs, Inc. (US)

Company Overview

Business Segment Overview

Financial Updates

Key Developments

Meggitt PLC (UK)

Company Overview

Business Segment Overview

Financial Updates

Key Developments

Conclusion & Recommendations