According to a new report published by Allied Market Research, titled, "Piezoceramic Discs Market," The piezoceramic discs market was valued at $2.9 billion in 2022, and is estimated to reach $5.4 billion by 2032, growing at a CAGR of 6.6% from 2023 to 2032.
The growth of global piezoceramic discs is majorly driven by the increasing adoption of piezoelectric devices for application paired with the growing demand for piezoelectric sensors and actuators from various end-use industries. Moreover, the rising demand for piezoelectric inkjet print heads from the printing industry is expected to drive market growth. However, the high cost of raw materials for piezoceramic discs is acting as the prime restraint of the global market. On the contrary, the rising demand for piezoelectric devices in developing applications is anticipated to provide lucrative opportunities for the Piezoceramic discs industry during the forecast period.
The Piezoceramic discs market is segmented into product type, application, and region. On the basis of type, the market is categorized into below 10mm, 10mm to 50mm, and above 50mm. By application, the Piezoceramic discs market is classified into sensor and actuators, energy harvesting, medical device, industrial applications, and consumer electronics. Region-wise, the piezoceramic discs market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key players operating in the market include Physik Instrumente (PI) GmbH & Co. KG., Murata, TDK, CTS Corporation, Sparkler Ceramics, CeramTec, Fuji Ceramics Corporation, TRS Technologies, Inc, Micromechatronics Inc., and Sensor Technology Ltd.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the piezoceramic discs market analysis from 2022 to 2032 to identify the prevailing piezoceramic discs market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the piezoceramic discs market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global piezoceramic discs market trends, key players, market segments, application areas, and market growth strategies.
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- Product Benchmarking / Product specification and applications
- Supply Chain Analysis & Vendor Margins
- Market share analysis of players by products/segments
- New Product Development/ Product Matrix of Key Players
- Patient/epidemiology data at country, region, global level
- Regulatory Guidelines
- Criss-cross segment analysis- market size and forecast
- Historic market data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
- SWOT Analysis
Key Market Segments
By Type
- Below 10mm
- 10mm to 50mm
- Above 50mm
By Application
- Sensor and Actuators
- Energy Harvesting
- Medical Device
- Industrial Applications
- Consumer Electronics
By Region
- North America
- Europe
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- TDK Corp.
- Sensor Technology Ltd
- Fuji Ceramics Corporation
- Micromechatronics Inc
- Physik Instrumente (PI) GmbH & Co. KG.
- CeramTec GmbH
- Murata Manufacturing Co.,Ltd
- TRS Technologies, Inc
- CTS Corporation
- Sparkler Ceramics Pvt. Ltd.