Global Composites Piezoelectric Material Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Material Type;
Ceramics, Polymers, Composites, and Others.By Application;
Actuators, Sensors, Transducers, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Composites Piezoelectric Material Market (USD Million), 2021 - 2031
In the year 2024, the Global Composites Piezoelectric Material Market was valued at USD 299.69 million. The size of this market is expected to increase to USD 459.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.
The Global Composites Piezoelectric Material Market is witnessing significant growth driven by the increasing demand for advanced materials in various high-tech applications. Piezoelectric materials, which generate an electric charge in response to mechanical stress, are crucial in numerous industries including electronics, automotive, aerospace, and healthcare. The development and integration of composite piezoelectric materials, which combine the properties of piezoelectric ceramics and polymers, have enhanced performance characteristics such as flexibility, durability, and higher sensitivity. This advancement is leading to broader adoption across diverse applications, fueling market expansion.
Technological innovations and extensive research activities are major factors contributing to the market's growth. Companies and research institutions are continuously exploring new composite formulations to improve piezoelectric efficiency and tailor materials for specific applications. For instance, in the healthcare sector, composite piezoelectric materials are increasingly used in medical devices such as ultrasound equipment and sensors, offering improved performance and reliability. In the automotive industry, these materials are utilized in sensors and actuators, playing a critical role in advanced driver-assistance systems (ADAS) and enhancing vehicle safety features.
The rise in consumer electronics, driven by the proliferation of smart devices and the Internet of Things (IoT), is propelling the demand for composite piezoelectric materials. These materials are essential in the manufacturing of sensors, actuators, and energy harvesting devices used in various electronic gadgets. The ongoing trend towards miniaturization and the need for highly efficient and reliable materials in electronic components are further accelerating market growth. As industries continue to adopt and innovate with composite piezoelectric materials, the market is poised for substantial growth in the coming years.
Global Composites Piezoelectric Material Market Recent Developments
- In April 2020, CTS Corporation announced the expansion of its product portfolio by introducing four crystal families for application in automotive-grade crystal resonators.
- In July 2019, PI Ceramic GmbH announced the expansion of its production facility present in Lederhose, Thuringia. The expansion shall increase the facility’s area from 12,000 sq.m. to 19,500 sq.m.
Segment Analysis
The Global Composites Piezoelectric Material Market is segmented by material type into ceramics, polymers, composites, and others, each offering distinct advantages for various applications. Ceramics are the most commonly used piezoelectric material due to their high piezoelectric coefficients, making them ideal for applications that require high sensitivity and efficiency, such as in actuators and sensors. These materials are used extensively in industries like automotive, aerospace, and healthcare for their durability, stability, and strong performance under extreme conditions. Polymers, while offering lower piezoelectric coefficients than ceramics, provide flexibility and ease of processing, making them suitable for applications where lightweight and conformability are essential, such as in wearable devices or flexible sensors. Composites, which combine the benefits of ceramics and polymers, offer enhanced properties like higher strength, greater flexibility, and improved durability, allowing for broader use across various industries. The "others" category includes novel materials and hybrid piezoelectric materials that are still under development for specialized applications.
In terms of application, the composites piezoelectric material market is widely utilized in actuators, sensors, transducers, and other applications. Actuators represent a significant segment, where piezoelectric materials convert electrical signals into mechanical motion, enabling high-precision systems in robotics, automotive, and aerospace industries. These materials are essential in systems that require rapid, precise control of motion, such as vibration damping, active noise control, and precise positioning systems. Sensors, another major application, leverage the ability of piezoelectric materials to detect mechanical stress or pressure and convert it into an electrical signal. These sensors are used extensively in the automotive industry for monitoring tire pressure, engine vibrations, and structural health, as well as in medical devices like ultrasound imaging, where precise detection of physical changes is critical.
Piezoelectric transducers are also a key application, converting energy between electrical and mechanical forms, and are used in systems like ultrasonic cleaning, medical diagnostics, and underwater communications. In medical ultrasound, for example, piezoelectric transducers generate and receive sound waves, providing clear imaging for non-invasive diagnostics. The "others" category includes emerging applications such as energy harvesting, where piezoelectric materials are used to convert mechanical vibrations or movements into electrical energy, powering small electronic devices. As industries continue to innovate and demand more efficient and flexible solutions, the composites piezoelectric material market is expected to grow, with diverse material types and applications driving this expansion. This segmentation reflects the broad versatility and increasing importance of piezoelectric materials in high-tech, energy-efficient, and precision-demanding sectors.
Global Composites Piezoelectric Material Segment Analysis
In this report, the Global Composites Piezoelectric Material Market has been segmented by Material Type, Application, and Geography.
Global Composites Piezoelectric Material Market, Segmentation by Material Type
The Global Composites Piezoelectric Material Market has been segmented by Material Type into Ceramics, Polymers, Composites, and Others.
Ceramics are the most widely used piezoelectric materials due to their excellent piezoelectric properties and high stability. They are commonly employed in sensors, actuators, and resonators across various applications, including automotive and aerospace industries. Ceramics offer high performance and reliability but can be brittle and less flexible compared to other materials.
Polymers represent a significant segment in the market, known for their flexibility, lightweight, and ease of processing. Piezoelectric polymers, such as polyvinylidene fluoride (PVDF), are increasingly used in applications that require conformable and lightweight materials. These polymers are ideal for use in wearable technology, medical devices, and flexible sensors due to their ability to be easily integrated into various shapes and sizes.
Composites combine the properties of different materials to enhance performance and versatility. Composite piezoelectric materials leverage the advantages of both ceramics and polymers, offering improved mechanical properties, flexibility, and durability. These composites are used in advanced applications such as aerospace components and high-performance sensors. The "Others" category includes various specialized and emerging piezoelectric materials that cater to niche applications and innovative uses. This segmentation allows the market to address a broad range of needs across different industries, driving growth and technological advancement.
Global Composites Piezoelectric Material Market, Segmentation by Application
The Global Composites Piezoelectric Material Market has been segmented by application into Actuators, Sensors, Transducers, and Others.
The Global Composites Piezoelectric Material Market is segmented by application into actuators, sensors, transducers, and others, each serving distinct roles across various industries. Actuators are one of the key applications of piezoelectric materials, utilizing their ability to convert electrical signals into mechanical movement. These materials are widely used in precision systems, robotics, and manufacturing automation, where high levels of control and responsiveness are required. In automotive and aerospace sectors, piezoelectric actuators are increasingly used for systems such as vibration control, adaptive mirrors, and active noise cancellation, enhancing overall performance and efficiency.
Sensors represent another significant application of piezoelectric materials, leveraging their ability to detect mechanical stress or pressure and convert it into an electrical signal. These sensors are critical in various industries, including automotive, medical, industrial automation, and consumer electronics. In automotive systems, piezoelectric sensors are used for detecting pressure changes in tires, monitoring vibrations in engines, and enhancing safety systems. In medical applications, they play a vital role in devices such as ultrasound machines and pacemakers, where accurate sensing of physical parameters is essential. The versatility and sensitivity of piezoelectric sensors drive their growing demand in these sectors.
Transducers, another prominent application, utilize piezoelectric materials to convert energy from one form to another, typically between electrical and mechanical energy. These are widely used in applications such as ultrasonic cleaning, medical imaging (ultrasound), and underwater communication systems. In ultrasound imaging, for instance, piezoelectric transducers generate sound waves that are then reflected off tissues and organs, helping to create detailed images for diagnosis. The "others" category includes specialized applications such as energy harvesting, where piezoelectric materials are used to capture ambient mechanical energy and convert it into electrical energy for low-power devices, reflecting the broad potential of these materials in emerging technologies. This diversity in applications highlights the growing importance of piezoelectric materials in various high-tech and industrial applications.
Global Composites Piezoelectric Material Market, Segmentation by Geography
In this report, the Global Composites Piezoelectric Material Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Composites Piezoelectric Material Market Share (%), by Geographical Region, 2024
The Global Composites Piezoelectric Material Market is segmented by geography into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In North America, the market is driven by advanced technological developments and a strong presence of key players in the aerospace, automotive, and healthcare sectors. The United States and Canada are significant contributors to the market, with ongoing innovations and high adoption rates of piezoelectric materials in various high-tech applications.
Europe is another major market, characterized by its robust industrial base and focus on cutting-edge technology. Countries like Germany, France, and the UK are at the forefront of adopting advanced piezoelectric materials in aerospace, defense, and industrial automation. The region's emphasis on sustainability and technological advancements also boosts the demand for high-performance piezoelectric materials in environmental monitoring and renewable energy applications.
Asia-Pacific is experiencing the fastest growth in the composites piezoelectric material market, driven by rapid industrialization and increasing investments in technology. China, Japan, and India are leading the market due to their expanding automotive, consumer electronics, and healthcare sectors. The region's growing focus on smart technologies and infrastructure development is further accelerating the adoption of piezoelectric materials. Latin America and Middle East & Africa are emerging markets with increasing industrial activities and infrastructure projects, contributing to the market's growth and development in these regions.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Composites Piezoelectric Material Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Technological Advancements
- Growing Demand Electronics
- Automotive Industry Expansion
-
Healthcare Applications Growth: The growth of healthcare applications is a significant driver for the global composites piezoelectric material market. Piezoelectric materials are integral to various medical devices, including ultrasound equipment, diagnostic imaging systems, and therapeutic devices. These materials enable precise measurements and control, enhancing the performance and accuracy of medical diagnostics and treatments. As the healthcare industry advances towards more sophisticated and minimally invasive procedures, the demand for high-performance piezoelectric materials that offer improved sensitivity and reliability is increasing. Innovations in medical technology are driving the need for more advanced piezoelectric materials to meet the evolving requirements of healthcare applications.
The expanding use of piezoelectric materials in wearable health monitoring devices and implants is contributing to market growth. These materials are used in sensors and actuators that monitor physiological parameters, such as heart rate and blood pressure, providing real-time data to healthcare providers. The rise in chronic diseases and the growing emphasis on preventive healthcare are fueling the demand for such wearable and implantable devices. As technology continues to evolve and healthcare needs become more complex, the integration of advanced piezoelectric materials in medical applications is expected to grow, driving further advancements in healthcare technology and contributing to the expansion of the global market.
Restraints
- High Production Costs
- Limited Material Availability
- Technical Challenges Integration
-
Regulatory Compliance Issues: Regulatory compliance poses a notable challenge for the global composites piezoelectric material market. The use of piezoelectric materials in various applications is subject to stringent regulations and standards, especially in sensitive sectors such as healthcare and aerospace. Compliance with these regulations ensures that materials meet safety, performance, and environmental standards, but it also involves complex certification processes and rigorous testing. Navigating these regulatory requirements can be time-consuming and costly, potentially slowing down the development and commercialization of new piezoelectric materials.
The regulatory landscape can vary significantly across different regions and countries, complicating the process for global companies. Companies must stay abreast of diverse regulations and adapt their products and processes to meet varying standards. This can lead to increased operational costs and delays in market entry. Effective management of regulatory compliance is crucial for maintaining product quality and ensuring safety, but it requires substantial resources and expertise, which can be a barrier to entry for smaller players in the market.
Opportunities
- Emerging Market Applications
- Innovation Energy Harvesting
- Increasing IoT Adoption
-
Research Funding Increase: The increase in research funding is a key driver for growth in the global composites piezoelectric material market. Enhanced investment in research and development (R&D) facilitates the exploration of new materials, improved manufacturing processes, and innovative applications of piezoelectric composites. Increased funding supports the advancement of technologies that enhance the performance, efficiency, and cost-effectiveness of piezoelectric materials. This financial backing enables researchers and companies to push the boundaries of what is possible, leading to breakthroughs that can transform various industries, including electronics, healthcare, and automotive.
Government grants, private investments, and partnerships with academic institutions contribute significantly to the R&D ecosystem. These funding sources not only help accelerate the development of advanced piezoelectric materials but also foster collaboration between industry and academia. As research efforts continue to receive robust financial support, the market is likely to see rapid innovation and the introduction of cutting-edge piezoelectric solutions, driving growth and expanding the scope of applications in the global market.
Competitive Landscape Analysis
Key players in Global Composites Piezoelectric Material Market include;
- APC International
- Harris Corp.
- PI Ceramic
- Morgan Technical Ceramics
- Mad City Labs, Inc.
- Smart Materials Corp.
- Piezo Kinetics, Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Material Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Composites Piezoelectric Material Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Technological Advancements
- Growing Demand Electronics
- Automotive Industry Expansion
- Healthcare Applications Growth
- Restraints
- High Production Costs
- Limited Material Availability
- Technical Challenges Integration
- Regulatory Compliance Issues
- Opportunities
- Emerging Market Applications
- Innovation Energy Harvesting
- Increasing IoT Adoption
- Research Funding Increase
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Composites Piezoelectric Material Market, By Material Type, 2021 - 2031 (USD Million)
- Ceramics
- Polymers
- Composites
- Others
- Global Composites Piezoelectric Material Market, By Application, 2021 - 2031 (USD Million)
- Actuators
- Sensors
- Transducers
- Others
- Global Composites Piezoelectric Material Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Composites Piezoelectric Material Market, By Material Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- APC International
- Harris Corp.
- PI Ceramic
- Morgan Technical Ceramics
- Mad City Labs, Inc.
- Smart Materials Corp.
- Piezo Kinetics, Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market