Piezoelectric Devices Market

By Product;

Piezoelectric Sensors, Piezoelectric Actuators, Piezoelectric Motors, Piezoelectric Transducers, and Piezoelectric Generators

By Material;

Polymer, Crystal, Ceramic, and Composites

By Application;

Aerospace & Defense, Industrial & Manufacturing, Automotive, Healthcare, Information & Communication, and Consumer Electronics

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn136563092 Published Date: June, 2025 Updated Date: July, 2025

Piezoelectric Devices Market Overview

Piezoelectric Devices Market (USD Million)

Piezoelectric Devices Market was valued at USD 32,693.95 million in the year 2024. The size of this market is expected to increase to USD 44,194.77 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.


Piezoelectric Devices Market

*Market size in USD million

CAGR 4.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.4 %
Market Size (2024)USD 32,693.95 Million
Market Size (2031)USD 44,194.77 Million
Market ConcentrationHigh
Report Pages331
32,693.95
2024
44,194.77
2031

Major Players

  • CeramTec GmbH
  • CTS Corporation
  • Kistler Group
  • Aerotech Inc.
  • piezosystem jena GmbH
  • Piezo Technologies
  • APC International, Ltd.
  • Mad City Labs, Inc.
  • TE Connectivity Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Piezoelectric Devices Market

Fragmented - Highly competitive market without dominant players


The Piezoelectric Devices Market is witnessing robust growth driven by increasing adoption across precision-based industries. The integration of ultrasonic sensors, actuators, and transducers has surged significantly, with demand expanding by over 28% due to miniaturization and efficiency trends. These devices are being widely integrated into medical imaging, automation, and aerospace systems, enhancing their relevance and penetration.

Innovation and Product Development
Continuous innovation in ceramic materials and composite piezo elements has strengthened the market landscape. New devices offering higher voltage sensitivity and compact form factors are contributing to a 31% rise in product deployment across diverse sectors. Rapid advancements in flexible electronics and thin-film technologies are further reshaping design possibilities, amplifying product relevance.

Industrial and Commercial Applications
The market is significantly influenced by expanding use in industrial automation and consumer electronics. Applications in energy harvesting and precision actuation have led to a 26% increase in installation across production lines and smart devices. These use cases offer not only enhanced operational performance but also support for energy-efficient systems.

Future Outlook and Technology Trends
The market outlook remains promising, supported by emerging applications in robotics, IoT, and defense systems. The transition toward miniaturized, multifunctional devices is expected to boost demand by another 29%. As the technology matures and becomes more accessible, broader adoption across multiple industries is anticipated to sustain momentum.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Material
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Piezoelectric Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for precision actuation systems

        2. Expanding automotive sensors and energy harvesters

        3. Increased use in medical ultrasound devices

        4. Rising industrial vibration and pressure monitoring

      2. Restraints
        1. High material and device production costs

        2. Performance affected by extreme environmental factors

        3. Limited piezo material diversity and availability

        4. Regulatory certification complexities for new devices

      3. Opportunities
        1. Integration in wearable health monitoring systems

        2. Deployment in IoT smart sensor networks

        3. Use in advanced robotics and drones

        4. Expansion in renewable energy harvesting solutions

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Piezoelectric Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Piezoelectric Sensors
      2. Piezoelectric Actuators
      3. Piezoelectric Motors
      4. Piezoelectric Transducers
      5. Piezoelectric Generators
    2. Piezoelectric Devices Market, By Material, 2021 - 2031 (USD Million)
      1. Polymer
      2. Crystal
      3. Ceramic
      4. Composites
    3. Piezoelectric Devices Market, By Application, 2021 - 2031 (USD Million)
      1. Aerospace & Defense
      2. Industrial & Manufacturing
      3. Automotive
      4. Healthcare
      5. Information & Communication
      6. Consumer Electronics
    4. Piezoelectric Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. APC International, Ltd.
      2. CeramTec GmbH
      3. CTS Corporation
      4. KEMET Corporation
      5. Kistler Group
      6. Mad City Labs, Inc.
      7. Murata Manufacturing
      8. Piezo System Jena
      9. Piezo Technologies
      10. PCB Piezotronics, Inc.
      11. Physik Instrumente (PI) SE & Co. KG
      12. Piezomechanik Dr. Lutz Pickelmann GmbH
      13. Tokin America, Inc.
      14. TDK Corporation
  7. Analyst Views
  8. Future Outlook of the Market