Piezoelectric Devices Market Size, Share and Trends

Piezoelectric generators segment to record highest CAGR during forecast period

Piezoelectric generators are used to produce and store energy when subjected to mechanical stress. They work on the direct and reverse piezoelectric effects. In the direct piezoelectric effect, the electric charge is displaced when the piezoelectric material undergoes mechanical deformation. In the reverse piezoelectric effect, a piezoelectric material converts the mechanical force applied to it into electrical energy or electric charge. Piezoelectric ceramic materials are primarily used in piezoelectric generators. These materials produce voltages across the electrode gap when subjected to mechanical stress. This generated voltage can produce a spark or ignition. Owing to this, they are used as ignitors in fuel lighters, gas stoves, welding equipment, and other similar apparatus. In this way, the electrical energy generated by piezoelectric materials can be stored.

Piezoelectric generators can produce high-voltage outputs and low-electrical currents. These generators offer several advantages, such as simple design, compact structure, high stability, high durability, and maintenance-free. Owing to this, they are widely used in applications, such as wireless electronic devices, energy harvesting systems, and embedded MEMS devices. Additionally, they are used as a power generation source for portable and low-power-consuming devices, such as munitions and wireless sensors that monitor automobile tire pressure.

Piezoelectric ceramics segment to account for largest market share in 2030

Piezoelectric ceramics will dominate the piezoelectric devices market during the forecast period. The primary reason is the rising demand for ceramic-based lead zirconate titanate (PZT), which provides immense displacement and gives a huge voltage, increasing their demand. Direct and converse piezoelectric effects are strong in piezoelectric ceramics. Piezoelectric ceramics have high piezoelectric sensitivity and may take on various forms. Lead zirconate titanate (PZT) is a commonly used piezoelectric ceramic material. In addition, ferroelectric ceramic materials with large displacements are made polycrystalline, such as barium titanate (BaTiO3) and lead zirconate titanate (PZT), causing higher electric voltages to be induced. They provide high output, fast response time, and high frequency and can be used in low-voltage and high-voltage drive circuits. They are available in all shapes and sizes. Therefore, piezoelectric ceramics have been widely used and accepted as commercially viable piezoelectric materials. Additionally, the manufacturing cost of piezoelectric ceramics is low. Moreover, these materials are easily tailored to meet requirements in specific applications, such as medical technologies, mechanical and automotive engineering, and semiconductor technologies. Thus, the most preferred material for manufacturing piezoelectric devices are piezoelectric ceramics.

Healthcare segment to register highest CAGR in piezoelectric devices market during forecast period

The healthcare sector is completely dependent on advanced techniques, such as imaging, diagnostic scanning, and robotic surgeries, to serve patients. Therefore, medical device manufacturers understand the advantages of incorporating piezoelectric components and materials in life-saving medical devices, such as respirators, ventilators, and atomization systems. Piezoelectric devices are widely used in the healthcare sector, from which one of the primary applications of piezoelectric materials is applied in ultrasound imaging. In such applications, piezoelectric transducers produce and receive sound waves to form high-resolution images used for medical diagnostics, including fetal monitoring, cardiovascular assessment, and internal organ examinations. In therapeutic applications, piezoelectric actuators are applied in HIFU devices, which provide non-invasive cancer treatment, and lithotripsy machines that break kidney stones. Wearable health devices exploit piezoelectric sensors to capture vital signs, such as heart rates, breathing, and blood pressure, in real time, making it non-invasive and making it easy to track the patient’s health. High-quality requirements for piezoelectric elements and materials will grow in proportion with increasing lifelike expectancy. Piezoelectric tissue actuators offer the flexibility and biocompatibility to be applied in the stimulation of tissue regeneration and the potential to replace a human organ that has been seriously damaged.