Piezoceramic Components for Automotives Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 10.0% from 2024 to 2030.
The global market for piezoceramic components in the automotive sector was valued at approximately USD 1.2 billion in 2022. This market is anticipated to grow at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030. The expansion is driven by increasing demand for advanced driver assistance systems (ADAS), enhanced vehicle safety features, and rising adoption of electric vehicles (EVs) which utilize piezoceramic components for various functions such as vibration control, sensors, and actuators. Technological advancements and the integration of piezoelectric materials in modern automotive applications are expected to contribute significantly to this growth trajectory.
Opportunity analysis reveals a robust potential in emerging markets, particularly in Asia-Pacific and Latin America, where automotive production is experiencing rapid growth. The increasing automotive manufacturing base and investment in research and development (R&D) for innovative piezoceramic applications are likely to create lucrative opportunities for market players. Additionally, the rising emphasis on fuel efficiency and emission reduction technologies is expected to drive further demand for piezoceramic components. As automotive technologies evolve, the market for piezoceramics is positioned for significant expansion, providing ample opportunities for stakeholders to capitalize on the sector's growth.
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KYOCERA Corporation
CeramTec GmbH
PI Ceramic GmbH
Fuji Ceramics Corporation
Johnson Matthey
CTS Corporation
Piezo Technologies
TRS Technologies
Meggitt PLC
Piezo Kinetics Inc
APC International
Ltd
Sparkler Ceramics Pvt. Ltd
Weifang Jude Electronic Co.
Ltd
Boston Piezo-Optics Inc.
Changzhou Keliking Electronics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Piezoceramic Components for Automotives Market
Direct Automotive Applications
Indirect Automotive Applications
Based on Types the Market is categorized into Below types that held the largest Piezoceramic Components for Automotives market share In 2023.
Single Plate Piezo Ceramics
Multilayer Piezo Ceramics
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Piezoceramic Components for Automotives Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Piezoceramic Components for Automotives Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Piezoceramic Components for Automotives Market, By Type
6. Global Piezoceramic Components for Automotives Market, By Application
7. Global Piezoceramic Components for Automotives Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Piezoceramic Components for Automotives Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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