Piezoceramic Sensors: Introduction

  • A piezoceramic sensor is sensor in which the active sensing material is both piezoelectric and ceramic.
  • The ceramic is a non-metallic and inorganic material, which can adopt different geometries without losing its functional properties. This is the key advantage of using ceramic in sensors.
  • Piezoceramic sensors are useful for sensing of a variety of physical parameters including strain, force, induced shock, temperature, acceleration, and pressure. Moreover, these sensors are used in various applications including burglar alarms, parking aids, flow rate measurement, immersed transducer measurement, and pickups for the music industry.They are also employed as acceleration sensors and ultrasonic distance sensors.
  • Piezoceramic sensors are also used for room protection, wherein the piezoceramic transducer sends out ultrasonic signals and, later, receives the reflected signals. These sensors are used in various sectors such as industrial & manufacturing, automotive, medical, information & communication, and consumer goods 

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Increasing Demand from Consumer Electronics and Automotive Sectors

  • The global piezoceramic sensors market is primarily driven by increased demand for piezoceramic sensors in sectors such as automotive, consumer electronics, and industrial manufacturing. The trend is expected to continue during the forecast period also. 

Recent Advancements in Piezoceramic Sensors and their Application

  • The recent research and development of piezoceramic sensors is expected to widen the usage base of piezoceramic sensors, specifically in the fields of structural health monitoring and piezo-based smart structures. This, in turn, is expected to fuel the global piezoceramic sensors market during the forecast period. 

Automotive Segment to Offer Lucrative Opportunities

  • In terms of application, the global Piezoceramic Sensors market can be segmented into automotive, microelectronics, industrial, telecommunication, and others
  • Piezoceramic sensors are preferred for applications which require low power and wider frequency range operations. There has been a growing demand for advanced sensors which consume low power from the automotive sector.
  • This demand is expected to increase in the coming years and hence it presents a significant growth opportunity for the market growth of Piezoceramic Sensors. 

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Asia Pacific to Lead Global Market

  • In terms of region, the global Piezoceramic Sensors market can be split into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Piezoceramic Sensors market in Asia Pacific is anticipated to expand at the maximum CAGR during the forecast period. This growth can be attributed to the growing demand for piezoceramic sensors from the medical as well as automotive industry. Piezoceramic sensors are increasingly getting popular for applications which require large charge coefficients. Thus, manufacturers of Piezoceramic sensors in the region are expecting an increase in demand for their products.
  • Piezoceramic Sensors market in North America and Europe is likely to witness a modest growth in the coming. This market in South America and Middle East & Africa is estimated to show sluggish growth during the forecast period. 

Key Players in Global Market

The global Piezoceramic Sensors market is highly fragmented in 2018. Prominent players operating in the global market are focusing on technological developments and expansions to meet the growing demand for Piezoceramic Sensors. Moreover, manufacturers are entering partnerships for the development of innovative products and gain higher profit margins.

Key players operating in the global Piezoceramic Sensors market include:

  • Murata Manufacturing Co. Ltd.
  • CeramTec
  • APC International, Ltd.
  • SensComp, Inc.
  • PI Ceramic GmbH 

Global Piezoceramic Sensors Market: Research Scope 

Global Piezoceramic Sensors Market, by Application

  • Piezoelectric accelerometers
  • Piezoelectric force sensors
  • Piezoelectric pressure sensors

Global Piezoceramic Sensors Market, by Application

  • Flow Rate Measurement
  • Immersed Transducer Measurement
  • Others

Global Piezoceramic Sensors Market, by End-Use Industry

  • Automotive
  • Microelectronics
  • Industrial
  • Telecommunications
  • Others

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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