The global lead-free piezoelectric ceramics market size was USD XX Mn in 2022 and is likely to reach USD XX Mn by 2031, expanding at a CAGR of XX % during 2023–2031. The market growth is attributed to the growing demand for lead-free piezoelectric ceramics for environmental compatibility and the adoption of automated mechanisms that require a piezoelectric mechanism for power generation.
Lead-free piezoelectric ceramics are high-performance piezoelectric materials used in actuators, sensors, and other electronic devices that generate an electric charge proportional to the mechanical force applied to them. The lead-free piezoelectric ceramics materials convert mechanical forces such as vibration, pressure, and movement into electrical energy and vice-versa. Sodium potassium niobate ((K, Na)NbO3, KNN) based, barium titanate ( BaTiO3; BT) based, sodium bismuth titanate ((Bi1/ 2Na1/2)TiO3; BNT) based, and bismuth layer-structured ferroelectrics are also known as lead-free piezoelectric ceramic materials.
Lead-free piezoelectric ceramic materials are used in a wide range of applications such as ultrasonic power inducers, motion sensors, ultrasonic welding, ultrasonic cleaning, active vibration dampeners, high-frequency loudspeakers, actuators, and sensors. Piezoelectric material is used to generate electricity in watches and radios traditionally.
Modern-day carmakers provide enhanced in-built features that improve consumers' driving experience by providing fuel-efficient, safe, and comfortable cars. The piezoelectric mechanism is used in fuel injectors, automotive actuators, sensors, and safety applications to generate electricity from the mechanical force and operate automotive systems and accessories precisely and efficiently.
Fuel injectors use piezoelectric ceramic materials to atomize and inject fuel into the combustion chamber with high precision and precise quantity to improve fuel efficiency and reduce emissions. Piezoelectric ceramic materials are used in automotive safety applications, including airbags, knock sensors, seat belt buzzers, airflow sensors, and tire pressure sensors.
Lead-Free Piezoelectric Ceramics Market Dynamics
Drivers
Increasing demand for piezoelectric materials with low carbon footprint and rising adoption of automated systems are anticipated to drive the market. Lead-free piezoelectric ceramics have high frequency constant, curie temperature, and withstand high electric fields.
Restraints
The disruptions in the supply chain of raw materials to produce lead-free piezoelectric ceramics due to policy shifts, geopolitical crises, volatile market conditions, and subsequent price variations are likely to hinder the market. The government policies toward natural resource consumption keep changing impacting lead-free piezoelectric ceramics production.
Opportunities
Rising digital technologies and the increasing adoption of electronic features in the automotive are expected to create multiple opportunities in the market. Various types of sensors and actuators are integrated into digital devices to provide multiple features to consumers. Piezoelectric elements are used to enhance the efficiency of automotive features. The safety features provided in the airbags, knock sensors, airflow sensors, seat belt buzzers, and tire pressure sensors require lead-free piezoelectric ceramics to create an electric charge. Piezoelectric elements and electronic ceramics are used to enhance the efficiency of automotive features.
Scope of Lead-Free Piezoelectric Ceramics Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Lead-Free Piezoelectric Ceramics Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Type (Niobate-based, Sodium Bismuth Titanate, Barium titanate base, and Others), and Application (Consumer Electronics, Industry & Manufacturing, Automobile Industry, Medical, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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Canon U.S.A., Inc.; Seiko Epson Corporation; KYOCERA AVX Components Corporation; Sumitomo Chemical Co. Ltd.; PI Ceramic GmbH; Fuji Ceramics Corporation; and Zibo Yuhai Electronic Ceramic Co., Ltd.
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Market Segment Insights
Based on type, the lead-free piezoelectric ceramics market is divided into niobate-based, sodium bismuth titanate, barium titanate base, and others. The barium titanate base segment is expected to expand at a significant growth rate during the projection period owing to its usage in electromechanical transducers, capacitors, and nonlinear optics. Barium titanate possesses ferroelectric and PTCR properties and is used as a thermistor in multiple applications.
On the basis of application, the global market is segregated into consumer electronics, industry & manufacturing, automobile industry, medical, and others. The industry & manufacturing segment is projected to register a considerable CAGR during the forecast period owing to the application of various industrial applications. Industrial robots, automated systems, and computerized numerical control machines require lead-free piezoelectric ceramics material for producing electric charge.
In terms of region, the global treasury software market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the projection period owing to rising industrialization and globalization in the region. Asia Pacific is emerging as a manufacturing hub of the world. The rising adoption of automated systems and robotics in the manufacturing sector boosts the segment significantly.
Segments
The lead-free piezoelectric ceramics market has been segmented on the basis of
Types
- Niobate-based
- Sodium Bismuth Titanate
- Barium titanate base
- Others
Applications
- Consumer Electronics
- Industry & Manufacturing
- Automobile Industry
- Medical
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players competing in the lead-free piezoelectric ceramics market are Canon U.S.A., Inc.; Seiko Epson Corporation; KYOCERA AVX Components Corporation; Sumitomo Chemical Co. Ltd.; PI Ceramic GmbH; Fuji Ceramics Corporation; and Zibo Yuhai Electronic Ceramic Co., Ltd. These companies adopt strategies such as mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to increase global presence. For instance,
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In September 2022, Sumitomo Chemical announced that it has planned to build a high-purity semiconductor process chemical manufacturing plant in the U.S. The plant is likely to commence its manufacturing operations in fiscal 2024 producing wide range of semiconductors such as lead-free piezoelectric ceramics and piezoelectric materials to support the rising use of digital technology in the region.