Piezoceramic Spheres Market Trends, Active Key Players, and Growth Projection Up to 2032
Piezoceramic Spheres Market Expected to Reach $412.9 Million by 2032 — Allied Market Research
WILMINGTON, DELAWARE, UNITED STATES, July 1, 2024 /EINPresswire.com/ — According to Rohit Bhamburkar, Lead Analyst, Semiconductor and Electronics, at Allied Market Research, “The piezoceramic spheres market share is expected to witness considerable growth in coming years, owing to growing adoption across industries to manufacture products, ease of fabricating piezoceramic spheres of various sizes, shapes, and requirement, and High piezoelectric activity and high permittivity. Allied Market Research, titled, “Piezoceramic Spheres Market by Material Type, Application, and Outer Diameter: Global Opportunity Analysis and Industry Forecast, 2023-2032″, the piezoceramic spheres market was valued at $208.13 million in 2022, and is estimated to reach $412.9 million by 2032, growing at a CAGR of 7.1% from 2023 to 2032.
𝐆𝐞𝐭 𝐚 𝐏𝐃𝐅 𝐛𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 @ https://www.alliedmarketresearch.com/request-sample/A107675
A piezoceramic sphere is a circular-shaped ceramic that exhibits the piezoelectricity effect. The piezoelectricity effect is utilized in various equipment, including transducers, hydrophones, sonars, acoustic sensors, ultrasound probes, medical imaging devices, medical ultrasounds, and medical HIFU (high-intensity focused ultrasound). Piezoceramic spheres can be ordered in multiple sizes and customized to meet specific requirements. Additionally, the piezoelectric activity levels of the spheres can be manipulated by altering the composition of materials used during their manufacturing process.
The growing market for piezoelectric materials is attributed to the remarkable levels of piezoelectric activity and permittivity evinced by piezoceramic spheres. These spheres are distinguished by their enhanced capability to generate electricity when subjected to pressure, a quality that surpasses that of other piezoelectric materials, such as quartz. Furthermore, the simplistic process of fabricating piezoceramic spheres in various sizes and specifications is a salient feature of this product. It is noteworthy that the spheres are available in a diverse array of sizes, ranging from outer diameters of 2 mm and 5 mm to those of 100 mm and 300 mm. However, a major challenge of piezoceramic spheres is their low Curie temperature.
The limitations of the piezoceramic spheres market due to their low Curie temperatures present a challenge for their widespread application. Nevertheless, the field of industrial automation is poised to significantly benefit from the utilization of piezoceramic spheres. An abundance of opportunities is expected to arise during the forecast period as piezoceramic spheres are integrated into automation applications, including but not limited to transformers, sensors, ultrasonics, and micro-energy harvesting devices. The piezoceramic spheres market demand is segmented by material type, with PZT (Lead-Zirconate-Titanate) dominating the market in 2022 and holding the largest share. However, the other segment is projected to experience a more rapid expansion during the forecast period, primarily due to the diverse range of PZT materials available, which is a key driving factor for this segment.
𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮𝐫 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/A107675
In terms of market segmentation by application, the piezoceramic spheres industry was dominated by the underwater devices segment in 2022, and the ultrasound technology segment is expected to expand at the fastest rate. Additionally, piezoceramic spheres have numerous underwater applications, such as hydrophones, underwater acoustic pickups, sonar uses, communication and control of marine systems, and scanning & imaging of the bottom of the sea. The 35mm – 70mm segment was dominant in the market in terms of outer diameter in 2022, and it is predicted that the 70mm – 100mm segment will have a higher growth rate during the forecast period. Piezoceramic spheres with such small diameters have specific applications in transducers, low-power generators, and receivers. They are frequently required in the data communication field and ultrasound field, whether underwater or in the air.
In terms of region, the piezoceramic spheres market size was dominated by Asia-Pacific in 2022, while North America is likely to grow at a faster rate during the forecast period. A major advantage that be attributed to the Asia-Pacific region is that there are many developing countries in the region, and hence, many fast-growing companies have picked up advanced technology.
𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐭𝐮𝐝𝐲
– By material type, the PZT (Lead-Zirconate-Titanate) segment accounted for a major share of the piezoceramic spheres market share in 2022 and is also expected to witness faster growth during the forecast period.
– By outer diameter, the 35mm – 70mm segment accounted for a higher share of the piezoceramic spheres market growth in 2022, with the 70mm – 100mm segment anticipated to increase faster during the forecast period.
– By application, the underwater devices segment accounted for the largest share of the piezoceramic spheres market trends in 2022, whereas the ultrasonic technology segment is likely to increase faster during the forecast period.
– By region, Asia-Pacific accounted for the largest share of the global piezoceramic spheres market analysis in 2022, while North America is estimated to increase faster than other regions during the forecast period.
The piezoceramic spheres market players profiled in the report include 𝙋𝙝𝙮𝙨𝙞𝙠 𝙄𝙣𝙨𝙩𝙧𝙪𝙢𝙚𝙣𝙩𝙚 𝙇.𝙋, 𝙀𝙡𝙥𝙖 𝘾𝙤𝙢𝙥𝙖𝙣𝙮, 𝙒𝙚𝙞𝙡𝙛𝙖𝙣𝙜 𝙅𝙪𝙙𝙚 𝙀𝙡𝙚𝙘𝙩𝙧𝙤𝙣𝙞𝙘 𝘾𝙤., 𝙇𝙩𝙙., 𝙃𝙪𝙗𝙚𝙞 𝙃𝙖𝙣𝙣𝙖𝙨 𝙏𝙚𝙘𝙝 𝘾𝙤., 𝙇𝙩𝙙., 𝘽𝙚𝙞𝙟𝙞𝙣𝙜 𝙌𝙪𝙖𝙣𝙭𝙞𝙣 𝙐𝙡𝙩𝙧𝙖𝙨𝙤𝙣𝙞𝙘 𝘾𝙤. 𝙇𝙩𝙙., 𝙒𝙪𝙭𝙞 𝙈𝙦 𝙐𝙡𝙩𝙧𝙖𝙨𝙤𝙣𝙞𝙘 𝙀𝙡𝙚𝙘𝙩𝙧𝙞𝙘𝙨 𝘾𝙤., 𝙇𝙩𝙙, 𝙎𝙥𝙖𝙧𝙠𝙡𝙚𝙧 𝘾𝙚𝙧𝙖𝙢𝙞𝙘𝙨 𝙋𝙫𝙩. 𝙇𝙩𝙙, 𝘼𝙣𝙣𝙤𝙣 𝙋𝙞𝙚𝙯𝙤 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮 𝘾𝙤. 𝙇𝙩𝙙, 𝙕𝙞𝙗𝙤 𝙔𝙪𝙝𝙖𝙞 𝙀𝙡𝙚𝙘𝙩𝙧𝙤𝙣𝙞𝙘 𝘾𝙚𝙧𝙖𝙢𝙞𝙘 𝘾𝙤., 𝙇𝙩𝙙., 𝙖𝙣𝙙 𝘾𝙩𝙨 𝘾𝙤𝙧𝙥𝙤𝙧𝙖𝙩𝙞𝙤𝙣. Various strategies such as collaborations & partnerships, product launches, and acquisitions have been adopted by market players to expand their foothold in the piezoceramic spheres market.
𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A107675
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