Piezoelectric Discs: An Essential Industrial Component

Piezoelectric materials are materials, which upon application of mechanical stress, generate electric charge. Piezoceramics are a sub-type of piezoelectric materials; they are ferroelectric materials with polycrystalline structures. Above a specific temperature known as Curie point, piezoceramics showcase a cubic symmetry in structure. Due to this unique property, piezoceramics are widely used for different applications.

Extensive applications of piezoceramic discs

Piezoceramic discs are the most popular form of piezoceramics and are used to manufacture actuators, sensors, and transducers. These components are further used in different kinds of machines and equipment. Piezoceramic disc actuators, for example, are used in air pumps and valves. Moreover, they form an important component of liquid cooling systems and automatic lubricant systems in different consumer electronics appliances. On the other hand, piezoceramic disc sensors are essential components of smoke detectors, touch input sensors, etc. They are also used in electric devices which are employed to measure flow and fluid levels. Piezoceramic disc transducers have a massive applicability in the automotive industry. They are used in automatic seatbelt locking systems, anti-theft systems, and blind spot detection systems. Moreover, just like piezoceramic sensors, piezoceramic transducers, too, have industrial applications. Thus, though not directly, piezoceramic discs have widespread applicability in different industries.

Factors influencing the growth of the industry

The piezoceramic discs market is likely to register a CAGR of 6.6% in the next few years owing to the interplay of several factors and stakeholder actions. The most important factor behind the rise of this industry is the increasing demand from the printing sector for piezoelectric inkjet print heads. Apart from this, a surge in use of piezoelectric devices for developing different applications is predicted to increase the footprint of the market in this region. Additionally, the use of actuators, sensors, and transducers in various end-use industries might create numerous growth opportunities in the market.

The piezoceramic discs market, when analyzed on the lines of component, shows that the sensors and actuators segment is predicted to experience an absolute revenue growth of $957.0 million during the 2023-2032 period. At the same time, all other segments including energy harvesting, consumer electronics, industrial applications, and medical devices are anticipated to gather a revenue of $1,618.0 million during the same period. On the other hand, regional analysis of the market shows that the Rest of Asia-Pacific region is set to grow at the highest CAGR of 7.9% from 2022 to 2032.

Apart from the above-mentioned factors, mergers and acquisitions by key companies of the industry have been vital for the expansion of this industry. In June 2022, for example, CTS Corporation announced that it had signed an agreement to acquire Ferroperm Piezoceramics. In January 2021, CeramTec Group signed a similar agreement to acquire Dentalpoint AG. Both these acquisitions are aimed at improving the presence globally and catering to the demands of the industry in a much better way.

The global piezoceramic discs industry, to summarize, is expected to witness tremendous surge due to extensive applications of piezoceramic discs in different end-use industries. Strategic alliances among leading companies will further aid the market to unlock its fullest potential.

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