Published Date: 2020-02-17 | Pages: 110 | Tables: 145 | Report ID: 7586 | Industry: Electronics & Semiconductor | Format :
With the growing miniaturization, Piezoelectric Sensors are gaining immense recognition across the end-use industries as they are demanding efficient, reliable, and robust miniaturized products for efficient operation. Piezoelectric Sensors find widespread application in the medical, aerospace, industrial, manufacturing, and automotive industries.
New Product Development - a key to Growth for Companies
For instance, one of the key companies, Metrix has recently launched ST5484E-SWITCH, which includes a piezoelectric accelerometer, RMS or peak detector, signal integrator and amplifier, a digital microcontroller, and 4-20 mA signal conditioner, in a single package.
PCB Piezotronics, Metrix Instrument, Honeywell, Meggitt Sensing Systems, Kistler Group, Brüel & Kjær, TE Connectivity, Ceramtec GmbH, Dytran Instruments, APC International Ltd., Kyowa Electronic Instruments, RION, Piezo Systems, Inc., and DJB Instruments are few of the key companies functioning in the Piezoelectric Sensor market.
Robust Growth of the Semiconductor Industry to Propel the Market Growth
The market for Piezoelectric Sensor will grow significantly in the forthcoming years on account of strong growth of the semiconductor and consumer electronics industry. Growing trend of miniaturization will further accelerate the growth of the market. Advent of the Internet of Things (IoT) and other technological advancements are likely to open novel avenues for the Piezoelectric Sensor market. Moreover, surge in the application of Piezoelectric Sensors in energy harvesting is likely to boost the growth in the years to come.
By Product Type
● Piezoelectric Accelerometers
● Piezoelectric Pressure Sensor
● Piezoelectric Force Sensors
● Industrial & Manufacturing
● Medical Device
Piezoelectric accelerometers will gain demand in the near future on the back of their benefits including wide frequency range, low output noise, excellent linearity, and high sensitivity. On the other hand, piezoelectric pressure sensors will gain popularity in various industrial and aerospace applications owing to their high frequency, robustness, and rapid response time. Among all, the industrial and manufacturing segment forms a key end-use application of the Piezoelectric Sensors.
According to the researchers, the APAC region is anticipated to create growth prospects for the Piezoelectric Sensor manufacturers. This is attributed to increasing usage of Piezoelectric materials across varied applications in countries such as Japan and China. Surge in the investments by the key companies will have a positive impact on the regional growth.
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