| Product Code: ETC097664 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The piezoelectric device market in Thailand was valued at US$6 million in 2025 and is projected to grow at a CAGR of 5.5% over the forecast period. This growth can be attributed to rising demand for consumer electronics such as smartphones and other devices that use piezoelectrics components in their designs. Moreover, increasing investment towards defense sector globally will also boost the usage of piezoelectric components hence driving up its demand across various industries including automotive and aerospace among others. Currently, ceramic materials account for majority share in terms of material used while acoustic transducers remain one largest application areas accounting for almost 40 percent share respectively in terms of overall revenue generated from sales within this industry verticals worldwide.
The expansion of the Thailand piezoelectric devices market is driven by the integration of piezoelectric technology into various applications. Piezoelectric devices, which generate electrical signals through mechanical pressure, find use in sensors, actuators, energy harvesting, and medical devices. The increasing demand for energy-efficient solutions, precise sensing, and innovative medical technologies propels the adoption of piezoelectric devices, contributing to the market`s growth.
The Thailand piezoelectric devices market faces challenges in scaling up production and optimizing performance. While piezoelectric devices have diverse applications, producing them at scale with consistent quality can be challenging. Achieving desired piezoelectric properties, enhancing energy efficiency, and integrating these devices into various applications while keeping costs competitive are ongoing challenges. Moreover, ensuring adequate research and development to keep up with evolving technologies is crucial in this dynamic market.
The Thailand piezoelectric devices market, serving sectors like electronics, automotive, and healthcare, faced challenges due to disruptions in manufacturing and supply chains caused by the pandemic. The reduced demand for certain products and the complexity of production processes led to temporary slowdowns. As the market recovers, the growing demand for energy-efficient technologies, sensors, and medical devices may drive the adoption of piezoelectric devices.
Prominent participants in the Thailand piezoelectric devices market encompass PiezoTech Solutions, ThaiPiezoelectric Tech, and SensorCraft Innovations. These companies specialize in manufacturing piezoelectric devices used in sensors, actuators, and various electronic applications. Their expertise in piezoelectric technology and innovation contributes to their significance in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Piezoelectric Devices Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Piezoelectric Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Piezoelectric Devices Market - Industry Life Cycle |
3.4 Thailand Piezoelectric Devices Market - Porter's Five Forces |
3.5 Thailand Piezoelectric Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Piezoelectric Devices Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Thailand Piezoelectric Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Piezoelectric Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Piezoelectric Devices Market Trends |
6 Thailand Piezoelectric Devices Market, By Types |
6.1 Thailand Piezoelectric Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Piezoelectric Devices Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Sensors, 2021-2031F |
6.1.4 Thailand Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Actuators, 2021-2031F |
6.1.5 Thailand Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Motors, 2021-2031F |
6.1.6 Thailand Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Transducers, 2021-2031F |
6.1.7 Thailand Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Generators, 2021-2031F |
6.1.8 Thailand Piezoelectric Devices Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Piezoelectric Devices Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Thailand Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Crystals, 2021-2031F |
6.2.3 Thailand Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Ceramics, 2021-2031F |
6.2.4 Thailand Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Polymers, 2021-2031F |
6.2.5 Thailand Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Composites, 2021-2031F |
6.3 Thailand Piezoelectric Devices Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Piezoelectric Devices Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.3.3 Thailand Piezoelectric Devices Market Revenues & Volume, By Industrial & Manufacturing, 2021-2031F |
6.3.4 Thailand Piezoelectric Devices Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 Thailand Piezoelectric Devices Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 Thailand Piezoelectric Devices Market Revenues & Volume, By Information & Communication, 2021-2031F |
6.3.7 Thailand Piezoelectric Devices Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
7 Thailand Piezoelectric Devices Market Import-Export Trade Statistics |
7.1 Thailand Piezoelectric Devices Market Export to Major Countries |
7.2 Thailand Piezoelectric Devices Market Imports from Major Countries |
8 Thailand Piezoelectric Devices Market Key Performance Indicators |
9 Thailand Piezoelectric Devices Market - Opportunity Assessment |
9.1 Thailand Piezoelectric Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Piezoelectric Devices Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Thailand Piezoelectric Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Piezoelectric Devices Market - Competitive Landscape |
10.1 Thailand Piezoelectric Devices Market Revenue Share, By Companies, 2024 |
10.2 Thailand Piezoelectric Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |