| Product Code: ETC097663 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The India piezoelectric devices market import shipments exhibited robust growth from 2020 to 2024 with a notable CAGR of 27.1%. The growth rate between 2023 and 2024 slightly moderated to 5.9%, indicating a stabilized expansion trajectory with sustained positive momentum over the period.
India piezoelectric devices market is expected to witness a significant growth during the forecast period owing to growing demand from various end user industries such as automotive, consumer electronics and medical. Increasing government initiatives for development of smart infrastructure in the country along with increasing awareness regarding energy conservation will further drive the demand for these devices in India.
The major driver behind India piezoelectric device market are rising manufacturing activities across sectors such as automotive, healthcare and consumer electronics. Other factors driving this market are increasing adoption of sustainable sources of energy, advancements in material technology which has resulted into miniaturization of components used in production process and increasing applications areas including lighting systems and security control systems. Additionally, shrinking product life cycles due to fast changing customer preferences have further pushed manufacturers towards adopting automation solutions thereby driving growth opportunities for these devices in India.
Lack of uniform standards related to safety measures associated with use of these products coupled with lack technical expertise may hamper its adoption rate among small scale sector players operating especially at rural level. Furthermore availability of cheaper alternatives coupled with low replacement rate could also inhibit revenue generation potentials from this market over short term period.
Key players operating within India piezoelectric device industry include Piezo Systems Inc., Aearo Technologies LLC., VTI Instruments Corporation , Panasonic Electric Works Co Ltd., Vishay Intertechnology Inc., TDK Corporation , Noliac A/S , Kistler Group AG amongst others
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 India Piezoelectric Devices Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Piezoelectric Devices Market Revenues & Volume, 2021 & 2031F |
3.3 India Piezoelectric Devices Market - Industry Life Cycle |
3.4 India Piezoelectric Devices Market - Porter's Five Forces |
3.5 India Piezoelectric Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Piezoelectric Devices Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 India Piezoelectric Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Piezoelectric Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for piezoelectric devices in healthcare applications such as ultrasonic imaging and diagnostics. |
4.2.2 Growth in the automotive industry driving the adoption of piezoelectric sensors for various applications like fuel injection systems and tire pressure monitoring. |
4.2.3 Rising investments in infrastructure development leading to higher demand for piezoelectric actuators in construction and industrial sectors. |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of piezoelectric technology among end-users hindering market growth. |
4.3.2 High initial costs associated with piezoelectric devices may deter small and medium enterprises from adoption. |
4.3.3 Challenges related to standardization and calibration of piezoelectric devices impacting their reliability and performance. |
5 India Piezoelectric Devices Market Trends |
6 India Piezoelectric Devices Market, By Types |
6.1 India Piezoelectric Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Piezoelectric Devices Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Sensors, 2021-2031F |
6.1.4 India Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Actuators, 2021-2031F |
6.1.5 India Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Motors, 2021-2031F |
6.1.6 India Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Transducers, 2021-2031F |
6.1.7 India Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Generators, 2021-2031F |
6.1.8 India Piezoelectric Devices Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Piezoelectric Devices Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 India Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Crystals, 2021-2031F |
6.2.3 India Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Ceramics, 2021-2031F |
6.2.4 India Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Polymers, 2021-2031F |
6.2.5 India Piezoelectric Devices Market Revenues & Volume, By Piezoelectric Composites, 2021-2031F |
6.3 India Piezoelectric Devices Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Piezoelectric Devices Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.3.3 India Piezoelectric Devices Market Revenues & Volume, By Industrial & Manufacturing, 2021-2031F |
6.3.4 India Piezoelectric Devices Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.5 India Piezoelectric Devices Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.6 India Piezoelectric Devices Market Revenues & Volume, By Information & Communication, 2021-2031F |
6.3.7 India Piezoelectric Devices Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
7 India Piezoelectric Devices Market Import-Export Trade Statistics |
7.1 India Piezoelectric Devices Market Export to Major Countries |
7.2 India Piezoelectric Devices Market Imports from Major Countries |
8 India Piezoelectric Devices Market Key Performance Indicators |
8.1 Research and development investments in piezoelectric materials and technologies. |
8.2 Number of patent filings or innovations in the field of piezoelectric devices. |
8.3 Adoption rate of piezoelectric devices in emerging applications such as energy harvesting and consumer electronics. |
9 India Piezoelectric Devices Market - Opportunity Assessment |
9.1 India Piezoelectric Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Piezoelectric Devices Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 India Piezoelectric Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Piezoelectric Devices Market - Competitive Landscape |
10.1 India Piezoelectric Devices Market Revenue Share, By Companies, 2024 |
10.2 India Piezoelectric Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |