Product Code: ETC254664 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India piezoelectric materials market import shipment demonstrated strong growth with a notable CAGR from 2020 to 2024. The growth rate between 2023 and 2024 slowed slightly but remained positive, indicating a steady expansion trend overall.
The India piezoelectric materials market is a significant segment of the electronics and semiconductor industry. Piezoelectric materials exhibit the property of generating an electric charge when subjected to mechanical stress and vice versa, making them essential for various electronic components, sensors, and actuators. The market is driven by factors such as the increasing use of piezoelectric materials in consumer electronics, medical devices, and industrial applications. The demand for compact and energy-efficient electronic devices contributes to the growth of the piezoelectric materials market in India. Manufacturers in this market play a crucial role in supplying high-quality and reliable piezoelectric materials for a wide range of applications.
The India piezoelectric materials market is driven by several factors. Firstly, the growth of various industries, such as electronics, automotive, and healthcare, fuels the demand for piezoelectric materials for their diverse applications. Piezoelectric materials are used in sensors, actuators, transducers, and energy harvesting devices, among other applications. Secondly, advancements in technology and innovations in piezoelectric materials have expanded their usage in emerging applications, including wearable devices and industrial automation. Moreover, the increasing focus on renewable energy and energy-efficient solutions has led to the development of piezoelectric materials for energy harvesting applications.
The India piezoelectric materials market faces challenges that influence its dynamics and market growth. One significant challenge is the relatively limited awareness and understanding of piezoelectric materials and their applications across various industries in India. Manufacturers and suppliers of piezoelectric materials need to invest in educating potential consumers and end-users about the benefits and functionalities of these materials. Additionally, the competition from alternative sensor and actuator technologies can pose challenges for the adoption of piezoelectric materials in certain applications. Demonstrating the superior performance and cost-effectiveness of piezoelectric materials can help drive their adoption in various sectors. Moreover, the market`s reliance on imports and availability of high-quality piezoelectric materials can impact the growth of domestic manufacturers. Strengthening research and development capabilities and collaborating with global suppliers can enhance the availability of high-quality piezoelectric materials in India. The market also faces challenges related to the development of advanced and customized piezoelectric materials for specialized applications, with opportunities for research and innovation in the materials science field.
The piezoelectric materials market saw shifts in demand as the healthcare sector sought medical devices and sensors for monitoring and diagnostics during the pandemic. Additionally, the market found applications in contactless touch interfaces to promote hygiene.
The India piezoelectric materials market is served by companies specializing in electronics and materials science. Some prominent players include Morgan Advanced Materials (Piezoelectric Ceramics India Pvt. Ltd.), Ferroperm Piezoceramics, and Invenios. These companies offer piezoelectric materials used in electronic components and sensors. Their focus on providing high-performance materials and technical expertise has positioned them as key players in the piezoelectric materials market in India.
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 Materials Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Piezoelectric Materials Market Revenues & Volume, 2021 & 2031F |
3.3 India Piezoelectric Materials Market - Industry Life Cycle |
3.4 India Piezoelectric Materials Market - Porter's Five Forces |
3.5 India Piezoelectric Materials Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 India Piezoelectric Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Piezoelectric Materials Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 India Piezoelectric Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy harvesting solutions |
4.2.2 Growth in the electronics and semiconductor industries |
4.2.3 Rising adoption of piezoelectric materials in healthcare sector |
4.3 Market Restraints |
4.3.1 High initial investment and production costs |
4.3.2 Limited availability of raw materials |
4.3.3 Technological limitations and challenges in material performance |
5 India Piezoelectric Materials Market Trends |
6 India Piezoelectric Materials Market, By Types |
6.1 India Piezoelectric Materials Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 India Piezoelectric Materials Market Revenues & Volume, By Material, 2021-2031F |
6.1.3 India Piezoelectric Materials Market Revenues & Volume, By Piezoceramics, 2021-2031F |
6.1.4 India Piezoelectric Materials Market Revenues & Volume, By Piezopolymers, 2021-2031F |
6.1.5 India Piezoelectric Materials Market Revenues & Volume, By Piezocomposites, 2021-2031F |
6.1.6 India Piezoelectric Materials Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Piezoelectric Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Piezoelectric Materials Market Revenues & Volume, By Actuators, 2021-2031F |
6.2.3 India Piezoelectric Materials Market Revenues & Volume, By Motors, 2021-2031F |
6.2.4 India Piezoelectric Materials Market Revenues & Volume, By Transducers, 2021-2031F |
6.2.5 India Piezoelectric Materials Market Revenues & Volume, By Sensors, 2021-2031F |
6.2.6 India Piezoelectric Materials Market Revenues & Volume, By SONAR, 2021-2031F |
6.2.7 India Piezoelectric Materials Market Revenues & Volume, By Generators & Transformers, 2021-2031F |
6.2.8 India Piezoelectric Materials Market Revenues & Volume, By Resonators, 2021-2031F |
6.2.9 India Piezoelectric Materials Market Revenues & Volume, By Resonators, 2021-2031F |
6.3 India Piezoelectric Materials Market, By End-Use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Piezoelectric Materials Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 India Piezoelectric Materials Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 India Piezoelectric Materials Market Revenues & Volume, By IT & Telecom, 2021-2031F |
6.3.5 India Piezoelectric Materials Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.3.6 India Piezoelectric Materials Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.3.7 India Piezoelectric Materials Market Revenues & Volume, By Others, 2021-2031F |
7 India Piezoelectric Materials Market Import-Export Trade Statistics |
7.1 India Piezoelectric Materials Market Export to Major Countries |
7.2 India Piezoelectric Materials Market Imports from Major Countries |
8 India Piezoelectric Materials Market Key Performance Indicators |
8.1 Research and development investment in piezoelectric material innovations |
8.2 Number of patents filed for piezoelectric material applications |
8.3 Adoption rate of piezoelectric materials in new industries |
8.4 Number of partnerships and collaborations for expanding market reach |
8.5 Efficiency improvement in piezoelectric material manufacturing processes |
9 India Piezoelectric Materials Market - Opportunity Assessment |
9.1 India Piezoelectric Materials Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 India Piezoelectric Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Piezoelectric Materials Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 India Piezoelectric Materials Market - Competitive Landscape |
10.1 India Piezoelectric Materials Market Revenue Share, By Companies, 2024 |
10.2 India Piezoelectric Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |