Piezoelectric Alloy Powder Market Likely to Emerge over a Period of 2017 – 2025

Smart materials have the ability to amend one or more properties when a controlled external stimulus like magnetic & electric fields, stress, pH, temperature and moisture are applied on the material. Piezoelectricity helps certain crystals to generate voltage in response to applied mechanical stress. Properties like conductivity, viscosity and volume can be altered as per requirement in end-use applications. These desired characteristics have been fulfilled by Piezoelectric Alloy Powders. Piezoelectric alloy powders are adaptive to different operational and environmental conditions.
Piezoelectric alloy powder provides superior advantages and finds usage in areas of autofocus assemblies used in microelectronics productions. The piezoelectric alloy powder is also used in emerging applications like generation of high voltages, ultrafine focusing of optical assemblies, electronic frequency generation among others which provides opportunity for the market growth of piezoelectric alloy powder during the forecast period.
On the basis of type, the global piezoelectric alloy powder market can be segmented into:
  • Crystal-based piezoelectric alloy powder
  • Ceramic based piezoelectric alloy powder
On the basis of application, the global piezoelectric alloy powder market can be segmented into:
  • Structural materials
  • Sensors
  • Actuators and motors
  • Transducers
  • Others
On the basis of application, the global piezoelectric alloy powder market can be segmented into:
  • Consumer electronic
  • Automotive
  • Industrial
  • Aerospace & defence
  • Healthcare
  • Others
Owing to the improved standard of living in emerging economies, growing automotive and electronics sector in India and China owing to high investments on domestic level is anticipated to increase the demand for electronics accessories including motors, the Asia Pacific region is expected to be the fastest growing market for smart materials thereby, creating opportunities for piezoelectric alloy powder market. Europe is anticipated to hold a major market share owing to the growing energy sector, electronics and automobile industry.

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