According to a new market report by Lucintel, the future of the global piezo film sensor market looks promising with opportunities in the automotive, aerospace, industrial, consumer electronics, and healthcare industries. The global piezo film sensor market is expected to grow with a CAGR of 5% to 7% from 2020 to 2025. The major growth drivers for this market are growing usage of piezo film sensor in the microelectronics and semiconductor industries and growing demand in the medical and automotive sectors.
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Growth in various segments of the Piezo Film Sensor market are given below:
The study includes trends and forecast for the global piezo film sensor market by product type, material, end use industry, and region as follows:
By Product Type [$M shipment analysis for 2014 – 2025]:
- Piezoelectric Accelerometer
- Piezoelectric Force Sensor
- Piezoelectric Pressure Sensor
By Materials [$M shipment analysis for 2014 – 2025]:
- Ceramic Crystals Film
- PVDF Film
By End Use Industry [$M shipment analysis for 2014 – 2025]:
- Automotive
- Aerospace
- Industrial
- Healthcare
- Consumer Electronics
- Others
By Region [$M shipment analysis for 2014 – 2025]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of the World
Some of the piezo film sensor companies profiled in this report include TE Connectivity, Kureha Corporation, APC International, Noliac AS, Measurement Specialties Inc., and PI Ceramic GmbH.
Lucintel forecasts that PVDF will remain the largest material segment over the forecast period, as it exhibits higher piezoelectricity than other polymers and produces electrical signals in response to temperature variations.
Within this market, consumer electronics will remain the largest end use industry segment over the forecast period due to increasing adoption of piezo film pressure and tilt sensor in touch pads of several smartphones.
Asia Pacific will remain the largest region over the forecast period due to growth in the consumer electronics and automotive industries and rising adoption of piezo film sensor as tilt sensor and pressure sensor in consumer electronics.