Piezoelectric Sensor Market Size

Piezoelectric Sensor Market size is anticipated to reach USD 121 Billion by the end of 2036, growing at a CAGR of 7% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of piezoelectric sensors was over USD 10 Billion. The growth of the market is driven by its increasing applications in aircraft. Piezoelectric sensors are suitable for a wide range of applications in the aeronautics sector, which provide a wide range of functions in aircraft.

Piezoelectric sensors are in demand, with great growth from the aerospace sector due to their measurement capacity and accuracy. There is a demand for Piezo accelerometers, flow meters, gyroscopes, and level sensors in the aeronautics sector. Various product innovations are taking place, such as APC International APC 850/855 for aerospace applications, a soft ceramic piezoelectric material used for piezo accelerometers, gyroscope level sensors, pressure sensors, and flow meters. This is good for the aerospace industry to monitor real-time air pressure and gyroscope levels in their aircraft.

The piezoelectric sensors can be able to withstand dynamic conditions, e.g. changes in temperature, pressure, and other external factors. To improve user experience, they are the first choice of smart sensing device manufacturers. As piezoelectric sensor manufacturers invest in research and development to provide highly efficient and cost-effective piezoelectric sensors to consumers, the piezoelectric sensors market is likely to create remunerative opportunities for them.