The global piezoelectric accelerometer market is estimated to create an absolute dollar opportunity of more than US$ 800 Mn by the end of 2032. The sales of piezoelectric accelerometers are expected to exceed US$ 600 Mn by 2022, projecting growth at a CAGR of 3% to 4% during the forecast period 2022-2032. Increasing adoption of high precision equipments for measuring and recording dynamic changes in mechanical variations such as vibrations across diverse sectors is anticipated to facilitate the demand for piezoelectric accelerometers in the global market.
| Report Attribute | Details |
|---|---|
| Piezoelectric Accelerometer Market Value (2021) | US$ 580 Million |
| Piezoelectric Accelerometer Market Value (2022) | US$ 600 Million |
| Piezoelectric Accelerometer Market Anticipated Value (2032) | US$ 800 Million |
| Piezoelectric Accelerometer Market Projected Growth Rate (2022 to 2032) | 3% to 4% CAGR |
Piezoelectric accelerometers are a type of accelerometer that uses mechanical shock, vibrations, and others to measure acceleration on the surface. These equipments work on the piezoelectric effect of particular elements to measure dynamic variables in mechanical effects like vibration, acceleration, and mechanical shocks.
They transform the energy of one form into another to deliver electrical signals, for instance, converting motion and mechanical energy into electrical energy proportional to the applied acceleration, to measure conditions, quantity, and property.
Piezoelectric accelerometers are generally equipped with integrated signal-conditioning circuits, which receive the raw voltage outputs from the piezoelectric sensors in the accelerometer and convert them into signals that are more reliable and can be processed by instrumentation. On account of these, piezoelectric accelerometers finding a wide range of applications across the aerospace industry for shock tube instrumentation, modal testing, tunnel testing, and others. This is projected to bolster the growth in the global market.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Piezoelectric accelerometers are increasingly being adopted across various sectors, owing to their ability to work independently of external power and integrate acceleration signals to provide displacement & velocity. They also provide features such as an extensive range of frequency, low output noise, and linearity over the dynamic range among others.
Attributed to this, these accelerometers are finding a wide range of usage for applications earthquake & aftershock monitoring, stability control, and others across sectors such as aerospace, defense, electronics, industrial, and automotive among others.
Although there are numerous advantages associated with the adoption of piezoelectric accelerometers, high cost of these equipments and inability to measure rotation around their own axis of movement and measure constant velocity are factoring hindering the sales in the global market.
Also, the accuracy and sensitivity of piezoelectric accelerometers degrade with time hampering the adoption for these equipments for high sensitivity applications, thereby, restraining the growth in the market.
Principal Consultant
As per Future Market Insights, North America is forecast to exhibit robust growth in the global piezoelectric accelerometers market between 2022 and 2032.
Piezoelectric accelerometers are garnering huge popularity across the aerospace and aviation industry. These equipments are extensively being incorporated in novel aircraft for inertial navigation and positioning, owing to their favorable features such as temperature stability, frequency response, adaptability, ruggedness, and various electrical characteristics.
Hence, growing expansion of the aviation industry and increasing production & sales of aircraft across the commercial and defense sectors is projected to accelerate the demand for piezoelectric accelerometers in the North America market.
FMI reveals that Asia Pacific excluding Japan is estimated to account for a significant share in the global piezoelectric accelerometers market over the forecast period 2022-2032.
As the trend of automation is creating deeper inroads across the automotive sector, number of automobile manufacturers are emphasizing on introducing novel automotive vehicles to capitalize on the existing trend. For instance, in 2021, Autonomous Intelligence Motors Pvt. Ltd., an Indian automotive start-up announced its plan of launching first of its kind artificial intelligence of things (AIoT) powered driverless car with a BS8 compliant engine in 2022.
As piezoelectric accelerometers are extensively used in these vehicles for stability control, motion & acceleration monitoring, and others, accelerate sales of autonomous vehicles are estimated to create lucrative sales opportunities in the Asia Pacific excluding Japan market.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Some of the leading players in the piezoelectric accelerometers market are Honeywell, Meggitt Sensing Systems, Measurement Specialties, Kyowa Electronic Instruments, MTS (PCB Piezotronics), Dytran Instruments, Metrix Instrument, Hansford Sensors, CEC Vibration Products, Jewell Instruments, and others
The market is highly competitive, due to large number of participants and growing emphasis in the development and introduction of innovative product by leading players.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 3% to 4% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million, Volume in Kilotons and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Type, Form, Application, End Use, Region |
| Countries Covered | North America; Latin America; Europe; CIS & Russia; APEJ; Japan; Middle East and Africa |
| Key Companies Profiled | MTS (PCB Piezotronics); Bruel and Kjaer; Meggitt Sensing Systems; Honeywell; KISTLER; RION; Measurement Specialties; Dytran Instruments; Vibrasens; Kyowa Electronic Instruments; Metrix Instrument; DJB Instruments; Jewell Instruments; CEC Vibration Products; ASC sensors; Hansford Sensors; CESVA; IMV CORPORATION |
| Customization | Available Upon Request |
FMI projects the demand for piezoelectric accelerometer in the market is expected to rise at 3% to 4% value CAGR by 2032
The global piezoelectric accelerometer market is anticipated to be dominated by Asia Pacific excluding Japan over the forecast period 2022-2032.
Honeywell, Meggitt Sensing Systems, Measurement Specialties, Kyowa Electronic Instruments, MTS (PCB Piezotronics), Dytran Instruments, Metrix Instrument, Hansford Sensors, CEC Vibration Products, Jewell Instruments, and others are some of the leading players in the prominent piezoelectric accelerometer market.
Explore Testing Equipment Insights
View Reports
Piezoelectric Accelerometer Market
