Piezoelectric Accelerometer Market Size & Share, by Type (High Impedance, Low Impedance); Form (Piezoelectric Charge (PE) Accelerometers, Integrated Electronics Piezo-Electric (IEPE) Accelerometers); Application (Engine, Vibration Testing &Monitoring, Shock Pulse Monitoring of Motor Bearings, Inertial Navigation, Others); End Use (Aerospace & Defense, Automotive, Pharmaceuticals & Chemicals, Others) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5745
  • Published Date: Feb 28, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024 -2036

Piezoelectric Accelerometer Market size is poised to cross USD 10 Billion by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of piezoelectric accelerometer was USD 5 Billion. The major element for the growth of this market is the growing demand for automotive. The total amount of cars sold around the globe soared from close to 65 million in 2021 to almost 66 million in 2022. A piezoelectric accelerometer is used in crash testing, engine performance monitoring, and vehicle dynamics testing. As a result, the market is projected to surge over the coming years.  

Additionally, technological developments are also propelling the piezoelectric accelerometer market, particularly with regard to the growing applications of MEMS (Micro-Electro-Mechanical Systems) and nanoelectronics. These methods enable piezoelectric accelerometers to be smaller, more precise, and more affordable. More people are using these technologies, and it is expected that this trend is projected to continue in the years to come. 


Piezoelectric Accelerometer Market
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Piezoelectric Accelerometer Market: Growth Drivers and Challenges

Growth Drivers

  • Rising Production of Sensor Technology in Aircraft - Sensor systems are starting to take on a bigger role in aircraft design. Compiling data on load, temperature, strain, and pressure provides an intricate history of the condition of various aircraft parts and may give early warning signs of issues. In order to assure a decrease in the time required during the conversion of raw data into an actual set of usable information, the need for sensor systems within aircraft operations is driving up the necessity for hiring a more qualified professional for data parsing. Moreover, the expansion of pressure and accelerometer sensors in INS will facilitate the integration of additional airframe data. The total cost of operating an aeroplane is going down since more data can become accessible for maintenance and control. Thus, it is anticipated that these creative strategies will attract more funding—both public and private—to the market for the creation and application of sensor fusion technology, which will drive piezoelectric accelerometer market expansion throughout the course of the projection period.
  • Growing Adoption of Smartphones - As of 2024, there are approximately 5 billion smartphone users around the world, or about 84% of the global population, who possess a smartphone. Usually, piezoelectric sensors are used in smartphone accelerometers. A piezoelectric crystal that has been accelerated in a certain direction experiences a tiny compression, which results in the production of a detectable voltage signal. Greater compression and voltage are produced in proportion to acceleration. Monitoring acceleration over time may be utilized to determine velocity, while monitoring velocity over time can be used to determine position.
  • Surge in Use of Wireless Piezoelectric Accelerometer - More and more people are employing wireless piezoelectric accelerometers as they do not require wired connections to transfer data. Numerous advantages result from this, including reduced installation costs and delays, increased sensor location freedom, and a decreased likelihood of cable interference. Wireless piezoelectric accelerometers are especially helpful in hard situations or places where running wires is difficult, such as outdoor spaces, manufacturing facilities, and rotating machinery. The applications of wireless piezoelectric accelerometers are growing as a result of advancements in wireless communication technologies such as Bluetooth Low Energy (BLE) and Zigbee.

Challenges

  • High Cost of Piezoelectric Accelerometer
  • Strict Certification Requirements for Piezoelectric Accelerometers Used in Commercial Aircraft - The competitors in the worldwide piezoelectric accelerometer market for commercial aircraft must follow strict regulatory guidelines while designing and developing navigation systems. In the US, the FAA oversees commercial aviation, while the EASA is in charge of it in Europe. These rules must be followed by aviation companies in order to produce high-quality goods. The primary cause of all INS issues is incorrect data from accelerometers and gyroscopes. These inputs will produce inaccurate positional data for the aircraft. Moreover, the certification procedure is more difficult when accelerometers are interfaced with other systems and combined with gyroscopes. Stricter regulations make it more difficult for new suppliers to enter the market, which will impede the expansion of the worldwide piezoelectric accelerometer market for commercial aircraft throughout the projected timeframe.
  • Lack of Efficiency of Piezoelectric Acceleromete

Piezoelectric Accelerometer Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~5%

Base Year Market Size (2023)

~ USD 5 Billion

Forecast Year Market Size (2036)

~ USD 10 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Piezoelectric Accelerometer Segmentation

Form (Piezoelectric Charge (PE) Accelerometers, Integrated Electronics Piezo-Electric (IEPE) Accelerometers)

The piezoelectric charge (PE) accelerometers segment in the piezoelectric accelerometer market is projected to gather the highest revenue share of about 60% over the forecast period. The most popular type of accelerometers for use in testing and measurement applications are piezoelectric (PE) models. These devices come in a variety of sizes, forms, weights, and sensitivities, and they have a very broad measurement frequency range. There are PE accelerometers that may produce voltage or charge (IEPE). They are suitable for vibration and shock measurements. Furthermore, since piezoresistive (PR) accelerometers often have limited sensitivity, they are more suited for measuring vibration than shock. They are also often utilized in crash tests for transportation. PR accelerometers can monitor long-duration transients as they typically have a wide bandwidth and a frequency response that drops to 0 Hz (commonly referred to as "DC responding") or steady state.

End Use (Aerospace & Defense, Automotive, Pharmaceuticals & Chemicals, Semiconductor & Electronics, Energy/Power, General Industrials)

The aerospace & defense segment in the piezoelectric accelerometer market is poised to generate the largest revenue share of over 30% over the coming years. The major factor to influence the growth of this segment is the rising demand for aircraft. For instance, notwithstanding the coronavirus pandemic, over 25,577 aircraft were expected to be in service globally in 2022. The majority of turbulence that aircraft encounter is mild, which causes unpredictable shifts in attitude or height. For small aircraft, moderate turbulence may appear as severe turbulence. When turbulent conditions are encountered by the airplane, passengers experience discomfort. As a result, the aircraft is equipped with piezoelectric accelerometers to identify turbulence. It recognizes when the aircraft suddenly loses height or attitude. Furthermore, the wing flaps may be instantly adjusted in a split second by sending correction signals. As a result, OEMs of aircraft are going to encourage the use of piezoelectric accelerometers due to concerns about lessening the effects of turbulence. This will ultimately lead to a rise in demand for the product throughout the projected timeframe.

Our in-depth analysis of the global piezoelectric accelerometer market includes the following segments:

          Type

  • High Impedance
  • Low Impedance

          Form

  • Piezoelectric Charge (PE) Accelerometers
  • Integrated Electronics Piezo-Electric (IEPE) Accelerometers

          Application

  • Engine
  • Vibration Testing & Monitoring
  • Shock Pulse Monitoring of Motor Bearings
  • Inertial Navigation
  • Stability & Positioning of Drones & Unmanned Aerial Vehicles
  • Impact Testing
  • Vehicle Stability Control

          End Use

  • Aerospace & Defense
  • Automotive
  • Pharmaceuticals & Chemicals
  • Semiconductor & Electronics
  • Energy/Power
  • General Industrials

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Piezoelectric Accelerometer Industry - Regional Synopsis

North American Market Forecast

The North America piezoelectric accelerometer market is estimated to gather the highest revenue share of over 30% over the coming years. This growth is set to be influence by rising air traffic passengers. Airports in North America saw a strong rebound in foreign passenger traffic in 2022, up about 116 percent over the previous year. In a similar vein, domestic passenger traffic increased by approximately 24% over 2021. Additionally, the increased need for more modern aircraft has also increased the need for sophisticated INS and related subsystems and parts, such as gyroscopes and accelerometers.

APAC Market Analysis

The Asia Pacific piezoelectric accelerometer market is also set to have notable growth over the coming years. This growth is set to be influenced by rising demand for autonomous vehicles. Additionally, the disposable income of people in this region is also surging. This is why they have been seen adopting autonomous vehicles significantly hence further boosting the market growth. Moreover, the government in this region is also investing heavily in defense which is further encouraging the deployment of piezoelectric accelerometers. Additionally, there are a lot of well-established businesses and high levels of industrialization in this region. Hence, this factor is also projected to dominate the piezoelectric accelerometer market expansion in this region.   

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Piezoelectric Accelerometer Market size
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Companies Dominating the Piezoelectric Accelerometer Market

top-features-companies
    • Endevco
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • PCB Piezotronics, Inc.
    • Dytran Instruments Incorporated
    • Meggitt SA
    • TE Connectivity
    • Honeywell International, Inc.
    • MTS Systems
    • Alliance Sensors Group
    • National Instruments Corporation

In-the-news

In The News

  • A novel accelerometer designed for high-g shock applications, including weapons testing, train crash testing, pyroshock event research, and rocket sledge testing, was released by Endevco. Triaxial piezoresistive accelerometer, Model 7274A is a robust instrument intended for high-acceleration shock measurements in three mutually perpendicular axes. The undamped 7274A offers a quick response time, excellent linearity, and little phase shift.
  • PCB Piezotronics (PCB) announces that the static calibrations of Endevco Piezoresistive Pressure Sensors have been accredited by the American Association for Laboratory Accreditation (A2LA) (Certificate Number 1862.02).

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5745
  • Published Date: Feb 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are rising production of sensor technology in aircraft, growing adoption of smartphones, and surge in use of wireless piezometer accelerometer.

The market size of piezometer accelerometer is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2024 - 2036.

The major players in the market are Endevco, PCB Piezotronics, Inc., Dytran Instruments Incorporated, Meggitt SA, and others.

The piezometer charge (PE) accelerometer segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Piezoelectric Accelerometer Market Report Scope
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