Bulk & thin-film piezo devices: a US$48.5 billion opportunity

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The piezoelectric market for sensors, actuators, and transducers is expected to reach US$48.5 billion in 2024, with a 12.6% CAGR from 2018 – 2024 on comparable devices in bulk and thin-film technologies. » says Jérôme Mouly, Senior Technology & Market Analyst & Business Developer Yole Développement (Yole). « Thin-film piezo-based devices are driving the market’s growth, though market share is still in favour of bulk-based devices, which remains a strong technology in the piezo market ».

In both bulk and thin-film device markets, RF filters lead with SAW and BAW , respectively. Broadcom and Qorvo are the major thin-film players in the RF filters arena. 5G with an increasing number of frequencies will strongly boost the market.

The recent fundraising efforts of consumer players like Amazon in thin-film-based companies to support the development of piezo microspeakers and MEMS piezo microphones confirm mainstream interest in technologies, explains Jérôme Mouly from Yole. Such technologies are indeed able to work with ultra-low power. Bulk piezo devices offer the high actuation performance that is expected in a number of applications, from inkjet printheads to linear motors achieving very precise movements.

In this context, Yole and System Plus Consulting’s analysts join forces to deliver two dedicated reports : Piezoelectric Devices: from bulk to thin-film – Market & Technology and Piezoelectric material from bulk to thin film – Comparison. The first report forecasts the growth of bulk and thin-film piezo devices over the next five years, illustrating the trends and dynamics of these two methods, with a market focus on thin-film-based devices, by application. The second one, provides insights and technology data for a large range of functions based on piezoelectric material characteristics.
Based on these two reports, Yole Développement and System Plus Consulting, members of Yole Group of Companies, deliver a comprehensive vision of piezoelectric industry.

Piezoelectric materials allow interactions between both worlds, electronic and mechanic,” explains Sylvain Hallereau from System Plus Consulting. “Actuator and sensor functions can be so directly integrated with electronic die. Today piezoelectric materials are so more and more used in modules.”… More info.

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