Press release
Piezo Buzzers Market share, Market trends, and forecasts from 2024 to 2031.
Market Overview and Report CoveragePiezo buzzers are sound-producing devices that utilize the piezoelectric effect to generate sound waves. These buzzers are commonly found in electronic devices such as alarms, timers, and sensors due to their compact size, high efficiency, and low power consumption.
The future outlook of the Piezo Buzzers Market appears promising, with a projected growth rate of 3.40% during the forecasted period. This growth can be attributed to the increasing demand for consumer electronics, automotive applications, and industrial automation. The rise in smart home devices and IoT technologies also contribute to the expanding market for piezo buzzers.
Moreover, advancements in piezo buzzer technology, such as improved performance, increased frequency range, and customizable designs, are expected to drive further market growth. The growing trend of miniaturization in electronic devices further boosts the demand for compact and efficient piezo buzzers.
Overall, the Piezo Buzzers Market is anticipated to witness steady growth in the coming years, propelled by the increasing adoption of electronic devices across various industries and the continuous innovation in piezo buzzer technology.
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Market Segmentation
The Piezo Buzzers Market Analysis by types is segmented into:
• Active Piezo Buzzer
• Passive Piezo Buzzer
Active Piezo Buzzers are electronic devices that require an external power source to create sound through the expansion and contraction of a piezoelectric element. These buzzers are commonly used in electronic devices like alarms and timers. On the other hand, Passive Piezo Buzzers do not require an external power source and produce sound when struck or vibrated. They are often used in applications where power consumption is a concern, such as in low-power electronic devices. Both types of piezo buzzers cater to different market needs and preferences.
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The Piezo Buzzers Market Industry Research by Application is segmented into:
• Automotive Electronics
• Alarm
• Toy
• Timer
• Others
Piezo buzzers are commonly used in automotive electronics for warning sounds and alerts. They are also used in alarms for security systems, toys for sound effects, and timers for indicating the end of a set time period. In addition, piezo buzzers have applications in other industries such as medical devices, consumer electronics, and industrial equipment. Their compact size, low power consumption, and reliability make them a popular choice for various applications that require audible alerts or notifications.
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In terms of Region, the Piezo Buzzers Market Players available by Region are:
North America:
• United States
• Canada
Europe:
• Germany
• France
• U.K.
• Italy
• Russia
Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia
Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea
What are the Emerging Trends in the Global Piezo Buzzers market?
Some of the emerging trends in the global piezo buzzers market include the increasing demand for compact and durable buzzers in various industries such as automotive, healthcare, and consumer electronics. The rising adoption of piezo buzzers in advanced electronic devices due to their energy efficiency and longer lifespan is also driving market growth. Additionally, the integration of advanced technologies such as Internet of Things (IoT) and artificial intelligence (AI) in buzzers is expected to create new opportunities for market players. Moreover, the shift towards customization and miniaturization of piezo buzzers to meet specific requirements of end users is a notable trend in the market.
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Major Market Players
Murata is a leading player in the piezo buzzers market, with a strong presence worldwide. The company has a long history of producing high-quality components for the electronic industry. Murata has shown significant growth in the piezo buzzers market due to its focus on innovation and technology development. The market size for Murata in the piezo buzzers sector is estimated to be substantial, given its market leadership position.
TDK is another key player in the piezo buzzers market, known for its high-performance components and a wide range of products. TDK has continued to grow its market share in the piezo buzzers segment due to its strong brand reputation and focus on quality. The company has shown steady market growth, with a significant market size attributed to its extensive product portfolio.
Kingstate Electronics is a prominent player in the piezo buzzers market, known for its advanced technology and reliable solutions. The company has a history of delivering innovative products and has demonstrated consistent market growth in the piezo buzzers sector. Kingstate Electronics has a notable market size, driven by its strong presence in the industry.
In terms of sales revenue, Murata reported sales of approximately $8.4 billion in 2020, while TDK reported sales of around $12.8 billion in the same year. Kingstate Electronics reported sales revenue of approximately $356 million in 2020. These figures showcase the strong market presence and financial performance of these key players in the piezo buzzers market.
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Contact Us:
Name: Mahesh Patel
Phone: +1 507 500 7209
Email: sales@reportprime.com
At ReportPrime.com, our vision is to revolutionize the market research industry by delivering unprecedented value to our clients through our audacious goal of providing unparalleled research quality, ethical practices, and affordability. We strive to empower businesses of all sizes with actionable, accurate, and unbiased insights that inform strategic decision-making, drive growth and innovation. We are committed to fostering a culture of excellence, integrity, and transparency, and to fostering lasting partnerships with our clients through affordability and dedicated client servicing.
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