Perovskite Oxides Market Size Driven by Growth in Photovoltaics, Capacitors & Advanced Electronics | Valuates Reports

Perovskite Oxides Market Size
The global market for Perovskite Oxides was valued at US$ 1374 million in the year 2024 and is projected to reach a revised size of US$ 2507 million by 2031, growing at a CAGR of 8.9% during the forecast period.

View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-1G19589/Global_Perovskite_Oxides_Market_Research_Report_2025

The perovskite oxides market is witnessing strong growth, fueled by rising demand across energy, electronics, and advanced materials industries. Known for their exceptional electrical, magnetic, and catalytic properties, perovskite oxides are increasingly being adopted in next-generation semiconductors, clean energy technologies, and superconducting devices. With global research accelerating in photovoltaics, magnetoelectrics, and thermoelectric applications, the perovskite oxides market size is expected to expand significantly in the coming years.

By type, titanate perovskites dominate the market share due to their widespread use in capacitors, transducers, and energy storage applications. Manganite and ferrite perovskites are also gaining traction for their magnetic and electronic properties, making them highly suitable for magnetoelectric devices and advanced spintronic systems. Meanwhile, cobaltite, nickelate, and chromite perovskites are expected to drive new growth opportunities in fuel cells, catalysis, and thermoelectric technologies.

By application, the capacitors & sensors segment leads the market, supported by the electronics industry's rapid expansion and rising demand for miniaturized components. The photovoltaics segment is expected to register the fastest growth rate, as perovskite solar cells gain global attention for their high efficiency and cost-effectiveness compared to traditional silicon-based cells. Other key growth areas include superconductors, magnetoelectric devices, and thermoelectrics, all of which are benefiting from heavy investments in advanced energy and quantum technologies.

Looking forward, the perovskite oxides market forecast shows strong opportunities in renewable energy, 5G communications, and high-performance electronics. Strategic collaborations between material developers, semiconductor companies, and clean energy innovators are expected to drive market expansion. With governments and industries worldwide focusing on sustainable energy and advanced materials research, perovskite oxides are set to play a pivotal role in shaping the future of technology.

Segment by Type

• Titanate Perovskites
• Manganite Perovskites
• Ferrite Perovskites
• Cobaltite Perovskites
• Nickelate Perovskites
• Chromite Perovskites
• Others

Segment by Application

• Capacitors & Sensors
• Magnetoelectric Devices
• Superconductors
• Photovoltaics
• Thermoelectrics
• Others

By Company

Oxford Photovoltaics, Saule Technologies, Microquanta Semiconductor, Swift Solar, Frontier Materials, Sekisui Chemical, GCL Group, UtmoLight, Mellow Energy, Huaneng Group, American Perovskites, Caelux Corporation, Helio Display Materials

View full report
https://reports.valuates.com/market-reports/QYRE-Auto-1G19589/global-perovskite-oxides

Valuates,
4th Floor,
Balaraj's Arcade,
Whitefield Main road,
Bangalore 560066,

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.