Global Active Piezo Buzzer Market Size By Type (Small Size, Medium Size), By Application (Automotive Electronics, Home Appliances), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 21022 | Published Date: Nov 2024 | No. of Pages: | Base Year for Estimate: Nov 2024 | Format:
The Global Active Piezo Buzzer Market, valued at USD 850 million in 2023, is anticipated to reach USD 1.5 billion by 2031, expanding at a CAGR of 7.2% during the forecast period from 2023 to 2031. This growth is fueled by increasing demand in consumer electronics, automotive systems, and industrial applications where compact, efficient audio alert systems are essential. Active piezo buzzers, known for their ability to operate at lower power and deliver precise sound output, are widely adopted in compact electronics and security devices.
Drivers:
Rising Demand in Consumer Electronics: The
proliferation of smart devices and compact electronics has accelerated the
demand for active piezo buzzers due to their low energy consumption and compact
size.
Growth in Automotive Industry: The
automotive sector’s push for enhanced safety and alert systems drives the
demand for reliable audio indicators, such as piezo buzzers, in dashboard
alerts and security applications.
Industrial Automation and IoT Adoption: In
industrial applications, the need for audible alerts in automation systems,
combined with the rise of IoT-enabled monitoring, boosts the demand for active
piezo buzzers.
Restraints:
High Initial Costs for Advanced Designs:
Developing advanced piezo buzzer technology entails higher initial costs, which
can limit adoption in budget-sensitive applications.
Limited Sound Output in High-Noise
Environments: Active piezo buzzers can be less effective in noisy industrial
environments where higher decibel levels are required.
Opportunities:
Integration in Wearable Devices: As
wearable technology advances, integrating compact and efficient audio
indicators like piezo buzzers presents a notable growth opportunity.
Expansion into Emerging Markets: With
industrialization and the growth of consumer electronics in emerging markets,
demand for piezo buzzers is expected to rise significantly.
Market
by System Type Insights:
The Electromagnetic Buzzer segment
dominated the market in 2023, catering to applications where broader frequency
ranges are required. However, Piezoelectric Buzzer systems are anticipated to
exhibit the highest growth due to their efficiency and lower power
requirements, particularly in compact devices and high-volume consumer
electronics.
Market by End-Use Insights:
The Consumer Electronics sector is the
largest end-use segment, accounting for more than 35% of the market share in
2023, driven by demand for alert systems in devices like laptops, mobile
phones, and IoT devices. The Automotive segment is expected to witness
significant growth as automotive safety and alarm systems become increasingly
standard.
Market
by Regional Insights:
North America led the market in 2023,
supported by high adoption rates in automotive and consumer electronics.
Asia-Pacific, with rapid expansion in consumer electronics manufacturing and
industrial applications, is forecasted to register the highest growth rate
during the forecast period.
Competitive
Scenario:
Key players in the Global Active Piezo
Buzzer Market include Murata Manufacturing Co., Ltd., TDK Corporation, Mallory
Sonalert Products, Inc., DB Unlimited, Panasonic Corporation, and CUI Inc.
Companies focus on technological innovations, strategic partnerships, and
expanding production capacities to strengthen market presence. For instance,
Murata Manufacturing launched a compact piezo buzzer for wearable technology in
2023, aimed at improving sound clarity in compact applications.
Scope
of Work – Global Active Piezo Buzzer Market
Report
Metric |
Details |
Market Size (2023) |
USD 850 million |
Projected Market Size (2031) |
USD 1.5 billion |
CAGR (2023-2031) |
7.2% |
Key Segments Covered |
System Type, End-Use, Region |
Leading Segment by System Type |
Piezoelectric Buzzer |
Leading Segment by End-Use |
Consumer Electronics |
Leading Region |
Asia-Pacific |
Market Drivers |
Consumer electronics demand, automotive
safety requirements |
Market Opportunities |
Expansion in wearables, emerging markets |
Key
Market Developments
2023: Murata Manufacturing introduced a
miniaturized piezo buzzer for wearable applications, addressing the growing
demand in compact electronics.
2024: TDK Corporation announced a new piezo
buzzer series designed for industrial IoT applications, featuring enhanced
durability and lower energy consumption.
2025: Panasonic Corporation expanded its
production capabilities to meet rising demand in the Asia-Pacific region,
focusing on automotive and consumer electronics sectors.
FAQs:
What is the current market size of the
Global Active Piezo Buzzer Market?
The market size of the Global Active Piezo
Buzzer Market was USD 850 million in 2023.
What is the major growth driver of the
Global Active Piezo Buzzer Market?
The major growth drivers are the rising
demand for compact audio alert systems in consumer electronics and automotive
safety systems.
Which is the largest region during the
forecast period in the Global Active Piezo Buzzer Market?
Asia-Pacific is expected to exhibit the
highest growth rate due to the expansion of electronics manufacturing and
industrial applications.
Which segment accounted for the largest
market share in Global Active Piezo Buzzer Market?
The Consumer Electronics segment held the
largest market share in 2023.
Who are the key market players in the
Global Active Piezo Buzzer Market?
Key players include Murata Manufacturing
Co., Ltd., TDK Corporation, Mallory Sonalert Products, Inc., DB Unlimited, and
Panasonic Corporation.
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