As per this study the Global Piezoelectric Buzzer Component Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Piezoelectric buzzer is the electronic audio signaling device that is designed to produce loud single tone sound. It uses the reverse of piezoelectric effect to produce the sound of high frequency irrespective of voltage variation applied to it. These are lightweight, low-cost buzzers available in small sizes, low voltages, loud sound volumes, that offers high performance and design that allows for easy mounting on circuits in security products, timers, alarms, remote controlling systems, and household appliances.
Rising adoption in medical devices, warning devices, pressure sensors, sonar equipment, automobile electronics, computing devices, and toys is further boosting the market growth. Rising cases of burglary, robbery, speculation have increased demand for enhanced safety and security and alarming systems is also fueling the market growth. Growing demand for mobility and connectivity in consumer electronics and testing services is again pushing the market growth uphill.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of piezoelectric buzzer component.
The broad piezoelectric buzzer component market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Active Piezo Buzzer
- Passive Piezo Buzzer
- Automotive Electronics
- Home Appliances
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for piezoelectric buzzer component in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Piezoelectric Buzzer Component Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the piezoelectric buzzer component market include Ariose, Cui Inc., Db Products Limited, Hitpoint, Huayu Electronics, Hunston Electronics, Kepo Electronics, Kingstate Electronics, Kingwei Electronic Co., LTD, Murata, Soberton, Sonitron and TDK. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.