Blockchain Press Releases
Piezoelectric Ceramics Market worth $1.8 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 12, 2023 /PRNewswire/ — The report “Piezoelectric Ceramics Market by Type (Barium Titanate, Potassium Niobate, Sodium Tungstate, Lead Zirconate Titanate), End user (Consumer Electronics, Industry & Manufacturing, Automotive, Medical), and Region – Global Forecast to 2028″, is projected to reach USD 1.8 billion by 2028, at a CAGR of 4.9% from USD 1.4 billion in 2023.
The major drivers for the piezoelectric ceramics market are rising demand of piezoelectric energy harvesting technology, rising demand from medical sectors, and growing need for high-performance sensors. The high cost of piezoelectric ceramics material is the major restraint in this market. Opportunities for the market include rapid innovation in automotive industry.
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“Barium titanate segment is projected to be second fastest CAGR by type, in terms of value, during the forecast period.”
Barium Titanate is gaining traction as a lead-free alternative to conventional piezoelectric materials like Lead Zirconate Titanate (PZT). As environmental concerns and regulations regarding lead-based materials continue to rise, there is a growing demand for environmentally sustainable piezoelectric ceramics. Barium Titanate emerges as a viable solution for manufacturers and end-users who prioritize the use of lead-free materials, offering a suitable alternative. Barium titanate offers a wide range of operating temperatures, providing versatility in different environments. It has a Curie temperature (the temperature at which the material loses its ferroelectric properties) around 120-130°C, which allows it to be used in a broad temperature range compared to other piezoelectric ceramics. This characteristic expands the potential applications of barium titanate in industries that require operation in harsh or extreme temperature conditions.
“Industry & manufacturing segment is projected to be second fastest CAGR by end use industry, in terms of value, during the forecast period.”
The demand for piezoelectric ceramics in the industry & manufacturing industry is witnessing a significant upsurge due to the growing demand of high-performance sensors. The industry and manufacturing sector often require sensors and actuators for various applications. Piezoelectric ceramics are widely used as sensors to measure parameters such as pressure, force, and vibration, providing precise and reliable data for process control and monitoring. Additionally, they are utilized as actuators for precise positioning, vibration control, and flow regulation in industrial machinery and equipment. The increasing automation and need for efficient control systems in the industry drive the demand for piezoelectric ceramics.
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“North America is expected to be the third largest growing market for piezoelectric ceramics during the forecast period, in terms of value.”
The market for electric and hybrid vehicles is rapidly growing in North America. Piezoelectric ceramics are used in these vehicles for various applications, including battery management systems, regenerative braking systems, and acoustic sensors for detecting pedestrian presence. The increasing adoption of electric and hybrid vehicles in North America creates a significant demand for piezoelectric ceramics. The US is the second-largest automotive market, globally, after China. The automotive industry in the country is one of the largest globally. In 2021, vehicle production reached 9.1 million, as per the International Organization of Motor Vehicle Manufacturers (OICA). North America has a well-established automotive industry that focuses on advanced technologies and improved vehicle performance. Piezoelectric ceramics find applications in areas such as fuel injectors, automotive sensors, and active suspension systems, providing benefits such as fuel efficiency, enhanced safety features, and improved driving experience. The demand for such technologies in the automotive sector has contributed to the growth of piezoelectric ceramics in North America.
New product launches and expansions are the major growth strategies adopted by the key players in the market. The key global players in the piezoelectric ceramics market include KYOCERA Corporation (Japan), CeramTec GmbH (Germany), CTS Corporation (US), Murata Manufacturing Co., Ltd (Japan), TDK Corporation (Japan), Physik Instrumente (PI) GmbH & Co. (Germany), APC International, Ltd (US), L3Harris Technologies, Inc (US), HOERBIGER Motion Control GmbH (Germany), and Piezo Technologies (US).
Browse Adjacent Market: Ceramics and Glass Market Research & Consulting
Related Reports:
Automotive Ceramics Market– Global Forecast to 2022
Ceramic Coatings Market– Global Forecast to 2020
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“The Game is On”
TAIPEI, Jan. 23, 2025 /PRNewswire/ — TiltPlay, a gaming platform offering fast-paced and engaging casual games, is proud to announce its official launch on the Soneium ecosystem. This launch positions TiltPlay as dynamic, skill-focused gaming experience to the Web3 space.
TiltPlay combines accessible gameplay with innovative technology to deliver a seamless experience across platforms, including Telegram mini-apps and web browsers. The platform’s unique approach introduces:
- Exciting Game Variety: A growing library of casual games designed to challenge and entertain.
- Skill-Based Progression: Players are rewarded for their mastery and expertise, ensuring a fair and fun competitive environment.
- Web3 Integration: Built on Soneium, providing a decentralized and secure gaming experience.
“With TiltPlay, we’re redefining mini-games by putting fun and skill at the forefront,” said Jeffrey Huang, Product Director at TiltPlay. “Our collaboration with the Soneium ecosystem allows us to deliver a platform that’s accessible, enjoyable, and innovative for all players.”
TiltPlay is now live, inviting gamers worldwide to dive into its features, test their skills, and connect with a vibrant community.
For more information about TiltPlay, visit TiltPlay.gg.
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Blockchain Press Releases
Purchasers of Quantstamp QSP Tokens May Be Eligible for Payment from the Quantstamp Fair Fund
COSTA MESA, Calif., Jan. 22, 2025 /PRNewswire/ — The following statement is being issued by Simpluris, Inc., the SEC-appointed Fund Administrator.
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
In the Matter of Quantstamp, Inc.
Administrative Proceeding File No. 3-21535
This Notice is Pursuant to a Distribution Plan approved by the United States Securities and
Exchange Commission in the captioned matter.
If you purchased or acquired Quantstamp QSP tokens from October 1, 2017, through July 20, 2023, inclusive, you may be eligible for a distribution from the Fair Fund created in the Securities and Exchange Commission (“SEC”) administrative proceeding captioned above (the “Fair Fund”).
The Fair Fund is being distributed pursuant to a Distribution Plan (the “Plan”) approved by the SEC. The Plan provides for the distribution of the Fair Fund to compensate investors based on their losses, due to the misconduct of Quantstamp, Inc. described in the SEC’s administrative proceeding, on the purchase of QSP tokens from October 1, 2017 through July 20, 2023. You can view and download a copy of the SEC’s order and the Plan on the Important Documents tab on the website for this matter: www.QuantstampFairFund.com/documents.
To be considered for eligibility for a Distribution Payment from the Fair Fund, you must timely submit a completed Claim Form online or via mail. Claim Forms completed online must be submitted on or before 11:59 p.m. Eastern Standard Time (“EST”) on April 10, 2025. Claim Forms submitted via mail must be sent to the address provided on the Claim Form and postmarked (or if not sent by U.S. Mail, received) by April 10, 2025.
You may complete the Claim Form online here: www.QuantstampFairFund.com/form/claim. Alternatively, you may download a paper copy from of the Claim Form on the Important Documents page www.QuantstampFairFund.com/documents, or request a copy of the paper Claim Form from the Fund Administrator via email at [email protected] or by calling 833-215-6101, for submission by mail to the address set forth on the Claim Form.
ADDITIONAL INFORMATION
Additional information regarding the Fair Fund, including copies of the Plan, the Plan Notice, the Claim Form, and other relevant documents may be found at www.QuantstampFairFund.com. You may request copies or seek additional information by contacting the Fund Administrator.
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833-215-6101 |
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Quantstamp Fair Fund |
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P.O. Box 25381 |
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Santa Ana, CA 92799 |
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
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