Smart materials, which exhibit piezoelectricity, find an eclectic range of applications in the industry. The direct piezoelectric effect has been widely used in sensor design, and the inverse piezoelectric effect has been applied in actuator design. Ever since 1954, PZT and BaTiO3 were widely used for sensor and actuator applications despite their toxicity, brittleness, inflexibility, etc. With the discovery of PVDF in 1969, followed by development of copolymers, a flexible, easy to process, nontoxic, high density alternate with high piezoelectric voltage coefficient was available. In the past 20 years, heterostructural materials like polymer ceramic composites, have received lot of attention, since these materials combine the excellent pyroelectric and piezoelectric properties of ceramics with the flexibility, processing facility, and strength of the polymers resulting in relatively high dielectric permittivity and breakdown strength, which are not attainable in a single phase piezoelectric material. The current review article is an attempt to provide a compendium of all the work carried out with reference to PVDF-PZT composites. The review article evaluates the effect of grain size, content and other factors under the purview of dielectric and piezoelectric properties while evaluating the sensitivity of the material for sensor application. POLYM. ENG. SCI., 55:1589-1616, 2015. (c) 2015 Society of Plastics Engineers