Global Piezoelectric Actuator Market – Industry Analysis and Forecast (2019-2027)

Global Piezoelectric Actuator Market – Industry Analysis and Forecast (2019-2027)

Global piezoelectric actuator market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of ~4% during the forecast period.

The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

To know about the Research Methodology :- Request Free Sample Report
Global piezoelectric actuator market Definition

Piezoelectric actuators are devices that are used to convert electrical signals into linear motion or mechanical displacement with unlimited resolution, high force, and speed. They are widely used in the high precision positioning mechanism as it provides benefits such as ease of use, stable displacement, and large generated force.
Global piezoelectric actuator market Dynamics

A surge in the adoption of piezoelectric actuators in various advanced high-tech sectors such as semiconductor inspection & test, bio-nanotechnology, aerospace and astronomy technology and in super-resolution microscopy field is major driving factor behind the growth of the market. A growing adoption of piezoelectric actuators in precision motion control applications, rising significance in high-frequency switches and industrial automation, increasing demand of piezoelectric actuators in aerospace applications and growing technological advancements in piezoelectric effect are expected to improve growth of the market during the forecast period.
However, high initial cost required for the integration of piezoelectric actuators into the industrial machines is the major restraining factor that could hamper the growth of the market.
Global Piezoelectric Actuator Market: Segmentation Analysis

By industry, medical segment dominated the market in 2019 and is projected to witness fast growth at a CAGR of XX% during the forecast period. A surge in the adoption of piezoelectric actuators in variety of medical devices such as in surgical devices, laser beam steering devices, micro dose dispensers, micro-liter and nano-liter pumps, ultrasonic emitters and in 3D scanners is accredited to the growth of the market. In addition, rising significance of piezoelectric actuators in applications such as MRI-compatible robotics, drug delivery and material handling applications are expected to expand growth of the market in medical industry.

Alternatively, aerospace and defence segment is projected to witness fast growth at a CAGR of XX% during the forecast period. A growing adoption of piezoelectric devices such as actuators, sensor and motors in aerospace and defence applications is attributed to the growth of the market. An increasing use of piezoelectric actuators in various parts of aircraft to damp unwanted vibrations, rising significance of this actuators is in wind turbines, planes, motors, laboratory tables and machine tools and rising production of commercial and military aircrafts are likely to impel growth of the market during the forecast period.
Global Piezoelectric Actuator Market: Regional Analysis

Region wise, Asia pacific held the largest market share in 2019 and is expected to maintain its dominance at CAGR of XX% during the forecast period. The developing economies such as China, Japan, South Korea, and India are the major key contributors behind the growth of the market. The growth is attributed to the high adoption of piezoelectric actuators in industries such as automotive, aerospace and defense and medical industry across the globe.

Growing technological advancements in micro electromechanical (MEMS), materials, manufacturing and biotechnology field, rapid growth in industrial automation technology and rising adoption of piezoelectric actuators in semiconductor processing equipments are driving the growth of the market in APAC region.

The objective of the report is to present a comprehensive analysis of the Global Piezoelectric Actuator Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Piezoelectric Actuator Market dynamics, structure by analyzing the market segments and projects the Global Piezoelectric Actuator Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Piezoelectric Actuator Market make the report investor’s guide.

For more information of visit:https://www.maximizemarketresearch.com/market-report/global-piezoelectric-actuator-market/78990/
Scope of Global Piezoelectric Actuator Market: Inquire before buying

Global Piezoelectric Actuator Market, By Type

• Multilayer Actuators
• Multilayer Chip Actuators
• Bulk Stacked Actuators
• Shear Actuators
• Amplified Actuators
• Benders
Global Piezoelectric Actuator Market, By Application

• Valves
• Printed Heads
• Positioners
• Optical Instruments
• Scientific Instruments
• Others
Global Piezoelectric Actuator Market, By Industry

• Automotive
• Medical
• Consumer Electronics
• Aerospace & Defence
• Manufacturing & Processing
• Others
Global Piezoelectric Actuator Market, By Region

• North America
 US
 Canada
• Europe
 UK
 France
 Germany
 Italy
 Spain
 Norway
 Russia
• Asia Pacific
 China
 India
 Japan
 South Korea
 Australia
 Malaysia
 Indonesia
• South America
 Brazil
 Mexico
 Argentina
• Middle East and Africa
Global Piezoelectric Actuator Market, Key Players

• APC International Ltd.
• Cedrat Technologies
• CeramTec GmbH
• CTS Corporation
• TDK Corporation
• Johnson Matthey
• Kinetic Ceramics
• Murata Manufacturing Co. Ltd.
• Tokin Corporation
• NGK Insulators
• PCB Motor Ltd.
• Physik Instrumente (PI) GmbH & Co. KG.
• Piezomechanik GmbH
• Steminc (STEINER & MARTINS, INC.)
• Thorlabs Inc.
• Ningbo Best Group Co., Ltd.
• Hanse-john Electronics Co., Ltd
• Piezo Hannas (Wuhan) Tech Co Ltd.
• Sinocera Piezotronics, INC
• XX
• XX

This Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.