Market Overview:
The global piezo motors market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for piezo motors in automotive and electronics applications. Additionally, the growing demand for miniaturization and high-precision motion control are also contributing factors to the growth of this market. The global piezo motors market is segmented on the basis of type, application, and region. On the basis of type, it is divided into AC Piezo Motors and DC Piezo Motors. The AC Piezo Motors segment dominates this market owing to its advantages such as low power consumption and high efficiency over DC Piezo Motors. On the basis of application, it is classified into automotive, electronics, medical devices & equipment’s (MD&E), industrial automation & robotics (IA&R), aerospace & defense (A&D), printing & packaging industry (PPI) among others segments . Among all these applications segments , automotive sector accounts for maximum share in terms revenue contribution followed by electronics sector across different regions .
Product Definition:
Piezo Motors are actuators that use the piezoelectric effect to create a mechanical force. They are used in a wide range of applications, from medical devices to nanotechnology.
AC Piezo Motors:
AC piezo motors are used in various applications such as medical, food & beverage, packaging and semiconductor industries. The piezo electric motor is a type of electric motor that uses the principle ofPiezoelectricity to generate power which is traditionally derived from crystals or rigid bodies. AC Piezo Motors have high torque density and low speed which makes them suitable for various applications including medical equipment manufacturing, electronic devices manufacturing and food & beverages industry among others.
DC Piezo Motors:
DC piezo motors are the most commonly used type of piezo electric motors. DC means that the current in this case is constant and does not vary as you change the position or speed of a device. Piezo means glass, like a crystal, and it’s used to make small motor movements with high precision possible.
Application Insights:
Automotives segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to factors such as increasing demand for electric and hybrid vehicles, stringent government regulations regarding reduction in vehicular emissions, growing emphasis on fuel economy by major automotive manufacturers, and need for low maintenance cost piezo motors among others.
The electronics application segment was valued at USD 544.0 million in 2017 owing to high product utilization across various end-use industries such as consumer electronics, telecommunication equipment manufacturing facilities etcetera. Other applications include energy storage systems (ESS) & renewable energy generation facilities which are anticipated to witness significant growth over the coming years due to rising investments by governments worldwide towards promoting adoption of clean energy sources including solar power plants & windmills along with smart grids that facilitate efficient electricity distribution among other benefits offered by ESSs & WEMs that includes improved grid stability).
Regional Analysis:
North America piezoelectric motors market is expected to witness significant growth over the forecast period owing to the increasing demand for high precision sensors in various applications such as aerospace and defense, medical, industrial machinery, etc. The region accounted for a revenue share of more than 30% in 2017 and is estimated to expand at a CAGR of XX% from 2018 to 2030.
The U.S., being one of the most developed countries with well-established infrastructure has emerged as an attractive destination for foreign investments especially in manufacturing sector which caters majorly to domestic needs thereby driving regional growth. However, uncertainty regarding trade policies between U.S.
Growth Factors:
- Increasing demand for miniaturization in various industrial and consumer applications is expected to drive the growth of the piezo motors market over the forecast period.
- Rising demand for energy-efficient and low-cost motors is another key factor that is expected to fuel the growth of this market in the near future.
- Growing popularity of electric vehicles is also anticipated to boost the demand for piezo motors in automotive applications over the next few years.
- Proliferation of Internet of Things (IoT) and increasing adoption of smart technologies are also projected to create lucrative opportunities for players operating in this market during the forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Piezo Motors Market Research Report
By Type
AC Piezo Motors, DC Piezo Motors
By Application
Automotives, Electronics, Others
By Companies
Murata Manufacturing, TDK, Johnson Electric, FAULHABER, piezosystem jena, CeramTec, KYOCERA, Noliac, NGK ELECTRONICS DEVICES, Physik Instrumente, Cedrat Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Piezo Motors Market Report Segments:
The global Piezo Motors market is segmented on the basis of:
Types
AC Piezo Motors, DC Piezo Motors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotives, Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Murata Manufacturing
- TDK
- Johnson Electric
- FAULHABER
- piezosystem jena
- CeramTec
- KYOCERA
- Noliac
- NGK ELECTRONICS DEVICES
- Physik Instrumente
- Cedrat Technologies
Highlights of The Piezo Motors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AC Piezo Motors
- DC Piezo Motors
- By Application:
- Automotives
- Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Piezo Motors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Piezo Motors are a type of electric motor that use piezoelectricity to generate power. This technology is often used in small devices, such as speakers and vibrators, because it is efficient and can produce high levels of torque.
Some of the major players in the piezo motors market are Murata Manufacturing, TDK, Johnson Electric, FAULHABER, piezosystem jena, CeramTec, KYOCERA, Noliac, NGK ELECTRONICS DEVICES, Physik Instrumente, Cedrat Technologies.
The piezo motors market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Piezo Motors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Piezo Motors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Piezo Motors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Piezo Motors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Piezo Motors Market Size & Forecast, 2020-2028
4.5.1 Piezo Motors Market Size and Y-o-Y Growth
4.5.2 Piezo Motors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 AC Piezo Motors
5.2.2 DC Piezo Motors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotives
6.2.2 Electronics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Piezo Motors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Piezo Motors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 AC Piezo Motors
9.6.2 DC Piezo Motors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotives
9.10.2 Electronics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 AC Piezo Motors
10.6.2 DC Piezo Motors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotives
10.10.2 Electronics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 AC Piezo Motors
11.6.2 DC Piezo Motors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotives
11.10.2 Electronics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 AC Piezo Motors
12.6.2 DC Piezo Motors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotives
12.10.2 Electronics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 AC Piezo Motors
13.6.2 DC Piezo Motors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotives
13.10.2 Electronics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Piezo Motors Market: Competitive Dashboard
14.2 Global Piezo Motors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Murata Manufacturing
14.3.2 TDK
14.3.3 Johnson Electric
14.3.4 FAULHABER
14.3.5 piezosystem jena
14.3.6 CeramTec
14.3.7 KYOCERA
14.3.8 Noliac
14.3.9 NGK ELECTRONICS DEVICES
14.3.10 Physik Instrumente
14.3.11 Cedrat Technologies
