Market Overview:
The global piezoelectric transducers and actuators market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for piezoelectric transducers and actuators in various applications, such as industrial & manufacturing, automotive, consumer electronics, medical, military and others. In addition, the growing awareness about the benefits of using piezoelectric transducers and actuators is also contributing to the growth of this market.
Product Definition:
Piezoelectric Transducers and actuators are devices that convert electrical energy into mechanical energy or vice versa. They are important because they can be used to control the position or movement of objects.
Piezoelectric Transducers:
Piezoelectric transducers & actuators are devices that produce a small mechanical vibration or displacement when electrical energy is applied to them. They are made from piezoelectric material, which means they respond to the application of electrical voltage and current.
Piezoelectric Actuators:
Piezoelectric actuators are used in piezoelectric transducers and actuators to produce a displacement or change in position. Piezo electric actuators use the piezoelectric effect for generating an electrical signal that controls the motion of a device. The piezo electric material has the ability to generate an electrical signal when subjected to mechanical stress or pressure.
Application Insights:
The market is segmented by application into industrial & manufacturing, automotive, consumer electronics, medical, military and others. The other applications include energy generation and power distribution. In 2017, the Others segment dominated the global piezoelectric transducers & actuators market with a share of over 30% in terms of revenue. This is attributed to an increase in demand for electric vehicles across various regions coupled with rising government funding for research and development on hybrid vehicles.
Hybrid vehicle manufacturers are highly reliant on suppliers that can provide high-performance products at low costs as hybrid cars are considered to be an expensive alternative to conventional gasoline-powered cars when compared to their diesel counterparts globally owing to stringent environmental regulations introduced after the COVID-19 pandemic across various countries including China Europe Japan America etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as consumer electronics, medical, industrial & manufacturing, automotive and others. Increasing government initiatives for infrastructure development are also anticipated to drive the demand for actuators in this region. For instance, Actuator Control System (ACS) project by Japan’s Ministry of Economy Trade and Industry (METI) aims at developing control systems that use piezoelectric actuators with high efficiency across a broad range of applications including robotics, automation equipment operation etc.
The Asia Pacific market is also characterized by rapidly growing economies such as China and India which have a strong base for manufacturing consumer electronics products owing to low labor cost along with favorable government policies encouraging investments in various sectors including defense & security sector are driving industry growth further resulting into higher product sales volume over the forecast period.
Growth Factors:
- Increasing demand for piezoelectric transducers and actuators in automotive and aerospace industries due to their advantages such as high efficiency, low weight, and compact size.
- Rising demand from medical devices industry for use in ultrasonic diagnostic and therapeutic equipment.
- Growing popularity of piezoelectric transducers and actuators in energy harvesting applications owing to their ability to convert mechanical energy into electrical energy.
- Increasing research activities on development of new applications for piezoelectric transducers and actuators across different industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Piezoelectric Transducers & Actuators Market Research Report
By Type
Piezoelectric Transducers, Piezoelectric Actuators
By Application
Industrial & Manufacturing, Automotive, Consumer Electronics, Medical, Military, Others
By Companies
TDK Corporation, Murata Manufacturing, KEMET (TOKIN Corporation), CTS (Noliac), TAIYO YUDEN, Johnson Matthey, Physik Instrumente (PI) Group, Piezosystem Jena, APC International (Schneider Electric), Kinetic Ceramics, TDK Corporation
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Piezoelectric Transducers & Actuators Market Report Segments:
The global Piezoelectric Transducers & Actuators market is segmented on the basis of:
Types
Piezoelectric Transducers, Piezoelectric Actuators
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
Industrial & Manufacturing, Automotive, Consumer Electronics, Medical, Military, 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:
- TDK Corporation
- Murata Manufacturing
- KEMET (TOKIN Corporation)
- CTS (Noliac)
- TAIYO YUDEN
- Johnson Matthey
- Physik Instrumente (PI) Group
- Piezosystem Jena
- APC International (Schneider Electric)
- Kinetic Ceramics
- TDK Corporation
Highlights of The Piezoelectric Transducers & Actuators 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:
- Piezoelectric Transducers
- Piezoelectric Actuators
- By Application:
- Industrial & Manufacturing
- Automotive
- Consumer Electronics
- Medical
- Military
- 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 Piezoelectric Transducers & Actuators 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?
Piezoelectric transducers and actuators are devices that convert energy from an external source into motion. Piezoelectric materials generate an electric charge when subjected to mechanical stress or pressure, which can be used to power devices like motors and sensors.
Some of the key players operating in the piezoelectric transducers & actuators market are TDK Corporation, Murata Manufacturing, KEMET (TOKIN Corporation), CTS (Noliac), TAIYO YUDEN, Johnson Matthey, Physik Instrumente (PI) Group, Piezosystem Jena, APC International (Schneider Electric), Kinetic Ceramics, TDK Corporation.
The piezoelectric transducers & actuators market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Piezoelectric Transducers & Actuators 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 Piezoelectric Transducers & Actuators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Piezoelectric Transducers & Actuators 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 Piezoelectric Transducers & Actuators 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 Piezoelectric Transducers & Actuators Market Size & Forecast, 2018-2028
4.5.1 Piezoelectric Transducers & Actuators Market Size and Y-o-Y Growth
4.5.2 Piezoelectric Transducers & Actuators Market Absolute $ Opportunity
Chapter 5 Global Piezoelectric Transducers & Actuators 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 Piezoelectric Transducers & Actuators Market Size Forecast by Type
5.2.1 Piezoelectric Transducers
5.2.2 Piezoelectric Actuators
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Piezoelectric Transducers & Actuators 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 Piezoelectric Transducers & Actuators Market Size Forecast by Applications
6.2.1 Industrial & Manufacturing
6.2.2 Automotive
6.2.3 Consumer Electronics
6.2.4 Medical
6.2.5 Military
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Piezoelectric Transducers & Actuators 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 Piezoelectric Transducers & Actuators 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 Piezoelectric Transducers & Actuators Analysis and Forecast
9.1 Introduction
9.2 North America Piezoelectric Transducers & Actuators 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 Piezoelectric Transducers & Actuators Market Size Forecast by Type
9.6.1 Piezoelectric Transducers
9.6.2 Piezoelectric Actuators
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 Piezoelectric Transducers & Actuators Market Size Forecast by Applications
9.10.1 Industrial & Manufacturing
9.10.2 Automotive
9.10.3 Consumer Electronics
9.10.4 Medical
9.10.5 Military
9.10.6 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 Piezoelectric Transducers & Actuators Analysis and Forecast
10.1 Introduction
10.2 Europe Piezoelectric Transducers & Actuators 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 Piezoelectric Transducers & Actuators Market Size Forecast by Type
10.6.1 Piezoelectric Transducers
10.6.2 Piezoelectric Actuators
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 Piezoelectric Transducers & Actuators Market Size Forecast by Applications
10.10.1 Industrial & Manufacturing
10.10.2 Automotive
10.10.3 Consumer Electronics
10.10.4 Medical
10.10.5 Military
10.10.6 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 Piezoelectric Transducers & Actuators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Piezoelectric Transducers & Actuators 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 Piezoelectric Transducers & Actuators Market Size Forecast by Type
11.6.1 Piezoelectric Transducers
11.6.2 Piezoelectric Actuators
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 Piezoelectric Transducers & Actuators Market Size Forecast by Applications
11.10.1 Industrial & Manufacturing
11.10.2 Automotive
11.10.3 Consumer Electronics
11.10.4 Medical
11.10.5 Military
11.10.6 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 Piezoelectric Transducers & Actuators Analysis and Forecast
12.1 Introduction
12.2 Latin America Piezoelectric Transducers & Actuators 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 Piezoelectric Transducers & Actuators Market Size Forecast by Type
12.6.1 Piezoelectric Transducers
12.6.2 Piezoelectric Actuators
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 Piezoelectric Transducers & Actuators Market Size Forecast by Applications
12.10.1 Industrial & Manufacturing
12.10.2 Automotive
12.10.3 Consumer Electronics
12.10.4 Medical
12.10.5 Military
12.10.6 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) Piezoelectric Transducers & Actuators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Piezoelectric Transducers & Actuators 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) Piezoelectric Transducers & Actuators Market Size Forecast by Type
13.6.1 Piezoelectric Transducers
13.6.2 Piezoelectric Actuators
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) Piezoelectric Transducers & Actuators Market Size Forecast by Applications
13.10.1 Industrial & Manufacturing
13.10.2 Automotive
13.10.3 Consumer Electronics
13.10.4 Medical
13.10.5 Military
13.10.6 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 Piezoelectric Transducers & Actuators Market: Competitive Dashboard
14.2 Global Piezoelectric Transducers & Actuators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TDK Corporation
14.3.2 Murata Manufacturing
14.3.3 KEMET (TOKIN Corporation)
14.3.4 CTS (Noliac)
14.3.5 TAIYO YUDEN
14.3.6 Johnson Matthey
14.3.7 Physik Instrumente (PI) Group
14.3.8 Piezosystem Jena
14.3.9 APC International (Schneider Electric)
14.3.10 Kinetic Ceramics
14.3.11 TDK Corporation
