Market Overview:
The global piezoelectric motors and actuators market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for miniaturization and high-precision motion control across various applications, such as automotive, consumer electronics, and healthcare sectors. In addition, the growing adoption of piezoelectric motors and actuators in emerging economies is also contributing to the growth of this market. On the basis of type, ceramics are expected to account for a major share of the global piezoelectric motors and actuators market during the forecast period. This can be attributed to their high performance characteristics as well as low manufacturing costs as compared with other types of materials used in these devices.
Product Definition:
A Piezoelectric Motor and Actuator is a device that creates motion or force by converting electrical energy into mechanical energy. This type of motor and actuator is important because it can be used in many applications where traditional motors and actuators cannot be used, such as in harsh environments or when low power consumption is required.
Ceramics:
Ceramics are crystalline, inorganic and non-metals that are made of aluminum oxide, silicon nitride, potassium oxide and calcium phosphate. They have the ability to change their physical properties based on temperature which makes them useful for a wide range of applications. Ceramic materials find application in various industries such as automotive & transportation, energy & power generation sectors among others owing to their characteristics such as high strength corrosion resistance heat tolerance electrical insulation etc.
Composites:
Composites are materials that are composed of two or more elements connected by a common element. In the case of fiber composites, the common element is a fiber. Fiber-reinforced plastics (FRP) and glass reinforced plastics (GRP) are examples of composite materials used in various end-use industries including transportation, construction, marine and defense industry among others.
Application Insights:
The automotive sector accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The rising demand for electric and hybrid vehicles is projected to drive product demand in this application segment. Rising environmental concerns regarding carbon emissions are likely to propel the adoption of eco-friendly piezo motors across green vehicle applications, such as hybrid or electric cars, buses or trucks.
The consumer electronics sector also holds promising growth opportunities for manufacturers of piezo generators and actuators based on ZEUS technology. These products find application across various electronic devices such as mobile phones, headphones, speakers & headsets among others. The healthcare sector was another key industry vertical that adopted piezoelectric technologies extensively owing to their high precision requirements when it comes to measuring small distances or angles with great accuracy (less than 1 degree).
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 product demand from various end-use industries, such as automotive, consumer electronics, and healthcare.
China is anticipated to witness significant growth owing to increasing government investments in infrastructure development coupled with rapid industrialization. In addition, growing automobile production along with favorable government regulations for electric vehicles are likely to contribute toward industry expansion over the coming years.
North America accounted for a major share of revenue generation in 2017 owing to high demand from several end-use applications including aerospace & defense.
Growth Factors:
- Increasing demand for miniaturization in consumer electronics and automotive applications
- Rising demand from medical and healthcare sectors
- Growing popularity of piezoelectric motors and actuators in renewable energy applications
- Rising R&D investments by leading players to develop new products
- Growing adoption of piezoelectric motors and actuators across a wide range of industrial applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Piezoelectric Motors and Actuators Market Research Report
By Type
Ceramics, Composites, Polymers
By Application
Automotive Sector, Consumer Electronics Sector, Healthcare Sector
By Companies
AAC Technologies, Alps Electric, APC International, CTS, Johnson Electric, Johnson Matthey Piezo Products, Murata Manufacturing, Physik Instrumente, TDK, CeramTec, Kyocera(Kyoto), Noliac, NGK ELECTRONICS DEVICES
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Piezoelectric Motors and Actuators Market Report Segments:
The global Piezoelectric Motors and Actuators market is segmented on the basis of:
Types
Ceramics, Composites, Polymers
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
Automotive Sector, Consumer Electronics Sector, Healthcare Sector
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:
- AAC Technologies
- Alps Electric
- APC International
- CTS
- Johnson Electric
- Johnson Matthey Piezo Products
- Murata Manufacturing
- Physik Instrumente
- TDK
- CeramTec
- Kyocera(Kyoto)
- Noliac
- NGK ELECTRONICS DEVICES
Highlights of The Piezoelectric Motors and 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:
- Ceramics
- Composites
- Polymers
- By Application:
- Automotive Sector
- Consumer Electronics Sector
- Healthcare Sector
- 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 Motors and 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 motors and actuators are devices that use the piezoelectric effect to generate motion. Piezoelectric materials produce small amounts of electricity when subjected to mechanical stress or pressure. This electricity can be used to power devices, such as motors and actuators, which in turn can create movement.
Some of the key players operating in the piezoelectric motors and actuators market are AAC Technologies, Alps Electric, APC International, CTS, Johnson Electric, Johnson Matthey Piezo Products, Murata Manufacturing, Physik Instrumente, TDK, CeramTec, Kyocera(Kyoto), Noliac, NGK ELECTRONICS DEVICES.
The piezoelectric motors and actuators market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Piezoelectric Motors and Actuators Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Piezoelectric Motors and Actuators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Piezoelectric Motors and Actuators Market - Supply Chain
4.5. Global Piezoelectric Motors and Actuators Market Forecast
4.5.1. Piezoelectric Motors and Actuators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Piezoelectric Motors and Actuators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Piezoelectric Motors and Actuators Market Absolute $ Opportunity
5. Global Piezoelectric Motors and Actuators Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Piezoelectric Motors and Actuators Market Size and Volume Forecast by Type
5.3.1. Ceramics
5.3.2. Composites
5.3.3. Polymers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Piezoelectric Motors and Actuators Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Piezoelectric Motors and Actuators Market Size and Volume Forecast by Application
6.3.1. Automotive Sector
6.3.2. Consumer Electronics Sector
6.3.3. Healthcare Sector
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Piezoelectric Motors and Actuators Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Piezoelectric Motors and Actuators Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Piezoelectric Motors and Actuators Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Piezoelectric Motors and Actuators Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Piezoelectric Motors and Actuators Demand Share Forecast, 2019-2029
9. North America Piezoelectric Motors and Actuators Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Piezoelectric Motors and Actuators Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Piezoelectric Motors and Actuators Market Size and Volume Forecast by Application
9.4.1. Automotive Sector
9.4.2. Consumer Electronics Sector
9.4.3. Healthcare Sector
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Piezoelectric Motors and Actuators Market Size and Volume Forecast by Type
9.7.1. Ceramics
9.7.2. Composites
9.7.3. Polymers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Piezoelectric Motors and Actuators Demand Share Forecast, 2019-2029
10. Latin America Piezoelectric Motors and Actuators Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Piezoelectric Motors and Actuators Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Piezoelectric Motors and Actuators Market Size and Volume Forecast by Application
10.4.1. Automotive Sector
10.4.2. Consumer Electronics Sector
10.4.3. Healthcare Sector
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Piezoelectric Motors and Actuators Market Size and Volume Forecast by Type
10.7.1. Ceramics
10.7.2. Composites
10.7.3. Polymers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Piezoelectric Motors and Actuators Demand Share Forecast, 2019-2029
11. Europe Piezoelectric Motors and Actuators Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Piezoelectric Motors and Actuators Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Piezoelectric Motors and Actuators Market Size and Volume Forecast by Application
11.4.1. Automotive Sector
11.4.2. Consumer Electronics Sector
11.4.3. Healthcare Sector
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Piezoelectric Motors and Actuators Market Size and Volume Forecast by Type
11.7.1. Ceramics
11.7.2. Compoites
11.7.3. Polymers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Piezoelectric Motors and Actuators Demand Share, 2019-2029
12. Asia Pacific Piezoelectric Motors and Actuators Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Piezoelectric Motors and Actuators Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Piezoelectric Motors and Actuators Market Size and Volume Forecast by Application
12.4.1. Automotive Sector
12.4.2. Consumer Electronics Sector
12.4.3. Healthcare Sector
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Piezoelectric Motors and Actuators Market Size and Volume Forecast by Type
12.7.1. Ceramics
12.7.2. Composites
12.7.3. Polymers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Piezoelectric Motors and Actuators Demand Share, 2019-2029
13. Middle East & Africa Piezoelectric Motors and Actuators Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Piezoelectric Motors and Actuators Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Piezoelectric Motors and Actuators Market Size and Volume Forecast by Application
13.4.1. Automotive Sector
13.4.2. Consumer Electronics Sector
13.4.3. Healthcare Sector
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Piezoelectric Motors and Actuators Market Size and Volume Forecast by Type
13.7.1. Ceramics
13.7.2. Composites
13.7.3. Polymers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Piezoelectric Motors and Actuators Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Piezoelectric Motors and Actuators Market: Market Share Analysis
14.2. Piezoelectric Motors and Actuators Distributors and Customers
14.3. Piezoelectric Motors and Actuators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AAC Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alps Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. APC International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CTS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Johnson Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Johnson Matthey Piezo Products
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Murata Manufacturing
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Physik Instrumente
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TDK
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CeramTec
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kyocera(Kyoto)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Noliac
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. NGK ELECTRONICS DEVICES
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook