Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Piezoelectric Motors Market by Type (AC Piezoelectric Motors, DC Piezoelectric Motors), By Application (Automotive Sector, Consumer Electronics Sector, Healthcare Sector, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Piezoelectric Motors Market by Type (AC Piezoelectric Motors, DC Piezoelectric Motors), By Application (Automotive Sector, Consumer Electronics Sector, Healthcare Sector, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 134541 3300 Machinery & Equipment 377 231 Pages 4.6 (39)
                                          

Market Overview:


The global piezoelectric motors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for piezoelectric motors in various applications, such as automotive sector, consumer electronics sector, healthcare sector and other sectors. Additionally, factors such as technological advancements and miniaturization are also contributing to the growth of this market. However, high initial cost and lack of awareness about benefits offered by these motors are restraining the growth of this market. On the basis of type, AC piezoelectric motors held a major share in 2017 and is expected to maintain its dominance during the forecast period from 2018 to 2030. This can be attributed to their advantages over DC Piezoelectric Motors including higher efficiency levels and better power-to-weight ratios. On the basis of application, automotive sector held a major share in 2017 and is expected to maintain its dominance duringthe forecast period from 2018to2030 owingtoincreasing demand for electric vehicles acrossthe globe .


Global Piezoelectric Motors Industry Outlook


Product Definition:


Piezoelectric motors are a type of electric motor that use the piezoelectric effect to create motion. The piezoelectric effect is the ability of some materials, such as crystals and ceramics, to generate an electric potential in response to applied mechanical stress.


AC Piezoelectric Motors:


AC piezoelectric motors are piezoelectric devices that convert electrical energy into mechanical work. They have the ability to produce high torque at low speeds and vice versa. The torque produced by these motors is higher than that of DC counterparts, but their speed is limited to a few hundred rpm.


DC Piezoelectric Motors:


DC piezoelectric motors are used in piezoelectric motors market to convert electrical energy into mechanical work. Piezo electric motors operate through the principle of crystal vibration, which is generated by a crystal oscillator and then amplified to high frequencies. These high-frequency vibrations are transferred to the motor shaft, which causes it to move in one direction or another.


The DC type operates at constant speed.


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 segment growth can be attributed to increasing demand for electric and hybrid vehicles, which are increasingly using piezo motors owing to their ability to produce high power with low weight as compared with other technologies. Piezo motors are used in various applications such as gearboxes, engine mounts, air conditioner compressors & fans, HVAC (heating ventilation & cooling), motor mounts and others.


The consumer electronics sector is also expected to witness significant growth during the forecast period on account of rising demand from smartphones, laptops/notebooks etc. The healthcare sector is also anticipated to witness considerable growth during the forecast period due Piezoelectric devices have wide applications across medical equipment such as stents angioplasty systems pacemakers defibrillators diagnostic equipment surgical tools dental instruments orthopedic surgery machinery imaging systems robotic surgery 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 product demand from various end-use industries such as automotive, consumer electronics, and healthcare. Increasing disposable income coupled with growing industrialization has resulted in an increased adoption of these motors across Asia Pacific.


The industry in Europe is anticipated to witness significant growth over the next eight years owing to increasing government funding for R&D activities pertaining piezoelectric materials used for manufacturing motors along with favorable regulations that support innovation and technological advancement within the sector are some factors driving regional growth.


In terms of revenue share, North America occupied a significant position within the global market space owing primarily to high usage rates observed among consumers across U.S.


Growth Factors:


  • Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This would lead to an increase in the demand for piezoelectric motors, as they are used in electric vehicles for propulsion and power generation.
  • Rising demand from industrial applications: Piezoelectric motors are finding increasing application in industrial automation and robotics due to their high precision, low noise, and fast response times. This is expected to drive the growth of the market during the forecast period.
  • Growing popularity of wearable devices: The global wearable device market is projected to grow at a CAGR of more than 20% during the forecast period. This would lead to an increase in demand for piezoelectric motors used in wearable devices such as smart watches, fitness bands, and hearables due to their small size and low power consumption requirements.

Scope Of The Report

Report Attributes

Report Details

Report Title

Piezoelectric Motors Market Research Report

By Type

AC Piezoelectric Motors, DC Piezoelectric Motors

By Application

Automotive Sector, Consumer Electronics Sector, Healthcare Sector, Other

By Companies

Murata Manufacturing, TDK, Alps Electric, Johnson Electric, AAC Technologies, 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

231

Number of Tables & Figures

162

Customization Available

Yes, the report can be customized as per your need.


Global Piezoelectric Motors Market Report Segments:

The global Piezoelectric Motors market is segmented on the basis of:

Types

AC Piezoelectric Motors, DC Piezoelectric 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

Automotive Sector, Consumer Electronics Sector, Healthcare Sector, Other

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:

  1. Murata Manufacturing
  2. TDK
  3. Alps Electric
  4. Johnson Electric
  5. AAC Technologies
  6. Piezosystem Jena
  7. CeramTec
  8. Kyocera
  9. Noliac
  10. Ngk Electronics Devices
  11. Physik Instrumente
  12. Cedrat Technologies

Global Piezoelectric Motors Market Overview


Highlights of The Piezoelectric Motors Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. AC Piezoelectric Motors
    2. DC Piezoelectric Motors
  1. By Application:

    1. Automotive Sector
    2. Consumer Electronics Sector
    3. Healthcare Sector
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Piezoelectric 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

Global Piezoelectric Motors Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Piezoelectric motors are electric motors that use the piezoelectric effect to generate power. Piezoelectric materials produce small electrical charges when subjected to mechanical stress or pressure, which can be used to power devices like motors.

Some of the key players operating in the piezoelectric motors market are Murata Manufacturing, TDK, Alps Electric, Johnson Electric, AAC Technologies, Piezosystem Jena, CeramTec, Kyocera, Noliac, Ngk Electronics Devices, Physik Instrumente, Cedrat Technologies.

The piezoelectric motors market is expected to register a CAGR of 6.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Piezoelectric Motors 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 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 Market - Supply Chain
   4.5. Global Piezoelectric Motors Market Forecast
      4.5.1. Piezoelectric Motors Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Piezoelectric Motors Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Piezoelectric Motors Market Absolute $ Opportunity

5. Global Piezoelectric Motors 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 Market Size and Volume Forecast by Type
      5.3.1. AC Piezoelectric Motors
      5.3.2. DC Piezoelectric Motors
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Piezoelectric Motors 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 Market Size and Volume Forecast by Application
      6.3.1. Automotive Sector
      6.3.2. Consumer Electronics Sector
      6.3.3. Healthcare Sector
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Piezoelectric Motors 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 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 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 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 Demand Share Forecast, 2019-2029

9. North America Piezoelectric Motors 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 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 Market Size and Volume Forecast by Application
      9.4.1. Automotive Sector
      9.4.2. Consumer Electronics Sector
      9.4.3. Healthcare Sector
      9.4.4. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Piezoelectric Motors Market Size and Volume Forecast by Type
      9.7.1. AC Piezoelectric Motors
      9.7.2. DC Piezoelectric Motors
   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 Demand Share Forecast, 2019-2029

10. Latin America Piezoelectric Motors 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 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 Market Size and Volume Forecast by Application
      10.4.1. Automotive Sector
      10.4.2. Consumer Electronics Sector
      10.4.3. Healthcare Sector
      10.4.4. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Piezoelectric Motors Market Size and Volume Forecast by Type
      10.7.1. AC Piezoelectric Motors
      10.7.2. DC Piezoelectric Motors
   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 Demand Share Forecast, 2019-2029

11. Europe Piezoelectric Motors 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 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 Market Size and Volume Forecast by Application
      11.4.1. Automotive Sector
      11.4.2. Consumer Electronics Sector
      11.4.3. Healthcare Sector
      11.4.4. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Piezoelectric Motors Market Size and Volume Forecast by Type
      11.7.1. AC Piezoelectric Motors
      11.7.2. DC Piezoelectric Motors
   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 Demand Share, 2019-2029

12. Asia Pacific Piezoelectric Motors 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 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 Market Size and Volume Forecast by Application
      12.4.1. Automotive Sector
      12.4.2. Consumer Electronics Sector
      12.4.3. Healthcare Sector
      12.4.4. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Piezoelectric Motors Market Size and Volume Forecast by Type
      12.7.1. AC Piezoelectric Motors
      12.7.2. DC Piezoelectric Motors
   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 Demand Share, 2019-2029

13. Middle East & Africa Piezoelectric Motors 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 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 Market Size and Volume Forecast by Application
      13.4.1. Automotive Sector
      13.4.2. Consumer Electronics Sector
      13.4.3. Healthcare Sector
      13.4.4. Other
   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 Market Size and Volume Forecast by Type
      13.7.1. AC Piezoelectric Motors
      13.7.2. DC Piezoelectric Motors
   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 Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Piezoelectric Motors Market: Market Share Analysis
   14.2. Piezoelectric Motors Distributors and Customers
   14.3. Piezoelectric Motors Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Murata Manufacturing
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. TDK
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Alps Electric
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Johnson Electric
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. AAC Technologies
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Piezosystem Jena
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. CeramTec
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Kyocera
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Noliac
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Ngk Electronics Devices
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Physik Instrumente
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Cedrat Technologies
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         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

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