openPR Logo
Press release

Micro Actuator Market to Record Sturdy Growth by 2022

05-18-2017 09:02 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

Transducers are those devices which helps to convert one form of energy to another form of energy. Actuator is a type of transducers which helps in producing mechanical movement through converting a source of energy. Here the source of energy may include electric current, pneumatic pressure or hydraulic fluid pressure. Whereas micro actuator helps to transmit a measure or fixed amount of energy for the operation of other mechanism. In other words it is mainly used to produce small forces in entities of small sizes and motions at over small distances. Growing advancement in industries such as automotive, healthcare and wellness is expected to drive the demand of micro actuator in the forecast period.

A sample of this report is available upon request @
http://www.persistencemarketresearch.com/samples/10945

On the basis of types micro actuator can be segmented as electric micro actuators, functional material based micro actuators, shape memory alloy (SMA) micro actuator, and others. Electric micro actuator can be further sub segmented as electromagnetic micro actuators and electrostatic actuators. Among both these sub segments electromagnetic micro actuator is expected to account for larger market share as compared to electrostatic actuator. Rising wide application of electromagnetic micro actuator devices especially in space crafts is expected to support the demand of electromagnetic micro actuator across the globe. Furthermore, functional material based micro actuator is further sub segmented as piezoelectric micro actuator. Rising application of piezoelectric devices in various applications ranging from energy generation in medical instrument, or gathering of pedestrian traffic to power localized street lightening or portable devices to power the sensors in vehicles is expected to support the demand of functional material based micro actuator in the forecast period. Moreover, shape memory alloy (SMA) micro actuator is further sub segmented as electroactive polymer (EAP) based micro actuator. Rising considerable attention for the use of sensors for micro fabricated devise is driving the growth of electroactive polymer (EAP) based micro actuator in the near future. In addition, the others segment of micro actuator includes bimetallic thermal actuator and magnetostrictive actuators.

The micro actuator market can also be segmented on the basis of region which includes North America, Latin America, Easter Europe, Western Europe, Middle East and Africa, Asia Pacific and Japan. Among all the regions North America is expected to account for the highest market share followed by Europe. In North America United States is expected to be the major contributor as compared to other countries in the region. Rising demand of automotive products and, health and wellness industry is expected to support the growth of micro actuator market across the region. Moreover, Asia Pacific is expected to register a substantial growth in the forecast period. Among all the countries in Asia Pacific China is expected to be the major contributor. Rising number of aging population have led to the increased production of innovative medical instruments, which is expected to support the growth of micro actuator market in China in the forecast period.

To view TOC of this report is available upon request @
http://www.persistencemarketresearch.com/toc/10945

Rising wide number of application in automobile industry, health and wellness industry and other industry such space crafts or industries where heavy machineries are required is expected to support the demand of micro actuator market across the globe. Moreover, rising demand of micro fabricated sensors in above mentioned industries is also expected to support the growth of micro actuator market across the globe in the forecast period. However high cost incurred in manufacturing of micro actuator devices may hamper the growth of micro actuator market in the future.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Micro Actuator Market to Record Sturdy Growth by 2022 here

News-ID: 533344 • Views:

More Releases from Persistence Market Research

Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview: The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period. Market Size and Growth: The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and
The Global Graphene Market's Striking Growth and Innovative Applications
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities. Get Access To
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analysis, Emerging Trends with Upcoming Developments
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview: The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033. The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation and Industry Size
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products. To obtain the latest market

All 5 Releases


More Releases for Rising

Crypto High and Rising
Key Metrics Show Institutional Interest in Crypto and Ripple Is High and Rising As institutions flock to crypto, here are the fundamental metrics that can be used to track their interest. The growth of the crypto derivatives market in 2020 has been a story of its own, mainly driven by Bitcoin (BTC) and Ether (ETH) options traded on exchanges such as the Chicago Mercantile Exchange, Deribit, OKEx, Binance and Houbi. And
Rising Demand For Processed Meat Paired With Rising Disposable Revenue To Boost …
As per the analysts at Zion Market Research, the Global processed meat market was capitalized at almost USD 714.00 Billion in 2016 and is likely to cross almost USD 1,567.00 Billion by end of 2022, developing at a CAGR of almost 14.0% from 2017 to 2022. DOWNLOAD FREE PDF BROCHURE @ https://goo.gl/E8ksL4 Some of the major companies active in processed meat market are Pilgrims Pride Corp., JBS SA, Advance Pierre Foods, Sysco
Global SAR Market is Rising Rapidly with the Rising Growth in Demand for SAR Mar …
“Global SAR Market Research Report 2017” is a professional and incisive analysis on the market dynamics of the Global SAR Market industry and future growth prospects of the key market players across the global. The study offers detailed quantitative and qualitative analysis of the industry by offering an overview of key market conditions and statistics on market estimations. An in-depth insight into the industry overview is offered in the study
Rising Economic Growth and Rising jack-up rig market Analysis & Outlook (2017-20 …
“The Report Global Jack-Up Rig Market: Industry Analysis & Outlook (2017-2021) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" Rigs are giant structures or machines consisting of mud tanks, mud pumps, derrick or mast, draw works, rotary table, drill string, power generation equipments and auxiliary equipments. Rigs are used in drilling a wellbore. Some rigs are used on water and
Global Advanced Wound Care Management Market: Rising Prevalence of Chronic Wound …
The global market for advanced wound care management is likely to witness a progressive growth throughout the forecast period. The rising focus of prominent players on research and development activities and innovations is estimated to encourage the growth of the overall market in the coming few years. Nevertheless, the high cost of products in comparison with the traditional methods is anticipated to restrict the growth of the global market in
Advanced Wound Care Management Market: Rising Prevalence Of Chronic Wounds Key T …
The global market for advanced wound care management, being a highly technology- and research- oriented specialty sector of the overall wound care market, features few companies and a highly consolidated competitive landscape, observes a recent report by Transparency Market Research. The top four vendors in the market, namely Molnlycke Health Care, Smith and Nephew plc, Convatec, and Acelity L.P. Inc., accounted for a share of nearly 65% of the global