Press release
Piezoelectric Motors and Actuators Market Recent trends and developments, key business strategies and forecast year 2018-2025
Piezoelectric actuators and motors, once a technological novelty has gradually entered the mainstream market, and is expected to witness significant demand and sales volumes. Piezoelectric actuators convert electrical energy into mechanical stress or displacement through a piezoelectric effect. These actuators are electromechanical motors working on the solid state piezomechanical deformation effect of peizoceramics.Piezoelectric elements have exemplary responsiveness and conversion competence, leading to the development of several piezoelectric actuators handling the piezoelectric effect of piezoelectric elements. Piezoelectric actuators and motors utilize the piezoelectricity of crystal along with controlling the mechanical displacement at efficient speed.
The market is poised for growth owing to increasing demand for high volume and low-cost auto focus assemblies postulated in phone cameras. The demand for ultra-small scale motion devices and manufacturing inspection equipment combined with moderate cost ink printing cartridges has been rising considerably. Surging demand across medical and automotive sector is estimated to propel demand in the global piezoelectric actuators and motors market over the next few years.
In 2018, the market size of Piezoelectric Motors and Actuators is million US$ and it will reach million US in 2025, growing at a CAGR of from 2018; while in China, the market size is valued at million US$ and will increase to million US in 2025, with a CAGR during forecast period.
In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Piezoelectric Motors and Actuators.
This study researches the market size of Piezoelectric Motors and Actuators in United States, European Union and China, presents the Piezoelectric Motors and Actuators production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
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In United States, European Union and China market, the following companies are covered:
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
Market Segment by Product Type
Ceramics
Composites
Polymers
Market Segment by Application
Automotive Sector
Consumer Electronics Sector
Healthcare Sector
Key Regions split in this report:
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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