Technological Boost Observed in Piezoelectric Motor Market Motivates CAGR Growth during Forecast Period | Key Players- Dr. Fritz Faulhaber GmbH , attocube systems , Physik Instrumente , Nanomotion , PiezoMotor Uppsala , SmarAct GmbH
Get Free Exclusive PDF Sample Copy of This Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=2438
With the development of new devices and equipment in various industries, the application of piezoelectric motors has increased in the micro positioning stages in various industries. The demand is growing in manufacturing process control, camera autofocus, semiconductor test equipment, robotic positioning, point level sensors, and ultrasonic cleaners.
Increasing interest in the miniaturizing positioning systems for improving accuracy id is driving the demand for piezoelectric motors. In particular, linear stepper piezoelectric motor is finding large application in the high degree of miniaturization design requirements.
Rapid evolving production processes are driving the need for motion control system, providing high accuracy, resolution, and speed. The demand for ultrasonic piezoelectric motors is likely to witness steady growth in the future, emerging as an alternative to classical motors, providing high speed, and energy efficiency.
North America to Continue its Dominance in Piezoelectric Motor Market
The Fact.MR study estimates that North America will continue to register significant growth in the piezoelectric motor market in the coming years. The region is expected to account for nearly 30% of the total demand for piezoelectric motor in 2018. Growth in advanced technologies and better performance demand is driving the shift from electromagnetic motors to piezoelectric motors in the region.
The healthcare sector in North America is rapidly growing with the launch of new medical devices and equipment. With the improvement in high speed laser scanning and other medical devices, manufacturers are increasingly choosing piezoelectric motors. Owing to the increasing demand from medical equipment manufacturers, latest piezoelectric motors are being developed, among new designs, piezoelectric stepper motor and ultrasonic piezoelectric linear motors are finding large application in medical equipment.
For more information on this report, please visit: https://www.factmr.com/report/2438/piezoelectric-motor-market
With the requirement of extremely fine-tuned positioning and measuring equipment in point-of-care and medical test, piezoelectric motors is witnessing growing demand in these equipment.
Demand for Standard Linear Piezoelectric Motor on the Rise
The study opines that the standard linear piezoelectric motor is witnessing rapid adoption owing to the increasing demand for high accuracy and high speed performance in numerous industries. The demand for standard LPM is expected to exceed 500 million units by 2018 end.
The demand for the standard linear piezoelectric motor is likely to remain high in general automation, machine tools, and semiconductor market. Manufacturers in positioning applications are increasingly selecting linear piezoelectric motor over rotary piezoelectric motors due to the high mean time between failures and low maintenance.
Fast response, high positioning accuracy, simple structure and flexible design of standard linear piezoelectric motors is resulting in growing demand in precision positioning field and precision driving field. Manufacturers are designing linear piezoelectric motors for OEM applications with a focus on precise positioning and low energy consumption.
Owing to the piezoelectric effect and creation of linear motion, standard LPM and non-magnetic LPM are finding large application in non-invasive medical technology. With FDA and EU approval for new mechanical-electronic devices, manufacturers are developing medical devices that operate efficiently. This is driving demand for piezoelectric motors in the wide range of medical applications such as artificial fertilization, micro monitoring, nano-microliter pumps, and advanced surgery devices.
The Fact.MR report tracks the piezoelectric motor market for the period 2018-2027. According to the report, the piezoelectric motor market is expected to reach 4.2% CAGR in terms of volume between 2018 and 2027.
Make Enquiry Before Buying the Report @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=2438
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
Read Industry News at - https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
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 Technological Boost Observed in Piezoelectric Motor Market Motivates CAGR Growth during Forecast Period | Key Players- Dr. Fritz Faulhaber GmbH , attocube systems , Physik Instrumente , Nanomotion , PiezoMotor Uppsala , SmarAct GmbH here
News-ID: 1750731 • Views: 120
More Releases from Fact.MR
Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
More Releases for Piezoelectric
Global Piezoelectric Positioners Market Insights, Forecast
The Piezoelectric Positioners market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Piezoelectric Positioners. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=57293 Table of Contents: Table of Contents 1 Study Coverage
Global Piezoelectric Accelerometers Market Insights, Forecast
This report presents the worldwide Piezoelectric Accelerometers market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=56752 Table of Contents: Table of Contents 1 Study Coverage
Piezoelectric Proportional Valve Market Opportunities And Threats.
Global piezoelectric proportional valve market was valued over US$ 7,550 million in 2017, and is expected to register a CAGR of over 34%. The report offers in-depth insights, revenue details, and other vital information regarding the global piezoelectric proportional valve market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026. Piezoelectricity or piezoelectric effect refers to generating electric charge as a result of mechanical
Piezoelectric Single Crystals for Underwater Sonar Transducers
CTS Corporation (NYSE: CTS) has published a white paper presenting the advantages of piezoelectric single crystals for underwater sonar transducers. PIN-/PMN-PT piezoelectric single crystals are among the most important technological advancements for underwater acoustics in recent years. Increased Sensitivity and Wider Bandwidth CTS PMN-PT and PIN-PMN-PT single crystal piezoelectric materials provide increased sensitivity and wider bandwidth for underwater transducers. Thus, the performance marks of underwater transducers are significantly higher when
Broader Bandwidth with Piezoelectric Single Crystals
CTS manufactures high quality piezoelectric single crystal components, which can improve the capability of underwater applications compared to applications using piezoelectric bulk. Visit our booth (A50) at Oceanology International in London, March 13-15, where we will present a selection of our products. Single crystals for broader bandwidth and higher sensitivity CTS is the leading developer and manufacturer of high-performance piezoelectric single crystals. These components provide very high electromechanical coupling coefficient, resulting in
Global Piezoelectric Inkjet Printer Market Research Report
Latest industry research report on: Global Piezoelectric Inkjet Printer Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts This report offers a comprehensive analysis of the Piezoelectric Inkjet Printer Market players with all the major trends in the market. In this report, growth of the Piezoelectric Inkjet Printer Market is estimated for the forecast period 2017-2022 in terms of CAGR % and the estimated value by