The global Piezoelectric Actuator market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of XX% throughout the estimate period from 2020 to 2027.
Advancements in manufacturing, materials, microelectromechanical (MEMS), and biotechnology have enabled the development of an array of bio actuators and biosensors that are made from piezoelectric materials, which are also biocompatible. At present, piezoelectric actuators are increasingly being used across a host of end-use industries, including healthcare, automotive, manufacturing, and aerospace & defense, among others. The current generation of piezoelectric actuators and sensors are being manufactured using new materials and advanced techniques to minimize toxicity levels put forward by traditional piezoelectric materials such as lead. In addition, as piezo-materials provide a direct coupling between mechanical movements and electric signals, piezoelectric technology is extensively deployed to manufacture a myriad of products and devices that are used to perform multiple applications across several end-use industries.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Piezoelectric Actuator market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Piezoelectric Actuator market growth.
The global Piezoelectric Actuator market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
• APC International Ltd.
• Cedrat Technologies
• CeramTec GmbH
• CTS Corporation
• TDK Corporation
• Johnson Matthey
• Kinetic Ceramics
• Murata Manufacturing Co. Ltd.
• Tokin Corporation
• NGK Insulators
• PCB Motor Ltd.
• Physik Instrumente (PI) GmbH & Co. KG.
• Piezomechanik GmbH
• Steminc (STEINER & MARTINS, INC.)
• Thorlabs Inc.
• Ningbo Best Group Co., Ltd.
• Hanse-john Electronics Co., Ltd
• Piezo Hannas (Wuhan) Tech Co Ltd.
• Sinocera Piezotronics, INC.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Piezoelectric Actuator Market: Segmentation
Piezoelectric Actuator Market, by Actuator Type
• Multilayer Actuators
• Multilayer Chip Actuators
• Bulk Stacked Actuators
• Shear Actuators
• Amplified Actuators
• Benders
Piezoelectric Actuator Market, by Application
• Valves
• Printed Heads
• Positioners
• Optical Instruments
• Scientific Instruments
• Others
Piezoelectric Actuator Market, by End-use Industry
• Automotive
• Medical
• Consumer Electronics
• Aerospace & Defense
• Manufacturing & Processing
• Others
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
• North America
? U.S.
? Canada
• Europe
? Germany
? U.K.
? Italy
? France
? Rest of EU
• Asia Pacific
? China
? India
? Japan
? Southeast Asia
? Rest of APAC
• Central & South America
? Brazil
? Argentina
? Rest of Central & South America
• Middle East and Africa
? UAE
? Saudi Arabia
? Rest of MEA