Sector Influencing 7.6% CAGR for Piezoelectric Actuators Market (2021-2026)

The global Piezoelectric Actuators market was valued at US$ 425.7 million in 2019 and it is expected to reach US$ 704.5 million by the end of 2026, growing at a CAGR of 7.6% during 2021-2026.

Piezo actuators are simply layers or stacks of piezo elements that expand and contract in proportion to an applied voltage. The arrangement of the elements determines the manner in which the piezo actuator moves – parallel or orthogonal to the electrical field. Piezo actuators produce small movements – typically in the range of several microns, up to a maximum of a few millimeters – and can generate very high forces, although at a tradeoff with displacement. There are four general categories of piezo actuators: longitudinal, shear, tube, and contracting, which are described in detail here.

The industry’s leading manufacturers are Murata Manufacturing, APC International (Schneider Electric) and Physik Instrumente (PI) Group, which accounted for 14.25%, 12.61% and 11.40% of revenue in 2019, respectively.

Global Piezoelectric Actuators Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Piezoelectric Actuators Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are Murata Manufacturing, APC International (Schneider Electric), Physik Instrumente (PI) Group, TDK Corporation, Viking AT, Piezosystem Jena, TOKIN Corporation, Thorlabs, Noliac (CTS), D Kinetic Ceramics and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-piezoelectric-actuators-market-research-report

Segment by Type

  • Stack Actuators
  • Stripe Actuators

Segment by Application

  • Industrial and Manufacturing
  • Automotive
  • Consumer Electronics
  • Medical
  • Military
  • Others

Table of Content:

1 Piezoelectric Actuators Market Overview

2 Market Competition by Manufacturers

3 Production and Capacity by Region

4 Global Piezoelectric Actuators Consumption by Region

5 Production, Revenue, Price Trend by Type

6 Consumption Analysis by Application

7 Key Companies Profiled

8 Piezoelectric Actuators Manufacturing Cost Analysis

9 Marketing Channel, Distributors and Customers

10 Market Dynamics

11 Production and Supply Forecast

12 Consumption and Demand Forecast

13 Forecast by Type and by Application (2022-2027)

14 Research Finding and Conclusion

15 Methodology and Data Source

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