Piezoelectric Actuators and Motors Market Share, Size, and Outlook by 2028
Piezoelectric Actuators and Motors Market: Strategic Insights
Piezoelectric Actuators and Motors Market
-
CAGR (2023 - 2031)8.9% -
Market Size 2023
US$ 16.93 Billion -
Market Size 2031
US$ 33.59 Billion
Market Dynamics
GROWTH DRIVERS
- Reliability & cost-effectiveness of piezoelectric actuators & motors, Growing application in medical sector
FUTURE TRENDS
- Miniaturization of piezoelectric devices
OPPORTUNITIES
- Increasing Demand from Numerous Industries
Key Players
- APC International Ltd
- Cedrat Technologies
- Faulhaber Group
- Johnson Electric Holdings Limited
- Microfine Materials Technologies Pte Ltd
- Physik Instrumente PI GmbH Co KG
- Piezo Electric Technology Co Ltd
- PiezoMotor Uppsala AB
- TDK Corporation
- piezosystem jena GmbH
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Product
- Piezo Motors
- Piezo Actuators
Application
- Automotive
- Industrial and Manufacturing
- Medical
- Aerospace
- Consumer Electronics