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Piezo Actuators market Report Insights (2023-2030) :(119 Pages Report)
piezo actuators market Research Report give analysis of industry development growth opportunities, Trend till 2030. Piezo Actuators Market detailed analysis of business is mainly cover by Application [ Automotive, Aerospace, Industrial and Manufacturing, Consumer Electronics, Healthcare ], by Type [ Piezoelectric Ceramic, Piezoelectric Composite, Others ] Region Forecast to 2030. By providing a detailed analysis of the market landscape, this report equips companies with the information they need to make informed decisions about their business strategies and potential areas of growth. ask for a sample report
The latest research study on the global Piezo Actuators market finds that the global Piezo Actuators market reached a value of USD 738.21 million in 2022. It's expected that the market will achieve USD 1113.05 million by 2028, exhibiting a CAGR of 7.08% during the forecast period.
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The Reports Will Help with Solving the Following Inquiries:
What's the current scope of the Piezo Actuators market request in various regions? How is the Piezo Actuators market demand divided into different product type? How is the demand predicted to develop in the future? What's the demand possibility compared to other countries?
Top Manufactures Listed In the Piezo Actuators Market Report are:-
Physik Instrumente (PI) GmbH and Co. KG NGK Electronics Devices Inc TAIYO YUDEN Murata Manufacturing Kinetic Ceramics KEMET(TOKIN Corporation) Noliac Elpa Company TDK Corporation Aerotech Inc. Piezo Systems Inc. APC International, Ltd Omega Piezo Technologies piezosystem jena GmbH. CEDRAT TECHNOLOGIES Thorlabs, Inc.
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Piezo Actuators Market Report Detail Overview 2023-2030:
Piezo Actuators are transducers that convert electrical energy into a mechanical displacement or stress based on a piezoelectric effect. They have been used widely as a high precision positioning mechanism since it can control a small mechanical displacement at high speed, with the advantages of large generated force, stable displacement, and ease of use.
Influence of COVID-19 Outbreak on Piezo Actuators Industry Development
Globally, 6.35 million people have died since the outbreak began, and the toll continues to rise. At present, the Global economy continues to recover, but due to supply chain disruptions, the uncertainty of the epidemic has increased, the uncertainty of global economic recovery has increased, and the momentum of recovery has weakened. It's the worst global recession in decades, despite a massive government effort to fight it, backed by fiscal and monetary policy. But in the longer term, a severe recession triggered by the pandemic is expected to lead to a prolonged downturn in the economy by reducing investment. The recession could get worse if the COVID-19 outbreak continues, if restrictions on liquidity are extended or reintroduced, or if economic activity is disrupted for a prolonged period. Businesses may struggle to service debt, and increased risk aversion could lead to higher borrowing costs.
Drivers
Given its simple design, minimal moving parts, lubrication-free operation and high reliability. Piezo Actuators are used in a variety of industrial, automotive, medical, aerospace, aerospace and consumer electronics applications.
For example, Piezo Actuators are widely used in ultra-precision positioning control, ultra-precision measurement and ultra-precision machining with micron and sub-micron precision. The main principle is to use Piezo Actuators under the action of a small electric field, the elongation of piezoelectric ceramics and the applied voltage are approximately linearly related, and its resolution accuracy is high and the only feature. In addition, Piezo Actuators are also widely used in micro-machines as driving power components. It can mainly include micro robots, micro air vehicles, micro grippers, piezoelectric ultrasonic motors, micro pumps, micro valves, etc. In the field of consumer electronics, Piezo Actuators are widely used in smartphones, tablet computers, game consoles, etc. Mainly used in acousto-optic modulators to refine laser frequencies. Also, in the medical field, precise patient movements in CT and MRI machines are controlled by Piezo Actuators. In general, Piezo Actuators are widely used. With the continuous development of technology and economy, the demand for various precision instruments and micro-machines is increasing. Therefore, the widespread application of Piezo Actuators is one of the driving factors driving the development of the industry.
Limitations
Piezo Actuators are high precision electronically controlled positioning elements. Piezo Actuators are currently used in many microsystems. These types of actuators are designed based on the piezoelectric effect. However, a major limitation of Piezo Actuators is that they exhibit a rate-independent hysteresis between input voltage and output displacement. If this lagging dynamics is not properly compensated, positioning accuracy can be severely degraded. In fact, the presence of hysteresis in a control system can lead to oscillations and even system instability. In general, the rate-independent hysteresis exhibited between input voltage and output displacement is a technical challenge for Piezo Actuators products. This also brings challenges to the development of the industry.
Opportunities
As governments around the world continue to increase investment in the aviation sector, the market size of the aviation sector continues to expand. In addition, the growing market for aircraft manufacturing owing to growing travel and tourism development in emerging economies and increasing demand to replace outdated aircraft with newer, more fuel-efficient advanced aircraft is also propelling the aviation segment market size growth. At the same time, with the development of science and technology, more and more sensors, actuators and engines based on piezoelectric technology are used in the aviation field. Benefiting from its air and space certification and high output energy density, Piezo Actuators are increasingly being deployed in aircraft applications. For example, in aircraft, Piezo Actuators are mainly used in different parts of the aircraft to damp unwanted vibrations. In addition to Piezo Actuators, which can reduce the noise level of helicopters, the technology is also used in wind turbines, thrusters, fuel injection and valves. In general, as the market size of the aviation sector continues to expand, the demand for Piezo Actuators will continue to increase. This will be one of the opportunities for the development of the industry.
From 2022-2027, North America is estimated to witness robust growth prospects.
TDK Corporation is one of the major players operating in the Piezo Actuators market, holding a share of 18.14percent in 2022.
TDK Corporation is a global leader in electronic solutions for a smart society, headquartered in Tokyo, Japan. TDK's comprehensive, innovation-driven product portfolio includes passive components such as ceramic, aluminum electrolytic and film capacitors, as well as magnetic, high frequency, piezoelectric and protective devices. The product range also includes sensors and sensor systems such as temperature and pressure, magnetic and MEMS sensors. In addition, TDK provides power and energy equipment, magnetic heads, and more. These products are sold under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics and TDK-Lambda.
KEMET is a subsidiary of YAGEO Corporation and part of the YAGEO Group. The company's products include aluminum electrolytic capacitors, ceramic capacitors, EMI filters, film capacitors, tantalum capacitors, super capacitors, flexible suppression sheets, metal composite inductors, miniature signal relays, etc.
Among different product types, Piezoelectric Ceramic segment is anticipated to contribute the largest market share in 2027.
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Piezo Actuators Market Based on Type
Piezoelectric Ceramic Piezoelectric Composite Others
Piezo Actuators Market Based on Applications
Automotive Aerospace Industrial and Manufacturing Consumer Electronics Healthcare
Benefits and Barriers of Piezo Actuators Market: -
The report highlights both the opportunities and challenges that market players may encounter. It provides insights that can aid in making strategic decisions and their execution. The report identifies factors that may lead to profit growth and success, as well as obstacles that may impede or endanger their development.
COVID-19 AND RUSSIA-UKRAINE WAR INFLUENCE ANALYSIS:
COVID-19 can have an impact on the world economy have been by directly altering market dynamics, by breaking the market supply chain, and by having an economic impact on businesses and financial markets. According to our researchers, who are keeping an eye on the situation around the world, the market will create profitable opportunities for producers after the COVID-19 crisis. The purpose of the report is to further illustrate how the current situation decline in the economy, and COVID-19's effects on the entire industry.
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Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada) Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden) Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia) Latin America (Brazil, Mexico, Argentina) Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa)
Roadmap of Piezo Actuators Market Chapters: -
-Chapter 1 starts the Piezo Actuators Market report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.
-Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.
-Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.
-Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.
-Chapter 5 segments the Piezo Actuators Market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.
-Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.
-Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.
-Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.
-Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.
-Chapter 14 Piezo Actuators Market forecasts the future trend of the market not only as a whole but also from the perspective of all segments.
Years considered for this report: -
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2029
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Detailed TOC of the Piezo Actuators market:
1 Piezo Actuators Market Overview
1.1 Product Overview and Scope of Piezo Actuators market
1.2 Piezo Actuators market Segment by Type
1.3 Global Piezo Actuators Market Segment by Application
1.4 Global Piezo Actuators Market, Region Wise (2017-2029)
1.5 Global Market Size (Revenue) of Piezo Actuators (2017-2029)
1.6 Influence of Regional Conflicts on the Piezo Actuators Industry
1.7 Impact of Carbon Neutrality on the Piezo Actuators Industry
2 Piezo Actuators market Upstream and Downstream Analysis
2.1 Piezo Actuators market Industrial Chain Analysis
2.2 Key Raw Materials Suppliers and Price Analysis
2.3 Key Raw Materials Supply and Demand Analysis
2.4 Market Concentration Rate of Raw Materials
2.5 Manufacturing Process Analysis
2.6 Manufacturing Cost Structure Analysis
2.7 Major Downstream Buyers of Piezo Actuators Analysis
2.8 Impact of COVID-19 on the Industry Upstream and Downstream
3 Players Profiles
4 Global Piezo Actuators Market Landscape by Player
4.1 Global Piezo Actuators Sales and Share by Player (2017-2022)
4.2 Global Piezo Actuators Revenue and Market Share by Player (2017-2022)
4.3 Global Piezo Actuators Average Price by Player (2017-2022)
4.4 Global Piezo Actuators Gross Margin by Player (2017-2022)
4.5 Piezo Actuators Market Competitive Situation and Trends
5 Global Piezo Actuators Sales, Revenue, Price Trend by Type
5.1 Global Piezo Actuators Sales and Market Share by Type (2017-2022)
5.2 Global Piezo Actuators Revenue and Market Share by Type (2017-2022)
5.3 Global Piezo Actuators Price by Type (2017-2022)
5.4 Global Piezo Actuators Sales, Revenue and Growth Rate by Type (2017-2022)
6 Global Piezo Actuators Market Analysis by Application
6.1 Global Piezo Actuators Consumption and Market Share by Application (2017-2022)
6.2 Global Piezo Actuators Consumption Revenue and Market Share by Application (2017-2022)
6.3 Global Piezo Actuators Consumption and Growth Rate by Application (2017-2022)
7 Global Piezo Actuators Sales and Revenue Region Wise (2018-2023)
7.1 Global Piezo Actuators Sales and Market Share, Region Wise (2017-2022)
7.2 Global Piezo Actuators Revenue and Market Share, Region Wise (2017-2022)
7.3 Global Piezo Actuators Sales, Revenue, Price and Gross Margin (2017-2022)
7.4 United States Piezo Actuators Sales, Revenue, Price and Gross Margin (2017-2022)
7.5 Europe Piezo Actuators Sales, Revenue, Price and Gross Margin (2017-2022)
7.6 China Piezo Actuators Sales, Revenue, Price and Gross Margin (2017-2022)
7.7 Japan Piezo Actuators Sales, Revenue, Price and Gross Margin (2017-2022)
7.8 India Piezo Actuators Sales, Revenue, Price and Gross Margin (2017-2022)
7.9 Southeast Asia Piezo Actuators Sales, Revenue, Price and Gross Margin (2017-2022)
7.10 Latin America Piezo Actuators Sales, Revenue, Price and Gross Margin (2017-2022)
7.11 Middle East and Africa Piezo Actuators Sales, Revenue, Price and Gross Margin (2017-2022)
8 Global Piezo Actuators Market Forecast (2022-2029)
8.1 Global Piezo Actuators Sales, Revenue Forecast (2022-2029)
8.2 Global Piezo Actuators Sales and Revenue Forecast, Region Wise (2022-2029)
8.3 Global Piezo Actuators Sales, Revenue and Price Forecast by Type (2022-2029)
8.4 Global Piezo Actuators Consumption Forecast by Application (2022-2029)
8.5 Piezo Actuators Market Forecast Under COVID-19
9 Industry Outlook
9.1 Piezo Actuators Market Drivers Analysis
9.2 Piezo Actuators Market Restraints and Challenges
9.3 Piezo Actuators Market Opportunities Analysis
9.4 Emerging Market Trends
9.5 Piezo Actuators Industry Technology Status and Trends
9.6 News of Product Release
9.7 Consumer Preference Analysis
9.8 Piezo Actuators Industry Development Trends under COVID-19 Outbreak
10 Research Findings and Conclusion
11 Appendix
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