Piezoelectric Actuators Market Size To Grow USD 4.03 Billion By 2032, At 6.85% CAGR SNS Insider
| Report Attributes | Details |
| Market Size in 2023 | USD 2.37 Billion |
| Market Size by 2032 | USD 4.03 Billion |
| CAGR | CAGR of 6.85% From 2024 to 2032 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | . By Type(Stack Actuators, Stripe Actuators, Tube Actuators, Shear Actuators and Linear Actuators) . By Application(Aerospace, Automotive, Industrial Manufacturing, Healthcare, Consumer Electronics and Others) . By Material(Piezoelectric Ceramic, Piezoelectric Crystal, Piezoelectric Composite and Piezoelectric Polymer) |
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Key Industry Segmentation
By Type
With a 59% share in 2024, the stack actuators category dominated the piezoelectric actuators market owing to its high force output and precision, which fit for semiconductor manufacture, medical devices, and industrial automation.
With a CAGR of 10.73%, the stripe actuators category is expected to develop quickest over 2025–2032. This growth is driven by the increasing demand for tiny lightweight comfort actuators in applications in new markets including wearables, robotics and MEMS.
In Which Application the Piezoelectric Actuators are Used the Most?
In 2024, the industrial manufacturing segment accounted for approximately 45% of the piezoelectric actuators market and is expected to remain the largest and fastest-growing segment, which is expected to remain the largest and fastest-growing end-use sector on the back of rising automation, high-definition motion control requirement and efficient performance of piezoelectric actuators under severe environment. Demand continues to be driven by applications in robotics, quality control and process control.
The automotive segment is projected to grow at a CAGR of 9.47% over 2025-2032, on the back of increasing deployment of ADAS, EVs, and advanced actuator-based control systems.
By Material
In 2024, the piezoelectric ceramic segment led the market with a 68% share, owing to its excellent piezoelectric properties, high reliability and cost-effective nature that suits it for medical devices, industrial automation, and consumer electronics. An increasing emphasis on high-performance actuators also bolsters its lead.
The piezoelectric polymer segment is projected to grow at the fastest rate with a CAGR of 11.17% over 2025-2032, on account of lightweight, flexible features for wearables and compact, unique actuation applications in untapped markets.
Leading Market Players with their Product Listed in this Report are:
- Physik Instrumente (PI) TDK Corporation Murata Manufacturing CTS Corporation CeramTec GmbH APC International KEMET Corporation (TOKIN) Piezosystem Jena Thorlabs Inc. Cedrat Technologies
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Recent Developments:
- In June 2025, PI Launches PICMA® Plus Piezo Actuators with Higher Displacement for Extreme EnvironmentsPI introduces PICMA® Plus piezo stack actuators, offering superior performance to the well-known PICMA® family of high-energy piezo stack actuators, with a compact size and long lifetime. In MARCH 2025, HB-3: ULTRA-PRECISE ROBOT DRIVEN BY PIEZOELECTRIC ACTUATORS A team at Yokohama National University reveal an autonomous micro-robot containing piezo actuators that provide sub-millimeter precision when performing tasks in confined spaces and hazardous conditions.
T able o f Contents - Major Key Points
1. Introduction
2. Executive Summary
3. Research Methodology
4. Market Dynamics Impact Analysis
5. Statistical Insights and Trends Reporting
6. Competitive Landscape
7. Piezoelectric Actuators Market, by Type
8. Piezoelectric Actuators Market, by Material
9. Piezoelectric Actuators Market, by Application
10. Regional Analysis
11. Company Profiles
12. Use Cases and Best Practices
13. Conclusion
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