Piezoelectric Actuators Market

The global Piezoelectric Actuators market was valued at 426.58 Million USD in 2021 and will grow with a CAGR of 7.73% from 2021 to 2027, based on newly published report.

The prime objective of Piezoelectric Actuators Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Piezoelectric Actuators Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

Murata Manufacturing

APC International (Schneider Electric)

Physik Instrumente (PI) Group

TDK Corporation

Viking AT

Piezosystem Jena

TOKIN Corporation

Thorlabs

Noliac (CTS)

DSM

Kinetic Ceramics

By Types:

Stack Actuators

Stripe Actuators

By Applications:

Industrial and Manufacturing

Automotive

Consumer Electronics

Medical

Military

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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