Micro Actuator Market

Transducers are those devices which helps to convert one form of energy to another form of energy. Actuator is a type of transducers which helps in producing mechanical movement through converting a source of energy. Here the source of energy may include electric current, pneumatic pressure or hydraulic fluid pressure. Whereas micro actuator helps to transmit a measure or fixed amount of energy for the operation of other mechanism. In other words it is mainly used to produce small forces in entities of small sizes and motions at over small distances.

Micro Actuator Market contains market size and forecasts of Micro Actuator in global, including the following market information:

• Global Micro Actuator Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global Micro Actuator Market Sales, 2017-2022, 2023-2028, (K Units)
• Global top five Micro Actuator companies in 2021 (%)

The global Micro Actuator market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Electric Micro Actuator Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Micro Actuator include IBM, ST Microelectronics, Agilent, Stmicroelectronics, NanoSniff Technologies and SAES Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Micro Actuator manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Micro Actuator Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Micro Actuator Market Segment Percentages, by Type, 2021 (%)

• Electric Micro Actuator
• Functional Material Based Micro Actuator
• Shape Memory Alloy (SMA) Micro Actuator
• Other

Global Micro Actuator Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Micro Actuator Market Segment Percentages, by Application, 2021 (%)

• Medical
• Automotive
• Aerospace & Defense
• Other

Global Micro Actuator Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Micro Actuator Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Micro Actuator revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Micro Actuator revenues share in global market, 2021 (%)
• Key companies Micro Actuator sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies Micro Actuator sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• IBM
• ST Microelectronics
• Agilent
• Stmicroelectronics
• NanoSniff Technologies
• SAES Group