Piezoelectric Motor Market

Piezoelectric Motor Market

Piezoelectric Motor Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2020 to 2030

  • XPLREP4572

  • May, 2020

  • 170 Pages

  • Industrial Automation

Healthcare Industry to Keep the Cash registers Ringing for Piezoelectric Motors Market

As per a report available on XploreMR, the global piezoelectric motors market is expected to substantiate in the years to come.

Cost-effectiveness and reliability – these are the two factors driving the piezoelectric motors market. These motors were looked upon as a technological marvel once upon a time. They entering into mainstream has certainly opened up new avenues for the manufacturing vertical. Piezoelectric motors stand out from their counterparts by working on piezoceramics’ solid-state piezo mechanical deformation effect.

The phone cameras are the major application area of piezoelectric motors. This could be attributed to growing demand for low-cost and high volume autofocus assemblies. Plus, there is a growing need for ultra-small scale motion devices along with the manufacturing inspection equipment in conjunction with budget-friendly ink printing cartridges. The healthcare industry is also looked upon as a greener pasture as the precision involved in piezoelectric motors helps in capturing the images of cross-sections of body parts better. The factors rendering precision include resolution, dynamics, vacuum compatibility, and reliability. The other advantages constitute high speed and elimination of need to reduce gear.

How about the other Verticals on the Radar?

Semiconductors and microelectronics, telecommunication, optics, photonics, biology, and metrology are the other verticals wherein piezoelectric motors have made inroads. The application areas include generation of shockwave, active damping, fiber tool alignment, vibration cancellation, manipulation of genes, alignment of machine tools, active damping, alignment of wafer mask, image stabilization.

Apart from camera phones, micro-surgery tools, HVAC control system, robots, nanometrology, optics, photonics, precision mechanics are the technological advancements are encompassing piezoelectric motors.

Moreover, till date, it was electromagnetic motors doing the rounds. Ultrasonic motors are replacing them in the current scenario. The basic advantage of ultrasonic motors over electromagnetic motors is that low rotational speed, high torque, high stall torque mark ratio.

The textile industry is also exploring the piezoelectric motors to have distinguished impact on the end-product. Braille reading devices are also going for piezoelectric motors.

Covid-19 Impact

The Covid-19 pandemic has stalled the manufacturing industry by and large. This has resulted in the piezoelectric motors taking a backseat. Though the scenario is expected to last only for the time being (say – end of 2020), the recovery won’t start at the speed it had pre-Covid-19 era. The market will certainly bounce back, more on the healthcare front, as it is the main area of focus as of now.

Regional Analysis

The global piezoelectric motors market constitutes North America (Canada, US), Eastern Europe (Russia and Poland), Western Europe (Luxembourg, The Netherlands, Belgium, Nordic countries, Italy, Spain, France, UK, Germany), Asia-Pacific (New Zealand, Australia, ASEAN, Japan, India, China), MEA (North Africa, Southern Africa, GCC), and Latin America (Chile, Peru, Brazil, Mexico, and others).

North America holds the maximum market share and the status quo is expected to remain unchanged going forward as well. This could be reasoned with the US and Canada being quick to adopt the technological upgradations (especially the healthcare sector). Europe will witness linear growth rate from 2021 as it will take time to come out of the topsy-turvy situation faced by the manufacturing sector. As far as Asia-Pacific is concerned, the situation could be a damp squib, as momentum is yet to build up. In other words, piezoelectric motors need to be accepted over here.

Competitive Landscape

The key players in the piezoelectric motors market include Seiko Instruments Inc., Samsung ElectroMechanics Co Ltd., Nanomotion Ltd, Heason Technology Ltd., Austriamicrosystems Inc., Advanced Cerametrics Inc., Ceratec Inc., Prior Scientific Ltd., Mad City Labs, Inc., and Morgan Electroceramics Ltd.

Piezoelectric Motor Market - Scope of the Report

XploreMR recently published a market study on the global market for piezoelectric motor. The study provides detailed assessment on the key market dynamics, including drivers, trends, opportunities, restraints, and detailed information about the piezoelectric motor market structure. The market study presents exclusive information about how the piezoelectric motor market will grow during the forecast period of 2020-2030.

Key indicators of market growth, which include Year-on-Year (Y-o-Y) growth of the market, value chain, supply chain analysis, and Compounded Annual Growth Rate (CAGR) are explained in XploreMR’s study in a comprehensive manner. This information can help readers understand the quantitative growth prospects of the piezoelectric motor market in the forecast period.

The study is relevant for stakeholders in the piezoelectric motor market, including manufacturers, suppliers, distributors, and investors, and can help them in developing appropriate strategies to grow in the market. Stakeholders in the piezoelectric motor market, investors, industry experts, researchers, and journalists, as well as business researchers can leverage the information and data presented in the XploreMR study.

The study also includes statistics as well as facts related to macro as well as microeconomic factors that are impacting developments in the piezoelectric motor market. It also offers actionable insights based on future trends in the piezoelectric motor market. Furthermore, small businesses and new entrants in the piezoelectric motor market can make use of the information presented in this study, based on which, they can make appropriate business decisions in order to gain momentum in the market.

Key Segments of the Piezoelectric Motor Market

XploreMR’s study on the piezoelectric motor market offers information divided into four important segments— product, end use industry, operating force/torque, and regional analysis. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.

Product

End Use Industry

Operating Force/Torque

Region

Standard LPM

Micro Positioning Stages

0-20 N

North America

Non-magnetic LPM

Medical & Lab Automation Equipment

20-150 N

Latin America

Vacuum LPM

Automotive, Aerospace & Defence

150 - 225 N

Europe

Standard RPM

Robotics & Factory Automation

Above 225 N

Japan

Non-magnetic RPM

Optics & Photonics

Below 10 mNm

APEJ

Vacuum RPM

Instrumentation

10 - 25 mNm

MEA

 

 

Above 225 mNm

 

 

 

 

 

LPM: Linear Piezoelectric Motor

RPM: Rotary Piezoelectric Motor

Key Questions Answered in the  XploreMR  Piezoelectric Motor Market Report

  • Which regions will continue to remain the most profitable regional markets for piezoelectric motor market players?
  • Which factors will induce a change in the demand for piezoelectric motor during the assessment period?
  • How will changing trends impact the piezoelectric motor market?
  • How can market players capture the low-hanging opportunities in the piezoelectric motor market in developed regions?
  • Which companies are leading the piezoelectric motor market?
  • What are the winning strategies of stakeholders in the piezoelectric motor market to upscale their position in this landscape?

Piezoelectric Motor Market: Research Methodology

In  XploreMR ’s study, a unique research methodology is utilized to conduct extensive research on the growth of the piezoelectric motor market, and reach conclusions on future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of conclusions.

Secondary resources referred to analysts during the production of the piezoelectric motor market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, who have contributed to the development of this report as a primary resource.

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Piezoelectric Motor Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2020 to 2030
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