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

Published on : May-2020 | List of Tables : 54 | List of Figures : 83 | No. of Pages : 170 | Report Code : FACT2438MR | Format :

Global Piezoelectric Motor Market Overview:

The global piezoelectric motor market is poised to embark on a modest growth trajectory, expanding at a CAGR of over 4% in the forecast period (2020-2030). This is attributed to the growing trend of miniaturization and greater focus on piezoelectric working principles. Miniaturization is a key trend across industry verticals, and is predominant with medical devices, automotive components, and consumer electronics. Miniaturization has necessitated the use of piezoelectric motors and the trend is likely to continue over the coming years.

However, the COVID-19 outbreak has disrupted the demand for piezoelectric motors in almost every sector, especially piezoelectric motors in cars & consumer electronics. This, in turn, is poised to create abeyance in the global piezoelectric motor market. Furthermore, sales of piezoelectric motors are expected to remain stagnant in the medical sector. Thus, in 2020, the medical & lab automation equipment segment is expected to contribute only one-fifth of the global revenue shares to reach a valuation of US$ 93 Mn by 2030 end.

piezoelectric motor market image 01

To get the latest COVID-19 impact insights on the piezoelectric motor market, ask an analyst here

Piezoelectric Motor Types Insights:

According to Fact.MR, in the product category, standard linear piezoelectric motors is leading in the market and is estimated to grow at a CAGR of 3.8% through the forecast period. Over the past decade, a large number of new devices and equipment designed for industrial as well as consumer ecosystems used piezoelectric motors. Piezoelectric motors have been used as a replacement to conventional electromagnetic motors, since the latter is exposed to mechanical failures.

Piezoelectric Motor Applications

Manufacturers are making the shift to piezoelectric motors in a wide range of applications requiring precision control. As alternatives to electromechanical motors for cameras and other miniature consumer applications, piezoelectric ultrasonic motors are becoming increasingly popular. Piezoelectric motor efficiency, longer battery life and quiet operations are some of the advantages that piezoelectric ultrasonic motors provide. The camera focus system and semiconductor testing requires precise mechanics, which results in better integration of piezoelectric motors.

Piezoelectric Motor Market: Regional Overview:

North America and Asia Pacific collectively account for about 60% of the global piezoelectric motors, and projected growth rates till 2030 are well over the global average. North America leads the demand for piezoelectric motors. This is fueled by the integration of advanced components by device makers to boost piezoelectric motor efficiency. Surgical equipment, diagnostic and imaging medical devices, analytical and scientific instruments, pick and place assemblies in industrial works spaces etc., are some of the rapidly growing application areas for piezoelectric motors in North America.

Asian markets for piezoelectric motors can largely be segregated into two clusters in terms of demand. Countries like Japan, South Korea, China and Taiwan are early adopters of these motors, whereas India, Thailand and Indonesia are at embryonic stages of market development. Piezoelectric motor manufacturers are strengthening regional footprints by engaging with local component suppliers.

Piezoelectric Motor Market Manufacturers’ Primary Strategies

As a global strategy, leading piezoelectric motor manufacturers are working in tandem with device manufacturers, so that application areas of piezoelectric motors can be widened. PI (Physik Instrumente), PiezoMotor Uppsala, Nanomotion Ltd., and SmarAct are some of the renowned players in the piezoelectric motor market. The top ten companies in the global piezoelectric motor market are estimated to account for over half of the global piezoelectric motor supply worldwide. Increase in preference for piezoelectric motors in new industry verticals and heightened demand is poised to attract brownfield as well as Greenfield investments in the mid-term forecast period.

piezoelectric motor market image 02

To get an exhaustive competition analysis on the piezoelectric motor market, request for a report sample here

COVID-19 Impact Insights

The piezoelectric motor market is severely affected by the COVID-19 outbreak. Globally, manufacturing units have come to a halt due to the lockdown. Supply chain disruptions are multiplying in the wake of sharply declining global demand. The automotive, aerospace and defense sectors contribute around 15% of global revenues to the piezoelectric motor market and are significantly affected by the COVID-19 pandemic. It is estimated to have a negative impact on the market by the end of 2020. Moreover, demand for the piezoelectric motors in the medical sector will marginally decline in 2020. In addition, a resumption of industrial activity and mass production of consumer electronics over the forecast period would result in a significant uptick in demand for piezoelectric motors.   

Analyst Viewpoint

During the forecast period, the piezoelectric motor market is geared to expand positively. However, sales are foreseen to witness a decline in 2020 due to the effects of the COVID-19, but the prospects of resumption of manufacturing operations continues to boost the piezoelectric motor market”

Global Piezoelectric Motor Market: Scope of the Report:

The recent global piezoelectric motor market report by Fact.MR offers a 10-year forecast from 2020 to 2030. The report elaborates on the key drivers, restraints, opportunities and threats to the expansion of the global piezoelectric motor market. A detailed segmental analysis, based on type, end use industry, and operating force has been provided in the report.

Regional analysis in terms of supply chain analysis, business execution and market value analysis provides an in-depth perspective about the future scope of the global piezoelectric motor market. In addition, a separate section on market structure has also been provided. The section provides a detailed analysis of key market players and the strategies for expansion in the piezoelectric motor market.

Piezoelectric Motor Market - Scope of the Report

Fact.MR 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 Fact.MR’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 Fact.MR 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

Fact.MR’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 Fact.MR 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 Fact.Mr’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.

1. Global Piezoelectric Motor Market - Executive Summary

    1.1. Global Market Overview

    1.2. Fact.MR Analysis

2. Global Piezoelectric Motor Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Introduction and Definition

3. Global Piezoelectric Motor Market- COVID-19 Impact 

    3.1. Risk Assessment

        3.1.1. COVID-19 Crisis and Impact on Piezoelectric Motor Production, Demand and Prices

        3.1.2. COVID-19 Impact Benchmark with Previous Crisis 

            3.1.2.1. Change in Piezoelectric Motor Demand Growth

            3.1.2.2. Before and After COVID-19 Crisis (Projected)

        3.1.3. Impact on Market Value (US$ Mn)

            3.1.3.1. Likely Loss of Value in 2020

            3.1.3.2. Mid-term and Long Term Forecast

            3.1.3.3. Quarter by Quarter Dip and Recovery Assessment

        3.1.4. Anticipated Demand and Value Recovery Curve

            3.1.4.1. Likelihood of U-Shape Recovery

            3.1.4.2. Likelihood of L-Shape Recovery

        3.1.5. Recovery Period Assessment by Key Countries

        3.1.6. Recovery Assessment by Key Market Segments

    3.2. Action Points and Recommendation for Suppliers 

4. Market Background

    4.1. Piezoelectric Motor Usage in Different End Use Industries- Snapshot

    4.2. Penetration of Piezoelectric Motor in the Global Micro Motors Market

    4.3. Global Robotics & Factory Automation Outlook

        4.3.1.  Global Sales of Robots

        4.3.2.  Robots Market in different sectors & use of piezoelectric motors 

        4.3.3.  Global Spending’s in Automation Process

        4.3.4.  Adoption of piezoelectric motors in 3-D Printing Technology 

    4.4. Global Aerospace and Defense Sector Outlook

    4.5. Global Optics and Photonics Industry Outlook 

    4.6. Global Medical Device Market & Piezoelectric Motor Application  

    4.7. Supply Chain Analysis

    4.8. PESTLE Analysis 

    4.9. Porter’s Five Forces 

    4.10. Forecast Factors: Relevance and Impact

    4.11. Market Dynamics

        4.11.1. Drivers

        4.11.2. Restraints

        4.11.3. Opportunity Analysis

5. Global Piezoelectric Motor Market Demand Analysis 2015-2019 and Forecast, 2020-2030

    5.1. Historical Market Volume (Units) Analysis, 2015-2019

    5.2. Current and Future Market Volume (Units) Projections, 2020-2030

    5.3. Y-o-Y Growth Trend Analysis

6. Global Piezoelectric Motor Market – Price Point Analysis

    6.1. Price Point Assessment by Region and Product Type

    6.2. Price Forecast till 2030

7. Global Piezoelectric Motor Market Demand (US$ Mn) Analysis 2015-2019 and Forecast, 2020-2030  

    7.1. Historical Market Value (US$ Mn) Analysis, 2015-2019

    7.2. Current and Future Market Value (US$ Mn) Projections, 2020-2030  

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Global Piezoelectric Motor Market Analysis 2015-2019 and Forecast 2020-2030, by Product Type

    8.1. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Product Type, 2015 - 2019

    8.2. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast By Product Type, 2020 - 2030 

        8.2.1.  Standard LPM 

        8.2.2.  Non-Magnetic LPM

        8.2.3.  Vacuum LPM

        8.2.4.  Standard RPM

        8.2.5.  Nonmagnetic RPM

        8.2.6.  Vacuum RPM 

    8.3.   Market Attractiveness Analysis By Product Type

9. Global Piezoelectric Motor Market Analysis 2015-2019 and Forecast 2020-2030 , by End-Use Industry

    9.1. Historical Market Size (US$ Mn) and Volume (Units) Analysis By End-Use Sector, 2015 - 2019

    9.2. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast By End-Use Industry, 2020 - 2030 

        9.2.1.  Micro positioning stages

        9.2.2.  Medical and Lab Automation Equipment

        9.2.3.  Automotive, Aerospace and Defense

        9.2.4.  Robotics and Factory Automation

        9.2.5.  Optics and Photonics 

        9.2.6.  Instrumentation

    9.3. Market Attractiveness Analysis By End-Use Industry

10. Global Piezoelectric Motor Market Analysis 2015-2019 and Forecast 2020-2030, by Operating Force/ Torque 

    10.1. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Operating Force/ Torque , 2015 - 2019

    10.2. Current Market Size (US$ Mn) and Volume (Units) Analysis and Forecast By Operating Force/ Torque , 2020 - 2030 

        10.2.1.  0-20 N (LPM)

        10.2.2.  20 - 150 N (LPM)

        10.2.3.  150 - 225 N (LPM)

        10.2.4.  Above 225 N (LPM)

        10.2.5.  Below 10 mNm (RPM)

        10.2.6.  10 -25 mNm (RPM)

        10.2.7.  Above 25 mNm (RPM) 

    10.3. Market Attractiveness Analysis By Operating Force/ Torque  

11. Global Piezoelectric Motor Market Analysis 2015-2019 and Forecast 2020-2030  , by Region

    11.1. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2015 - 2019

    11.2. Current Market Size (US$ Mn) and Volume (Units) Analysis and Forecast By Region, 2020 - 2030 

        11.2.1.  North America

        11.2.2.  Latin America

        11.2.3.  Europe

        11.2.4.  Japan

        11.2.5.  APEJ

        11.2.6.  MEA 

    11.3. Market Attractiveness Analysis By Region

12.  North America Piezoelectric Motor Market Analysis 2015-2019 and Forecast 2020-2030 

        12.1.1. Introduction

        12.1.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015 -2019

        12.1.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2020 - 2030 

            12.1.3.1.  By Country

                12.1.3.1.1. U.S.

                12.1.3.1.2. Canada

            12.1.3.2.  By Product Type

            12.1.3.3.  By End-Use Industry

            12.1.3.4.  By Operating Force/ Torque 

        12.1.4. Market Attractiveness Analysis

            12.1.4.1.  By Product Type

            12.1.4.2.  By End-Use Industry

            12.1.4.3.  By Operating Force/ Torque 

13. Latin America Piezoelectric Motor Market Analysis 2015-2019 and Forecast 2020-2030 

        13.1.1. Introduction

        13.1.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015 - 2019

        13.1.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2020 - 2030 

            13.1.3.1. By Country

                13.1.3.1.1. Brazil

                13.1.3.1.2. Mexico

                13.1.3.1.3. Argentina

                13.1.3.1.4. Rest of Latin America

            13.1.3.2.  By Product Type

            13.1.3.3.  By End-Use Industry

            13.1.3.4.  By Operating Force/ Torque 

        13.1.4. Market Attractiveness Analysis

            13.1.4.1.  By Product Type

            13.1.4.2.  By End-Use Industry

            13.1.4.3.  By Operating Force/ Torque 

14. Europe Piezoelectric Motor Market Analysis 2015-2019 and Forecast 2020-2030 

        14.1.1. Introduction

        14.1.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015 - 2019

        14.1.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2020 - 2030 

            14.1.3.1. By Country

                14.1.3.1.1. EU-4

                14.1.3.1.2. UK

                14.1.3.1.3. BENELUX

                14.1.3.1.4. NORDIC

                14.1.3.1.5. Eastern Europe

                14.1.3.1.6. Rest of Europe

            14.1.3.2.  By Product Type

            14.1.3.3.  By End-Use Industry

            14.1.3.4.  By Operating Force/ Torque 

        14.1.4. Market Attractiveness Analysis

            14.1.4.1.  By Product Type

            14.1.4.2.  By End-Use Industry

            14.1.4.3.  By Operating Force/ Torque 

15. Japan Piezoelectric Motor Market Analysis 2015-2019 and Forecast 2020-2030 

        15.1.1. Introduction

        15.1.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015 - 2019

        15.1.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2020 - 2030 

            15.1.3.1.  By Product Type

            15.1.3.2.  By End-Use Industry

            15.1.3.3.  By Operating Force/ Torque 

        15.1.4. Market Attractiveness Analysis

            15.1.4.1.  By Product Type

            15.1.4.2.  By End-Use Industry

            15.1.4.3.  By Operating Force/ Torque 

16. APEJ Piezoelectric Motor Market Analysis 2015-2019 and Forecast 2020-2030 

        16.1.1. Introduction

        16.1.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015 - 2019

        16.1.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2020 - 2030 

            16.1.3.1.  By Country

                16.1.3.1.1. China

                16.1.3.1.2. India

                16.1.3.1.3. ASEAN

                16.1.3.1.4. South Korea

                16.1.3.1.5. Rest of APEJ

            16.1.3.2.  By Product Type

            16.1.3.3.  By End-Use Industry

            16.1.3.4.  By Operating Force/ Torque 

        16.1.4. Market Attractiveness Analysis

            16.1.4.1.  By Product Type

            16.1.4.2.  By End-Use Industry

            16.1.4.3.  By Operating Force/ Torque 

17. MEA Piezoelectric Motor Market Analysis 2015-2019 and Forecast 2020-2030 

        17.1.1. Introduction

        17.1.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015 - 2019

        17.1.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2020 - 2030 

            17.1.3.1.  By Country

                17.1.3.1.1. GCC Countries

                17.1.3.1.2. Turkey

                17.1.3.1.3. South Africa

                17.1.3.1.4. Rest of MEA

            17.1.3.2.  By Product Type

            17.1.3.3.  By End-Use Industry

            17.1.3.4.  By Operating Force/ Torque 

        17.1.4. Market Attractiveness Analysis

            17.1.4.1.  By Product Type

            17.1.4.2.  By End-Use Industry

            17.1.4.3.  By Operating Force/ Torque 

18. Company Profiles

    18.1. Dr. Fritz Faulhaber GmbH & Co. KG

        18.1.1. Company Overview

        18.1.2. Key Developments

    18.2. Attocube Systems AG

        18.2.1. Company Overview

        18.2.2. Key Developments

    18.3. Physik Instrumente (PI) GmbH & Co. KG

        18.3.1. Company Overview

        18.3.2. Key Developments

    18.4. Nanomotion Inc.

        18.4.1. Company Overview

        18.4.2. Key Developments

    18.5. PiezoMotor Uppsala AB

        18.5.1. Company Overview

        18.5.2. Key Developments

    18.6. SmarAct GmbH

        18.6.1. Company Overview

        18.6.2. Key Developments

    18.7. Portescap

        18.7.1. Company Overview

        18.7.2. Key Developments

    18.8. Adamant Namiki Precision Jewel Co., Ltd

        18.8.1. Company Overview

        18.8.2. Key Developments

    18.9. New Scale Technologies Inc.

        18.9.1. Company Overview

        18.9.2. Key Developments

    18.10. Piezo Electric Technology Co., Ltd.

        18.10.1. Company Overview

        18.10.2. Key Developments

19. Research Methodology

Fact.MR offers custom research services that help clients to get specific research solutions

We are committed towards customer satisfaction and quality service.


Our Clients

Malaysian Cocoa Board
Dunlop International Europe Ltd
Roland Berger
Superior Essex
Commscope
Deloitte

Fact.MR in Media

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