Technology & Telecommunications

According to a market report by Lucintel, the future of the piezoceramic actuator market looks promising with opportunities in the industrial & manufacturing, automotive, consumer electronic, medical, and military markets. The global piezoceramic actuator market is expected to reach an estimated $2.7 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are growing demand for high performance piezoceramic actuators to be used in complex and demanding applications, such as industrial, medical, and military industries.



In this market, stack and stripe are the two types of piezoceramic actuator used by various end use industries. Lucintel forecasts that stack is expected to witness higher growth over the forecast period due to the escalating need for this actuator to generate a low stroke with a strong blocking force.



Within this market, industrial & manufacturing is expected to witness higher growth over the forecast period due to the significant commercial uses for piezoceramic actuators in various applications like viscosity metres and inkjet printer heads.



Asia Pacific is expected to witness higher growth over the forecast period due to the growing demand from automotive and medical industries and existence of market leaders and presence of huge costumer base in the region.

TDK Corporation, Murata Manufacturing, KEMET, CTS, and TAIYO YUDEN are the major suppliers in the global piezoceramic actuator market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global piezoceramic actuator market by product type, application, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Piezoceramic Actuator Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global piezoceramic actuator market by product type, application, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the piezoceramic actuator market by product type (stack actuators and stripe actuators), application (industrial & manufacturing, automotive, consumer electronics, medical, military, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?