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Europe Piezoelectric Actuators and Motors Market

2021

Europe Piezoelectric Actuators and Motors Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Piezo Motors and Piezo Actuators) and Application (Automotive, Industrial and Manufacturing, Medical, Aerospace, Consumer Electronics, and Others)

Publication Month: Oct 2021 | Report Code: TIPRE00025355 | No. of Pages: 128 | Category: Electronics and Semiconductor | Status: Published

Market Insights

Europe Piezoelectric Actuators and Motors Market to Grow at a CAGR of 7.1% to reach US$ 6,349.37 million Million from 2021 to 2028

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The piezoelectric actuators and motors market in Europe is expected to grow from US$ 3,933.71 million in 2021 to US$ 6,349.37 million by 2028; it is estimated to grow at a CAGR of 7.1% from 2021 to 2028.


France, Germany, Italy, UK, and Russia are major economies in Europe. Piezoelectric actuators linking with haptic technology is the major factor driving the growth of the Europe piezoelectric actuators and motors market. With the integration of piezoelectric actuators with haptic technology the applications of piezo actuators have been increased in various electronics and semiconductors devices. Haptic technology involves enabling an electronic device to stimulate the human sense of touch by allowing humans to feel motion, vibration, or movement. At present, there are three mainstream technologies in haptic – eccentric rotating mass (ERM), motor, linear resonant actuator (LRA), and piezoelectric. Among the mentioned technologies, piezoelectric technology holds the edge over the rest, owing to its mechanical advantages such as faster response time, greater acceleration, and smaller size. In addition, piezo actuators are more power efficient and provides haptic solutions with less power consumption compared to ERM and LRA technology. Which means that piezoelectric is the most efficient technology for high-definition haptic solutions and offers lucrative opportunity to for the market to grow. Hence, the aforementioned factors are expected to boost the demand for piezoelectric actuators and motors market during the forecast period.

In Europe, due to the COVID-19 pandemic, several countries witness an economic hit and the decline in business activities across the manufacturing industries due to lowering demand for automotive, consumer electronics goods, and many other products related to manufacturing industries in the first quarter of 2020. Many of the European Union member states have implemented drastic measures on imports and exports, and shipment of goods by partially closing their borders. These measures declined the demand for manufacturing products of various industries, which, in turn, hindered the growth of the piezoelectric actuators and motors market in Europe. The impact of COVID-19 pandemic varied from country to country across Europe as selected countries such as Italy, France, and Russia witnessed a surge in the number of COVID-19 confirmed cases and subsequently imposed stringent and extended lockdown period. However, disrupted supply chains in several European countries and fall in demand have been limiting the performance of the manufacturing sector, including the automotive manufacturing businesses. However, the effect of this slowdown on manufacturing industries has started to recover from 2021 as several countries of the region are slowly resuming their economies and businesses are regaining toward normalcy.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe piezoelectric actuators and motors market. The Europe piezoelectric actuators and motors market is expected to grow at a good CAGR during the forecast period.

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Europe Piezoelectric Actuators and Motors Market Segmentation

Europe Piezoelectric Actuators and Motors Market – By Product

  • Piezo Motors
  • Piezo Actuators

Europe Piezoelectric Actuators and Motors Market – By Application

  • Automotive
  • Industrial and Manufacturing
  • Medical
  • Aerospace
  • Consumer Electronics
  • Others

Europe Piezoelectric Actuators and Motors Market, by Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Piezoelectric Actuators and Motors Market - Companies Mentioned

  • APC International, Ltd.
  • CEDRAT TECHNOLOGIES
  • FAULHABER Group
  • Johnson Electric Holdings Limited
  • Microfine Materials Technologies Pte Ltd
  • Physik Instrumente (PI) GmbH & Co. KG.
  • PiezoMotor Uppsala AB
  • piezosystem jena GmbH
  • TDK Corporation

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Piezoelectric Actuators and Motors Market Landscape

4.1 Market Overview

4.2 Europe PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Europe Piezoelectric Actuators and Motors Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Surging Usage of Piezoelectric Technology in Medical Devices

5.1.2 Piezoelectric Actuators and Motors Getting More Adaptable in Automotive Industry

5.2 Market Restraints

5.2.1 Various Substitutes of Actuators and Motors

5.3 Market Opportunities

5.3.1 Piezoelectric Actuators Linking with Haptic Technology

5.4 Future trends

5.4.1 Compact Consumer Electronic Products Getting Popular

5.5 Impact Analysis of Drivers and Restraints

6. Piezoelectric Actuators and Motors – Europe Market Analysis

6.1 Europe Piezoelectric Actuators and Motors Market Overview

6.2 Europe Piezoelectric Actuators and Motors Market Revenue Forecast and Analysis

7. Europe Piezoelectric Actuators and Motors Market Analysis – By Product

7.1 Overview

7.2 Piezo Motors

7.2.1 Overview

7.2.2 Europe Piezo Motors Market Revenue and Forecasts to 2028 (US$ Million)

7.2.3 Piezo Linear Motors

7.2.3.1 Overview

7.2.3.2 Europe Piezo Linear Motors Market Revenue and Forecasts to 2028 (US$ Million)

7.2.4 Piezo Rotary Motors

7.2.4.1 Overview

7.2.4.2 Europe Piezo Rotary Motors Market Revenue and Forecasts to 2028 (US$ Million)

7.3 Piezo Actuators

7.3.1 Overview

7.3.2 Europe Piezo Actuators Market Revenue and Forecasts to 2028 (US$ Million)

7.3.3 Piezo Stack Actuators

7.3.3.1 Overview

7.3.3.2 Europe Piezo Stack Actuators Market Revenue and Forecasts to 2028 (US$ Million)

7.3.4 Piezo Strip Actuators

7.3.4.1 Overview

7.3.4.2 Europe Piezo Strip Actuators Market Revenue and Forecasts to 2028 (US$ Million)

7.3.5 Others

7.3.5.1 Overview

7.3.5.2 Europe Others Market Revenue and Forecasts to 2028 (US$ Million)

8. Europe Piezoelectric Actuators and Motors Market Analysis – By Application

8.1 Overview

8.2 Automotive

8.2.1 Overview

8.2.2 Europe Automotive Market Revenue and Forecasts to 2028 (US$ Million)

8.3 Industrial and Manufacturing

8.3.1 Overview

8.3.2 Europe Industrial and Manufacturing Market Revenue and Forecasts to 2028 (US$ Million)

8.4 Consumer Electronics

8.4.1 Overview

8.4.2 Europe Consumer Electronics Market Revenue and Forecasts to 2028 (US$ Million)

8.5 Medical

8.5.1 Overview

8.5.2 Europe Medical Market Revenue and Forecasts to 2028 (US$ Million)

8.6 Aerospace

8.6.1 Overview

8.6.2 Europe Aerospace Market Revenue and Forecasts to 2028 (US$ Million)

8.7 Others

8.7.1 Overview

8.7.2 Europe Others Market Revenue and Forecasts to 2028 (US$ Million)

9. Europe Piezoelectric Actuators and Motors Market –Country Analysis

9.1 Overview

9.1.1 Europe: Piezoelectric Actuators and Motors Market, By Country

9.1.1.1 Germany: Piezoelectric Actuators and Motors Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1 Germany: Piezoelectric Actuators and Motors Market, By Product

9.1.1.1.1.1 Germany: Piezoelectric Motors Market, By Type

9.1.1.1.1.2 Germany: Piezoelectric Actuators Market, By Type

9.1.1.1.2 Germany: Piezoelectric Actuators and Motors Market, By Application

9.1.1.2 France: Piezoelectric Actuators and Motors Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1 France: Piezoelectric Actuators and Motors Market, By Product

9.1.1.2.1.1 France: Piezoelectric Motors Market, By Type

9.1.1.2.1.2 France: Piezoelectric Actuators Market, By Type

9.1.1.2.2 France: Piezoelectric Actuators and Motors Market, By Application

9.1.1.3 Italy: Piezoelectric Actuators and Motors Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1 Italy: Piezoelectric Actuators and Motors Market, By Product

9.1.1.3.1.1 Italy: Piezoelectric Motors Market, By Type

9.1.1.3.1.2 Italy: Piezoelectric Actuators Market, By Type

9.1.1.3.2 Italy: Piezoelectric Actuators and Motors Market, By Application

9.1.1.4 UK: Piezoelectric Actuators and Motors Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1 UK: Piezoelectric Actuators and Motors Market, By Product

9.1.1.4.1.1 UK: Piezoelectric Motors Market, By Type

9.1.1.4.1.2 UK: Piezoelectric Actuators Market, By Type

9.1.1.4.2 UK: Piezoelectric Actuators and Motors Market, By Application

9.1.1.5 Russia: Piezoelectric Actuators and Motors Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1 Russia: Piezoelectric Actuators and Motors Market, By Product

9.1.1.5.1.1 Russia: Piezoelectric Motors Market, By Type

9.1.1.5.1.2 Russia: Piezoelectric Actuators Market, By Type

9.1.1.5.2 Russia: Piezoelectric Actuators and Motors Market, By Application

9.1.1.6 Rest of Europe: Piezoelectric Actuators and Motors Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1 Rest of Europe: Piezoelectric Actuators and Motors Market, By Product

9.1.1.6.1.1 Rest of Europe: Piezoelectric Motors Market, By Type

9.1.1.6.1.2 Rest of Europe: Piezoelectric Actuators Market, By Type

9.1.1.6.2 Rest of Europe: Piezoelectric Actuators and Motors Market, By Application

10. Europe Piezoelectric Actuators and Motors Market - Covid-19 Impact Analysis

10.1 Europe: Impact Assessment of Covid-19 Pandemic

11. Industry Landscape

11.1 Market Initiative

11.2 Merger and Acquisition

11.3 New Development

12. Company Profiles

12.1 APC International, Ltd.

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 CEDRAT TECHNOLOGIES

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 FAULHABER Group

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Johnson Electric Holdings Limited

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Microfine Materials Technologies Pte Ltd

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

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

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 PiezoMotor Uppsala AB

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 TDK Corporation

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 piezosystem jena GmbH

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. Europe Piezoelectric Actuators and Motors Market Revenue and Forecast to 2028 (US$ Million)

Table 2. Europe Piezoelectric Actuators and Motors Market, By Country – Revenue and Forecast to 2028 (US$ Million)

Table 3. Germany Piezoelectric Actuators and Motors Market, By Product– Revenue and Forecast to 2028 (US$ Million)

Table 4. Germany Piezoelectric Motors Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 5. Germany Piezoelectric Actuators Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 6. Germany Piezoelectric Actuators and Motors Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 7. France Piezoelectric Actuators and Motors Market, By Product– Revenue and Forecast to 2028 (US$ Million)

Table 8. France Piezoelectric Motors Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 9. France Piezoelectric Actuators Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 10. France Piezoelectric Actuators and Motors Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. Italy Piezoelectric Actuators and Motors Market, By Product– Revenue and Forecast to 2028 (US$ Million)

Table 12. Italy Piezoelectric Motors Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 13. Italy Piezoelectric Actuators Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 14. Italy Piezoelectric Actuators and Motors Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 15. UK Piezoelectric Actuators and Motors Market, By Product– Revenue and Forecast to 2028 (US$ Million)

Table 16. UK Piezoelectric Motors Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 17. UK Piezoelectric Actuators Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 18. UK Piezoelectric Actuators and Motors Market, By Application– Revenue and Forecast to 2028 (US$ Million)

Table 19. Russia Piezoelectric Actuators and Motors Market, By Product– Revenue and Forecast to 2028 (US$ Million)

Table 20. RUSSIA Piezoelectric Motors Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 21. RUSSIA Piezoelectric Actuators Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 22. Russia Piezoelectric Actuators and Motors Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 23. Rest of Europe Piezoelectric Actuators and Motors Market, By Product– Revenue and Forecast to 2028 (US$ Million)

Table 24. REST OF EUROPE Piezoelectric Motors Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 25. REST OF EUROPE Piezoelectric Actuators Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 26. Rest of Europe Piezoelectric Actuators and Motors Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 27. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe Piezoelectric Actuators and Motors Market Segmentation

Figure 2. Europe Piezoelectric Actuators and Motors Market Segmentation – By Country

Figure 3. Europe Piezoelectric Actuators and Motors Market Overview

Figure 4. Europe Piezoelectric Actuators and Motors Market, by Product

Figure 5. Europe Piezoelectric Actuators and Motors Market, by Application

Figure 6. Europe Piezoelectric Actuators and Motors Market, by Country

Figure 7. Europe PEST Analysis

Figure 8. Europe Piezoelectric Actuators and Motors Market- Ecosystem Analysis

Figure 9. Europe Piezoelectric Actuators and Motors Market Impact Analysis of Drivers and Restraints

Figure 10. Europe Piezoelectric Actuators and Motors Market Revenue Forecast and Analysis (US$ Million)

Figure 11. Europe Piezoelectric Actuators and Motors Market Breakdown by Type, 2020 & 2028 (%)

Figure 12. Europe Piezo Motors Market Revenue and Forecasts to 2028 (US$ Million)

Figure 13. Europe Piezo Linear Motors Market Revenue and Forecasts to 2028 (US$ Million)

Figure 14. Europe Piezo Rotary Motors Market Revenue and Forecasts to 2028 (US$ Million)

Figure 15. Europe Piezo Actuators Market Revenue and Forecasts to 2028 (US$ Million)

Figure 16. Europe Piezo Stack Actuators Market Revenue and Forecasts to 2028 (US$ Million)

Figure 17. Europe Piezo Strip Actuators Market Revenue and Forecasts to 2028 (US$ Million)

Figure 18. Europe others Market Revenue and Forecasts to 2028 (US$ Million)

Figure 19. Europe Piezoelectric Actuators and Motors Market Breakdown by Application, 2020 & 2028 (%)

Figure 20. Europe Automotive Market Revenue and Forecasts to 2028 (US$ Million)

Figure 21. Europe Industrial and Manufacturing Market Revenue and Forecasts to 2028 (US$ Million)

Figure 22. Europe Consumer Electronics Market Revenue and Forecasts to 2028 (US$ Million)

Figure 23. Europe Medical Market Revenue and Forecasts to 2028 (US$ Million)

Figure 24. Europe Aerospace Market Revenue and Forecasts to 2028 (US$ Million)

Figure 25. Europe others Market Revenue and Forecasts to 2028 (US$ Million)

Figure 26. Europe: Piezoelectric Actuators and Motors Market, by Key Country – Revenue (2020) (US$ Million)

Figure 27. Europe: Piezoelectric Actuators and Motors Market Revenue Share, By Country (2020 and 2028)

Figure 28. Germany: Piezoelectric Actuators and Motors Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. France: Piezoelectric Actuators and Motors Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Italy: Piezoelectric Actuators and Motors Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. UK: Piezoelectric Actuators and Motors Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Russia: Piezoelectric Actuators and Motors Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. Rest of Europe: Piezoelectric Actuators and Motors Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Impact of Covid-19 Pandemic in Europe Country Markets

  1. APC International, Ltd.
  2. CEDRAT TECHNOLOGIES
  3. FAULHABER Group
  4. Johnson Electric Holdings Limited
  5. Microfine Materials Technologies Pte Ltd
  6. Physik Instrumente (PI) GmbH & Co. KG.
  7. PiezoMotor Uppsala AB
  8. piezosystem jena GmbH
  9. TDK Corporation
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe piezoelectric actuators and motors market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe piezoelectric actuators and motors market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the piezoelectric actuators and motors market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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