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Middle East and Africa Piezoelectric Actuators and Motors Market

2021

Middle East and Africa 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: TIPRE00025358 | No. of Pages: 116 | Category: Electronics and Semiconductor | Status: Published

Market Insights

Middle East and Africa Piezoelectric Actuators and Motors Market to Grow at a CAGR of 6.6% to reach US$ 692.13 million Million from 2021 to 2028

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The piezoelectric actuators and motors market in MEA is expected to grow from US$ 442.98 million in 2021 to US$ 692.13 million by 2028; it is estimated to grow at a CAGR of 6.6% from 2021 to 2028.


Saudi Arabia, South Africa, and UAE are major economies in MEA. Compact consumer electronics are on rise is the major factor driving the growth of the MEA piezoelectric actuators and motors market. In modern times, consumers are inclining toward lightweight and high-performing electronic devices, with a reduced size. Piezoelectric actuators are playing a significant role to meet the evolving needs of consumers and setting future trends in various industries. For example, consumer electronic goods is one of the fastest-growing industries, and it is evolving every day with the introduction of some new features and technology in devices such as smartphones, tablets, and laptops. These electronic devices are getting thinner and more lightweight with smaller components as technology is evolving. Piezoelectric actuators are being widely used in electronic products to reduce the size and weight of these devices. The same trend can also be seen in the medical device sector, owing to the rising focus on minimal size of piezoelectric actuators, along with other benefits such as less power consumption, less heat dissipation, low cost, fast response, and high actuating precision in medical devices such as hearing aids are proliferating the application of piezoelectric actuators in medial field. Hence, lightweight and compact size electronic goods are trending, and piezoelectric actuators are expected to contribute significantly to meet consumer demand.

The impact of COVID-19 pandemic varied from country to country across MEA as a few countries such as the UAE, Saudi Arabia, Qatar, and Kuwait witnessed a surge in the number of COVID-19 confirmed cases and subsequently imposed stringent and extended lockdown period. Hence, the major countries in the MEA faced slowdown in its economy. The region is projected to register a swift decline in its manufacturing industries, and this will have a negative impact on the piezoelectric actuators and motors market in the MEA. Also, the COVID-19 pandemic has severely disrupted the supply chain of several manufacturing industries, including piezoelectric actuators and motors. However, the countries are overcoming the swift drop in demand, as the manufacturing industries are resuming their operational activities and demand from automotive and electronics & semiconductor sectors has started to recover. Hence, this recovery is expected to increase the application of piezoelectric actuators and motors in the region and would proliferate the market growth in the coming years.

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 MEA piezoelectric actuators and motors market. The MEA piezoelectric actuators and motors market is expected to grow at a good CAGR during the forecast period.

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MEA Piezoelectric Actuators and Motors Market Segmentation

MEA Piezoelectric Actuators and Motors Market – By Product

  • Piezo Motors
  • Piezo Actuators

MEA Piezoelectric Actuators and Motors Market – By Application

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

MEA Piezoelectric Actuators and Motors Market, by Country

  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of MEA

MEA Piezoelectric Actuators and Motors Market - Companies Mentioned

  • APC International, Ltd.
  • 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. MEA Piezoelectric Actuators and Motors Market Landscape

4.1 Market Overview

4.2 MEA PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

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

5.1 Market Drivers

5.1.1 Piezoelectric Technology Increasingly Being Used in Medical Devices

5.1.2 Rising Acceptance of Piezoelectric Actuators and Motors in Automotive Sector

5.2 Market Restraints

5.2.1 Presence of Various Different Actuators and Motors

5.3 Market Opportunities

5.3.1 Haptic Technology Getting Integrated with Piezoelectric Actuators

5.4 Future trends

5.4.1 Compact Consumer Electronics are on Rise

5.5 Impact Analysis of Drivers and Restraints

6. Piezoelectric Actuators and Motors – MEA Market Analysis

6.1 MEA Piezoelectric Actuators and Motors Market Overview

6.2 MEA Piezoelectric Actuators and Motors Market Revenue Forecast and Analysis

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

7.1 Overview

7.2 Piezo Motors

7.2.1 Overview

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

7.3 Piezo Actuators

7.3.1 Overview

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

7.3.5 Others

7.3.5.1 Overview

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

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

8.1 Overview

8.2 Automotive

8.2.1 Overview

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

8.3 Industrial and Manufacturing

8.3.1 Overview

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

8.4 Consumer Electronics

8.4.1 Overview

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

8.5 Medical

8.5.1 Overview

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

8.6 Aerospace

8.6.1 Overview

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

8.7 Others

8.7.1 Overview

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

9. MEA Piezoelectric Actuators and Motors Market –Country Analysis

9.1 Overview

9.1.1 MEA: Piezoelectric Actuators and Motors Market, By Country

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

9.1.1.1.1 South Africa: Piezoelectric Actuators and Motors Market, By Product

9.1.1.1.1.1 South Africa: Piezoelectric Motors Market, By Type

9.1.1.1.1.2 South Africa: Piezoelectric Actuators Market, By Type

9.1.1.1.2 South Africa: Piezoelectric Actuators and Motors Market, By Application

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

9.1.1.2.1 Saudi Arabia: Piezoelectric Actuators and Motors Market, By Product

9.1.1.2.1.1 Saudi Arabia: Piezoelectric Motors Market, By Type

9.1.1.2.1.2 Saudi Arabia: Piezoelectric Actuators Market, By Type

9.1.1.2.2 Saudi Arabia: Piezoelectric Actuators and Motors Market, By Application

9.1.1.3 U.A.E: Piezoelectric Actuators and Motors Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1 U.A.E: Piezoelectric Actuators and Motors Market, By Product

9.1.1.3.1.1 UAE: Piezoelectric Motors Market, By Type

9.1.1.3.1.2 UAE: Piezoelectric Actuators Market, By Type

9.1.1.3.2 U.A.E: Piezoelectric Actuators and Motors Market, By Application

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

9.1.1.4.1 Rest of MEA: Piezoelectric Actuators and Motors Market, By Product

9.1.1.4.1.1 Rest of MEA: Piezoelectric Motors Market, By Type

9.1.1.4.1.2 Rest of MEA: Piezoelectric Actuators Market, By Type

9.1.1.4.2 Rest of MEA: Piezoelectric Actuators and Motors Market, By Application

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

10.1 MEA: 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 FAULHABER Group

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 Johnson Electric Holdings Limited

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 Microfine Materials Technologies Pte Ltd

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 Physik Instrumente (PI) GmbH & Co. KG.

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 PiezoMotor Uppsala AB

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 TDK Corporation

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 piezosystem jena GmbH

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

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 19. List of Abbreviation

LIST OF FIGURES

Figure 1. MEA Piezoelectric Actuators and Motors Market Segmentation

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

Figure 3. MEA Piezoelectric Actuators and Motors Market Overview

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

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

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

Figure 7. MEA PEST Analysis

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 32. Impact of Covid-19 Pandemic In MEA Country Markets

  1. APC International, Ltd.
  2. FAULHABER Group
  3. Johnson Electric Holdings Limited
  4. Microfine Materials Technologies Pte Ltd
  5. Physik Instrumente (PI) GmbH & Co. KG.
  6. PiezoMotor Uppsala AB
  7. piezosystem jena GmbH
  8. TDK Corporation
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA 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 MEA 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 MEA 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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