North America Piezoelectric Actuators and Motors Market Key Players and Opportunities by 2028

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

North America 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)

  • Report Date : Oct 2021
  • Report Code : TIPRE00025353
  • Category : Electronics and Semiconductor
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 115

The piezoelectric actuators and motors market in North America is expected to grow from US$ 3,077.48 million in 2021 to US$ 5,103.71 million by 2028; it is estimated to grow at a CAGR of 7.5% from 2021 to 2028.



The US, Canada, and Mexico are major economies in North America. Rising demand of piezoelectric technology is the major factor driving the growth of the North America piezoelectric actuators and motors market. From the past few years, the healthcare sector has witnessed a significant improvement in the design of medical equipment, along with better-streamlined functionality and performance. This, in turn, has improved the medical treatment methods. For example, piezoelectric transducers are used in ultrasonic dental scalers for ultrasonic removal of plaque and calculus, which is a more efficient method than traditional scalers. Similarly, piezoelectric ceramic components are increasingly being used in high-intensity focused ultrasound (HIFU) for the removal of tumors, as it is a minimally invasive and gentle treatment method with improved therapy success and fewer side effects in the human body. Also, piezoelectric technology is applied in ultrasonic surgery instruments that vibrate typically at 55 kHz, creating a wave of mechanical energy. This ultrasonic energy is transferred from a blade to tissue molecules, and the vibration improves the cutting and leads to better coagulation of the tissue, thereby reducing bleeding. Similarly, piezoelectric technology is applied in other medical devices such as ultrasound scanners for medical imaging and magnetic resonance imaging (MRI) systems as the actuator movement does not produce magnetic fields. Besides, piezoelectric actuators and pumps are extensively used in the lab and medical pumping and dosing equipment due to their precise, repeatable, and reliable fluid dispensing control. Furthermore, in modern times, economized multi-layer piezoelectric actuators are extensively used in medical devices, including medical pumps and hearing aids. Hence, the growing application of piezoelectric actuators in medical devices is proliferating the piezoelectric actuators and motors market growth in North America.

North America is one of the leading regions in terms of the development and adoption of new technologies due to favorable government policies that boost innovation and strengthen the infrastructure capabilities. Hence, any impact on the growth of industrial sector hampers the economic growth of the region. Presently, the US is the world’s worst-affected country due to the COVID-19 outbreak. The industry's reliance on human labor has been highlighted by the recent pause in industrial automation and development. This is expected to showcase the benefits of factory automation in the post-lockdown phase, leading to increased adoption. The overall demand for industrial automation components and digitalization is likely to increase once the industries attain normal operational conditions. These technologies are a need amid high market competition worldwide. Hence, the piezoelectric ultrasonic transducer and actuators sector is projected to grow at a steady pace in the post-pandemic period.  

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 North America piezoelectric actuators and motors market. The North America piezoelectric actuators and motors market is expected to grow at a good CAGR during the forecast period.
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North America Piezoelectric Actuators and Motors Market Segmentation

North America Piezoelectric Actuators and Motors Market – By Product

  • Piezo Motors
  • Piezo Actuators

North America Piezoelectric Actuators and Motors Market – By Application

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

North America Piezoelectric Actuators and Motors Market, by Country

  • US
  • Canada
  • Mexico

North America 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

North America Piezoelectric Actuators and Motors Report Scope

Report Attribute Details
Market size in 2021 US$ 3,077.48 Million
Market Size by 2028 US$ 5,103.71 Million
Global CAGR (2021 - 2028) 7.5%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Product
  • Piezo Motors and Piezo Actuators
By Application
  • Automotive
  • Industrial and Manufacturing
  • Medical
  • Aerospace
  • Consumer Electronics
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • 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
  • Naveen Chittaragi
    Naveen Chittaragi
    Associate Vice President,
    Market Research & Consulting

    Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

    Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

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    Our Clients
    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
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