Piezoelectric Actuators and Motors Market 2020-2024 | Use of Thinner Multilayer Actuators in Smartphones to Boost Growth | Technavio

By Associated Press 20 May 2020, 12:00AM

LONDON--(BUSINESS WIRE)--May 19, 2020--

Technavio has been monitoring the piezoelectric actuators and motors market and it is poised to grow by USD 7.61 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Piezoelectric Actuators and Motors Market 2020-2024 (Graphic: Business Wire)

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AAC Technologies Holdings Ltd., Alps Alpine Co. Ltd., ams AG, APC International Ltd., CTS Corp., Johnson Electric Holdings Ltd., Johnson Matthey Plc, Murata Manufacturing Co. Ltd., Piezosystem Jena GmbH, and TDK Corp. are some of the major market participants. The use of thinner multilayer actuators in smartphones will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Use of thinner multilayer actuators in smartphones has been instrumental in driving the growth of the market.

Piezoelectric Actuators and Motors Market 2020-2024: Segmentation

Piezoelectric Actuators and Motors Market is segmented as below:

  • End-user
    • Consumer Electronics
    • Automotive
    • Healthcare and Others
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43328

Piezoelectric Actuators and Motors Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our piezoelectric actuators and motors market report covers the following areas:

  • Piezoelectric Actuators and Motors Market Size
  • Piezoelectric Actuators and Motors Market Trends
  • Piezoelectric Actuators and Motors Market Industry Analysis

This study identifies the integration of haptics technology in wearable devices as one of the prime reasons driving the piezoelectric actuators and motors market growth during the next few years.

Piezoelectric Actuators and Motors Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the piezoelectric actuators and motors market, including some of the vendors such as AAC Technologies Holdings Ltd., Alps Alpine Co. Ltd., ams AG, APC International Ltd., CTS Corp., Johnson Electric Holdings Ltd., Johnson Matthey Plc, Murata Manufacturing Co. Ltd., Piezosystem Jena GmbH, and TDK Corp. Backed with competitive intelligence and benchmarking, our research reports on the piezoelectric actuators and motors market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Piezoelectric Actuators and Motors Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist piezoelectric actuators and motors market growth during the next five years
  • Estimation of the piezoelectric actuators and motors market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the piezoelectric actuators and motors market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of piezoelectric actuators and motors market vendors

Table Of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End user
  • Consumer electronics - Market size and forecast 2019-2024
  • Automotive - Market size and forecast 2019-2024
  • Healthcare - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by End user

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • AAC Technologies Holdings Ltd.
  • Alps Alpine Co. Ltd.
  • ams AG
  • APC International Ltd.
  • CTS Corp.
  • Johnson Electric Holdings Ltd.
  • Johnson Matthey Plc
  • Murata Manufacturing Co. Ltd.
  • Piezosystem Jena GmbH
  • TDK Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200519005739/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

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UK: +44 203 893 3200

Email:[email protected]

Website:www.technavio.com/ 

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE OTHER MANUFACTURING MANUFACTURING

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 05/19/2020 10:00 PM/DISC: 05/19/2020 10:00 PM

http://www.businesswire.com/news/home/20200519005739/en

By Associated Press 20 May 2020, 12:00AM

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