Piezo Motor Market Scope
Piezo Motor is an electric motor used in industrial, commercial purposes, these motor use the inverse piezoelectric effect where oscillatory motions are converted into continuous rotary movement and stepping motions. The piezo motor is of three types namely resonance-drive, inertia-drive and piezo-walk-drive which are widely used in miniature products for the proper motion control systems. The trend of the use of piezo motor in 3D printing manufacturing and in robotics and factory automation continues to rise. It gives high precision positioning, high resolution, and control machines.
The market study is being classified by Type (Resonance-Motors (Ultrasonic Drives), Inertia-Motors (Stick-Slip Principle), Piezo-Walk Drives and Others), by Application (Scientific Instrumentation, Production Machines, Optronics, Medical Automation and Others) and major geographies with country level break-up.
Faulhaber Group (Germany), PiezoMotor AB (Sweden), Johnson Electric Holdings Limited (Hong Kong), Thorlabs, Inc. (United States), Aerotech Inc. (United States), Discovery Technology International (United States), Piezo Kinetics, Inc. (United States), Physik Instrumente (PI) GmbH & Co. KG. (Germany), CTS Corporation (Noliac) (United States) and Cedrat Technologies SA (France) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Kingwei Electronic Co. Ltd. (China).
AdvanceMarketAnalytics has segmented the market of Global Piezo Motor market by Type, Application and Region.
On the basis of geography, the market of Piezo Motor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 15th April 2019, Piezo Kinetics Inc., announced the major expansion of its manufacturing operation at the Bellefonte, allowing the company to increase capacity by 25% for the production of piezo ceramic parts. The addition of 10,000 sq ft manufacturing space represents its fourth expansion in eight years and is in response to strong demand for its piezo products. The company has already broken ground for the new expansion with start-up expected after Labor Day.
On 20th Feb 2019, PiezoMotor announced the launch of a new direct-drive motor with integrated encoder Piezo LEGS Linear 6N, also called LL06. The company has developed the next generation Piezo LEGS, the motor has undergone a drastic redesign and repackaging with the same piezo-ceramic actuators at its core as the predecessor LL10. Its basic performance nature is unchanged but with slimmer design and options for guides that steer the drive rod and an integrated high-resolution optical encoder.
- Emerging Use of Piezo Motor in Robotic and Factory Automation
- Use of Piezo Motor in Production Process of 3D Printing
- The rising interest in miniature products which needs piezo-based systems for high precision positioning which gives no backlash, high resolution, and better motion control system. The use of piezo motors provides short cycle times in repeated move and settle processes reducing the overall processing time.
- Growing Production of Medical Devices is Boosting the Piezo Motor Market
- Technological Advancements in Piezoelectric Technology
- The Requirement for High-Frequency Power Sources and High Voltage to Piezo Motor Might Hinder the Market
- Aggressive Market Competition Between the Players
- Complexities with Installation and Maintenance of Piezo Motor
Key Target AudiencePiezo Motor Manufacturers, Piezo Motor International Traders, Research and Development Institutes, Regulatory Bodies, Piezo Motor Distributors and Suppliers, Upstream and Downstream Buyers, Potential Investors and Others
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