The global piezoelectric positioners market is anticipated to grow at a significant CAGR during the forecast period. The materials producing electric charges on their surfaces owing to application of mechanical stress following which the induced charges are proportional to the mechanical stress is called as piezoelectric effect. Scientifically, materials with this phenomenon have a geometric strain proportional to the applied electric field. This implies converse piezoelectric effect.
Commercially, piezoelectricity is extensively used in the fabrication industry for production of devices such as actuators, transducers and acoustic wave devices. Piezoelectric positioners offer advantages such as unlimited resolution, faster expansion, no magnetic fields, generation of a large force, no wear and tear, low power consumption, operation at cryogenic temperatures and higher compatibility.
Piezoelectric positioners market is driven by upgrade in technological infrastructure in manufacturing sector for LED followed by demand for a greater control in nanopositioning applications. In addition, critical use of piezoelectric positioners in the biotechnology, nanotechnology and semiconductor test adds to the market growth. By type, market is segmented as rotary, linear piezo stages Application category for piezoelectric positioners market comprises metrology equipment, optical component and precision finishing.
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Geographical segmentation for market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America and Europe market is likely to grow at a significant pace during the forecast period owing to rise in nanotechnology, semiconductor panel and increase in demand for precision control in nanopositioning application.
Asia-Pacific regions are likely to grow at a significant pace during the forecast period due to increase in demand for semiconductor applications followed by resolution and accuracy. In addition, advances in the nanotechnology is supplementing the market growth. The key players profiled in the piezoelectric positioners market are Aerotech Inc, Piezosystem USA, Micronix USA, MICOS USA, Mad City Labs, PCBMotor, Kingwei Electronic, Physil Instrumente, Mechonics AG and SmarAct GmbH.
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