Global Stack Piezoelectric Actuator Market

Description

Introduction                              

The Stack Piezoelectric Actuator is one kind of a Piezoelectric Actuator, the other kind being a Stripe Piezoelectric Actuator. A piezoelectric stack is a monolithic ceramic construction, which consists of many thin piezoceramic layers connected parallel. The main characteristics of a Stack Piezoelectric Actuator are that it offers a high blocking force and a low stroke. Also, depending upon the requirements of the user, a Stack Piezoelectric Actuator can be classified as Co-fired or Discrete. Both the kind of stack actuators can be insulated with the help of a coating material which is a bare stack, or it can be encased in something such as stainless steel. This is done to protect the Stack Piezoelectric Actuator from environmental and mechanical damage. The operating voltage of the discrete stacks or the high voltage stack actuators is in the range of 500-1000 V. whereas the operating voltage of the Co-fired or the monolithic stack is only up to 200V.

End-users

The end users of the Global Stack Piezoelectric Actuator Market mainly include the industries which require precision positioning and alignment such as Semiconductor Industry, Microelectronics Industry, and Industries using operations such as Image Stabilization, Gene Manipulation, and Nano-Technology.

Market Dynamics

Few factors promoting Global Stack Piezoelectric Actuator Market are the expanding market for precision equipment. The projected growth for the Global Piezoelectric Actuator market is at a CAGR of around 16.24% and is expected to reach around $47.72 Billion by the year 2021, and Stack actuator will be a large part of it. This precision equipment requires a very high level of accuracy, and only Stack Piezoelectric actuators are capable of providing such accurately controlled movements. Also, the ability of stack piezoelectric actuators to function even in the vacuum and their ability to be used thousands of times without any lubricant and any wear and tear make them invaluable. Also, few other advantages such as low voltage operation, no EMI, and fast response make them favorable in the industry for many applications. But the major challenge faced by the Global Stack Piezoelectric Actuator is managing short circuit and humidity. Sometimes due to humidity, the risk of cross contact with multiple layers of the actuators increases. Also, due to high temperature and humidity, the piezo ceramic actuators start degrading. Hence, these are the few factors that are hampering the growth of the Stack Piezoelectric Actuator Industry.

Market Segmentation

The Global Stack Piezoelectric Actuator Market is segmented into the following categories:

1. Type: 150V, 500V, 1000V
2. Application: Proportioning Valve, Precise Positioning Devices, Micro pumps, Electrical Switches and others
3. Regions: North America, Europe, South-east Asia, Japan, China, and India.

Regional/Geographic Analysis

Some of the major regions dominating in the Global Stack Piezoelectric Actuator Market are North America, Europe, South-east Asia, Japan, China, and India. The increasing demand in the sectors of Optical Instruments, Scientific Instruments, Air and Space, Electrics and Electromagnetic valves is encouraging more number of companies to use Stack Piezoelectric Actuators. The market trend of replacing the electromagnetic solenoid actuators with the piezoelectric actuators is what is driving the industry in these regions.

Key Players

The major players in this field are American Piezo (US), Piezomechanik GmbH (GE), Physik Instrumente, PI Ceramic (GE), Noliac (US), TDK(JP) and IVEK Corporation.