Global Piezoelectric Actuator Market Size, Forecast, and Trend Highlights Over 2025-2037
Piezoelectric Actuator Market size was valued at USD 1.45 billion in 2024 and is projected to reach approximately USD 3.21 billion by the end of 2037, rising at a CAGR of 6.8% during the forecast period, i.e., 2025–2037. In 2025, the industry size of piezoelectric actuators is estimated at USD 1.56 billion.
The supply chain for the piezoelectric actuator market depends upon the procurement of ceramics, alloys, and adhesives, and mostly obtained from the Asia Pacific countries. The U.S. Geological Survey (USGS) stated in 2024 that the U.S. has remained a prominent importer of piezoelectric ceramics and various other rare earth materials. It further stated that China remained the biggest supplier with over 70.5% of the overall imports. The assemblage and unification of actuators is mainly conducted in Japan, South Korea, and the U.S, with strict quality control and high accuracy. In 2023, the U.S. Census Bureau reported that the imports exceeded USD 2.5 billion for the part of electromechanical actuators. This reflects the growing demand for raw materials across various sectors.
The U.S. Bureau of Labor Statistics (BLS) stated that the Producer Price Index for components for piezoelectric actuator reached a 4.9% year-over-year surge in 2024. The data signifies the escalation in material costs and manufacturing expenses for the materials. Additionally, the Consumer Price Index (CPI) for associated equipment for the technology surge by 3.2%. Also, the National Science Foundation (NSF), in 2024, allocated USD 12.1 million for conducting research in piezoceramics. Such a budget allocation shows an alignment with the government's strategies for onshoring crucial components for reducing reliance on imports from Asia.
Piezoelectric Actuator Sector: Growth Drivers and Challenges
Growth Drivers
-
Precision motion control in semiconductor manufacturing: The demand for extremely precise motion control has increased as fabrication of chips has reached 5nm processes. These actuators have enabled the scaling and positioning in nanometers, incorporating the multi-axis motion. Such a type of precision is necessary in etching and photolithography. The advancements in metrology precision are the foundation of the advanced manufacturing of semiconductors. Also, there has been increased demand for miniaturization and advanced packaging technologies. Various companies are capitalizing by making technological partnerships with chipmakers.
-
Adoption of smart manufacturing process: The piezo actuators are indispensable for making precision robot assemblage and additive manufacturing processes. Under the European Union’s Horizon Europe program, over USD 217 million in the development of cyber-physical systems and intelligent automation. Research Nester projects that over 25.6% of the demand for the global piezoelectric actuator will be propelled by industrial automation by 2030. For instance, Bosch has launched AI enabled feedback systems by using piezo sensors to eradicate margins for errors by 31% in assembly lines with high speed. Manufacturers are incorporating predictive analytics features to enhance the uptime.
-
Rising demand for minimally invasive medical devices: In conducting various medical practices such as endoscopic surgery and drug delivery, piezo actuators are emerging as key enablers. Prominent companies such as Siemens Healthineers and Philips have integrated actuators in high-resolution transducers and non-invasive treatment of the tumor. Other than this, the National Institute of Health in 2023 funded over USD 510 million to expand the usage of miniaturized medical devices, which prominently include piezo-driven tools. The growth of the piezoelectric actuator market is also driven by the rising focus of companies on biocompatibility to meet the healthcare standards.
AI & Machine Learning Transforming the Piezoelectric Actuator Market Landscape
The inclusion of AI and ML is transforming the dynamics of the piezoelectric actuator market, enabling manufacturers to streamline operations across the production cycles. Companies are lowering the prototyping costs with the use of AI-enabled simulations. Prominent players are leveraging ML algorithms to scrutinize the intricate data sets and handle inventory in real time. It also provides customization to the firms to deliver solutions specific to the requirements of the client, increasing client retention. Siemens Healthineers utilises ML to monitor piezo transducers in ultrasound systems.
AI & Machine Learning Integration – Statistical Impact in the Piezoelectric Actuator Market
|
Company |
Integration of AI & Machine Learning |
Outcome |
|
Physik Instrumente (PI) |
AI-driven digital twin simulations for piezo actuator design optimization |
31% reduction in development time |
|
Thorlabs Inc. |
Machine learning for automated defect detection in actuator manufacturing lines |
19% improvement in product quality |
|
Aerotech Inc. |
Predictive maintenance and performance analytics using ML models |
23% increase in equipment uptime |
|
Cedrat Technologies |
AI-based customization of actuator configurations for aerospace |
26% faster client-specific design delivery; improved contract fulfillment rate by 16% |
|
Piezo Systems Inc. |
ML-powered supply chain and logistics optimization to manage global distribution |
21% reduction in logistics costs |
5G Adoption Driving Growth in the Piezoelectric Actuator Market
The mushrooming deployment of the 5G networks in a myriad of sectors is transforming the market dynamics. The 5G incorporation has introduced low-latency communication in the industrial IoT ecosystem, where piezo actuators are operational for precision control of the motion. Market leaders are using 5 G-enabled piezo actuator systems to garner high uptime. The alterations are mainly visible in the medical and semiconductor manufacturing industries. Other than this, semiconductor manufacturing witnessed a 25.3% surge in shipments of EUV-based lithography tools.
Statistical Impact of 5G on Piezoelectric Actuator Market
|
Company |
5G Deployment Use Case |
Outcome (2023/2024) |
|
Siemens |
5G-enabled factory with real-time actuator feedback systems in Germany |
26% increase in operational efficiency |
|
Schneider Electric |
Smart logistics platform using 5G-actuator IoT modules for supply chain automation |
22% improvement in delivery accuracy |
|
ABB Robotics |
5G robotic actuator systems for semiconductor production in Asia |
31% increase in precision rate |
|
Bosch Rexroth |
5G-enabled predictive maintenance using piezo actuators in smart assembly lines |
26% decrease in unplanned maintenance incidents |
Challenges
-
Trade barriers and tariffs: The global piezoelectric actuator market is witnessing disruptions owing to tariffs and geopolitical tensions. These factors are affecting supply chains and the cost of production. For instance, since 2018, China has been facing 25.5% tariffs from the U.S. on the piezoelectric components.
-
Restricted market access: The restricted market access, fueled by geopolitical tensions and export controls, is remarkably limiting the piezoelectric actuator market growth. These barriers disrupt the supply chains and exponentially increase the costs. For instance, the European Union faced disruption in its supply chain due to reliance on Japan and China-based actuators.
Piezoelectric Actuator Market: Key Insights
| Report Attribute | Details |
|---|---|
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
6.8% |
|
Base Year Market Size (2024) |
USD 1.45 billion |
|
Forecast Year Market Size (2037) |
USD 3.21 billion |
|
Regional Scope |
|
Piezoelectric Actuator: Segmentation
Application (Semiconductor Lithography, Medical Imaging, 5G RF Filters, Automotive Fuel Injectors, Industrial Automation)
The semiconductor lithography segment in piezoelectric actuator market is anticipated to register 32.3% market share during the forecasted period. The growth can be attributed to the rising demand for EUV lithography tools to produce chips. In 2023, the U.S. Department of Commerce allocated USD 52.3 billion for manufacturing semiconductors under the U.S. CHIPS Act. The piezoelectric actuators play a crucial role in facilitating the precision of nanometers needed for the stage positioning of the wafers and alignment of the lens in advanced products. These parameters are augmenting the market growth during the forecasted period.
End users (Defense & Aerospace, Healthcare, Telecommunications, Automotive, Consumer Electronics)
The defense and aerospace segment in piezoelectric actuator market is anticipated to register the maximum growth with 28.2% of the market share. The rising adoption of hypersonic missile guidance across the world is propelling the segment's growth. According to the U.S. Department of Defense in 2023, a fund of USD 145.3 billion was allocated in research and development, particularly in sonar systems based on piezo materials. Other than this, the AN/SQQ-89A(V)15 sonar system of the U.S. Navy uses piezo ceramics for upgrading the threat detection in underwater environments.
Our in-depth analysis of the piezoelectric actuator market includes the following segments:
|
Type |
|
|
Trade |
|
|
Application |
|
|
End user |
|
|
Material |
|
Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.
Customize this ReportPiezoelectric Actuator Industry - Regional Analysis
North America Overview
North America is leading in the global piezoelectric actuator market, registering 36.5% of revenue between 2025-2037. The market growth is driven by the significant investments in defense technologies and advanced manufacturing. In the U.S., the market is witnessing burgeoning growth due to significant growth in the semiconductor and defense sectors. In 2023, the Department of Defense allocated USD 145.5 billion for research and development. The allocation of the budget emphasizes the advanced development of advanced radar systems incorporating actuators. Additionally, the National Telecommunications and Information Administration (NTIA) spent USD 42.46 billion under the Broadband Equity, Access, and Deployment (BEAD) Program. This is to facilitate the extension of broadband infrastructure in which piezoelectric components play a crucial role in network hardware.
The piezoelectric actuator market in Canada is also experiencing significant growth on the back of rising efforts by the government to ameliorate digital infrastructure. Recently, the Universal Broadband Fund and the CRTC Broadband Fund, collectively, allocated USD 3.8 billion to enhance digital connectivity. Also, the government is committed to garnering up to 98% of the high-speed coverage for the internet by 2026. These factors further augment the demand for precision components, bolstering the market growth during the forecasted period.
Europe Market Overview
By 2037, the market in Europe is projected to command a share of 29.8% owing to significant investment in quantum computing. Also, the Digital Europe Programme by the European Union has infused USD 7.6 billion to upgrade the digital infrastructure. It has been estimated that in 2024, Germany’s expenditure reached USD 2.6 billion on piezoelectric actuators. Additionally, the UK allocated 12.2% of the digital infrastructure budget for the development of the piezoelectric actuator devices. Also, the country’s program for quantum computing is named the National Quantum Technologies Programme, which also aids research into piezoelectric components.
Companies Dominating the Piezoelectric Actuator Landscape
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The competitive landscape of the piezoelectric actuator is rapidly evolving as established key players, IT giants, and new entrants are investing in advanced technologies. Key players in the market are focused on developing products catering to the stringent regulatory norms and consumer demand. These key players are adopting several strategies, such as mergers and acquisitions, joint ventures, partnerships, and novel product launches, to enhance their product base and strengthen their market position.
Top 15 Global Piezoelectric Actuator Market Manufacturers
|
Company Name |
Country of Origin |
Estimated Market Share (2037) |
|
TDK Corporation |
Japan |
11.8% |
|
Murata Manufacturing Co., Ltd. |
Japan |
10.5% |
|
PI (Physik Instrumente) |
Germany |
9.7% |
|
CTS Corporation |
USA |
8.9% |
|
Kistler Group |
Switzerland |
7.2% |
|
Morgan Advanced Materials |
UK |
xx% |
|
Meggitt PLC (Parker Hannifin) |
UK/USA |
xx% |
|
Samsung Electro-Mechanics |
South Korea |
xx% |
|
Thorlabs, Inc. |
USA |
xx% |
|
Noliac (CTS Subsidiary) |
Denmark |
xx% |
|
APC International, Ltd. |
USA |
xx% |
|
CeramTec GmbH |
Germany |
xx% |
|
Piezosystem Jena |
Germany |
xx% |
|
Micromechatronics Inc. |
USA |
xx% |
|
Piezo Actuator Sdn. Bhd. |
Malaysia |
xx% |
Here are a few areas of focus covered in the competitive landscape of the market:
In the News
- In March 2024, Samsung incorporated advanced piezoelectric actuators into its latest consumer electronics. This is to enhance haptic feedback in devices like smartphones and tablets. This innovation endeavors to render users a more immersive experience.
- In February 2024, Physik Instrumente launched piezoelectric actuators efficient for operating at elevated temperatures. The actuators are fabricated for aerospace applications and are prevalent in high-temperature conditions.
Author Credits: Abhishek Verma
- Report ID: 2499
- Published Date: Jun 05, 2025
- Report Format: PDF, PPT
