Piezoelectric Motor Market to Garner Brimming Revenues by 2027

The report on the piezoelectric motor market offers actionable and valuable insights into the new developments and growth opportunities in the piezoelectric motor market. The report also includes details on the factors influencing the piezoelectric motor market growth. Latest trends, growth opportunities, market drivers and challenges in the piezoelectric motor market are also provided in the report. 

Medical Device Manufacturers Shifting from Electromagnetic Motors to Piezoelectric Motors

Medical equipment and device manufacturers are rapidly moving towards using piezoelectric motors as compared to electromagnetic motors. Piezoelectric motors are finding a wide application across medical devices including surgical devices, 3D scanners, MRI compatible robotics, ultrasonic emitters, drug delivery devices, laser beam steering, and devices used in dermatology, cosmetology, and ophthalmology.

The rise in miniaturization of devices and need for speed, force, and accuracy in devices with micrometer and nanometer range is driving the demand for piezo linear motors. Moreover, the rise in the new medical device development and approval is resulting in the increasing piezoelectric motors sales. For instance, the US Food and Drug Administration in 2018 approved more than 40 medical devices.

In recent years, there has been a significant growth in outpatient therapy which relies on the mobile drug pumps. Recent developments in drive system based on piezo motors are providing perfect size, weight, reliability, and flexibility for mobile drug pumps. This is likely to create opportunities for medical device manufacturers.

Medical devices and equipment manufacturers are also focusing on using ultrasonic linear piezoelectric motors and piezo stepper motors, especially for large travel ranges when high speed is required.

Shift from Conventional Electromagnetic Motor to Piezoelectric Motors Underway

In recent years, an increasing number of devices and equipment used across various industries are developed using piezoelectric motors. Owing to the rise in electrical and mechanical issues, with electromagnetic motors, the manufacturers are shifting towards piezoelectric motors in a wide variety of applications that need precise control of tiny ranges.

The use of wide range of PID controllers or position sensors, the piezoelectric motors are likely to witness large application in fiber-optic positioning, semiconductor test equipment, manufacturing process control, computer disk drives, robotic positioning, etc. small, compact, and providing higher torque and force are some of the major factors driving demand for piezoelectric motors. Meanwhile, high holding torque capacity along with the rapid start and stop characteristics are resulting in significant growth in the piezoelectric motor market.

Originally developed for microscopy, piezoelectric inertia motors are witnessing growing demand in mass produced consumer goods. New inertia motors in a multitude of designs are being developed for new scanning tunneling microscopes and other scanning microscopes.

Increase in Smartphone Camera Modules Creating Opportunity for Manufacturers in Piezoelectric Motor Market

With the rise in a number of advanced features in the smartphones, consumers are looking for image quality and performance in smartphones to be similar to the digital cameras. Hence, smartphone manufacturers are developing camera phones with auto focus function and optical zoom function using piezoelectric motors.

The growing demand for faster focus, continuous autofocus for clear picture and video, and rapid picture taking has resulted in the development of piezoelectric motor coupled with the new micro-mechanical design. This has minimized lens tilt, enabling high-precision imaging. Smartphone companies are also using piezoelectric motors and actuators in smartphones for vibration cancellation, emitting sound through the screen to the ear.

Piezoelectric ultrasonic motors are fast emerging as an alternative to electromechanical motors for smartphone cameras and other miniature product applications. Power efficiency, longer battery life, and quiet in operations are some of the benefits offered by piezoelectric ultrasonic motor, driving its demand in the smartphone industry.

Exorbitant Cost of Production Restraining Piezoelectric Motor Market Growth

High production cost continues to hamper the industrial use of piezoelectric motors. Piezoelectric motors are originally handmade, hence, the manufacturing process is expensive and labor intensive. Moreover, because the motor is handmade it is difficult to produce large quantities.

Piezoelectric motors are also criticized for inconsistence performance, as the actual motor tend to be loose, which results in premature failure and inefficient performance. Hence, tight tolerances are required for the motor to work properly. The high cost of piezoelectric motors is also due to its short life and high wear of the motors. It has been observed that most of the times attachment between various components fail, moreover, contact point wear unevenly and quickly.