Competitors Analysis of Fancy Yarn Market from 2020 to 2030

Transparency Market Research delivers key insights on the global fancy yarn market. In terms of value, the global fancy yarn market is estimated to expand at a CAGR of ~6% during the forecast period 2020 to 2030, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global fancy yarn market report.

In the report, TMR predicts that the global fancy yarn market would be largely driven by increasing demand for fashion fabrics, rapid expansion of the middle-class population, and changing consumer preferences regarding fashion and clothing. These factors are expected to boost the market during the forecast period. 

According to the fancy yarn market report, the product type segment has been divided into spiral yarn, gimp yarn, loop yarn, snarl yarns, knob yarns, slub yarn, and others. In terms of fiber, the fancy yarn market has been segregated into cotton, wool, silk, polyester, rayon, and others. Cotton, polyester, and various other synthetic & blended fibers are most commonly used to make different types of fancy yarns.  

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Based on price range, the fancy yarn market has been classified into low, medium, and high. Based on end use, the global fancy yarn market has been split into fashion clothing, knitwear, ties, furnishings, curtains, upholstery, and others. As per the distribution channel, the global fancy yarn market has been bifurcated into online and offline. Companies are offering wide and exclusive range of fancy yarns through distributors and retailer networks. 

The style conscious younger generation is increasingly investing in fashion clothing and always looking for diversified offerings. Fashion fabrics are used in knitwear, outwear, and men’s jackets, among others. Hence, it plays a crucial role in driving the fancy yarn market. Therefore, the rising importance and demand for fashion fabrics in furnishing projects, women’s clothing materials, and men’s suiting materials is expected to fuel the worldwide market growth of fancy yarns.

Fancy Yarn Market: Prominent Regions

Asia Pacific was the dominant and fastest growing market for fancy yarn in the year 2019. China and India are major markets for fancy yarn in the Asia Pacific region and are responsible for the growth of the fancy yarn market in the region in recent years. The evolution of the textile industry and rise in usage of fancy yarn in different industries are anticipated to drive the overall sales of fancy yarns in the near future.

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Fancy Yarn Market: Key Players

Key players operating in the global fancy yarn market include Filpucci Spa, Filati G.B. Srl, Ipeks Tekstil, Jiangyin Huayi Yarn Co., ltd, Laxtons Limited, Siyaram’s Silk Mills Limited, Sutlej Textiles and Industries Limited, Kongkiat Textile Co ltd, Winning Textile Co Ltd., Softech Controls Pvt. Ltd., PinterCaipo, Skaat Machine Works India Pvt. Ltd., Saurer AG, and Rieter.

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Military Parachutes Market to Witness a Pronounce Growth During 2030

Military parachutes have been used by militaries to deliver soldiers and supplies into action as early as the Second World War. Since then, those have seen increasing application in various conflict zones, notably by the Special Forces of developed countries. Advances in airborne technologies have also improved the mechanism of action of parachutes and have made them safer and more reliable, benefitting users of military parachutes.

Over the years, manufacturers have increasingly harnessed the principle of landing aviators safely. This has spurred the prospects of the military parachutes market in several areas other than just military. Some of the key application areas are cargo, sports, rescue, recovery, and break chutes.

The study offers a critical assessment of the current opportunities, new avenues in various application areas, high value-grab opportunities in key regions, and the changing competitive landscape. The research offers shares and size of the global market and its segments, while offering in-depth customer insights to help investors understand the areas with high return on investment. The assessment also includes the key restraining factors and the strategies adopted by some of the top players to retain their stronghold in the military parachutes market.

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Military Parachutes Market: Key Trends

Growing market propositions of unmanned aerial vehicles has expanded the avenue in the military parachutes market. Growing number of training programs for operational units in the militaries of the developing world, such as the Middle East, has bolstered the prospects of the market. Many training providers look for certifications to keep themselves updated. The growing presence of defense-approved aircraft providers in developed countries has boosted opportunities in the military parachutes market. Demand for aircraft ballistic recovery systems. Initially, the militaries in some countries used these for unmanned airborne surveillance platforms. Now such systems have gained tractions for various applications, thus boosting the market.

When deployed on small airplanes, these have been instrumental in saving human lives. However, in some developing regions, defense budgets have dwindled, hitting hard the prospects of military parachutes. Also, stringent government regulations with the use of military budgets in applications excluding defense has also hurt the demand in the military parachutes market. In recent years, the market has seen a new, promising avenue in the use of these in recreation activities. Further, growing deployment of UAVs for intelligence, surveillance, and reconnaissance (ISR) missions has bolstered the growth of the military parachutes market.

Military Parachutes Market: Competitive Analysis and Key Developments

A growing number of regional players in the military parachutes market are consolidating their supply chains. They are getting into collaborations with the defense agencies to meet the procurement requirements. Most aspiring players in military parachutes market have expanded the technical expertise underlying parachute design and manufacturing. Some are are also venturing into offering low cost cargo delivery parachutes, thereby aiming to serve wide range of applications. For instance, Airborne Systems are coming out with new designs to meet the defense mission requirements. The company has also expanded its product portfolio, such as in deceleration system solutions for rescue and survival equipment.

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Military Parachutes Market: Regional Assessment

On the regional front, Europe and North America have been replete with opportunities for manufacturers in the military parachutes market. These regions have seen rapid increase in numbers of paratroopers for military and cargo applications. Growing use of military parachutes for training especially in countries, such as the U.S., has cemented the revenue potential of the North America market.

Meanwhile, Asia Pacific is emerging as the next hotbed of opportunities for key players in the military parachutes market. This is on account of substantial rise in demand for such parachutes for sports and recreational activities in recent years. 

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Aviation Warning Lights Market to Witness a Pronounce Growth During 2027

The global aviation warning lights market was valued at US$ 721.4 Mn in 2018 and is anticipated to register a stable CAGR of 6.5% from 2019 to 2027, according to a new research report, published by Transparency Market Research (TMR) titled ‘Aviation Warning Lights Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.’ Increasing demand for high-rise skyscrapers and government regulations and policies to increase adoption of obstruction lights for aircraft safety are driving the global aviation warning lights market. The market in North America is expanding at a significant CAGR of 6.6%, owing to numerous technological innovations and development of smart cities in the region. 

Rising Demand for High-rise Skyscrapers to Drive Market

Economic growth, high living standards, and rapid development of smart cities are resulting in increased demand for tall buildings across the world. In order to meet this rising demand and attract buyers, players in the construction sector are building high-rise apartments, thereby differentiating their projects from others. Significant developments in the telecommunication industry and wind turbines and rising demand for high-rise skyscrapers are some of the primary factors driving the global aviation warning lights market. High costs of raw materials, such as LEDs, are some of the factors hindering the market. Several companies are making efforts to carry out research and development activities to introduce innovations in aviation warning lights. In order to prevent risk of collision in case of aircraft flying near the structures, the demand for aviation warning lights is rapidly increasing.

Aviation warning lights make structures more visible for passing aircraft. They are usually used at night, although they can be used during the daytime. These lights need to have sufficient brightness in order to be visible at miles away from the structure. Moreover, high-rise buildings offer technological as well as financial advantages in areas with high population density. They have become a distinctive feature of housing accommodation in virtually all densely populated urban areas worldwide. Hence, the rising demand for high-rise skyscrapers is expected to augment the utilization of aviation warning lights across the world during the forecast period. 

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Government Regulations and Policies to Increase Adoption of Obstruction Lights for Aircraft Safety to Drive Market

Stringent mandatory regulations set for installation safety of aircrafts as well as tall residential and commercial buildings are expected to drive the global aviation warning lights market during the forecast period. Installation of aviation warning lights is the most common and widespread regulation mandated by various governing bodies such as International Civil Aviation Organization (ICAO) and Federal Aviation Administration (FAA). These government/regulatory authorities have mandated the installation of aviation warning lights on tall structures so that they can be visible during the daytime as well as at night. These devices come in different shapes, colors, beam patterns, and light intensity. They offer an acceptable level of safety defined by international regulations and national standards. These factors are boosting the global aviation warning lights market. 

Growing Adoption of Aviation Warning Lights led by Rising Incidence of Aircraft Collisions and Technological Advancements to Create Lucrative Opportunities for the Market

Geographically, the global aviation warning lights market has been divided into five major regions. These include North America, Europe, Asia Pacific, South America, and Middle East & Africa. In 2018, North America was the leading region of the global market, followed by Asia Pacific. This can be primarily attributed to presence of a large number of tall structures and growing incidence of aircraft collisions in North America. Regulations and policies associated with aviation warning lights and early adoption of the LED technology are some of the other factors driving the market in the region. The U.S. held the maximum share of the market in North America in 2018. The market in the country is estimated to expand at a considerable CAGR during the forecast period. The market in Europe is anticipated to expand at a significant CAGR during the forecast period, owing to development of aviation infrastructure and rising investments in the region.

The aviation warning lights market in Asia Pacific is expected to expand at the maximum CAGR of 7.2% during the forecast period. Factors such as growing technological advancements and development of high-rise buildings in developing countries such as China are expected to drive the market in Asia Pacific during the forecast period. Furthermore, growing construction activities in countries of Asia Pacific have led to increase in the penetration of aviation warning lights in the region. The market in Middle East & Africa and South America is expected to expand at a substantial pace from 2019 to 2027, due to growing number of towers and tall buildings in these regions. 

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Wetra Aviation Obstruction Lights, Astronics Corporation, Avlite Systems, and Flash Technology, LLC. Likely to Continue to Lead the Global Aviation Warning Lights Market

The company profiling of key players operating in the global aviation warning lights market includes company overview, major business strategies adopted, SWOT analysis, and market revenues for years from 2016 to 2018. Key players operating in the global aviation warning lights market and profiled in the report are Astronics Corporation, Avlite Systems, Cooper Industries Inc. (Eaton Corporation plc), Delta Obstruction Lighting Ltd, DeWiTec GmbH, Flash Technology, LLC. (SPX Corporation), Wetra Aviation Obstruction Lights, Drake Lighting, Inc., Dialight plc, Contarnex Europe Limited, Avaids Technovators Pvt. Limited, Hughey and Phillips, LLC., Orga BV, Q-AVIATION, Farlight, and Sirena SpA. Various players are introducing technologically advanced aviation warning lights and establishing partnerships with other players. 

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Thermoplastic Connector Market Global Outlook 2030 By Leading Countries, Growth Drivers And Major Competitors

 

• Thermoplastic connectors are multi-pole power connectors that are used to establish electric power supply connection
• Use of plastics in thermoplastic connectors offers many advantages: it is lighter than steel, has very high impact-resistance, and is ideal to use in harsh environment applications
• Thermoplastic connectors have good resistance to chemical attacks and excellent insulating properties that make it suitable for electrical and electronics applications
• Additionally, machining and maintenance of thermoplastic connectors is easy, and no special tools are needed
• Thermoplastic connectors are available in lightweight, compact size, and are used for heavy equipment applications
• Thermoplastic connectors are used for various applications including transportation, heavy equipment, power generation, mining, marine, mobile equipment, and railway

Rise in Demand for Thermoplastic Connectors for Use in Industrial Fields

• Thermoplastic connectors are used in multiple industries to deliver compact, robust, weatherproof, and reliable connections for harsh environments
• Thermoplastic connectors are suitable for AC power supply where a latch locking connector is required. These connectors establish secure connection for heavy equipment and power generation use.
• Technological advancement in thermoplastic connectors leads to the introduction of light weight, easy machining with normal tools, with good insulating properties, and compact size
• As a result of these factors, demand for thermoplastic connectors for industrial applications is growing, which is expected to drive the global thermoplastic connector market during the forecast period.

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Increasing Use of Thermoplastic Connectors for Automotive Applications

• Thermoplastic connectors are significantly used for automobile use, such as hybrid and electric vehicles, to electrically and mechanically join wires and cables, printed circuit boards, and batteries
• Thermoplastic connectors used in automotive applications are built to withstand tough conditions
• Additionally, these connectors are used in railway applications, which is anticipated to drive the growth of the global thermoplastic connector market during the forecast period

North America to Lead the Thermoplastic Connector Market

• In terms of region, the global thermoplastic connector market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
• North America is anticipated to dominate the global thermoplastic connector market throughout the forecast period, as a large number of manufacturers of thermoplastic connectors operate in the region
• Additionally, many well-established players based in North America are focusing on development of new technology in electrical products which is expected to boost the thermoplastic connector market in the region during the forecast period
• The thermoplastic connector market in Europe and Asia Pacific is expected to expand at a substantial rate during the forecast period. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate pace during the forecast period.

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Key Players Operating in the Global Thermoplastic Connector Market

The global thermoplastic connector market was highly fragmented in 2019. Major players operating in the global market are focusing on technological advancements and expansions to meet the rising demand for thermoplastic connectors. Moreover, manufacturers are signing partnerships for the development of innovative products.

Key players operating in the global thermoplastic connector market are:

• ABB
• Amphenol Tuchel Industrial GmbH
• Hamitherm B.V.
• HARTING Technology Group
• Kent Automotive
• Lawson Products, Inc.
• LEONI
• SCHURTER Holding AG

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Temperature Detection Screen Market Expected to Witness a Sustainable Growth over 2030

In the current situation because of ravage of COVID-19, the need to contain the spread of coronavirus has led to massive rise in demand for temperature detection screen. Temperature detection screens are now mandatory in medical centers, government organizations, and commercial zones to monitor individuals with above normal temperature.

Temperature detection screen is mainly of two types: portable/handheld and fixed/mounted.

The report analyzes the temperature detection screen market in a comprehensive manner and enumerates the findings in a market intelligence report. The report covers demand dynamics, growth opportunities, and regional outlook of the temperature detection screen market over the 2020 – 2030 forecast period. Furthermore, the report studies the competitive landscape, throwing light on winning growth strategies of key players in the temperature detection screen market.

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Temperature Detection Screen Market: Notable Development and Competitive Landscape

In a recent development, in the rocky times of COVID-19, Athena Security – an Austin-based startup is an example of innovation-under-pressure. At the core, the company focuses on enterprise gun detection camera for spotting weapons, guns, and criminal acts. Soon, the team realized to enhance its existing gun detection system to sustain business in these tough times. The team learned that adding a sensitive thermal imaging camera to its existing gun detection system will provide skin temperature reading, and would allow companies to screen up to 2,000 single-file visitors every hour with potential COVID-19 fevers. Since higher temperature is one of the first symptoms of COVID-19, the camera warns the person of possibility of carrying the virus and take necessary steps for self-quarantine.

At the competitive front, the temperature detection screen market features presence of some well-entrenched players who hold considerable revenue in the market. Nonetheless, the vendor landscape is fragmented marked by the presence of small and large players in the temperature detection screen market.

Prominent players operating in the temperature detection screen market include FLIR Systems, L3 Harris Technologies, Opgal, Thermoteknix Systems, Seek Thermal, Xenics, Leonardo, Axis Communications, OptoTherm, Fluke, 3M, and Infratec.

Temperature Detection Screen Market: Key Trends

Amidst COVID-19, portable/handheld temperature detection screen is witnessing massive demand to contain the virus. In urban areas, government institutions, public places, and even residential communities are equipped with temperature detection screen at the point of entry or exit to check temperature of individuals entering the premises.

However, possibility of false negative and false positive of screening puts question on the reliability of temperature devices. For such reasons, temperature screening can be recommended temperature devices are established to be accurate to screen for COVID-19.

Meanwhile, among a slew of applications, temperature detection screen finds immense use in military operations. Temperature detection screen, especially thermal scanners, find use for day-night observation and thermal target detection in military operations.

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Temperature Detection Screen Market: Regional Outlook

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America are the key regions into which the temperature detection screen market is divided in this report. Europe is predicted to maintain its supremacy in the temperature detection screen market over the forecast period. In Europe, the alarming rise in COVID-19 cases, with Italy, Spain, and France at the epicenter of the pandemic in the region has translated into massive demand for temperature detection screens.

North America is another key region in the temperature detection screen market. Amidst COVID-19, strict government regulations to monitor temperature of individuals at public places has led to surge in demand for temperature detection screen in the region.

Asia Pacific is emerging as a key region in the temperature detection screen market. Outbreak of COVID-19 has led to rapid uptake of precautionary measures to contain the virus, including use of temperature detection screen at entry points of business areas, government institutions, and even residential communities in urban areas of the region. 

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Medical Imaging Lens Market with Coronavirus (COVID-19) Impact Analysis

Transparency Market Research delivers key insights on the global medical imaging lens market. In terms of revenue, the global market is estimated to expand at a CAGR of ~11% during the forecast period, owing to numerous factors regarding which, TMR offers thorough insights and forecasts in its report on the global medical imaging lens market.

Medical imaging lenses are used in various product applications such as fiber scope couplers, endoscope couplers, medical X-ray scanning, and diagnostic camera hand pieces to magnify the object to study, diagnose, or perform operations precisely. Among these product applications, medical imaging lenses are largely used in X-ray scanning for medical imaging to scan any kind of soft or hard tissue and treat patients accurately. In the process of studying and diagnosing, highly skilled and trained medical professionals are required to operate microscopes and obtain clear image. Thus, the demand for medical imaging lens is projected to rise across the globe in the near future with growing trend of making novel microscopes and cameras to perform operations precisely, quickly, and safely.

The global medical imaging lens market has been broadly segmented based on product application, functional application, and end use. Based on product application, the market has been divided into fiber scope couplers, endoscope couplers, medical x-ray scanning, diagnostic camera hand pieces, and others. Based on functional application, the market has been segmented into under pathological imaging, and intra-operative imaging. In terms of end use, the market has been segregated into hospitals & clinics, research laboratories, and pharmaceutical & biotechnology industry. Among product applications, the medical x-ray scanning segment holds significant market share and is anticipated to expand at a rapid pace during the forecast period.

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Medical Imaging Lens Market: Dynamics

Well-established manufacturers of medical imaging lens are focusing on innovative technologies and software to diagnose patients accurately at greater speed. Physicians view the CT or MRI images outside the operating room and try to confirm the exact position of a cancerous site. The use of a needle-guiding system developed by HORL is helpful, as it angles the position of the needle to be inserted into the chest cavity at the accurate position. Additionally, Canon Inc. is creating a prototype of a needle guiding system by developing motors and sensors that can operate in the MRI environment. The ultra-miniature fiber endoscope and needle guiding system is being developed for commercialization by collaborating with Massachusetts General Hospital, and Brigham and Women’s Hospital. Thus, the development of innovative medical equipment for fast and accurate diagnosis is expected to drive the growth rate of the global medical imaging lens market during the forecast period.

Moreover, the demand for medical imaging lens in X-ray microscopes is high across the globe, owing to its ability to produce enlarged images of samples illuminated with X-rays. These lenses are ideal for pathological imaging, and research and development work in laboratories. Additionally, diagnostic cameras are mainly used in hospitals and clinics to investigate tiny and inner organs of the body closely that helps to perform surgical operations with high precision and accuracy. Furthermore, the increasing inclination of patients toward invasive surgeries is a strong factor that is likely to boost the global medical imaging lens market during the forecast period.

In addition to this, medical imaging lens play a vital role in the healthcare sector, as microscopes are increasingly being used in hospitals & clinics and research laboratories to study individual cells or virus cells. With technological advancements, scientists have developed a specialized microscope that can non-invasively diagnose, treat diseases such as skin cancer, as well as perform precision surgery without making any incisions on the skin, thereby resulting in improved performance of microscopes. Thus, several well-established manufacturers of medical imaging lens are focusing on technological advancements of their products to cater to the changing needs of customers.

The use of novel microscopes allows medical professionals to pinpoint the exact location of abnormality, diagnose it, and treat it instantly. The development of technologically advanced microscopes is, thus expected to show significant growth rate during the forecast period, owing to its increasing adoption in hospitals & clinics.

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Medical Imaging Lens Market: Prominent Regions

According to the regional analysis, North America is the dominant region of the global medical imaging lens market. The growth of the market in the region can be attributed to significant manufacturing capability of players operating in the North America market to produce medical imaging lenses for hospitals & clinics and research laboratory use. The U.S. has proved to be the most diversified and dynamic market. A majority of medical imaging lens are used in hospitals & clinics for medical X-ray scanning to scan any kind of soft or hard tissue x-rays and convert them into any digital format such as X-rays to PDF, TIFF, DICOM, and JPEG; this is anticipated to drive the medical imaging lens market in North America over the next few years. The U.S. held a major share of the North America medical imaging lens market, in terms of revenue, followed by Canada in 2019.

However, in terms of revenue, the market in Mexico is anticipated to expand at a substantial CAGR during the forecast period. Additionally, Asia Pacific is focusing on the adoption of medical imaging lens to strengthen its healthcare sector. Japan is home to several well-established players that design and offer medical imaging lens. Thus, rising demand for medical imaging lens in hospitals & clinics and in the research laboratory field is anticipated to boost the medical imaging lens market in Asia Pacific during the forecast period. The market in Europe is estimated to witness prominent growth during the forecast period. The medical imaging lens market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

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Piezoelectric Actuator Market Future Forecast 2020-2030

Transparency Market Research delivers key insights on the global piezoelectric actuator market. In terms of revenue, the global market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global piezoelectric actuator market.

Piezoelectric actuators are transducers that convert electric energy into mechanical displacement or stress on the basis of the piezoelectric effect. Furthermore, these actuators are widely used in high-precision positioning mechanism, as they can control small mechanical displacement at a high speed, due to their large generated force, stable displacement, and ease of use. In addition, piezoelectric actuators come in different shapes and sizes. Various shapes include disks, tubes, plates, benders, and bimorphs. With the introduction of new technologies in automotive and consumer electronics industries, piezoelectric actuators are being evolved. A large number of players, including CTS Corporation, Murata Manufacturing Co. Ltd., PI Ceramics, Cerametec, and Thorlabs, Inc. are developing new multilayer actuators, multilayer chip actuators, bulk stacked actuators, shear actuators, amplified actuators, and benders for use in industries such as consumer electronics, automotive, medical, aerospace & defense, and manufacturing & processing.

Piezoelectric Actuator Market: Dynamics

Significant investments in manufacturing activities in developing economies are expected to provide immense growth opportunities to the global piezoelectric actuator market during the forecast period. India, China, Thailand, and South Africa are emerging as key markets for piezoelectric actuators. These regions are expected to be the focus of industrial actuator manufacturers during the forecast period. Moreover, growth in urbanization is creating high demand for infrastructure development in public and private sectors. This infrastructure comprises power stations, water supply systems, electricity grids, and water treatment plants. Furthermore, rising demand for innovative products with improved performance and reliability is driving the demand for new technologies.

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Use of alternative lead-free elements, extremely thin payloads, and new material technologies of piezoelectric actuators is driving the global piezoelectric actuator market. Improvement in the piezoelectric actuator technology led by advancements in manufacturing techniques enables piezoelectric actuators to operate in harsh environments and extends their service life and efficiency, which is driving the global market.

Additionally, piezoelectric actuators are increasingly being used for medical applications by medical and bioresearch companies, as they are better operating, lower cost, and more efficient. Medical device manufacturers prefer piezoelectric motors and actuators than conventional electromagnetic motors, as they offer substantial inherent advantages. Piezoelectric actuators are used for various medical devices including laser beam steering devices, surgical devices, micro dose dispensers, 3-D scanners, nano-liter and micro-liter pumps, and ultrasonic emitters. They are also employed for material handling, drug delivery, and MRI-compatible robotics.

Piezoelectric Actuator Market: Prominent Regions

Asia Pacific is the dominant region of the global piezoelectric actuator market. Growth of the market in the region can be attributed to the significant manufacturing ability of players in the Asia Pacific market to produce piezoelectric actuators for use in aerospace and defense applications. Additionally, increasing expenditure on aircraft modernization and advancement in technologies associated with fighter aircraft are factors projected to propel the global military aircraft sector during the forecast period. Furthermore, growing concerns about national security have led to strengthening of military aircraft fleet across the globe. With this, the demand for piezoelectric actuators is also rising, as various air force agencies worldwide are incorporating piezoelectric actuators into their fighter aircraft. Owing to the aforementioned advantages, adoption of technologically advanced piezoelectric actuators is rising significantly in the aerospace & defense sector in Asia Pacific.

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Moreover, presence of a significant number of well-established manufacturers of piezoelectric actuators in Asia Pacific is expected to boost the market in the region during the forecast period. Additionally, countries in North America are focusing on the adoption of piezoelectric actuators in order to strengthen manufacturing & processing and automotive industries in the region. The U.S. is home to several well-established players that design and offer piezoelectric actuators. Rising demand for piezoelectric actuators in the manufacturing & processing sector in North America is anticipated to drive the piezoelectric actuator market in the region during the forecast period. The market in Europe is estimated to witness prominent growth during the forecast period. The piezoelectric actuator market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

Piezoelectric Actuator Market: Key Players

Key players operating in the global piezoelectric actuator market are APC International Ltd., Cedrat Technologies, CeramTec GmbH, CTS Corporation, TDK Corporation, Johnson Matthey, Kinetic Ceramics, Murata Manufacturing Co. Ltd., Tokin Corporation, NGK Insulators, PCB Motor Ltd., Physik Instrumente (PI) GmbH & Co. KG., Piezomechanik GmbH, Steminc (STEINER & MARTINS, INC.), Thorlabs Inc., Ningbo Best Group Co., Ltd., Hanse-john Electronics Co., Ltd, Piezo Hannas (Wuhan) Tech Co Ltd., and Sinocera Piezotronics, INC.

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