Global Ultrasonic Motor Market is anticipated to reach US$XX billion by 2027 from US$XX in 2020, at a CAGR of XX% during the forecast period.
Ultrasonic motor refers to an electric motor formed from the ultrasonic vibration of the stator the rotor or slider, components placed against each another. The motor is driven by the vibration of piezoelectric elements, which produces force for rotation or horizontal movement. Recently, piezoelectric ultrasonic motors are becoming popular in many applications as they are characterized by high torque at low rotational speed offering good controllability in simple mechanical design. Ultrasonic motors are increasingly gaining attraction due to the flexibility of miniaturization as compared to conventional electromagnetic motors. The compact size of ultrasonic motors makes it find wider applications in many industries such as information systems and the medical sector.
The study includes a detailed market assessment. It does so by in-depth qualitative perspectives, historical evidence, and market size verifiable predictions. Using validated research methodologies and assumptions, the predictions featured in the study have been derived. The research report thus serves as an analysis and information for all aspects of the market, including, regional markets, technologies, by applications.
Global Ultrasonic Motor Market Dynamics:
Several benefits offered by the ultrasonic motor such as simplicity in design, high efficiency, zero magnetic interference, energy savings, and silent operation are responsible for the global market growth. Additionally, a surge in the demand for ultrasonic motors from diagnostic ultrasound for three-dimensional (3D) and four-dimensional (4D) imaging followed by increased use in various other therapeutic and surgical fields are resulting to grow product demand. In addition, worldwide rising the trend of photography is fueling the demand for cameras, thus driving the ultrasonic motor market growth. On the other hand, the requirement of suppression of heat, high-frequency power supply, and unreliability with environmental changes such as pressure, humidity, and the temperature is restraining the global ultrasonic motor market growth.
Similarly, Global Ultrasonic Motor Market drivers and restraints are covered in the MMR report by region since each region has different market dynamics. Demand drivers and restraints are covered in a separate chapter by keeping the user’s convenience in mind. Drivers are divided into demand-side drivers and supply-side.
Global Ultrasonic Motor Market Segment Analysis
Global Ultrasonic Motor Market
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By product type, global Ultrasonic Motor market is categorized into traveling wave type, standing wave type, and vibrating reed type. The traveling wave type segment produced a considerable share of US$ XX Mn. in the global ultrasonic motor market. Based on application, the market is divided into the camera, roll screen, medical equipment, semiconductor production device, and robot & a manipulator. The medical equipment segment is expected to grow with the highest CAGR of XX% during the forecast period, due to the increased demand for the product from the medical industry. Ultrasonic motors are widely used in surgical devices, laser beam steering devices, ultrasonic emitters, and in 3D scanners, which is predominantly responsible for the growth of the respective segment.
Global Ultrasonic Motor Market Regional Insights
Global Ultrasonic Motor Market 1
Asia Pacific held the largest market share of US$ XX Mn. in 2020 and is expected to maintain its supremacy during the forecast period. The high adoption of ultrasonic motors in various industries such as automotive, aerospace, medical, and defense is driving the market growth in the region. The large contributions of the Asia Pacific market originated from the developing economies such as India, China, Japan, and South Korea. North America, Europe, and MEA are likely to produce a considerable share in the global ultrasonic motor market.
The objective of the report is to present a comprehensive analysis of the Global Ultrasonic Motor Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Ultrasonic Motor Market dynamics, structure by analyzing the market segments and project the Global Ultrasonic Motor Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Ultrasonic Motor Market make the report investor’s guide.
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Global Ultrasonic Motor Market, by Product Type
• Travelling Wave Type
• Standing Wave Type
• Vibrating Reed Type
Global Ultrasonic Motor Market ,by Application
• Camera (AF, Zoom, Rotary Work Platform)
• Roll Screen (Curtain)
• Medical Equipment (MRI, Prosthetic Limb for Rehabilitation)
• Semiconductor Production Device (X-Rays Exposure)
• Robot And A Manipulator
Global Ultrasonic Motor Market ,by Region
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Global Ultrasonic Motor Market Major Players
• Canon Inc.
• Ricoh Company Ltd.
• Micromechatronics, Inc.
• Nikon Corporation
• SHINSEI Corporation
• Technohands Co., Ltd.
• Piezoelectric Technology
• Nidec Corporation
• SIGMAKOKI Co. Ltd.
• Dynamic Structures and Materials, LLC
• Fukoku Co., Ltd.
• Tamron Co. Ltd.
• APC International Ltd.
• OLYMPUS Corporation
• Physik Instrumente (PI) GmbH & Co. KG.
• Seiko Instruments
• Sony Corporation
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