MARKET OVERVIEW
Piezoelectric actuators are transducers that convert electrical energy into mechanical displacement or stress or vice versa based on the piezoelectric effect. Since the output displacement of piezoelectric ceramic actuators based on a single piezoelectric ceramic chip is relatively small, a certain process is often used to stack multiple piezoelectric ceramic chips and electrodes to form a piezoelectric ceramic stack actuator to increase the output displacement.
MARKET SIZE & GROWTH
• The global Piezoelectric Ceramic Stack Actuator Market was valued at $871 million in 2024.
• It is projected to reach $1,364 million by 2031.
• The market is expected to grow at a CAGR of 7.0% during the forecast period.
