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The market growth is driven by increasing automation across industries, where these actuators enable micron-level positioning in manufacturing equipment. While the industrial sector remains the dominant application, emerging opportunities in medical devices and optical instrumentation are creating new growth avenues. Major players like TDK and Murata Manufacturing continue to innovate, with recent developments focusing on enhanced durability and thermal stability for extreme operating conditions.
Global Low Voltage Piezoelectric Stack Actuator market was valued at USD 323 million in 2024. The market is projected to grow from USD 338 million in 2025 to USD 484 million by 2032, exhibiting a CAGR of 5.9% during the forecast period. CAGR of 5.9% (2024 – 2032)
Rotary Motors
Linear Motors
Servo Motors
DC Motors
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• ELANTAS (Germany)
• Henkel Loctite (Germany)
• Dow Corning (U.S.)
• Huntsman Corporation (U.S.)
• EFI Polymers (U.K.)
• Evonik Industries (Germany)