Micro Actuator Market Size and Growth
The global Micro Actuator market is expected to reach a value of $2.5 billion by 2025, with a CAGR of 6.8% during the forecast period. Rising demand for miniaturized components in consumer electronics and automotive sectors is driving market growth. Key players include Micropen Technologies, Physik Instrumente, and Johnson Electric.
Request Sample Report
Companies Covered (Covid 19 Impact Covered)
◍ IBM
◍ ST Microelectronics
◍ Agilent
◍ Stmicroelectronics
◍ NanoSniff Technologies
◍ SAES Group
The competitive landscape of Micro Actuator Market includes companies like IBM, ST Microelectronics, Agilent, Stmicroelectronics, NanoSniff Technologies, and SAES Group. These companies utilize micro actuators for various applications such as MEMS sensors, medical devices, and consumer electronics, contributing to the growth of the market.
- IBM: $77.1 billion
- ST Microelectronics: $8.222 billion
- Agilent: $5.2 billion
Request Sample Report
