Global Magnetostrictive Actuator Market 2023-2030

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    Because they represent one of the applications of magnetostriction, one of the earliest identified smart behaviours of materials, magnetostrictive actuators (MA) play a significant part in the perception of utility of smart materials and devices.


    Little ferromagnetic particles make up a magnetostrictive substance. Due to their partially filled “3d” shells, these ferromagnets, which are often made of iron, nickel, or cobalt, have modest magnetic moments. Electromagnetic energy can be transformed into mechanical energy and vice versa using magnetostrictive materials.


    It is possible to build sensors that measure a magnetic field or recognise a force using this effect. The material would experience a strain that could be measured as a result of the applied magnetic field or force.




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    The Global Magnetostrictive actuator market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.



    A magnetostrictive actuator consists of a magnetostrictive component that lengthens when a magnetic field is applied, a translating component mechanically attached to the magnetostrictive component to translate the change in length into the desired action, and a selectively-energised coil surrounding the magnetostrictive component to apply a magnetic field to the magnetostrictive component and thereby selectively change the length of the magnetosphere


    The cryogenic magnetostrictive materials are used in the creation of the creative actuators of this innovation. At cryogenic temperatures, the favoured magnetostrictive material experiences the largest strains.


    These strains, which are close to 0.63%, are higher than those permitted by piezoelectric materials at the 20–60 K design working temperatures for the NGST. In order to stretch the magnetostrictive material and produce the desired movement, the innovation also uses electrical coils to supply the controllable strength magnetic field.


    The capacity to precisely shape and position the optical surfaces of the NGST is mainly dependent on the current that flows to the actuator. A special actuator control system that operates at cryogenic conditions and is based on commercially available electronics is used to fulfil this requirement.


    By reducing internal resistance by a factor of 15 to 30, this cryogenic operation gives the actuators a high efficiency current source with an accuracy of 10 ppm.





    1. How many Magnetostrictive actuators are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Magnetostrictive actuator and key vendor selection criteria
    3. Where is the Magnetostrictive actuator manufactured? What is the average margin per unit?
    4. Market share of Global Magnetostrictive actuator market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Magnetostrictive actuator in-house
    6. key predictions for next 5 years in Global Magnetostrictive actuator market
    7. Average B-2-B Magnetostrictive actuator market price in all segments
    8. Latest trends in Magnetostrictive actuator market, by every market segment
    9. The market size (both volume and value) of the Magnetostrictive actuator market in 2023-2030 and every year in between?
    10. Production breakup of Magnetostrictive actuator market, by suppliers and their OEM relationship


    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
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