Global Linear Motion System Market size was valued at US$ 11.92 Bn in 2019 and is expected to reach US$ 19.28 Bn by 2027 to exhibit a CAGR of 6.2 % during the forecast period.
The objective of the report is to present a comprehensive assessment of the Market and contains thoughtful insights, facts, historical data, industry-validated Market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global Linear Motion System Market dynamics, structure by identifying and analyzing the Market segments and project the global Market size. Further, the report also focuses on the competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global Linear Motion System market.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
A linear-motion system is a designed to offer free motion in one direction. Linear motion systems contain linear motion bearings, slides, and rails as components, and are used in a wide variety of applications. Linear motion products contain ball screws, slide rails, roller tables, ball slides, ball splines, guides, actuators, cross roller guides, and lead screws.
Growing need for quality inspection and automation, reduced time-to-market, growing demand for high accuracy and repeatability in industrial processes and rising demand for miniaturization of electronic devices in the semiconductor industry are key factors driving the growth of this market. High cost of installation for low-volume production are hampering the growth of the market. Lack of skilled manpower to handle composite processes in automation field are the major challenges to the growth of the market.
The opportunities for the global Linear Motion Systems market is generating due to growing mergers & acquisitions about linear motion technology products, increasing investments in industrial automation and robotics and government initiatives to support industrial automation. Multiprocess systems is projected to grow at faster rate during forecast period because multiprocess systems are designed according to customers’ needs to carry out a wide array of different tasks, like pick-and-place, palletizing, material transfer, de-stacking, and so on. These systems are also designed to construct and test whole assembly, and then, the completed unit.
are installed in a factory. These systems remove backlash to permit fast acceleration and high-speed operations and rise reliability to complete multiple tasks. Therefore, these systems are chosen more than single process systems in many industries to minimize process time and cost.
Automotive industry segment is projected to grow at highest rate during the forecast period because of the automotive industry is one of the fastest growing industries in the linear motion system market. The automotive industry has been experiencing speedy growths in terms of production and manufacturing technology. Automotive manufacturers are upgrading systems by adding examination and networking capabilities and catching benefit of integration to produce a better, cheaper product in less time. The linear motion systems are used in linear rail guides, linear motors, controllers, and linear actuators worldwide. Hence these components help to improve the efficiency of production and manufacturing facilities in the automotive industry.
Also the medical industry segment is expected to dominate the market during the forecast period owing to the increasing demand of linear motion system in medical devices such as CT scanners, blood-testing equipment and milling machines etc. In the medical industry, medical devices regularly employ linear motion components and motors to support in the movement and positioning of medicine manufacturing machines
APAC is expected to continue to hold the largest share of the whole linear motion system market, during the forecast period owing to developing countries in APAC, including China and India, are indorsing dynamic changes in the adoption of new technologies and developments in the manufacturing sector and massive government initiatives for IT infrastructure developments. These factors lead to the progress of APAC in the market. The region is extremely focused on adopting new technologies in almost every business sector and is more vested in technologically innovative, cost-effective solutions. Japan also accounts for a major adoption of linear motion systems.
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Scope of the Global Linear Motion System Market
Global Linear Motion System Market, by Type
• Single Process Systems
• Multiprocess Systems
Global Linear Motion System Market, by Industry
• Semiconductor & Electronics
• Machining Tools
• Food and Beverages
Global Linear Motion System Market, by Region
• North America
• Middle East & Africa
• South America
Key Players operating in the Global Linear Motion System Market
• Rockwell Automation
• Automation Tooling Systems
• Robert Bosch
• Beckhoff Automation
• Timken Company
• Mitsubishi Electric
• Festo AG
• NSK Ltd.
• SKF Motion Technologies
• Pacific Bearing Corporation
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