The latest research study “Linear Motion System Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global linear motion system market reached a value of US$ 9.51 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 14.29 Billion by 2027, exhibiting a CAGR of 6.80% during 2022-2027.
Multiple automatic components that permit free motion in a single direction are included in a linear motion system. To accommodate various manufacturing requirements while maintaining high precision and speed, it has a number of controllers. It also includes a drive to help move the weight, a guiding system to handle the load, and sealing to shield the system’s internal components. These characteristics have led to the widespread use of linear motion systems in transportation and other processes, including printing, scanning, and product packaging in the semiconductor, food and beverage (F&B), and automotive industries.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Linear Motion System Market Trends and Drivers:
The market is primarily driven by the escalating demand for automation in manufacturing applications across the globe. In addition, the rising product adoption in the healthcare industry for lab testing applications, such as computed tomography (CT), magnetic resonance imaging (MRI), scanners, and X-ray machines, represent another major growth-inducing factor.
Besides this, the growing integration of advanced technologies, such as the Internet of Things (IoT) and machine learning (ML), have enabled users to capture machine data, monitor and analyze system performance, and ensure timely maintenance and early detection of problems.
This, coupled with the implementation of various government initiatives to promote advancements in the information technology (IT) infrastructure, is creating a favorable market outlook across the globe.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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Global Linear Motion System Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Bosch Rexroth AG (Robert Bosch GmbH), Ewellix AB, HepcoMotion, HIWIN Corporation, Lintech Corporation, Nippon Bearing Co. Ltd., NSK Ltd., Pacific Bearing Company, Rockwell Automation Inc., Schneeberger Group, THK Co. Ltd. and Thomson Industries Inc. (Altra Industrial Motion).
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The report has segmented the market on the basis of region, type, component and end use industry.
Breakup by Type:
- Single-Axis Linear Motion System
- Multi-Axis Linear Motion System
Breakup by Component:
- Linear Axes
- Actuators and Motors
- Linear Tables
- Linear Guides
- Linear Modules
Market Breakup by End Use Industry:
- Electronics and Semiconductor
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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