Linear motion system consists a range of components and controllers to meet a vast range of manufacturing requirements along with maintenance of high level of accuracy and speed. It is mostly used in the transportation and packaging of products in industries such as semiconductors, F&B, automotive, and others.
To satisfy the needs for higher precision, flexibility, reliability, and greater efficacy while using less energy, there is a shift in technology from pneumatic and hydraulic systems which is expected to drive the growth of the global linear motion system market. Linear motion system manufacturers are focusing on the creation of tiny, maintenance-free devices which do not need publication. This factor is expected to propel the growth of the global linear motion system market.
On contrary, the linear motion system is not suitable for mass production due to high material wastage and customized needs which is anticipated to hinder the growth of global linear motion system market.
Key features of the study:
- This report provides in-depth analysis of the global linear motion system market, and provides market size (US$ 9.38 Bn) and compound annual growth rate (8.1%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global linear motion system market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Major companies operating the global linear motion system market are Hiwin Corporation, Bosch Rexroth AG, The Timken Company, Schneeberger Group, Rockwell Automation Inc., Ewellix AB, THK Co. Ltd, Thomson Industries Inc., Parker Hannifin Corporation, Nippon Bearing Co. Ltd, HepcoMotion Inc., Lintech Corporation and NSK Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global linear motion system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global linear motion system market.
- Global Linear Motion System Market, By Type:
- Single-axis Linear Motion System
- Multi-axis Linear Motion System
- Global Linear Motion System Market, By End-User Industry:
- Electronics and Semiconductor
- Other End-user Industries
- Global Linear Motion System Market, By Geography:
- North America
- Latin America
- Middle East & Africa
- Company Profiles:
- Bosch Rexroth AG
- Schneeberger Group
- Ewellix AB
- Hiwin Corporation
- Thomson Industries Inc.
- Nippon Bearing Co. Ltd
- NSK Ltd
- HepcoMotion Inc.
- THK Co. Ltd
- The Timken Company
- Rockwell Automation Inc.
- Parker Hannifin Corporation
- Lintech Corporation