Linear motion systems are designed to transfer the goods properly and smoothly in a vast range in applications and usage. SDP provides many choices such as an industrial V Guide system, and low profile linear motion system. In this the objects are intended to move along a straight path, this is only when linear motion is shown.
Statistics:
The linear motion system market was valued at US$ 9.38 Bn in 2021 and is forecast to reach a value of US$ 18.8 Bn by 2030 at a CAGR of 8.1% between 2022 and 2030.
Figure 1: Linear Motion System Market Value (US$ Bn) Analysis and Forecast, 2017 - 2030
Key Developments:
In April 2021, the company BOSCH REXROTH AG announced the CytroForce at the Hannover Fair. The theme regulates to squeeze earlier bulky structures into a smart, compact movement for axis, positioning task and the power. CytroForce axes that are designed to meet IP65 protection method are anticipated to fuel many strong fields of the applications as per the company.
In March 2021, Bosch Rexroth declared the Smart MechatroniX solution platform which combines the linear motion technology components with the electronics and the software. The new method that can be used in a wide range of areas are reportedly ensuring the rapid commissioning and the total process is clear for short time-to market and the huge productivity. The smart function kit offers intuitive commissioning and the configuration for a vast range of processes, such as joining and handling.
Market Drivers:
Driver 1:
Increasing demand of automation in primary package is expected to drive the growth of the global linear motion system market. For instance, in June 2020, Rockwell Automation released the iTRAK 5730 small-frame intelligent track system (Linear Motion Control system) for food and beverage packaging. It has a 50-mm minimum pitch that makes it ideal for primary packaging applications, such as flow wrapping, end-load cartooning, and form- fill-and-seal pouching.
Driver 2:
Use of IO-Link in the modern packaging factories is anticipated to fuel the growth of the global linear motion system market. For instance, in January 2021, Linak launched an electric linear actuator with IO-Link for a broad range of applications in automated machinery in packaging. The product guarantees uptime and diagnostic data that permits operators to react quickly to any event slowing down production.
Figure 2: Linear Motion System Market Share (%), By Region, 2021
Market Restraint:
Restraint 1:
The high cost of installation of the machineries is expected to hamper the growth of global linear motion system market. While installing the linear motion system the guides, seals, lubricants, drives are taken into consideration and the cost of these components is impeding the growth of the market.
Restraint 2:
The high demand of products and the delay in supply of the raw materials amidst the covid-19 pandemic is anticipated to hinder the growth of the global linear motion system market. The strict lockdown restrictions led to the low manufacturing of products.
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2021 | Market Size in 2021: | US$ 9.38 Bn |
| Historical Data for: | 2017 to 2020 | Forecast Period: | 2022 to 2030 |
| Forecast Period 2022 to 2030 CAGR: | 8.1% | 2030 Value Projection: | US$ 18.88 Bn |
| Geographies covered: |
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| Companies covered: |
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 |
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| Restraints & Challenges: |
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Market Opportunities:
Opportunity 1
The rising growth in industrialization and rising demand for digital transformation is significantly propelling the growth of global linear motion system market. The functioning of linear motion systems in harsh environmental conditions in the industries is projected to boost the growth of the global linear motion system market over the forecast period.
Opportunity 2:
The rising demand of the linear motion system in healthcare sector is also anticipated to fuel the growth of the global linear motion systems market. Linear motion system were vastly used in automated RT-PCR testing for detection of Covid-19. RT-PCR is a highly sensitive method.
Market Key Takeaways/Trends:
Trend 1:
Linear motion control methods are very importa n t and are anticipated to witness robust growth as they are being utilized to automate the pandemic trial method. Linear motion systems are vastly utilized in the automated RT-PCR tests. The RT-PCR is dependable, hugely sensitive method for the identification of the virus. Hence the usage of the linear motion system is an indicator of rising number of hospital segments.
Trend 2:
The rising use of digital linear motion technology for productivity, flexibility and improved configuration which comprises of software tools, intelligent systems, online services, etc is expected to fuel the growth of the global linear motion market. For instance, Bosch Rexroth Linear Motion eTools permits more accessible linear motion product selection and sizing. These same tools are expected to allow users to select and configure components and include multi-axis systems with speed and simplicity.
Competitive Landscape:
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.
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.
Market Dynamics:
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:
Detailed Segmentation:
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