Linear motion system are commonly used in single-axis and multi-axis variants and they can be non-motorized or motorized, based on the mechanism. Linear motion systems comprise of a guide system for handling the load, a drive that helps in moving the load, and sealing to protect the inner parts of the system.
Statistics:
The global linear motion system market is estimated to account for US$ 10.15 Bn in terms of value by the end of 2022.
Drivers:
The introduction of digital solutions by large automation companies for the digital transformation of industries is expected to boost the growth of the global linear motion system market. For instance, in September 2021, Siemens introduced Xcelerator as a service. Xcelerator is an integrated portfolio of engineering services, software. It is an application development platform that combines technologies present in the industry to make industrial customers’ digital transformation goals a reality.
Opportunity:
The rise in customization and industry-specific designs due to different needs in industry is expected to boost the growth of the global linear motion system market. For instance, lab equipment and automation designers are projected to fit sophisticated motion control solutions in compact spaces. Therefore, these device makers need solutions that are uniquely suited for their application while being economically evaluated.
Recent Development:
In February 2021, the Bosch Rexroth BSHP and the screw assemblies gain up to 200 million revolutions with the fundamental factory lubrication. The product covers till 20,000km prior to the first relubrication. Moreover, the product is under the license entry zone and gains the minimal precision and the fluctuations of the friction force.
To know the latest trends and insights prevalent in the Global Linear Motion System Market, click the link below:
https://www.coherentmarketinsights.com/market-insight/linear-motion-system-market-5083
Restraint:
Guides are attached to the base to facilitate motion. Ball guides transmit the heaviest payloads and have the highest stiffness. Their single or dual-axis configurations move with less friction. This acts as a disadvantages and also includes the higher cost and the noise which is expected to hamper the growth of global linear motion system market.
Global Linear Motion System Market - Impact of Coronavirus (Covid-19) Pandemic
The Covid-19 outbreak has interrupted the economy and has drastically changed the way the industries and the organizations work daily. With the work from home rules and regulations that have been executed and the continuity to propagate various organizations have evaluated and revised response plans for the productivity.
Key Takeaways:
The global linear motion system market was valued at US$ 9.38 Bn in 2022 and is forecast to reach a value of US$ 18.8 Bn by 2030 at a CARG of 8.1% between 2022 and 2030.
Manufacturing Segment held the dominant position in the global Linear motion system market in 2022, accounting for 8.1% share in terms of value, increasing approval and launch of new products is expected to propel the growth of the segment during the forecast period.
Key Trends/Takeaways:
Trend 1:
The large-scale integration of the IoT and ML have allowed users to capture machine data, monitor and analyze system performance, and allow timely maintenance and early detection of problems, which is propelling the growth of global linear motion system market.
Trend 2:
The rising product demand in the lab testing applications, such as magnetic resonance imaging, computed tomography scanners and X-ray machines, is showing a positive market growth. Further, the implementation of several government initiatives for promoting developments in the information technology infrastructure, is anticipated to drive the growth of the global linear motion system market.
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.
