Linear Motion System Market Overview:
According to the latest report by IMARC Group, titled “Linear Motion System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global linear motion system market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global linear motion system market size 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.
A linear motion system includes various automatic devices that enable free motion in a single direction. It comprises several controllers to meet diverse manufacturing needs while maintaining high accuracy and speed. It also consists of a guide system that handles the load, a drive that aids in moving the load and sealing to protect the inner parts of the system. Owing to these properties, linear motion systems are widely used in transportation and other operations, such as printing, scanning, and packaging products in semiconductors, food and beverage (F&B), and automotive industries.
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.
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Global Linear Motion System Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- 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.
- Thomson Industries Inc. (Altra Industrial Motion)
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
- Controllers
- Others
Market Breakup by End Use Industry:
- Automotive
- Electronics and Semiconductor
- Manufacturing
- Aerospace
- Healthcare
- Others
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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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
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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