According to a new market research report published by Global Insight Services “Linear Motion Market is expected to reach $5.7 bn by 2031, growing at a CAGR of 5.3% between 2021-2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Linear motion is a subset of motion control that includes linear motors, linear actuators, and linear rolling guides and bearings, among other things.
Traditional linear motors are essentially a rolled-out and flattened permanent magnet rotary motor. When the motor’s stationary part is powered, the moving part, which contains some form of conductive substance, moves.
The advantages of linear motors include high speeds and quick response times, great precision and stiffness, and the removal of backlash due to the lack of mechanical transmission components.
Linear motors, on the other hand, can be more expensive than other standard alternatives. They also want more responsiveness from controllers, such as faster bandwidth and update rates. Linear motors are also not capable of producing as much force as other solutions, such as ball screws. Another concern could be heating caused by I2R losses, which would necessitate additional cooling considerations.
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Key Companies:
- Nippon Thompson Co., Ltd.
- Altra Industrial
- Timken Company
- Bosch Rexroth AG
- Thomson Industries Inc.
- Lintech
Key Trends and Drivers:
- The automotive industry’s rapid growth and widespread usage is expected to be the primary driver of the Linear Motion Systems Market Size. The automation industry, with its high adoption of linear motion systems, is also likely to play a key role in the market’s growth.
- LMS will benefit greatly from the fast development in demand for energy-efficient and environmentally friendly vehicles in the automotive sector.
- Machine components, such as linear motion goods, are being shaped by the industrial automation with integrated technologies, such as IIoT and IoT implications, for data collecting. Capturing machine data provides for system performance monitoring and analysis, as well as early discovery of any faults.
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Market Segmentation:
By Industry:
- Aerospace
- Automotive
- Medical and Pharmaceutical
- Machining Tools
- Semiconductor & Electronics
- Food & Beverages
By Component:
- Actuators
- Ball Screws
- Linear Guides
- Linear Motors
By Type:
- Single-axis linear motion system
- Multi-axis linear motion system
Reasons to buy Linear Motion Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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With Global Insight Services, you receive:
- 10-year forecast to help you make strategic decisions
- In-depth segmentation which can be customized as per your requirements
- Free consultation with lead analyst of the report
- Excel data pack included with all report purchases
- Robust and transparent research methodology
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
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