New York, According to a new market research report published by Global Insight Services “Linear Motion Market” is expected to grow by 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.
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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.
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.
- The growing demand for automation in manufacturing applications around the world is boosting the market’s prospects. Due to quality inspection requirements, increased precision, adaptability, reliability, and efficiency, linear motion systems are widely used.
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Market Segmentation
The linear motion market can be segmented into industry, component, type, and region. By industry, the market can be divided into automotive, semiconductor, healthcare, food processing, and others. By component, the market can be divided into actuators, ball screws, linear guides, and linear motors. By type, the market can be divided into single-axis and multi-axis. By region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Companies
The linear motion market includes players such as Nippon Thompson Co., Ltd.(JP), Altra Industrial(US), Timken Company(US), Bosch Rexroth AG(DE), Thomson Industries Inc.(US), Lintech(JP), Bishop-Wisecarver(US), Schneeberger AG(CH), Rollon Spa(IL), and Ewellix AB(SW).
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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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