Linear Motion Market is expected to reach $5.7 bn by 2031, growing at a CAGR of 5.3% between 2021-2031.
Global Linear Motion Market report from Global Insight Services is the single authoritative source of intelligence on Linear Motion Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. 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.
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Covid-19 Impact Analysis:
Due to the global spread of the covid-19 epidemic, the market is undergoing a challenging period. Various manufacturing businesses are experiencing work stoppages or labor shortages as a result of heavy restrictions and lockdowns. The work-from-home culture has reduced the need for staff management, which has had an impact on the demand for Linear Motion Systems across a variety of end-user sectors. Furthermore, with the market now in a recovery phase, the Linear Motion Systems Market’s scope of expansion will undoubtedly be expanded.
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.
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
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