Linear Motion System Market: Current Analysis and Forecast (2022-2028)

Global Linear Motion System Market is expected to grow at a significant rate of around 5% during the forecast period. A system that permits free travel in a single direction is the Linear Motion System. The system handles and moves loads while also acting as a seal to safeguard the internal workings of the mechanical system. To suit a wide range of manufacturing needs while keeping a high level of precision and speed, it contains a wide range of components and controllers. It is extensively used in the shipping and packing of goods in a variety of sectors, including semiconductors, food & drink, automotive, and others. The increasing demand for the linear motion system in the automotive industry, in response to the advancement in manufacturing technologies, is the major factor contributing to driving the growth of the market. In addition, the rising need for the miniaturization of electronic devices in the semiconductor sector is another factor propelling the market growth.

Bosch Rexroth AG, SCHNEEBERGER Group, Ewellix, Hiwin Corporation, Thomson Industries Inc, Nippon Bearing Co. Ltd, NSK Ltd, HepcoMotion, THK Co. Ltd and The Timken Company are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report:

"Amongst end-users, automotive category to witness higher CAGR during the forecast period"

Based on end-user industry, the linear motion system market has been classified into automotive, electronics and semiconductors, manufacturing, aerospace, healthcare, packaging, and others. To automate performance, lead screws and other linear motion components-such as electronic linear actuators-are used more commonly in automobile applications. Because they provide precise movement and high repeatability, linear motion systems are essential in the manufacturing processes used in the car industry. Transport, positioning, handling, sorting, and material provisioning on the production line are examples of general uses. In addition, the adoption of technology like linear actuators, which allow vehicles to open and close vents, windows, and sliding doors, is anticipated to be sped up by automation in the sector.

"Amongst system, the single axis to hold a significant share in the market in 2020"

Based on system type, the market is segmented into single axis and multi axis. The single axis segment is expected to hold a significant share in the market. The vendors in the market are focusing on manufacturing sophisticated motion control solutions according to the requirements of automation designers. For instance, in September 2020, Haydon Kerk Pittman launched the MiniSlide MSA series of linear actuators predesigned to offer single-axis linear motion. In addition, the product is designed to provide a compact and low profile, with a stable platform and two motor options, such as a 20 mm, 19000 series can-stack linear actuator and a 21mm, size eight hybrid linear actuator. Further, the incremental advancement in technology, coupled with a sustained increase in the development of manufacturing facilities, is driving the automation of material or product handling. This is driving the need for various single-axis motion linear systems.

"Europe to grow with high CAGR during the forecast period"

Europe is expected to grow at a substantial CAGR rate during the forecast period. The largest makers of automobiles worldwide are found in the European Union. The industry stands for the largest private investment in research and development. The European Commission encourages international technical harmonization and provides funding for research and development efforts to increase competition in the automobile sector and maintain its technological leadership.

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Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

The study comprehensively covers the market across different segments.

Deep dive regional level analysis of the industry.

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