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| Global Linear Motion System Market Growth |
Linear motion systems are used for reducing friction and increasing precision in
various industrial machines and manufacturing equipment. They are utilized for
linear positioning, feeding, assembly, and other linear motion applications in
industries such as semiconductors, electronics, automotive, packaging, and food
and beverages. Increasing implementation of Industry 4.0, industrial
automation, and robotics are driving the demand for linear motion systems as
they offer advantages such as high precision, repeatability, speed,
consistency, and durability.
The global
Linear Motion System Market is estimated to be valued at US$ 10.96 Bn in 2023 and is expected to exhibit a CAGR of 8.1% over the forecast period
2023 to 2030, as highlighted in a new report published by Coherent Market
Insights.
Market key trends:
The increasing demand for automation in the manufacturing industry has been a
major trend propelling the growth of the linear motion system market.
Manufacturers are increasingly automating production processes to gain
flexibility and efficiency. Linear motion systems play a vital role in
automated assembly and material handling applications. They offer precise
linear motion required for pick and place machines, assembly lines, robotic
arms, and automated guided vehicles (AGVs). Growing emphasis on Industry 4.0
standards and industrial internet of things (IIoT) is expected to further
accelerate the adoption of automation solutions and linear motion systems for
advanced manufacturing over the forecast period.
Segment
Analysis
The linear motion system market is dominated by the linear stage segment.
Linear stages offer precise linear motion in one axis while keeping motion in
other axes to a minimum. They are commonly used in applications such as pick
and place machinery, semiconductor wafer handling, assembly systems and precision
metrology equipment. Their high accuracy and repeatability make them
well-suited for such applications requiring precise positioning. Features such
as long travel ranges, heavy load capacities and innovative carriage designs
have further increased their popularity.
Key Takeaways
The Global
Linear Motion System Market Growth is estimated to be valued at US$ 10.96 Bn in
2023 and is expected to exhibit a CAGR
of 8.1% over the forecast period 2023 to 2030.
Regional analysis: The Asia Pacific region is expected to witness the fastest
growth in the linear motion system market during the forecast period. This can
be attributed to rapid industrialization and growth of the manufacturing sector
in emerging countries such as China and India. The growing electronics and automotive
industries in the region are driving the demand for linear motion systems in
various applications.
Key players: Key players operating in the linear motion system market are Hiwin
Corporation, Bosch Rexroth AG, The Timken Company, Schneeberger Group, Rockwell
Automation Inc., Ewellix AB, THK Co. Ltd, Thomson Industries Inc., Parker
Hannifin Corporation, Nippon Bearing Co. Ltd, HepcoMotion Inc., Lintech
Corporation and NSK Ltd. Hiwin Corporation is one of the largest manufacturers
of linear motion systems and has a strong presence globally. Bosch Rexroth AG
offers a wide range of linear motion products tailored for different industrial
applications.
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