The global linear motion systems market will be driven by increased demand from the automotive industry during the forecast period 2022-2027

Expert Market Research’s new report titled “Global Linear Motion Systems Market Report and Forecast 2022-2027′, gives an in-depth analysis of the Linear Motion Systems Market, assessing the market based on its segments such as type, end-user industry and major regions. The report tracks the latest industry trends and studies their impact on the market in general. It also assesses market dynamics, covering major demand and price indicators, while analyzing the market based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2017-2027)

  • Historical market size: $3.45 billion
  • Forecast CAGR (2022-2027): 4.83%
  • Expected market size: 4.57 billion USD

Based on the end-user industry, the automotive industry is expected to hold a major market share over the forecast period. This can be attributed to the rapid adoption of linear motion systems in the automotive industry, which helps achieve smooth and agile processing. Several linear motion systems are well suited for applications that require speed and precision, increasing their industrial demand.

Additionally, increased demand for transportation is expected to drive the market growth over the forecast period. Meanwhile, the growing demand for linear motion systems in the manufacturing industry is expected to fuel the market growth in the coming years.

Industry definition and major segments

Linear motion systems, also known as linear motion bearings, are devices that can only move in one direction and come in a variety of designs. These systems can be motorized or not, allowing linear movement. They are suitable for use in slides, stages and machine tables. Handling and packaging, food processing, factory automation, and printing and scanning operations are just a few of the major applications of linear motion systems.

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The global linear motion systems market can be segmented on the basis of end-user type and industry.

Based on type:

  • Single axis linear motion system
  • Multi-axis linear motion system

Based on end user industry:

  • Automotive
  • electronics and semiconductor
  • Manufacturing
  • Aerospace
  • Health care
  • Others

Based on regional markets, the linear motion systems industry segmentation includes North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Market trends

The growing need for automation in manufacturing applications globally is bolstering the market outlook. Linear motion systems are frequently used due to their ability to meet quality inspection criteria, as well as their increased accuracy, adaptability, reliability and efficiency. Additionally, the growing awareness of the greenness of linear motion systems has accelerated their acceptance in a variety of industry verticals, including automotive, packaging, and manufacturing. This, in turn, contributes to the reduction of carbon emissions, thereby promoting the growth of the market. Apart from this, the widespread adoption of Internet of Things (IoT) and Machine Learning (ML) has enabled users to collect machine data, monitor and evaluate system performance, and ensure prompt maintenance and early identification of faults, all of which fueled the rise in the market. Additionally, the growing need for laboratory testing equipment in the healthcare industry such as magnetic resonance imaging (MRI), computed tomography (CT) scanners and X-ray machines is positively driving the growth. of the market. Additional factors such as the rapid growth of the automotive industry and the implementation of different government initiatives to advance information technology (IT) infrastructure are expected to propel the market forward.

Main market players

The major market players are Bosch Rexroth AG, Ewellix AB, Hiwin Corporation, Thomson Industries Inc., NSK Ltd. and others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.