Comprehensive Report on Global Linear Motion System Market By Knowledge Sourcing Intelligence


Linear Motion System Market: Automotive Industry Projected to Grow at Rapid Pace

Introduction
Linear motion systems are precise, ready-to-install guide and drive systems with a high-performance feature in compact dimensions. They are widely used in many industries due to the diverse number of variants. Linear motion components and motors assist in the movement and positioning of medicine manufacturing machines. Linear motion systems employed as medical equipment should be stable and have a high level of accuracy to ensure reliable results.

Drivers and restraints of Linear Motion System Market
The linear motion system market size is expected to grow at a high growth rate due to the increasing need for quality inspection and automation. The growing demand for miniaturization of electronic devices in the semiconductor industry is expected to drive the linear motion system market growth. Reduced time to market is also boosting the growth of the market. However, the high initial cost of installation and low volume production is expected to act as a restraining factor for the growth of the market. 

linear motion system market

Market Segmentation
According to industry research, the linear motion system market is segmented by type, industry, and region. By type, the market is segmented into a single process system and multi-process system. The multi-process system is expected to have a significant market growth due to its high reliability, reduced cost, and increased performance. By industry, the market is segmented into medical & pharmaceuticals, semiconductors & electronics, food and beverages, machining tools, automotive, and others. The medical & pharmaceuticals segment is expected to have a significant market share due to the booming healthcare sector. The machining tools segment is also expected to have a significant market share owing to the wide usage of linear motion systems for the automation of processes. The automotive industry is expected to grow at a rapid pace on account of the increasing need for inspection due to rapid development in the industry. 

Geographically, Asia Pacific region is projected to account for a significant market share of the global linear motion system market share owing to rapid technological advancements in the emerging economies of the region. Furthermore, rising government initiatives for IT infrastructure developments are further fueling the growth of the market. 

INDUSTRY UPDATE
  • In August 2018, Timken acquired Rollon, a leader in engineered linear motion products.
  • The Schneeberger Group, headquartered in Roggwil, Switzerland, took over the shares in A. Mannesmann GmbH, based in Remscheid, Germany, on October 1, 2017. The company A. Mannesmann is a leading supplier in the field of ball screw production, telescopic actuators and drilling spindles.
  • The linear motion system market is fragmented with hundreds of manufacturers. The players are expanding globally to mirror their customers’ requirements. As a result, they are increasingly integrating with other players. The key players include THK Co., Ltd., NSK Ltd., HIWIN Technologies Corp., Nippon Thompson, Robert Bosch GmbH, Schaeffler Technologies AG & Co. KG, Rockwell Automation Inc., Timken Company, HepcoMotion, and SCHNEEBERGER Group among others.  
Key Questions Answered in This Report:
  • What are the key regions having a significant market share?
  • What are the drivers and restraints of the market?
  • Who are the key market players in the market?
  • What is the market segmentation of the linear motion system market?
  • What are the industries using a linear motion system?

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