Linear Motion Systems Market Assessment and Key Insights Analyzed till 2028
Linear motion systems typically utilize the screw mechanism to transfer rotatory movements into linear movements.
[UKPRwire, Tue Jul 30 2019] Shift in technology from pneumatic and hydraulic systems towards electromechanical systems to meet the demand for flexibility, reliability, higher precision, and greater efficiency with reduced energy use. The aforementioned reasons are expected to propel the demand for linear motion systems and this, in turn, will push the growth of the Linear Motion Systems Market. Further, the growing trend of machinery to facilitate greater efficiency is expected to continue and sustain industrial growth, especially in the Americas and Europe.
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Linear motion systems typically utilize the screw mechanism to transfer rotatory movements into linear movements. Linear motion systems are primarily utilized in various applications, such as the material handling technology in light duty machining works in wood, plastic and aluminium sectors. Linear motion systems find various usages in packaging, transportation, pick and place and palletizing in material handling across various end-use industries. Deployment of systems in these applications delivers seamless and agile processing, thereby reducing the requirement of maintenance. The linear motion systems market has witnessed chronological developments with respect to system design and regular updating of technologies incorporated in devising a more accurate and an efficient system.
Further, growing automotive sales and increasing vehicle parc has resulted in increasing carbon emission, which makes automotive sector a key contributor to the greenhouse effect. As a result, various agencies have created regulations for the development of vehicles and green technologies that are fuel efficient. This, in turn, will escalate the demand for linear motion products, such as roller screws and ball screws, etc.
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With the ever increasing contraction of electronics, equipment manufacturing has also deteriorated. Thus, the manufacturers of linear motion systems are focussing on the development of products that are small, maintenance-free as well as eliminate the need for re-lubrication. This is anticipated to be one of the key trends identified in the market over the near future. Another trend in the market is that the manufacturers are developing industry 4.0 components that are applicable to enterprise-level connectivity.
Considering regions, the global linear motion systems market is expected to be strongly dominated by the Asia-Pacific region. Owing to the growing end-use industries across India and China, the demand for linear motion systems is expected to rise continuously. Europe is anticipated to follow the Asia Pacific in the market in terms of demand. North America is expected to account for a small share in the market. However, it is expected to grow at a significant rate in the market in near future. Slow growth in end-use industries across countries, such as Mexico, Brazil etc., is the key factor affecting the demand for linear motion systems in the Latin American region.
Examples of some of the market participants involved in the global Linear Motion Systems market are Parker Hannifin Corp., Thomson Industries, Inc., Bosch Rexroth AG, NSK Ltd., Kollmorgen, AB SKF, Lintech, THK CO., LTD, Hiwin Corporation, LINAK, Rollon S.p.A., NIPPON BEARING CO., LTD., Progressive Automation Inc. and Bishop-Wisecarver.
The global linear motion systems market is expected to be partly fragmented in nature owing to the presence of various regional as well as global players across the globe. Key manufacturers of the linear motion systems have been found to be involved in bringing technological innovations to their products to enhance their market presence. The value chain of the typical linear motion systems market include system manufacturers and integrators along with equipment distributors governing the sales scenario with considerable trade margins.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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