Linear Motor System Market Overview
The global linear motor systems market is estimated to grow continually in the next few years. Market Research Future (MRFR) asserts that by the end of 2030, the global linear motor systems market is expected to reach USD 2.13 billion, growing at a 6.1% CAGR during the review period (2020-2030). MRFR also predicts that the market will expand at a phenomenal CAGR from 2020 to 2030.
Increasing applications of linear motor systems in various industries, including automotive, semiconductors, robotics, and electronics. Besides, the penetration of industrial automation worldwide substantiates the market demand. The increasing adoption of linear motor systems in burgeoning electronics, semiconductors, and packaging sectors escalates the market growth.
The market rise is largely dependent on automobile sales and production. Also, the rising usage of linear motor systems across the end-use industry substantiates the market value. Technological upgrades in linear motor systems accelerate market revenues. Additionally, the increasing market penetration of lightweight vehicles and the rapidly growing automobile industry worldwide foster the growth of the market.
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Global Linear Motor Systems Market – Segments
This market is segmented into types, applications, and regions. The type segment is sub-segmented into cylindrical linear motor, U-channel linear motor, flat-type linear motor, and other systems. The applications segment is sub-segmented into automotive, electronics, semiconductor, packaging, machine tool, robotics, printing, medical, and others. The region segment is sub-segmented into the Middle East & Africa, Americas, Asia Pacific, Europe, and rest-of-the-world.
Linear Motor Systems Market – Regional Analysis
The Asia Pacific region dominates the global linear motor systems market. The region is a hub for semiconductor technologies, driving the linear motor market. Besides, the rising linear motor applications in wafer & dies level packaging, lithography, process control, and test & control equipment accelerate the region’s market shares. Moreover, the boom in the manufacturing industries in the region boosts the growth of the market.
The presence of burgeoning automotive, electronics, and semiconductor industries in the region influences market growth. Linear motor industries in China, Japan, Taiwan, and South Korea contribute to the regional market exponentially. The APAC linear motor market is projected to retain its dominance throughout the estimated period.
Global Linear Motor Systems Market – Competitive Analysis
The linear motor systems market witnesses significant strategic initiatives, such as collaboration, mergers & acquisitions, expansion, and advanced technology integration. Matured industry players make strategic investments in driving research and development activities and expansion plans. The market witnesses several innovative product launches and related technology launch each year.
Players leading the linear motor systems market include ETEL SA (Switzerland), Aerotech Inc. (US), Moog Inc. (US), ESR Pollmeier GmbH (Germany), Beckhoff Automation (Germany), H2W Technologies Inc. (US), Sanyo Denki Co. Ltd. (Japan), Yaskawa Electric Corporation (Japan), Kollmorgen Corporation (US), Jenny Science AG (Switzerland), Sodick Co., Ltd. (Japan), NTI AG LinMot (Switzerland), Oswald Elektromotoren GmbH (Germany), FANUC Corporation (Japan), and KML Linear Motion Technology GmbH (Austria), among others.
Industry/Innovation/ Related News:
October 28, 2020 —– Moticont (the US), a leading global motion control company, launched a miniature linear voice coil motor, adding more linear DC motors to its LVCM line of linear voice coil actuators. Moticont designs and manufactures linear motors, positioning stages, and fully integrated single/multi-axis positioning systems, including Voice Coil. The new LVCM-016-010-01 is a miniature brushless DC servo actuator that has high acceleration/deceleration and low inertia.
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Linear Motor Market, by Type (Cylindrical Linear Motor, U-channel Linear Motor, Flat-type Linear Motor), by Application (Automotive, Electronics, Semiconductor, Packaging, Machine Tool, Robotics, Printing, Medical, Others) — Forecast till 2030
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