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Home ➤ Semiconductor and Electronics ➤ Electronics System and Components ➤ Linear Motor Market
Linear Motor Market
Linear Motor Market
Published date: April 2023 • Formats:
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  • Home ➤ Semiconductor and Electronics ➤ Electronics System and Components ➤ Linear Motor Market

Global Linear Motor Market By Product Type (Cylindrical Type, U-Shaped Slot Type, And Flat Plate Type), By Application (Automotive, Electronics, Food/Beverages, And Other Applications ), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2031

  • Published date: April 2023
  • Report ID: 28753
  • Number of Pages: 203
  • Format:
  • Overview
  • Table of Contents
  • Major Market Players
  • Request a Free Sample
  • Market.us announces the publication of its most recently generated research report titled, “Global Linear Motor Market by Product Type (Cylindrical Type, U-Shaped Slot Type, and Flat Plate Type), By Application (Automotive, Electronics, Food/Beverages, Machine Tools, Material Handling, Medical & Pharmaceuticals, Packaging/Labelling, Semiconductor Machinery, Robotics, Mobile Off Highways, Agricultural and Construction, and Other Applications ), and by Region – Global Forecast to 2029.”, which offers a holistic view of the global linear motor market through systematic segmentation that covers every aspect of the target market.

    The global linear motor market is projected to be US$ 1,318.7 Mn in 2019 to reach US$ 2,093.6 Mn by 2029 at a CAGR of 3.5%.

    A linear motor produces thrust in a straight line by direct induction, rather than with the use of gears. The linear motor offers various advantages over other conventional systems such as stepper motors and hydraulic actuators. These systems are used in applications where accuracy and speed are essential. It is combined with servo controls that offer the high controlling ability, superior accuracy, and repeatability. Linear motor and servo controllers also coordinate easily and cost-effectively in any complex configurations. The velocity of one or multiple electric actuators can be controlled accurately, and can easily blend from one speed to another without stopping or overrunning position. Linear motors offer more flexibility to motion-control capabilities concerning velocity, multiple positions, output force, acceleration, and complex control of motion in variable situations over conventional systems. The mentioned factors are expected to drive the growth of the global linear motors market in near future.

    trending_up Total Revenue in 2018

    $ 1,318.7 Mn

    trending_up Market CAGR of the Next Ten Years

    3.5%

    no_encryption Market Value (US$ Mn), Share (%) and Growth Rate (%) Comparison 2012-2028
    Purchase this report or a membership to unlock the market value (US$ Mn), share (%) and growth rate (%) comparison for this industry.
    • By Type
    • By Region
    • By Application
    no_encryption Leading Companies Financial Highlights
    Purchase this report or a membership to unlock the leading companies financial highlights for this industry.

    trending_up Market Revenue of the Next Ten Years

    $ 2,093.6 Mn

    Increasing applications of linear motors in different industries such as automotive, semiconductor, electronics, and others coupled with several advantages associated with the use of linear motors are expected to drive the growth of the linear motors market during the forecast period.

    Linear motors offer various advantages over other conventional systems such as stepper motors and hydraulic actuators. Linear motors eliminate the need for elastic components such as couplings and gearboxes, which introduce backlash and error in the motion. As they do not depend on mechanical drive parts such as belts, pulleys, ball screws, pinions, and racks, linear motors have much higher accuracy and repeatability, which is expected to enhance the market growth favorably.

    Global Linear Motor Market Revenue (US$ Mn), 2019–2029 global linear motor market revenue 2019–2029

    Demand for consumer electronic devices such as smartphones, convertible laptops, and TVs is increasing significantly, and in turn, leading to the expansion of existing production capacity and the setting up of new production facilities. This, in turn, is projected to drive the growth of the global linear motors market, and particularly revenue growth of two application segments, i.e. semiconductor and electronic segments.

    The high initial investment in the field of linear motors is another factor expected to restrain the growth of the target market over the forecast period. Further, the limited use of linear motors in high-load applications is a major factor expected to hamper the growth of the global linear motor market.

    Rapid growth in pharmaceutical industries in emerging countries is another factor expected to support the growth of the target market. The adoption of linear motors is increasing rapidly for application in scanning & imaging, lab automation, mobility, and patient handling applications, which require very high precision and speed. This is serving as a lucrative growth opportunity for the Linear Motor market

    The global Linear Motor market is segmented based on product type, application, and region. Based on product type, the market is segmented into cylindrical type, u-shaped slot type, and flat plate type. The cylindrical type segment accounts for the majority share and is expected to register the highest growth over the forecast period, followed by the u-shaped slot type. Based on application, the market is segmented into automotive, electronics, food/beverages, machine tools, material handling, medical & pharmaceuticals, packaging/labeling, semiconductor machinery, robotics, mobile off highways, agricultural and construction, and other applications. The electronics sector accounts for a majority share in the global linear motor market followed by machine tools.

    Global Linear Motor Market Attractiveness Analysis by Product Type, 2019global linear motor market attractiveness analysis by product type 2019

    Based on the region, the market is segmented into North America, Europe, APAC, South America, and Middle East Africa. The APAC owns the majority share in the global linear motor market, followed by North America, owing to the robust industrialization in these regions.

    The research report on the global Linear Motor market includes profiles of some of the major companies such as Parker-Hannifin Corporation, YASKAWA Electric Corporation, Panasonic Corp., Rockwell Automation, Inc., ETEL S.A., ETEL S.A., ESR Pollmeier GmbH, Jenny Science AG, Oswald Elektromotoren GmbH, and others.

    Key Market Segments

    Type

    • Cylindrical Type
    • U-Shaped Slot Type
    • Flat Plate Type

    Application

    • Automotive
    • Electronics
    • Food/Beverages
    • Machine Tools
    • Material Handling
    • Medical & Pharmaceuticals
    • Packaging/Labeling
    • Semiconductor Machinery
    • Robotics
    • Mobile Off Highways
    • Agricultural And Construction

    Key Market Players included in the report:

    • Parker-Hannifin Corporation
    • YASKAWA Electric Corporation
    • Panasonic Corp.
    • Rockwell Automation Inc.
    • ETEL S.A.
    • ETEL S.A.
    • ESR Pollmeier GmbH
    • Jenny Science AG
    • Oswald Elektromotoren GmbH

    For the Linear Motor Market research study, the following years have been considered to estimate the market size:

    Attribute Report Details

    Historical Years

    2016-2020

    Base Year

    2021

    Estimated Year

    2022

    Short Term Projection Year

    2028

    Projected Year

    2023

    Long Term Projection Year

    2032

    Report Coverage

    Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.

    Regional Scope

    North America, Europe, Asia-Pacific, South America, Middle East & Africa

    Country Scope

    United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa

    Linear Motor Market
    Linear Motor Market
    Published date: April 2023
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    • Parker-Hannifin Corporation
    • YASKAWA Electric Corporation
    • Panasonic Corp.
    • Rockwell Automation Inc.
    • ETEL S.A.
    • ESR Pollmeier GmbH
    • Jenny Science AG
    • Oswald Elektromotoren GmbH
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