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 2019-2029

Market.us announces 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 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 on 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.

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Increasing applications of linear motors in different industries such as automotive, semiconductor and electronics, and others coupled with several advantages associated with the use of linear motors are expected to drive 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 rack, 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 

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 setting up of new production facilities. This, in turn, is projected to drive growth of the global linear motors market, and particularly revenue growth of two application segments, i.e. semiconductor and electronic segments.

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

Rapid growth in pharmaceutical industries in emerging countries is another factor expected to support growth of the target market. 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

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 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, 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: