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The global Linear Motion Systems market was valued at 708.25 Million USD in 2021 and will grow with a CAGR of 6.56% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Industrial machinery is prevalent among many different fields of industry. Linear motion is one of the basic mechanisms that design in the machinery. Linear motion utilizes sliding and rolling motions to transfer power and displacement into guiding linear-movement. This mechanism is considered to be one of the most important factors in every industrial field. Linear motion systems consist of linear rail, rail tables, guides, actuators, sliders, which help the manufacturing facility to continuously transfer products in a conveyor belt, or push it across for packaging. Rising revenue from the replacement activities, high demand for linear motion systems in automotive industry and rapid industrialization in emerging countries are some of the key factors fueling the market growth. Meanwhile, demand for linear motion products in the electronics and electronics-assembly industries — particularly for battery manufacturing facilities and improved global economic conditions — have facilitated growth. However, lack of effective product differentiation is one of the major factors hampering the market growth. With expected revenue of $1778.68 million in 2018, China would be the largest regional market for linear motion products. The whole APAC region, owing to the rapid industrial development across countries such as China, India, South Korea, Indonesia, and Taiwan, the linear motion systems market will post impressive growth in the coming years. Additionally, the growth of the automation segment will also fuel the demand for linear motion systems stock in this region.
By Market Verdors:
THK
Bosch Rexroth
Thomson
Rollon
SKF
SCHNEEBERGER
Schneider Electric Motion
NIPPON BEARING
HepcoMotion
Lintech
PBC Linear
By Types:
Single-Axis Linear Motion Systems
Multi-Axis Linear Motion Systems
By Applications:
Material Handling
Machine Tools
Robotics
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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To understand the future outlook and prospects for the market.
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