Scope of the Study
Rapid rate of industrialization across various sectors including healthcare, manufacturing, automotive, etc. is anticipated to bolster demand for linear motion system over the forecast period. High demand for accurate motion control systems is one of the biggest factors driving market growth. Further, the greater performance of linear motion in contaminated environments is confirmed to guarantee a steady demand. Continuous maintenance necessary in linear motion systems remains the only market deterrent.
The market study is being classified by Type (Single-Axis Linear Motion Systems and Multi-Axis Linear Motion Systems), by Application (Packaging, Palletizing, Robotics, Machine Tools, Material Handling Equipment and Others) and major geographies with country level break-up. According to AMA, the Global Linear Motion Systems market is expected to see growth rate of 7.8%
Rockwell Automation (United States), Automation Tooling Systems (Canada), Robert Bosch (Germany), ABB (Switzerland), Beckhoff Automation (Germany), Timken Company (United States), Fortive (United States), Mitsubishi Electric (Japan), Schneeberger (Switzerland) and Festo AG (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are THK (Japan), Pacific Bearing Corporation (United States) and Aerotech (United States).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Linear Motion Systems market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Linear Motion Systems market by Type, Application and Region.
On the basis of geography, the market of Linear Motion Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by End User Industry, the sub-segment i.e. Medical & Pharmaceuticals will boost the Linear Motion Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Adoption due to Growing Need of Quality Inspection and Automation
- Reduce Time to time Market
- High Adoption for Miniaturization of Electronic Devices in Semiconductor Industry
- Rising Government Support for Industrial Automation
- Lack of Product Differentiation
- High Cost of Installation for Low Volume Production
- Huge Opportunity for Industrial Automation and Robotics
- Rising Mergers and Acquisition Regarding Linear Motion System
- Lack of Skilled Workforce
Market Leaders and their expansionary development strategies
On 19th December 2019, TS Automation Tooling Systems Inc. an industry-leading automation solutions provider has acquired Comecer S.p.A., a leader in the design, engineering, manufacture and servicing of advanced aseptic containment and processing systems for the nuclear medicine and pharmaceutical industries.
Key Target AudienceResearch/Consultancy Firms, System Integrators, Manufacturing Execution System (MES) and Manufacturing Operations Management (MOM) Players, Original Equipment Manufacturers, Government Organizations and Other
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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