CAGR: 6.10%Current Market Size: USD 10.1 BillionFastest Growing Region: Europe
Largest Market: North AmericaProjection Time: 2023-2030Base Year: 2022
The global linear motion system market is expected to grow from USD 10.1 billion in 2022 to USD 17.2 billion by 2030, at a CAGR of 6.10% during the Projection period 2023-2030. The rise in the industrial sector mainly drives the growth of the linear motion system market.
Drive systems with linear motion are precise, pre-installed systems. These come in small designs with high-performance characteristics. Due to its applications across numerous end-user industry verticals, the market is anticipated to expand over the course of the Projection period. To accomplish high-precision motion control of manufacturing equipment, design engineers need linear motion systems in addition to integrated characteristics like sealing, lubrication, measurement, and braking. Actuators, linear bearings, and control systems are the three segments into which the primary parts of linear motion systems fall. Ball screws, screw jacks, lead screws, linear slides/stages/tables, electromechanical actuators, rodless mechanical actuators, rodless cylinders, short-stroke actuators, and magnetostrictive actuators are examples of typical actuator types on the market. Plain, linear rolling bushings and linear rolling guides are examples of common linear bearings. Sliding-contact bearings are a part of plain linear bearings and bushings. The position of the system and motor is continuously monitored by the control systems. The world is experiencing a skilled labour shortage as a result of the aging population and the growth of the economy. Automation is therefore pushing producers to maintain producing items to satisfy consumer demand in order to address this issue. Additionally, the market is anticipated to have significant development potential over the course of the Projection period due to rising automation.
Sample Request: - Global Linear Motion System Market
Market Dynamics:
Drivers:
Thanks to improvements in automation technologies across the board, packaging operations may now accomplish more with fewer resources. New mechatronic technologies, which combine the principles of mechanical and electronic engineering to produce more versatile and adaptive machinery, represent the next step. Modern manufacturing facilities in the food and packaging sectors are more efficient because to the use of new materials, production methods, and products with ever-shorter shelf lives as well as seasonal variations in production quantities and ranges (coated, uncoated papers, and wrappers). Whether from contract packagers with small lot sizes or large manufacturers who swing between uniform, mass-produced products, and customized products on the same lines, quick turnarounds are now required for packaging operations.
Restraints:
The cost of installation is a major barrier to market expansion. The high cost is mostly attributable to additional elements, such as structural support, guides, drives, seals, lubrication, and accessories between two points, that must be taken into account when developing a linear motion system. A structural support system must be put in place before building a linear system. Typically, an aluminum extrusion serves as the main part of the support system. The system can rest on end supports thanks to its sturdy base. Occasionally, lighter extrusions require sporadic supports along their lengths.
Opportunities:
The products' applicability in product selection and sizing, automated ordering and shipping, commissioning, operations, and service and maintenance are all made possible by the advancements in linear motion technology. Industry 4.0 and the Industrial Internet of Things (IIoT) continue to influence the design of linear shafts, particularly the feedback mechanisms required to close servo loops. These tools, in conjunction with sophisticated controllers, give downstream systems vital knowledge about the mechanical components that make up the machine axes as well as a wealth of data on motor health. By incorporating onboard information into the products, smart products and tailored solutions are crucial components that see new breakthroughs in linear motion.
Challenges:
Motion is made easier by guides that are fastened to the base. Ball guides are the stiffest and can support the largest payloads. The configurations of their single or dual rails move with minimum resistance. The cost is higher, and there is noise, which is drawbacks. Sometimes when purchasing linear motion systems, ordinary catalog products may not satisfy the needs of the application. In that situation, the vendor either redesigns a component or alters a standard product. It costs extra to do this. These things limit market expansion.
Segmentation Analysis:
The global linear motion system market has been segmented based on type, end-user, and region.
By Type
The type segment is a multi-axis linear motion system and single-axis linear motion system. The multi-axis linear motion system segment led the largest share of the linear motion system market with a market share of around 65.5% in 2022. The multi-axis linear motion system provides more than one linear direction of motion and can be applied to a variety of target applications at the same time. High positioning and repeat precision, in addition to the appropriate motion dynamics, are the elements that are boosting this integration system's popularity. Because the multi-axis system lacks an AC to DC rectification portion, multi-axis drives often cost less than their single-axis equivalents. The multi-axis approach often uses less room on the control cabinet panel. These elements fuel the segment's expansion.
By End-User
The end-user segment is healthcare, automotive, manufacturing, electronics & semiconductor, aerospace, and others. The automotive segment led the largest share of the linear motion system market with a market share of around 40.3% in 2022. In order to automate performance, lead screws and other linear motion components—such as electronic linear actuators—are used more commonly in automobile applications. Because linear actuators are frequently used anywhere an automotive component has to be lifted or lowered, opened or closed, drivers benefit from the safety and convenience that these devices provide. Because they provide precise movement and high repeatability, linear motion systems are essential in the manufacturing processes used in the car industry. Transport, positioning, handling, sorting, and material provisioning on the production line are examples of general uses. The adoption of technology like linear actuators, which allow vehicles to open and close vents, windows, and sliding doors, is anticipated to be sped up by automation in the sector. This mechanical component is necessary for proper engine operation as well as other critical components of a car.
Global linear motion system market - Sales Analysis.
The sale of the linear motion system market expanded at a CAGR of 4.8% from 2016 to 2022.
Systems that automatically move in one direction are known as linear motion systems. They are usually available in single-axis and multi-axis varieties, and they can either be non-powered or motorised, depending on the mechanism. A drive to assist in moving the load, a guide system to control the load, and sealing to protect the system's internal components are all included in linear motion systems. They are widely used in equipment, technical systems, and a variety of other operations, such as printing, scanning, and food preparation. Linear motion systems are used to convey industrial payloads because they provide great performance, speed, and precision under difficult environmental conditions.
One of the many factors driving the business is that technology is moving away from hydraulic and pneumatic systems and toward electromechanical technologies in order to attain more precision, flexibility, reliability, and efficiency while consuming less energy. Rising industrialization, the drive for digital transformation, and the use of automated systems in many industries are the main factors driving the market's growth. Additionally, these systems' exceptional performance in challenging environmental circumstances makes them highly sought-after in the commercial world.
Thus, owing to the aforementioned factors, the global linear motion system market is expected to grow at a CAGR of 6.10% during the Projection period from 2023 to 2030.
By Regional Analysis:
The regions analyzed for the linear motion system market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America region dominated the linear motion system market and held a 38.2% share of the market revenue in 2022.
Global linear motion system market - Country Analysis:
Germany's linear motion system market size was valued at USD 0.75 billion in 2022 and is expected to reach USD 1.19 billion by 2030, at a CAGR of 6% from 2023 to 2030. Multiple technologies are integrated by the German automotive industry, which is at the forefront of technological advancements in the worldwide automotive industry. The nation's automotive industry has seen substantial changes because to the government's strong backing and rising investments from well-known automakers like BMW, Ford, and Jaguar.
China’s linear motion system market size was valued at USD 0.78 billion in 2022 and is expected to reach USD 1.26 billion by 2030, at a CAGR of 6.2% from 2023 to 2030. The increasing level of miniaturization in many application domains is the cause of the increase in the production of various linear motion systems. The rising use of linear actuators and other systems is also likely to drive the market. China presently dominates the region as a result of the growing use of motion systems brought on by the extensive deployment of the electronic and automotive manufacturing industries.
India's linear motion system market size was valued at USD 0.60 billion in 2022 and is expected to reach USD 0.96 billion by 2030, at a CAGR of 6.1% from 2023 to 2030. By 2025, 110 million automobiles will be produced, says Schaeffler Gruppe (the Projection is before COVID-19). The region became a growing market for passenger vehicle manufacture. India also rounded up the top five global automakers in the automotive industry. Major car manufacturers may be found in the majority of these nations. The market for linear motion systems is anticipated to expand in the area because it caters to the automobile industry.
Key Industry Players Analysis:
To increase their market position in the global linear motion system market business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.
Latest Development:
Report Metrics
Report Attribute |
Details |
Study Period |
2022-2030 |
Base year |
2022 |
CAGR (%) |
6.10% |
Market Size |
10.1 billion in 2022 |
Projection period |
2023-2030 |
Projection unit |
Value (USD) |
Segments covered |
By Type, By End-User, and By Region. |
Report Scope |
Revenue Projection, competitive landscape, company ranking, growth factors, and trends |
Companies covered |
Bosch Rexroth AG (Robert Bosch GmbH), Hiwin Corporation, Nippon Bearing Co. Ltd, Schneeberger Group, Ewellix AB, Thomson Industries Inc., HepcoMotion Inc., NSK Ltd, Timken Company, THK Co. Ltd, Rockwell Automation Inc., Parker Hannifin Corporation, and Lintech Corporation. |
By Type |
|
By End-User |
|
Regional scope |
|
Scope of the Report
Global linear motion system market By Type:
Global linear motion system market By End-User:
Global linear motion system market By Region:
Global linear motion system market is expected to reach USD 17.2 billion by 2030.
The linear motion system market is projected to have a CAGR of 6.10%.
Thanks to improvements in automation technologies across the board, packaging operations may now accomplish more with fewer resources. New mechatronic technologies, which combine the principles of mechanical and electronic engineering to produce more versatile and adaptive machinery, represent the next step.
Based on the end-user, the global linear motion system market has been segmented into healthcare, automotive, manufacturing, electronics & semiconductor, aerospace, and others.
Leading market players active in the global linear motion system market are Altra Industrial Motion Corp., SCHNEEBERGER Group, Bosch Rexroth AG, Rockwell Automation Inc., Hiwin Technologies Corp., Nippon Thompson Co. Ltd., Hepco Holdings Ltd., Schneider Electric SE, The Timken Co., and THK Co. Ltd. among other
Political Factors- The frequency of changes to government policies and regulations is referred to as uncertainty in the political environment. Frequent policy changes impact business performance and complicate decision-making due to ongoing ambiguity. In order to quickly adjust to shifting policies, the linear motion system market needs closely monitor the political landscape and adjust its strategic priorities accordingly. The current system of governance's democratic base allows for the robust growth of the linear motion system industry. The democratic system of government encourages free trade and business, allowing for market economic freedom.
Economic Factors- The performance of the linear motion system market is significantly influenced by the staff's qualifications and expertise. For the linear motion system business to remain competitive, qualified workers must be available when needed. The market for linear motion systems needs to examine trends in both the supply and demand for labor in order to comprehend how to efficiently hire people with the necessary skill set. Strong worker unions and a limited labor market could be quite problematic for the linear motion system business. For instance, it might force the linear motion system market to accept an unreasonable pay raise or it might halt production by calling for a strike.
Social Factors- Every culture has its own set of cultural norms, beliefs, and traditions that influence how individuals act in daily life, especially when doing business. Lack of flexibility in changing product/service offerings to reflect local cultural customs could harm the company. In order to better understand regional consumers, the linear motion system market needs to do in-depth research. Since a multinational firm with a culturally unique home market oversees the global market for linear motion systems, it could be challenging for them to comprehend the minor cultural differences.
Technological Factors- The research and development trend in the selected industry or field shows how forward-thinking businesses are in commercializing cutting-edge innovations. The market for linear motion systems needs to comprehend new technological advancements' potential for corporate growth and customer value. In markets characterized by disruptive technology, a significant investment in research and development would be required. However, the need for a linear motion system must be long-term oriented and not anticipate a quick return on its R&D expenditures.
Environmental Factors- The development of renewable technology to lessen dependency on natural resources is an important trend in many industries. To capitalize on this environmental trend, the linear motion system market should assess how well a nation's technological infrastructure supports the implementation of renewable technologies. Governments in certain parts of the world provide enticing incentives to use renewable energy sources. The market for linear motion systems can benefit from the opportunity to invest in renewable energy sources and meet its goals for long-term economic growth.
Legal Factors- The development of renewable technology to lessen dependency on natural resources is an important trend in many industries. To capitalize on this environmental trend, the linear motion system market should assess how well a nation's technological infrastructure supports the implementation of renewable technologies. Governments in certain parts of the world provide enticing incentives to use renewable energy sources. The market for linear motion system can take advantage of the chance by making investments in renewable energy sources in order to meet its goals for sustainable economic growth.
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