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Electric Linear Cylinders Market To Be Dominated by Keyplayers Bosch Rexroth AG, Tsubakimoto Europe B.V., RACO-Elektro-Maschinen GmbH, Mul-T-Lock, Exlar Europe GmbH, Linearmech S.R.L., Parker Hannifin, SEW-EURODRIVE GmbH & Co KG, SKF, BJ-Gear, Kollmorgen,

10-11-2019 08:32 AM CET | Industry, Real Estate & Construction

Press release from: Coherent Market Insights

Electric Linear Cylinder

Electric Linear Cylinder

Global electric linear cylinders market was valued at US$ 595.7 Mn in 2018 and is expected to reach US$ 962.5 Mn in 2027, exhibiting a CAGR of 5.5% over the forecast period (2019–2027). Among verticals, food and beverages segment is expected to register the highest CAGR of 5.8% over the forecast period.

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Technological advancements in design and development of electric linear cylinders and actuators is a current trend in the industry. Electric cylinders are high-performance and cost-effective alternatives to pneumatic and hydraulic cylinders, which has led manufacturers to focus on innovation in design, and improve capabilities of electric linear cylinders.

For instance, Bosch Rexroth offers modern control technology with customization that allows changes in parameters for position, force, and travel speed. The company offers high performance electromechanical cylinders with high-precision ball screw assemblies, complete turn-key systems, high energy efficiency, compact structural design, and hygienic design for users.

Above 0.5 m/s segment held a dominant position in the market in 2017

Among linear speeds, the above 0.5 m/s segment held dominant position in the global electric linear cylinders market in 2017, and is projected to retain its dominance throughout the forecast period. Electric cylinders with linear speed above 0.5 m/s have application in thrust-rod type actuators. These actuators are ball screw or load screw driven. The primary application of these cylinders is in pushing-pulling and inserting operations, which require very short extension and retraction times.
The automotive industry is one of the largest industries in India, and has observed several new entrants. The recent entry of the U.K.-based brand MG Hector, and South Korea-based brand KIA is expected to boost growth of India’s automotive sector. Therefore, the growing automotive sector and increasing adoption of automation is expected to result in high demand for electric linear cylinders in the market.

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Global Electric Linear Cylinders Market: Key Players
Major players operating in the global electric linear cylinders industry include Bosch Rexroth AG, Tsubakimoto Europe B.V., RACO-Elektro-Maschinen GmbH, Mul-T-Lock, Exlar Europe GmbH, Linearmech S.R.L., Parker Hannifin, SEW-EURODRIVE GmbH & Co KG, SKF, BJ-Gear, Kollmorgen, Tolomatic, RK Rose+Krieger GmbH, Seimens AG, Moog, Inc., SMC Corporation, and Rockwell Automation.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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You can edit or delete your press release Electric Linear Cylinders Market To Be Dominated by Keyplayers Bosch Rexroth AG, Tsubakimoto Europe B.V., RACO-Elektro-Maschinen GmbH, Mul-T-Lock, Exlar Europe GmbH, Linearmech S.R.L., Parker Hannifin, SEW-EURODRIVE GmbH & Co KG, SKF, BJ-Gear, Kollmorgen, here

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