Press release
Linear Motion Market to grow with 5.3% CAGR during 2021 to 2031
Linear Motion Market is expected to reach $5.7 bn by 2031, growing at a CAGR of 5.3% between 2021-2031.Global Linear Motion report from Global Insight Services is the single authoritative source of intelligence on Linear Motion market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Key Trends and Drivers:
The automotive industry's rapid growth and widespread usage is expected to be the primary driver of the Linear Motion Systems Market Size. The automation industry, with its high adoption of linear motion systems, is also likely to play a key role in the market's growth.
LMS will benefit greatly from the fast development in demand for energy-efficient and environmentally friendly vehicles in the automotive sector.
Machine components, such as linear motion goods, are being shaped by the industrial automation with integrated technologies, such as IIoT and IoT implications, for data collecting. Capturing machine data provides for system performance monitoring and analysis, as well as early discovery of any faults.
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Market Segmentation:
By Industry:
Aerospace
Automotive
Medical and Pharmaceutical
Machining Tools
Semiconductor & Electronics
Food & Beverages
By Component:
Actuators
Ball Screws
Linear Guides
Linear Motors
By Type:
Single-axis linear motion system
Multi-axis linear motion system
Key Companies:
Nippon Thompson Co., Ltd.
Altra Industrial
Timken Company
Bosch Rexroth AG
Thomson Industries Inc.
Lintech
Bishop-Wisecarver
Schneeberger AG
Rollon Spa
Ewellix AB
HepcoMotion
Hiwin Technologies Corporation
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With Global Insight Services, you receive:
• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology
Contact Us:
Global Insight Services LLC
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E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm
headquartered in Delaware, US. We are committed to providing our clients
with highest quality data, analysis, and tools to meet all their market research
needs. With GIS, you can be assured of the quality of the deliverables, robust
and transparent research methodology, and superior service.
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