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Linear Motion Market is expected to reach $5.7 bn by 2031 | Key Players Names: Nippon Thompson Co., Ltd., Altra Industrial, Timken Company

05-10-2023 09:19 PM CET | Industry, Real Estate & Construction

Press release from: Global Insight Services

Linear Motion Market is expected to reach $5.7 bn by 2031 | Key

New York, 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 Market 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.

Download a Free PDF Sample Copy of Report - https://www.globalinsightservices.com/request-sample/GIS10197/

Linear motion is a subset of motion control that includes linear motors, linear actuators, and linear rolling guides and bearings, among other things.

Traditional linear motors are essentially a rolled-out and flattened permanent magnet rotary motor. When the motor's stationary part is powered, the moving part, which contains some form of conductive substance, moves.

The advantages of linear motors include high speeds and quick response times, great precision and stiffness, and the removal of backlash due to the lack of mechanical transmission components.

Linear motors, on the other hand, can be more expensive than other standard alternatives. They also want more responsiveness from controllers, such as faster bandwidth and update rates. Linear motors are also not capable of producing as much force as other solutions, such as ball screws. Another concern could be heating caused by I2R losses, which would necessitate additional cooling considerations.

Read more about Linear Motion Market here: https://www.globalinsightservices.com/reports/linear-motion-market/

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.

Get Customized report as per your requirements - https://www.globalinsightservices.com/request-customization/GIS10197/

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

Buy your copy now: https://www.globalinsightservices.com/checkout/single_user/GIS10197/

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
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

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 & transparent research methodology, and superior service.

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