Global Linear Motion Systems Market Overview:
The Linear Motion Systems Market Size was valued at USD 7.8 billion in 2021. The Linear Motion Systems market industry is projected to grow from USD 8.40 Billion in 2022 to USD 14.22 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.80% during the forecast period (2022 - 2030). The increasing need for digital transformation, quick industrialization, and industry use of automated systems are the key market drivers enhancing the Linear Motion Systems market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Linear Motion Systems Market Trends
- Growing Automation Demand in the World Market for Linear Motion Systems
The global need for automation in industrial applications is growing, which is good news for the Linear Motion Systems industry. Due to strict quality inspection standards, improved precision, adaptability, dependability, and greater efficiency, linear motion systems are frequently employed. Additionally, as consumer knowledge of linear motion systems' environmental benefits grows, so has their use across various industrial sectors, including manufacturing, packaging, and the automobile industry. As a result, carbon emissions are reduced, promoting Linear Motion Systems market expansion. A further factor driving the Linear Motion Systems market expansion is the extensive integration of the Internet of Things (IoT) and machine learning (ML), which has made it possible for users to collect machine data, track and evaluate system performance, and assure prompt maintenance and problem-early detection. Additionally, the Linear Motion Systems market expansion is favorably impacted by the rising product demand in the healthcare sector for lab testing applications, such as magnetic resonance imaging (MRI), computed tomography (CT) scanners, and X-ray equipment. The Linear Motion Systems market is expected to develop for several other reasons, including the large expansion of the automotive sector and the adoption of several government programs to advance IT infrastructure.
Thanks to improvements in automation technologies across the board, packaging operations may now do more with fewer resources. New mechatronic technologies, which integrate the principles of mechanical and electrical 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 of the use of new materials, production methods, and products with ever-shorter shelf lives, as well as seasonal fluctuations in production volumes and ranges (coated, uncoated papers and wrappers). The production systems exhibit high standards for the final product as well. Strict legal, sanitary, and technological manufacturing requirements must be adhered to. Cleanliness-assured finished items are made possible by equipment and parts that are easy to clean and corrosion-resistant. The primary packaging step, which follows after the production phase, involves several packaging techniques. Links with integrated or separate space-saving buffer systems allow highly effective processes. The utilization of the linear motion system is increasing due to these factors.
Linear Motion Systems Market Segment Insights:
Linear Motion Systems Application Insights
The Linear Motion Systems Market segmentation, based on Application, includes Packaging, Machine Tools, Palletizing, Robotics, Material Handling Equipment and others. Machine tools share the highest growth during the forecast period 2021. Metals can be subjected to various operations, including cutting, drilling, grinding, shearing, and other types of deformation, using machine tools and material handling systems. Industrial robots and linear motion tracks are the best options because of how dangerous these operations are. Additionally, these procedures are automated using linear motion components to provide high reliability and minimal maintenance solutions for these applications. These elements concentrate on the machinery's optimal performance when carrying out repeated activities. As a result, it is anticipated that this sector will account for the greatest portion of the global market for Linear Motion Systems throughout the forecast period.
Figure 2: Linear Motion Systems Market, by Application, 2021 & 2030 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Linear Motion Systems Type Insights
Based on Type, the Linear Motion Systems Market segmentation includes Single-Axis Linear Motion Systems and Multi-Axis Linear Motion Systems. The Multi-Axis Linear Motion System is expected to increase fastest through 2021. The acceleration of industrialization and digital transformation is causing the market for linear motion systems to rise quickly.
Linear Motion Systems Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. Asia Pacific Linear Motion Systems market accounted for USD 3.42 billion in 2021 and is expected to exhibit a significant CAGR growth during the study period. In 2021, the area held a share of 43.90% of the overall market. During the assessment period, this regional Linear Motion Systems market is anticipated to increase at a CAGR of 10%. This area has had tremendous growth due to its increasing use of cutting-edge technology, industry activity, and investments in the automotive sector. It also has a few significant Linear Motion Systems market participants. Due to its acceptance rate of motion systems for widespread deployment in the Chinese automotive and electronic industrial industries, China dominates the Asia-Pacific area. India and Japan have enormous development potential due to the Region's rapid expansion.
Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: Linear Motion Systems Market SHARE BY REGION 2021 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The second largest Region in Europe. By 2030, it is anticipated to have grown at a CAGR of 6.6% to reach a projected value of USD 4.8 billion. One of the major private investors in R&D in the world is the automotive sector in the European Union. To boost competitiveness in the automotive industry and retain its technological superiority, the European Commission supports global technology harmonization and funds research and development initiatives. The German car industry, which leads the world in technical breakthroughs, also incorporates various technologies. Further, the Germany Linear Motion Systems market held the largest market share, and the UK Linear Motion Systems market was the fastest-growing market in the European Region.
The third biggest area is found in North America. The manufacture of equipment has changed as electronics get smaller and smaller. The development of compact, trouble-free, and re-lubrication-free solutions is becoming more and more important to manufacturers of linear motion systems. One of the biggest Linear Motion Systems market developments is expected to be this short. Another Linear Motion Systems market trend involves manufacturers producing industry 4.0 components appropriate for enterprise-level connectivity. Several enterprises in North America create new goods.
Linear Motion Systems Key Market Players & Competitive Insights
Major market players are investing a lot of money in R&D to expand their product portfolios, which will spur further market growth for the Linear Motion Systems industry. With significant industry changes, including new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their global presence. To grow and remain in a market that is becoming more and more competitive, Linear Motion Systems industry competitors must provide affordable products.
Manufacturing locally to cut operational costs is one of the main business tactics used by the Linear Motion Systems industry to serve customers and increase the market sector. The Linear Motion Systems industry has recently given medicine some of the most important advantages. The Linear Motion Systems markets major players such as Bosch Rexroth AG (Germany), Rollon Spa (Italy), Thomas Industries, Schneeberger AG (Switzerland), SKF AB (Sweden), Nippon Bearing Co. Ltd (Japan), Schneider Electric Motion USA (US), Hepco Motion (England), Lintech (US), Bishop-Wisecarver (US), and others are working on expanding the Linear Motion Systems market demand by investing in research and development activities.
Engineering company Bosch Rexroth AG is situated in Germany's Lohr am Main. It is a fully owned subsidiary of Robert Bosch GmbH, and the outcome of a merger that took place on May 1, 2001, between Mannesmann Rexroth AG and the Automation Technology Business Unit of Robert Bosch GmbH. In July 2022, Bosch Rexroth purchased Lincolnshire, Illinois-based HydraForce, Inc. (USA) to expand its hydraulics sector. HydraForce designs and manufactures tiny hydraulic valves and systems with 2,100 personnel spread over six production plants in the United States, Brazil, Great Britain, and China. The cost of the purchase won't be disclosed. Antitrust approval is required for the transaction.
Original equipment manufacturers (OEMs) across various global sectors, including machine tools, semiconductor, solar, and electrical engineering, are served by SCHNEEBERGER®. The product and production portfolio of SCHNEEBERGER includes linear bearings, profiled linear guideways, measurement systems, gear racks, slides, positioning systems, and mineral casting. As a member of the SCHNEEBERGER Group, A.MANNESMANN. The SCHNEEBERGER Group revealed the availability of recirculating units in lengths and sizes ranging from 1 to 12 in 2019. According to the company, the SR type of recirculating unit is best for medium to high loads, and the SK and SKD kinds are best for small to medium pressure.
Key Companies in the Linear Motion Systems market include
• Bosch Rexroth AG (Germany)
• Rollon Spa (Italy)
• Thomas Industries
• Schneeberger AG (Switzerland)
• SKF AB (Sweden)
• Nippon Bearing Co. Ltd (Japan)
• Schneider Electric Motion USA (US)
• Hepco Motion (England)
• Lintech (US)
• Bishop-Wisecarver (US)
Linear Motion Systems Industry Developments
-
July 2022: With the BRUSA HyPower solutions, Bosch Rexroth built on its Elion product range for electrification off-highway vehicles, enabling customers to quickly incorporate electric drive topologies. Mobile working gadgets used in logistics, construction, agriculture, and public services are more environmentally friendly and quieter to operate because they don't produce any local emissions.
-
November 2019: NTN Canada, a manufacturing company, unveiled its linear motion for their customer toolset. They launched it using Ball Bushing, Runner Blocks, Linear Actuators, Profile Ball Ralls, and Linear Shafting. The linear motion systems solution introduced by NTN Canada has been specially designed to satisfy the numerous and stringent requirements across many sectors, including the automobile industry.
Linear Motion Systems Market Segmentation:
Linear Motion Systems Industry Outlook
Linear Motion Systems Type Outlook
Linear Motion Systems Regional Outlook
-
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Asia-Pacific
-
China
-
Japan
-
India
-
Australia
-
South Korea
-
Australia
-
Rest of Asia-Pacific
-
Rest of the World
-
Middle East
-
Africa
-
Latin America
Report Attribute/Metric |
Details |
Market Size 2021 |
USD 7.8 billion |
Market Size 2022 |
USD 8.40 billion |
Market Size 2030 |
USD 14.22 billion |
Compound Annual Growth Rate (CAGR) |
7.80% (2022-2030) |
Base Year |
2021 |
Market Forecast Period |
2022-2030 |
Historical Data |
2018 & 2020 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Product Type, Operating Platforms, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
Bosch Rexroth AG (Germany), Rollon Spa (Italy), Thomas Industries, Schneeberger AG (Switzerland), SKF AB (Sweden), Nippon Bearing Co. Ltd (Japan), Schneider Electric Motion USA (US), Hepco Motion (England), Lintech (US), Bishop-Wisecarver (US). ย |
Key Market Opportunities |
The rapidly growing demand for energy-efficient mass transit drives has increased the adoption of hybrid and fully electric vehicles. |
Key Market Dynamics |
Rapid industrialization. The growing demand for digital transformation. The adoption of automated systems in different industries. |
Frequently Asked Questions (FAQ) :
The Linear Motion Systems Market size was valued at USD 7.8 Billion in 2021.
The global market for Linear Motion Systems is projected to grow at a CAGR of 7.80% during the forecast period, 2022-2030.
Asia Pacific had the largest share in the Linear Motion Systems Market.
The key players in the Linear Motion Systems market are Bosch Rexroth AG (Germany), Rollon Spa (Italy), Thomas Industries, Schneeberger AG (Switzerland), SKF AB (Sweden), Nippon Bearing Co. Ltd (Japan), Schneider Electric Motion USA (US), Hepco Motion (England), Lintech (US), Bishop-Wisecarver (US).
The Multi-Axis Linear Motion System Test category, dominated the market in 2021.
Machine tools had the largest share in the Linear Motion Systems Market.