Linear Motor Market Share

Global Linear Motor Market Overview:

Linear Motor Market Size was valued at USD 1.8 Billion in 2023. The Linear Motor market industry is projected to rise from USD 1.89 Billion in 2024 to USD 2.8 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.03% during the forecast period (2024 - 2032). Increased adoption of linear motors in various industries and growth of industrial automation throughout the world are the key market drivers enhancing the growth of market

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Linear Motor Market Trends

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  Growing adoption of the linear motors in various industries driving the market growth

  
  

Market CAGR for linear motors is being driven by the rising adoption of linear motors in various industries. A linear motor is an electronic motor that produces motion in a straight line than rotationally by using a magnetic field. The manufacturers are opting for automation to compensate and streamline their operation due to a shortage of labor. Automation is a growing trend throughout different industries, from retail and healthcare to manufacturing and logistics, owing to the need to accelerate efficiency, accuracy, and productivity and aim to enhance safety and reduce labor costs.

The linear motor technology in automation applications has increased because of its ability to avail rapid and precise motion control, as it is perfect for automation applications for accuracy and speed. The robot controls the movement of robot arms and grippers with a precision of a high degree, and the small linear actuator can be utilized. These are also utilized in assembly lines and packaging systems for quick and accurate product mobility. Piezoelectric devices are largely installed in small stroke actuators and sensors to be utilized in different applications. With the development in technology, these devices are supported with a varying range of linear and rotary motion devices, offering accurate motion control down to nanometre precision. However, the piezoelectric devices' total cost is relatively high and is mainly used in premium markets of semiconductors, photonics, and optics; this has increased the research in new methods for arranging and handling piezoceramic materials with new techniques to develop motion devices.

The potential growth prospects in additive manufacturing are being unlocked by the linear motor players due to the increased requirement for repeatable and dependable machines. The manufacturing companies of linear motors are developing flexible, highly dynamic, and modular designs in linear motors. In order to eliminate the utilization of the pulley, rotation-to-translation mechanism, and belts that helps in converting rotary to linear motion, uses linear motors. Thus, driving the Linear Motor market revenue.

Even though the staggering growth of the linear motors market, there are a few factors that are hampering the growth of the market, like excessive installation, implementation, and set-up expenditures because they can not be afforded by the several countries that are developing in diverse penurious regions. The lack of availability in various locations, lack of people understanding the several applications of linear motors, and expense of upholding being expensive are confining the growth of the market.

Linear Motor Market Segment Insights:

Linear Motor Design Insights

The Linear Motor Market segmentation, based on type, includes Flatbed, U-Channel, and Cylindrical. The cylindrical segment dominates the market, accounting for the largest market revenue. They will continue to be largely preferred as they are a cost-efficient substitutes for screw-driven rod-type actuators. Fast speed and acceleration, accurate positioning, and the ability and capacity to withstand high-duty cycles in rod-style thrust applications are provided by these linear motors. Furthermore, the flat-bed linear motors segment is gaining popularity in the linear motor market during the forecast period.

Figure 1: Linear Motor Market, by Design, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Linear Motor Application Insights

The Linear Motor Market segmentation is based on application, Electronics and assembly, Food & Beverage, Packaging & Labeling, Meteorology, Machine Tools, Printing, Robotics, Semiconductors, Non-Industrial Applications, and Others. The electronics and assembly segment dominates the market, accounting for the highest market share owing to the increasing attraction towards automation and smart technology, hence increasing the demand for electronics and assembly. Hence, the ever-increasing requirement is met with the help of linear motors, which will extend the life of motion-control devices like lead screws. Furthermore, the notable electronics application in the car industry has fueled the semiconductor demands.

Linear Motor Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Linear Motor market dominates the market of linear motors due to the presence of well-established modern technologies and various manufacturers. The well-established semiconductor industry in the North American region is anticipated to commit the largest share. The US linear motor market holds the largest share, followed by the Canadian linear motor market in this region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: Linear Motor Market SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

The Asia-Pacific Linear Motor Market accounts for the second-largest market share because of the presence of developing economies the use of linear motors in various industries. Moreover, China’s Linear Motor market held the largest market share, and the Japanese Linear Motor market was the rapid-growing market in the Asia-Pacific region.

Europe's Linear Motor market is expected to grow at the fastest CAGR from 2023 to 2032. This is because of the well-established and sophisticated technology infrastructure presence, and contributes to the largest linear motor components. Further, the German Linear Motor market held the largest market share, and the UK Linear Motor market was the rapid-growing market in the European region.

Linear Motor Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to spread their product lines, which will help the Linear Motor market grow even more. Market participants are also undertaking a various strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Linear Motor industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Linear Motor industry to benefit clients and increase the market sector. In recent years, the Linear Motor industry has offered some of the most significant advantages to the automotive industry. Major players in the Linear Motor market, including Sodick Co. Ltd, Aerotech Inc., Micronix USA, ANCA Group, Mitsubishi Electric Corporation, Bosch Rexroth AG, FANUC Corporation, Oswald Elektronotoren GmbH, Parker Hannifin Corp, Sumitomo Electric Industries, Yaskawa Electric Corporation, KML Linear Motion Technology GmbH, Hitachi Metals, Ltd., and others, are attempting to increase market demand by investing in research and development operations.

Bosch Rexroth AG, based in Lohr am Main in Germany, is an engineering firm. It is a merger between Mannesmann Rexroth AG and the Automation Technology Business Unit of Robert Bosch GmbH on May 2001, a fully owned subsidiary of Robert Bosch HmbH. In February 2022, in close proximity to Austin, Texas, a customer innovation center was inaugurated by Bosch Rexroth AG to provide a particular technology development opportunity to its factory automation consumers from industry sectors like electric vehicle production, semiconductor manufacturing, battery manufacturing, and consumer packaged goods. This new innovation center is a segment of the broader strategy of Bosch Rexroth for investing and expanding in North America, which also consists of a novel factory in Queretaro, Mexico, and the expansion of its operations in Charlotte, N.C.

Mitsubishi Corporation is the largest trading company in Japan and is a member of the Mitsubishi keiretsu, employing around 80,000 people as of 2022. The company provides business in finance, energy, machinery, banking, chemicals, and food. The Japanese partner of Tata Consultancy Services is Mitsubishi, operating the data center in Mitika, Tokyo. Mitsubishi is more popular as a Japanese multinational automobile manufacturer. In June 2019, an investment was made by the Mitsubishi Electric Corporation in Akribis Systems Pte Ltd, which is a Singapore-based company popular for linear servo motor production. This investment helped its industrial automation solutions to boost in the global market.

Key Companies in the Linear Motor market include

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  Sodick Co. Ltd

  
  


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  Aerotech Inc.

  
  


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  Micronix USA

  
  


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  ANCA Group

  
  


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  Mitsubishi Electric Corporation

  
  


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  Bosch Rexroth AG

  
  


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  FANUC Corporation

  
  


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  Oswald Elektronotoren GmbH

  
  


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  Parker Hannifin Corp

  
  


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  Sumitomo Electric Industries

  
  


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  Yaskawa Electric Corporation

  
  


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  KML Linear Motion Technology GmbH

  
  


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  Hitachi Metals, Ltd

  
  

Linear Motor Industry Developments

November 2019: Sodick Co., Ltd launched AL400G/Al60G, which is a new linear motor die-sinker EDM drive. This launch helped in providing precision component machining and precision mold machining.

January 2019: A strategic partnership was signed between Aerotech Inc. and Micronix USA to provide complimentary accurate motion products for research and industrial markets, mainly for the easy use of nanopositioning products.

April 2019: The new tubular linear motor LinX M series was launched by ANCA Group in order to provide the increasing demand for automation applications while boosting efficiency in a compact footprint.

Linear Motor Market Segmentation:

Linear Motor Design Outlook

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  Flat-bed

  
  


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  U-Channel

  
  


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  Cylindrical

  
  

Linear Motor Application Outlook

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  Electronics and Assembly

  
  


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  Food & Beverage

  
  


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  Packaging & Labeling

  
  


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  Meteorology

  
  


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  Machine Tools

  
  


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  Printing

  
  


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  Robotics

  
  


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  Semiconductor

  
  


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  Non-Industrial Application

  
  


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  Others

  
  

Linear Motor Regional Outlook

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  North America

  
  

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  US

  
  


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  Canada

  
  

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  Europe

  
  

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  Germany

  
  


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  France

  
  


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  UK

  
  


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  Italy

  
  


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  Spain

  
  


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  Rest of Europe

  
  

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  Asia-Pacific

  
  

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  China

  
  


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  Japan

  
  


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  India

  
  


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  Australia

  
  


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  South Korea

  
  


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  Australia

  
  


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  Rest of Asia-Pacific

  
  

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  Rest of the World

  
  

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  Middle East

  
  


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  Africa

  
  


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  Latin America