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Global Linear Motion System Market Trends 2020-2025 - RT-PCR Testing is a Reliable, Highly Sensitive Method for Detecting COVID-19
Tuesday, July 14, 2020

DUBLIN, July 6, 2020 /PRNewswire/ -- The "Linear Motion System Market - Growth, Trends, Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

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The Global Linear Motion System Market is expected to register a CAGR of 5.3% over the forecast period (2020-2025).

These systems can be easily deployed for various applications as they help to deliver seamless and agile processing, which further reduces the requirement of maintenance. These systems are also witnessing chronological developments with respect to the system design and regular updating of technologies incorporated in devising a more accurate and efficient system.

Key Highlights

    --  There is an increasing need for ongoing industrialization along with the
        need for modern automatic systems in various industries, thereby driving
        the growth of linear motion systems. Moreover, these systems are in high
        demand due to their superior performance in harsh environmental
        conditions in industries, which is further fueling the market growth.
    --  There are many technological advancements in the field of linear motion
        systems, along with novel electro-mechanical systems and rise in
        industrial production worldwide, acting as some of the factors which are
        anticipated to boost the market. These systems have many advantages,
        such as higher efficiency and a higher product lifecycle, which helps
        them to be deployed across various industries.
    --  Linear motion-control systems are useful as they are helping to automate
        COVID-19 testing. These systems are highly used in automated RT-PCR
        testing. Reverse transcription polymerase chain reaction is a reliable,
        highly sensitive method for detecting the COVID-19 coronavirus disease.
    --  These are heavily used across many industries, especially industries
        that are prone to higher carbon emission as they are environmentally
        friendly because they do not rely on fuel for working.
    --  However, factors such as lack of awareness regarding the implementation
        of these systems and high maintenance associated with these systems are
        responsible for hindering the growth of the linear motion system market.

Market Trends

Automotive Segment Expected to Witness Significant Growth

    --  The automotive sector is expected to witness significant growth for the
        linear motion system market as the demand for linear motion systems is
        expected to increase in the coming years due to the rise in automotive
        sales around the globe.
    --  Further, due to increasing vehicle parc and growing automotive sales,
        there is an increase in carbon emission, thereby helping the automotive
        sector to become a key contributor to the greenhouse effect. Various
        agencies have created regulations for the development of vehicles and
        green technologies that are fuel-efficient, which will help to escalate
        the demand for linear motion products, such as roller screws and ball
        screws, etc.
    --  Linear actuators are highly used in the automotive industry. Creative
        Motion Control, a manufacturer of roller screw-based linear actuators
        and actuator components, is making linear motion systems for the
        automotive industry by producing high force electric actuators that can
        be used in a wide variety of applications.
    --  Moreover, NTN Canada, a manufacturing company, recently announced the
        addition of NTN SNR linear motion solutions to its customer toolkit with
        the introduction of Profile Ball Rails, Runner Blocks, Linear Shafting,
        Ball Bushings & Linear Actuators. The linear motion solutions provided
        by the company are specifically designed for maximum performance to meet
        the demands of the most diverse industry applications, including the
        automotive industry.
    --  The shifting of the automotive industry toward autonomous and electric
        vehicles is also responsible for creating a massive opportunity for
        linear motion systems in the automotive sector. Due to the growing
        adoption of automation in the automotive manufacturing process and
        involvement of digitization and AI, the demand for different linear
        motion systems is proliferating in the automotive sector.

Asia-Pacific Expected to Witness Significant Growth

    --  The Asia-Pacific region is expected to witness significant growth for
        the linear motion system market due to an increase in industrial
        activity, technological advancements in the field of linear motion
        systems, rise in government investment in industrial automation systems,
        and presence of well-established players providing linear motion system
        across the region.
    --  The region constitutes the presence of large semiconductor industry,
        besides automotive, pharmaceutical, food & beverages, and machine
        manufacturing. Moreover, there is a rising degree of miniaturization in
        various fields of applications that have led to a rise in the production
        of various linear motion systems in the region.
    --  Asia-Pacific is expected to record the highest growth for linear motion
        systems over the forecast period, owing to the significant adoption of
        linear actuators and other systems throughout the region. China is
        dominating the region due to the increasing adoption rate of motion
        systems, owing to the massive deployment in the country's dominating
        electronic and automotive manufacturing sectors. As the market is also
        developing at a high rate in other economies in the region like India,
        there is vast potential for growth in the market studied.

Competitive Landscape

The linear motion system market is expected to be fragmented in nature owing to the presence of various players across the globe. Key manufacturers of the linear motion systems have been found to be involved in bringing technological innovations to their products to enhance their market presence. The market is concentrated with the presence of a few linear motion system manufacturers focusing on developing smart variations of the products to cater the evolving end-user requirements.

    --  November 2019 - SCHNEEBERGER Group had announced that its recirculating
        units are available in sizes 1-12 and come in various lengths. According
        to the company, types SK and SKD (with damping elements from size 6) are
        suitable for small to medium loads. For medium to high loads, the best
        choice is the recirculating unit type SR with cross rollers. The type
        SKC with ceramic and Teflon balls is suitable for use in vacuum and
        cleanroom applications, as well as for dry runs.
    --  October 2019 - SKF Motion Technologies, formerly part of the SKF Group,
        announced that it will launch a new name and branding, to reflect the
        changes that the company has undergone . The new business will build on
        its reputation as a leading development partner and manufacturer of
        advanced linear motion and actuation products and solutions, while
        focusing on the current and future technical and commercial challenges
        faced by its customers around the world.

Key Topics Covered

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Demand for Miniaturization of Electronic Devices in Semiconductor Industry
4.2.2 Increasing Need for Quality Inspection and Automation
4.3 Market Restraints
4.3.1 High Cost of Installation of Linear Motion Systems
4.4 Industry Value Chain / Supply Chain Analysis
4.5 Industry Attractiveness - Porter's Five Force Analysis
4.6 Assessment of Impact of COVID-19 on the Industry

5 MARKET SEGMENTATION
5.1 Type
5.1.1 Single-axis Linear Motion System
5.1.2 Multi-axis Linear Motion System
5.2 End-user Industry
5.2.1 Automotive
5.2.2 Electronics & Semiconductor
5.2.3 Manufacturing
5.2.4 Aerospace
5.2.5 Healthcare
5.2.6 Other End-user Industries
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 Latin America
5.3.5 Middle East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Bosch Rexroth AG
6.1.2 Schneeberger Group
6.1.3 SKF AB
6.1.4 Hiwin Corporation
6.1.5 Thomson Industries Inc.
6.1.6 Nippon Bearing Co. Ltd.
6.1.7 NSK Ltd.
6.1.8 HepcoMotion Inc.
6.1.9 THK Co. Ltd.
6.1.10 The Timken Company
6.1.11 Rockwell Automation Inc.
6.1.12 Parker Hannifin Corporation
6.1.13 Lintech Corporation

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/4q2h2f

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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SOURCE Research and Markets



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