Global Linear Motor Market Size, Share, Outlook and Forecast By 2023
Posted by Aditi Desai on January 29th, 2019
Linear motor is an electric induction motors that produce motion in a straight line rather than rotational motion. They often use superconducting magnets, which are cooled to low temperatures to reduce power consumption. Linear motor is now used in all sorts of machines that require linear motion including overhead travelling cranes and the beltless conveyors for moving sheet metal. They promise safe travel at very high speeds. It is used in various sectors including aerospace and defense, electronics and automobile among others.
Linear motor market Insights-
The linear motor market research aims to provide a wide overview about the insights of the market in terms of value and revenue. It assesses the profile of the leading players involved in the global linear motor. The market aims to analyze the developments such as merger, acquisition, new product launches in the market. Further, the market provides overview of the market during the forecasted period i.e. 2018-2023. For the better consideration 2017 is considered as base year and 2018 is considered as current year. The growing demand from various of end-use industries couples with several advantages associated with use of linear motors are the major factors driving the growth of the market. It provides insights of the dynamic market that continuously changes according to the requirements and needs of the customers. The company invest huge amount on Research and development to adopt the latest techniques which help in the overall growth of the market.
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Advantages of the linear motor -
- The structure is simple and often offers dynamic and linear motion positioning for the robotics, factory automation, packaging and other industrial application.
- No mechanical contact, high force density and acceleration larger up to 10g
- Accuracy and repeatability is high because the accuracy depends on the position detection element.
- They are aluminum housed design, housed design with in integrated water cooling for TBW and TL series.
- Maintenance is simple, no mechanical contact when moving thus reducing wear and tear parts.
- Both acceleration and braking are achieved through electromagnetism, linear motors are much quieter than ordinary motors.
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Segmentation analysis-
The comprehensive research of the market comprises a complete forecast of the global linear motor market based on the factors affecting the market and its impact on the future. The market segmented into various types to have better prediction of the market. The market is segmented on the basis of Design, sales channel, Axis, application and by geography. On the basis of design it is divided into Flat-bed, U-channel, cylindrical and others. Via sales channel it is divided into direct OEM, Direct system integrator and distributors. On the basis of axis it is divided into single axis, Multi axis. It is used in electronics, assembly, food and beverage, flat panel display, printing robotics, semiconductor, non-industrial, packaging and labeling, metrology, medical and scientific and others. The electronics and assembly segment is anticipated to expand during the projected period.
Geographical distribution-
The linear motor market size has been analyzed with respect to the various geographical segments. The geography covered in the report is North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe) , Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific) Latin America (Brazil, Mexico, Argentina and Rest of Latin America) and Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa). The Asia Pacific held a key market revenue share of the linear motor market. The increasing adoption of the linear motors is expected to offer lucrative opportunities for vendors. China, South Korea and Japan contributed to the majority of the revenue share in the Asia Pacific.
Competitive landscape-
The global linear motor market share is projected to expand at a significant growth rate, due to the increasing adoption of ironless linear motors. The Key market players are continuously enhancing their research and development expertise to design advanced technology in linear motors. Some of the key players profiled include Ameritech Inc., ETEL S.A., Moog Inc., KML Linear Motion Technology GmbH, Yaskawa Electric Corporation, Kollmorgen Corporation, NTI AG LinMot, PiezoMotor Uppsala AB, Rockwell Automation Inc., Mitsubishi Electric Corporation and Other Major Key Players. Also, demand for a real-time interface between the overlaid machine control and direct drives is expected to augment the linear motor market. These markets are continuously working on their brand image. Industrial automation firm Rockwell Automation is betting on its Bangalore centre to boost product design for global customers.
According to the linear motor market forecast, the market is growing and provides opportunities to the potential investors to invest and sustain in the market. The market has collaborated with manufacturers, partners which allow them to strategize investments and capitalizing on the market opportunities.
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