Linear Motor Market : Promising Growth Opportunities and Forecast
Posted by surendra choudhary on November 20th, 2019
The global linear motor market is expected to reach US$ 1,878.9 Mn by 2026, expanding at a CAGR of 5.1% from 2018 to 2026. According to the report, the global market is expected to continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific is likely to continue to be at the forefront of global demand, with the market in the region expanding at a CAGR of about 5.7% in the coming years. The flat-bed design of linear motors is anticipated to significantly drive the linear motor market in Middle East & Africa.
Dynamic Function of the Ironless Linear Motor
The global linear motor market is projected to expand at a significant growth rate, due to the increasing adoption of ironless linear motors. Ironless linear motors do not possess an iron core. Therefore, no attractive force is present between primary and secondary parts, thus avoiding cogging.
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New innovations in direct drives are estimated to propel the global linear motor market in the coming years. A rise in the adoption of advanced technologies to achieve smooth motion and reduce heat dissipation is estimated to drive the linear motor market during the forecast period. Key market players are continuously enhancing their research and development expertise to design advanced technology in linear motors. Also, demand for a real-time interface between the overlaid machine control and direct drives is expected to augment the linear motor market.
Global Linear Motor Market: Competitive dynamics
The research study includes profiles of leading companies operating in the global linear motor market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Some of the key players in the linear motor market are Aerotech 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., and Mitsubishi Electric Corporation.
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About the Authorsurendra choudhary
Joined: February 12th, 2019
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