As per the research by Market Research Future Reports (MRFR), the global linear motor market is estimated to value USD 1,579.4 Million during the review period with a CAGR of 5.74%. The global linear motor market 2020 is projected to be driven majorly by the global expansion of the industrial automation market. Besides, the growing application of linear motors in several industries such as electronics, robotics, semiconductor, and automotive is estimated to drive during the assessment period. The most significant advantage of linear motors is that it removes the pulley, belts, rotation-to-translation mechanisms, which are required to convert rotary motion to linear motion. The lesser number of mechanical components reduce maintenance, which lessens the ownership cost as well.
Market Segmentation
The global linear motor market can be segregated on the basis of type, application, and region.
On the basis of type, the global linear motor market can be classified into the cylindrical linear motor, u-channel linear motor, and flat-type linear motor. The flat-type direct motor sector is further classified into slotless ironless, slotless iron, and slotted iron.
Because of application, the global linear motor market can be classified into medical, electronics, semiconductor, automotive, robotics, packaging, machine tool medical, printing, and others.
On the basis of region, the global linear motor market can be classified into North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).
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Key Players
The forefront competitors of the global linear motor market are Aerotech Inc. (U.S.), ETEL S.A (Switzerland), Moog Inc. (U.S.), Beckhoff Automation (Germany), ESR Pollmeier GmbH (Germany), H2W Technologies Inc. (U.S.), Yaskawa Electric Corporation (Japan), Sanyo Denki Co. Ltd. (Japan), Kollmorgen Corporation (U.S.), and KML Linear Motion Technology GmbH (Austria). These players contribute a major share in the growth of the linear motor market. Besides, the top players, the other players who contribute to the market, are Jenny Science AG (Switzerland), Sodick Co., Ltd. (Japan), NTI AG LinMot (Switzerland), FANUC Corporation (Japan) Oswald Elektromotoren GmbH (Germany), and others.
Regional Analysis
The geographical analysis of North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America) has been conducted. As per the analysis by MRFR, the APAC region is estimated to dominate the global linear motor market. The region is a hotspot for the semiconductor vertical. With the existence of countries such as Taiwan, Japan, China, and South Korea, the region is propelling at a fast pace. These countries contribute significantly, and hence, the APAC region is estimated to witness high demand and market expansion. On the other hand, the second position is attained by the European market.
The European region is one of the most significant contributors to linear motor components. The region makes an active contribution to market expansion and is likely to maintain its participation. North American is likely to grow at a considerable rate during the review period. The region is likely to exhibit a significant CAGR during the review period. The Rest of the World (RoW), which comprises MEA and Latin America, is likely to exhibit negligible expansion during the forecast period.
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Linear Motor Market By Geography
Asia pacific
Europe
North America
The Middle East and Africa
Latin America
Market Segmentation
Linear Motor Market Covid 19 Analysis
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Table of contents:
1 EXECUTIVE SUMMARY
1.1 GLOBAL LINEAR MOTOR MARKET, BY COMPONENT
1.2 GLOBAL LINEAR MOTOR MARKET, BY ORGANIZATION SIZE
1.3 GLOBAL LINEAR MOTOR MARKET, BY DEPLOYMENT
1.4 GLOBAL LINEAR MOTOR MARKET, BY END-USERS
1.5 GLOBAL LINEAR MOTOR MARKET, BY REGION
2 MARKET INTRODUCTIONS
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
Continued…
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