Oct 21, 2020 SOURCE: BusinessWire

Worldwide Linear Motion System Industry to 2025 - Asia-Pacific Expected to Witness Significant Growth - ResearchAndMarkets.com

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

The 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 concerning the system design and regular updating of technologies incorporated in devising a more accurate and efficient system.

Companies Mentioned

Bosch Rexroth AG
Schneeberger Group
SKF AB
Hiwin Corporation
Thomson Industries Inc.
Nippon Bearing Co. Ltd
NSK Ltd
HepcoMotion Inc.
THK Co. Ltd
The Timken Company
Rockwell Automation Inc.
Parker Hannifin Corporation
Lintech Corporation

Key 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 likely 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 industrial 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 increasing 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 a 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,

Key Topics Covered:

1 INTRODUCTION

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