Linear Motor Market Analysis, Demand, and Size of Industry will grow 2.13 Billion by 2030
Research Reports
Apr 19, 2023
The worldwide Linear Motor Market was valued at USD 1140.3 million in 2020, and it is expected to develop at a faster CAGR of 6.1% during the predicted period to account for a larger market share value of USD 2.13 billion by the end of the projected 2020–2030 era.
Linear motors are used to generate strong forces at slow speeds. Its structure is different, yet it functions similarly to torque motors. The latter has a crystal structure type, whereas the former is rolled out flat. The maintenance problems, wear problems, and backlash problems that are present in belt, ball screw, and other opinion-based and rack motion control systems can be eliminated by using other types of motor designs.
The global market demand for linear motors is influenced by a variety of variables. Throughout the anticipated period, the demand for this type of motors will be driven by their expanding use in a variety of industries, including robotics, electronics, automotive, semiconductor, and many others.
Moreover, the market demand is driven by the growing acceptance of different motor types. Moreover, it does away with the pulley, belt, and rotation-to-translation mechanism that is used to convert rotational action to linear motion. While fewer mechanical components are required, maintenance costs are likewise cheap.
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Linear Motor Market Key Players:
Important participants include-
- Aerotech Inc. (US)
- ETEL S.A. (Switzerland)
- Moog Inc. (United states of america)
- Beckhoff Automation (Europe)
- ESR Pollmeier GmbH (Europe)
- H2W Technologies Inc. (United states of america)
- Yaskawa Electric Corporation (Japan)
- Sanyo Denki Co. Ltd. (Asia)
- Kollmorgen Corporation (United states of america)
- KML Linear Motion Technology GmbH. (Austria)
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Linear Motor Market Regional Analysis
The North American, European, Asia-Pacific, Latin American, Middle Eastern, and African regions are among those where the linear motor market has been segmented geographically. Due to the use of this type of motor in numerous applications like control and test equipment, process control, lithography, wafer and die-level packaging, among others, the Asia-Pacific region, which is the fastest-growing region worldwide, currently holds the largest market share in the global linear motor market. The market demand is fueled by the existence of nations like Taiwan, China, South Korea, and Japan. Because of its established sophisticated technological infrastructure, the European area holds the second-largest market share globally for linear motors. Moreover, this area contributes most to the linear motor components. Another motivating aspect is a high per capita disposable income.
Linear Motor Market Segmentation
Based on type, application, and geography, the global linear motor market has been segmented.
Based on Type: The flat-type linear motor, u-channel linear motor, and cylindrical linear motor have each received their own segments of the global market.
The flat-type linear motor dominates the global market since it holds the biggest market share there. Other classifications include slotted iron, slotless iron, and slotless ironless for flat-type linear motors.
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Depending on the application The market has been segmented into medical, printing, robotics, machine tools, packaging, semiconductor, electronics, automotive, and other segments all over the world. The semiconductor application, which generates the most revenue and so dominates the global Linear Motor Market during the study period, holds the biggest market share in the application dividend.
Depending on region: The market has been segmented into five regions: Latin America, Germany, Asia-Pacific, Central America, and the Middle East and Africa. These regions make up the majority of the global market.
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