As stated in comprehensive research by Market Research Future Reports (MRFR), the worldwide linear motion systems market is speculated to record a CAGR of 7.8%, with a value worth USD 8.76 billion by the end of 2023. The increasing usage of linear motors in sectors like robotics, electronics, automotive, and semiconductor is the most significant factor driving the worldwide [FURL=https://www.marketresearchfuture.com/reports/linear-motion-system-market-6200]linear motion systems market[/FURL] 2020. Moreover, the worldwide amplification of industrial automation is likely to augment the market size significantly. The benefit of the linear motor is that it eliminates certain components like belts, rotation-to-translation mechanisms, pulley, etc. Therefore, it reduces the required maintenance. It also reduced the ownership expenses as well.However, the outbreak of COVID-19 is projected to bring a major impact on the market mechanism. Many regions are facing severe impact because of the novel coronavirus. We will provide COVID-19 impact analysis with the report.
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Market Segmentation
The worldwide linear motion systems market can be divided on the grounds of type, application, and region.
Based on type, the worldwide linear motion systems market can be divided into the u-channel linear motor, the cylindrical linear motor, and flat-type linear motor. The flat type direct motor sector is further sub-divided into slotted iron, slotless ironless, and slotless ironless.
Based on application, the worldwide linear motion systems market can be divided into electronics, medical, semiconductor, robotics, automotive, packaging, printing, machine tool medical, and others.
Based on region, the worldwide linear motion systems market can be divided into North America, Europe, Asia-Pacific, and the rest of the world (which consists of Middle East, Africa, and Latin America).
Key Players
The notable market players of the worldwide linear motion systems market are Rollon SpA (Italy), Schneeberger AG (Switzerland), Bosch Rexroth AG (Germany), SKF AB (Sweden), Schneider Electric Motion USA (US), Thomson Industries, Inc. (the US), Nippon Bearing Co., Ltd (Japan), Hepco Motion (England), Bishop-Wisecarver (US), and Lintech (US).
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