Global Linear Motion System Market is accounted for $6.72 billion in 2020 and is expected to reach $11.11 billion by 2028 growing at a CAGR of 6.5% during the forecast period. Growing need for quality inspection and automation, reduced time-to-market, growing demand for high accuracy and repeatability in industrial processes and rising demand for miniaturization of electronic devices in the semiconductor industry are the major factors propelling the market growth.
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By geography, Asia Pacific is going to have a lucrative growth during the forecast period 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 the presence of well-established players providing linear motion system across the region. The region constitutes the presence of 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.
Some of the key players profiled in the Linear Motion System Market include ABB, Automation Tooling Systems, Beckhoff Automation, Bishop-Wisecarver, Bosch Rexroth AG, Fortive, Hepco Motion, Hiwin Corporation, Lintech, Mitsubishi Electric, Nippon Bearing Co. Ltd, Parker Hannifin Corporation, Rockwell Automation Inc, Rollon SpA, Schneeberger AG, Schneider Electric Motion USA, SKF AB, and Thomson Industries Inc.
Types Covered in Linear Motion System Market
• Multi-axis Linear Motion System
• Single-axis Linear Motion System
• Linear Drive System
• Linear Axes
• Linear Guides & Tables
• Linear Modules
• Steel Manufacturing
• Machine Tools
• Material Handling Equipment
End Users Covered:
• Electronics and Semiconductor
• Food & Beverages
• Medical and Healthcare
• Oil & Gas
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