The global linear motors market was valued at around US$ 1.3 Bn in 2018, and is expected to register a CAGR of 4.8%. The first four-year cumulative revenue (2018–2021) is projected to be over US$ 5.4 Bn, which is expected to increase considerably over the latter part of the four-year forecast period.
Global Linear Motors Market: Segmental Snapshot
The market report has been segmented on the basis of type, application, and region/country. The type segment includes Cylindrical, U-Shaped Slot, and Flat Plate. The application segment includes automotive, electronics, food & beverage, machine tools, material handling, medical, petrochemical, pharmaceuticals, printing, packaging & labelling, paper, robotics, semiconductor machinery, textile, mobile off highways, agricultural & construction, wood working, and others. The regions/countries covered in the analysis are US, Europe, China, Japan, Southeast Asia, and Rest of the World.
By Type: The flat plate linear motors segment accounted for highest revenue share contribution as compared to other type segments, and is expected to maintain its dominance over the forecast period. The u-shaped linear motors segment is expected to register a CAGR of over 4.5% between 2018 and 2025.
By Application: The electronics segment accounts for highest revenue share in the global market and the pharmaceuticals segment is expected to register highest CAGR of over 5% during the forecast period.
By Region/Country: The market in Rest of the World accounted for highest revenue share in the global linear motors market in 2017, and is expected to register a CAGR of over 4.2% over the forecast period.
Global Linear Motors Market: Competitive Analysis
The research report on the global linear motors market includes profiles of some of major companies such as Aerotech Inc., Beckhoff Automation GmbH & Co. KG, ESR Pollmeier GmbH, ETEL S.A., H2W Technologies Inc., Jenny Science AG, NTI AG LinMot, Kollmorgen Corporation, Oswald Elektromotoren GmbH, YASKAWA Electric Corporation, FANUC Corporation, Panasonic Corporation, Mitsubishi Electric Corporation, Sanyo Denki Co. Ltd., and Sodick Co., Ltd.