Linear Motion Market

[95 Pages Report] The linear Motion System Market report share is estimated to be USD 3.2 billion in 2018 and expected to reach USD 4.4 Billion by 2024, at a CAGR of 5.3% from 2018 to 2024.

Linear motion is a one-dimension motion along a single direction in which an object moves along the same axis without fluctuating direction. Linear motion components offer high-performance capabilities such as high speed, high accuracy, and work in a harsh environment within a compact dimension.

Linear Motion System Market Forecast to 2024

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Linear motion component includes linear guides, tracks, actuators, motors, controllers, and precision ball screws that offers optimal travel performance, high load capacities, and high rigidity. These products serve various industrial applications such as packaging, testing & inspection, assembly, and palletizing.

Linear Motion System Market Dynamics:

Driver: Increasing need for quality inspection and automation

Product quality is a prime concern in manufacturing industries, especially pharmaceuticals, food & beverages, automotive, electronics, and semiconductors. In every manufacturing facility, the quality control branch plays an important role. Hence, manufacturers worldwide widely adopt automated linear motion products in their manufacturing and packaging lines. Nowadays, several manufacturers focus on efficient automated processes to reduce throughput time and increase productivity. Increasing demand for finer control over products manufactured or services delivered across industries; fuels the need for quality inspection and automation.

Restraint: High cost of installation for low-volume production

Despite the high demand for linear motion in manufacturing and packaging industries, there still exist restraints to adopting linear motion products for low-volume production, especially in businesses that produce low-volume products with a single production line. As linear motion products are designed per the requirements of an application of a user, it is an inevitable process of modifying or reconfiguring systems every time the application is changed. The cost of reconfiguring and reinstalling these products is high for low volume production.

Opportunity : Growing investments in industrial automation and robotics

Linear motion products are designed to meet the requirements of engineers involved in designing applications in industrial automation and robotics. These products reduce the size of robots while increasing their rigidity and operational speed. The robotic sector gives companies access to the rapidly growing linear motion in manufacturing industries through partnerships, mergers, production expansion, and acquisitions. For instance, in January 2022, FANUC America, a leading supplier of CNCs, robotics, and ROBOMACHINEs, announced a West Campus expansion that will push its operational space in Oakland County, Michigan, to nearly two million square feet. 

Challenge: Lack of skilled manpower to handle complex processes in the automation field

Increasing dependence on automated linear motion equipment might challenge the industry demand, as any small error in the machine might cause a total system failure. These failures can be reduced by hiring skilled workers. This would increase the demand for skilled technicians. However, in most industries, managers face a shortage of qualified engineers and maintenance staff to support and maintain equipment properly. The use of many linear motion components necessitates the requirement of highly skilled workers to mount components and harness cables. Managers must also find a way to transfer the experience from an older and more experienced generation of engineers to the new generation.

Linear Motion System Market Segment Insights:

Based on components, the Linear guides, tracks, and actuators segment held the largest market share in 2018.

Linear guides, tracks, and actuators account for most of the linear motion market share. Linear guides are designed to provide linear movement in industrial applications. According to the customer application, these guides are integrated with rails, carriages, and movers. Miniature linear guides are the tiny version of the larger monorail and guide systems developed and designed for small space applications. Ball screws, motors and drives, and others fulfill the most demanding applications in terms of efficiency, precision, durability, and value. The growing need for automation in various industrial applications, such as packaging and assembly of products, drives the linear motion market.

Based on Industry, the Machining Tools segment dominated the linear motion system market in the year 2018

Machine tools and material handling systems are used to carry out different operations on metals, such as cutting, boring, grinding, shearing, and other forms of deformation. Due to these processes' hazardous nature, industrial robots and linear motion tracks are the preferred choices. Moreover, linear motion components are used to automate these processes to offer high reliability and low maintenance solutions for these applications. These components focus on the optimum performance of the equipment used to perform repetitive tasks. Hence, this industry is expected to hold the largest share of the overall Linear Motion System Market during the forecast period.

Regional Insights:

The Asia Pacific region is projected to Grow at the highest CAGR during the forecast period

Increasing industrial activity and the demand for faster and more accurate linear motion products to achieve high production output and return on investment in APAC. Increasing demand for energy-efficient production processes coupled with the need for automated systems fosters the growth of the linear motion market. High growth observed in machining tool production and other sectors related to the production of electronic products and automobiles, which includes electronics assembly, semiconductor machinery, and customized robots for different applications, are some of the reasons for the growth of the linear motion market in APAC.

Linear Motion System Market by Region

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Key Market Players in Liner Motion Market :

Some of the Major players in the Linear Motion System Market are THK CO., LTD. (Japan), NSK Ltd.  (Japan), HIWIN Technologies Corp. (Taiwan), Nippon Thompson Co., Ltd. (Japan), and Robert Bosch (Germany). These players have adopted various growth strategies such as contracts, joint ventures, partnerships & agreements, acquisitions, and new product launches to expand their presence in the Linear Motion System Market.

THK CO., LTD. manufactures and supplies vital machine components worldwide. THK products help customers convert slippage into controlled rotary motion, enabling machinery parts to move smoothly, efficiently, and precisely with linear motion. The company has focused on creation and development and has developed various products, including linear motion (LM) guides, since the company’s establishment. THK has established an integrated production and sales structure of 118 sales offices and 35 production facilities. The company’s products are used for machine tools, general industrial machinery, precision instruments, semiconductor, and LCD manufacturing equipment, industrial robots, electronic devices, and transport systems, as well as in construction, aerospace, medical and assistive, and other manufacturing industries.

NSK Ltd. produced the first ball bearings in Japan. Since then, the company has spearheaded the development of bearings in Japan. NSK currently offers a full range of bearings and sells them globally. NSK bearings have significantly contributed to many industries' growth and mechanical technology advancement. Presently, the company has the largest share of the bearings market in Japan and is one of the largest bearing suppliers in the world. The company has used its expertise in precision machining technology that has been refined through years of bearing manufacturing. This has been done to diversify into automotive products, precision machinery & parts, and mechatronics products. The company operates in 3 major business units: Automotive, Industrial Machinery, and Others. The Industrial Machinery business includes producing and selling industrial machinery bearings, precision machines & parts, among others.

 Linear Motion System Market Report Scope :

This research report categorizes the linear motion market based on type, industry, and region.

Linear Motion Market, by Industry:

• Aerospace
• Automotive
• Medical and Pharmaceutical
• Machining Tools
• Semiconductor & Electronics
• Food & Beverages
• Others (Paper and Pulp and Textile)

Linear Motion Market, by Region:

• North America
• Europe
• Asia Pacific
• Rest of the World

Linear Motion System Market Highlights:

What is new?

• Major developments that can change the business landscape as well as market forecasts.

The Linear motion system industry has witnessed numerous technological advancements in system and payload capabilities. Substantial investments have been made in the linear motion system's research & development and upgrades. The value chain of the linear motion ecosystem starts with research and development (R&D), which comprises system requirements analysis, comparison of electronics specifications, and prototype development, followed by manufacturing and system integration phases.

• Emerging Technology Trends
  • Internet of Things (IoT)
  • Robotics
  • Artificial intelligence (AI)

• Addition/refinement in segmentation–Increase the depth or width of market segmentation.

Linear Motion System Market, by Components

• Linear guides, Tables, and Actuators
• Ball Screws
• Linear motors & Drives
• Others

• Linear Motion System Market, by Industry
  • Automotive
  • Aerospace
  • Machining Tools
  • Food & Beverages
  • Semiconductor & Electronics
  • Medical and Pharmaceuticals
  • Others.
  • Inclusion of new players and change in the market share of existing players - Linear Motion System Market

  Company profiles: Company profiles give a glimpse of the key players in the market with respect to their business overviews, financials, product offerings, recent developments undertaken by them, and MnM view. In the new edition of the report, we have a total of 25 players (15 major, 10 Startups/SME). Moreover, the share of companies operating in the Linear Motion System Market and start-up matrix have also been provided in the report.

  • Updated financial information and product portfolios of players operating in the Linear Motion System Market

  Newer and improved representation of financial information: The latest edition of the report provides updated financial information in the Linear Motion System Market till 2021/2022 for each listed company in the graphical representation in a single diagram (instead of multiple tables). This would help to easily analyze the present status of profiled companies in terms of their financial strength, profitability, key revenue-generating region/country, business segment focus in terms of the highest revenue-generating segment, and investment in research and development activities.

  • Recent market developments of the profiled players

  Recent Developments: Updated market developments such as contracts, joint ventures, partnerships & agreements, acquisitions, new product launches, investments, funding, and certification have been mapped for 2020 to 2022.

  • New data points/analysis which was not present in the previous version of the report
  • Competitive benchmarking of startups/SMEs covers employee details, financial status, the latest funding round, and total funding (if available).
  • Inclusion of the impact of megatrends on the Linear Motion System Market that includes a shift in global climate change, rapid urbanization, greater customization, and disruptive technologies
  • Technology analysis and case studies are added in this edition of the report to give the technological perspective and the significance of the advancements in the Linear Motion System Market
  • We have included brief patent information for the overall market of Linear Motion Systems.
  • The startup evaluation matrix is added in this edition of the report, covering startups.

  The new edition of the report consists of trends/disruptions in customer business, tariff & regulatory landscape, pricing analysis, and a market ecosystem map to better understand Linear Motion System's market dynamics.

  Recent Developments in Linear Motion Industry

  • In March 2022, Ewellix, the leading global innovator and manufacturer of advanced linear motion technologies, launched an intelligent digital platform to underpin a new and advanced generation of linear motion solutions. SmartX, the new digital platform, has been designed to help engineers develop motion, robotic, and automation systems that offer far greater intelligence, connectivity, and adaptability than achievable from existing equipment.
  • In October 2022, NSK Ltd. launched ball screws for Next-Generation high-accuracy machine tools that provide higher surface finish quality for high-accuracy machine tools used in die and mould machining and other applications.

  Frequently Asked Questions (FAQs):

  What is the current size of the Linear Motion System Market?

  The Linear Motion System Market is projected to grow to USD 3.2 billion in 2018 to USD 4.4 Billion by 2024, at a CAGR of 3.2% between 2018-2024.

  Who are the winners in the Linear Motion System Market?

  THK CO., LTD. (Japan), NSK Ltd.  (Japan), HIWIN Technologies Corp. (Taiwan), Nippon Thompson Co., Ltd. (Japan), Robert Bosch (Germany).

  What are some of the technological advancements in the market?

  Improved Programmable Logic Controllers (PLC) are used for motion control in electric linear actuators. These controllers provide accurate control over acceleration, speed, and torque. However, today, with improvement in the processing power of these PLCs, they can handle motion control tasks much more efficiently. PLCs now enable better connectivity than their earlier counterparts.

  Compact Sized Motor Drives: With the world driven towards miniaturization, there is increasing demand for compact sized linear motion actuators and other motion control devices. Thus, there is an increasing demand for compact-sized motor drives.

  What are the factors driving the growth of the market?

  Increasing need for quality inspection and automation, reduced time-to-market, and growing demand for the miniaturization of electronic devices in the semiconductor industry

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