27 April 2021
The new report the Linear Motion Market Report to 2031: Forecasts by Product Type (Linear Guides & Tables, Linear Drive System, and Actuators), End-Use Industry (Automotive, Semiconductor & Electronics, Aerospace & Defense, Oil & Gas, Steel Manufacturing, Healthcare, Food & Beverages, and Others), by Region, Country, and Profiles of Leading Companies indicates that the Global Linear Motion Market will see $ XX bn in spending in 2020.
The lead analyst of the report said: "The Linear Motion Market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of the linear motion."
Linear motion systems are a compact system used for product transportation, palletizing, and packaging across various end-use industries. The various control systems include linear guides & tables, linear drive systems, and actuators, which assist in transferring products onto conveyor belts or pushing it across for packaging. The growing demand for accurate and repeatable linear motion control systems further creates the scope for innovation and development in the market over the forecast period.
The growing need for quality product checks, rising demand for small electronic devices in the semiconductor industry, and reduced time-to-market are the primary driving factors fueling market growth. However, the lack of awareness regarding linear motion adoption is estimated to hamper the linear motion systems market growth sales over the forecast period.
The solicitation of proposals by the public-private companies and governments worldwide are expected to mitigate the COVID-19 pandemic impact, which is also estimated to be the key factor fueling the linear motion market growth.
The XX page report contains 107 tables and 209 graphs that add visual analysis to explain developing trends within the linear motion market. The report provides $ XX bn forecasts during the forecast period 2021-2031 for the linear motion submarkets, namely by product type, i.e., linear guides & tables, linear drive system, and actuators.
The XX page report offers market forecasts and analysis for 24 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies' chapter covering more than 15 companies leading the field in the linear motion.
The global linear motion market 2021-2031 report will be of value to anyone who wants to understand better the linear motion market and its various segments. It will be useful for businesses who wish to comprehend a better part of the market they are already involved in or those wishing to enter or expand into a different regional or technical aspect of the linear motion industry.
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