Linear Motion Market worth $4.4 billion by 2024

1
MarketsandMarkets Presents
Linear Motion Market by Component (Linear Guide,
Actuators, Ball Screws, Linear Motors), Industry
(Medical Pharmaceuticals, Semiconductors
Electronics, Aerospace, Food Beverages,
Machining Tools, Automotive), Geography - Global
Forecast to 2024  linear motion market is
expected to reach USD 4.4 billion by 2024 from
USD 3.2 billion in 2018, at a CAGR of 5.3. 
2
MarketsandMarkets Presents
Automotive industry segment is expected to grow
at highest CAGR during forecast period The
automotive industry is one of the fastest growing
industries in the linear motion market. This
industry has been experiencing rapid developments
in terms of manufacturing and manufacturing
technology. Automotive manufacturers are
upgrading systems, adding inspection and
networking capabilities, and taking advantage of
integration to produce a better, cheaper product
in less time. Download PDF Brochure _at_
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id18982633 There is a high demand for
linear rail guides, linear motors, controllers,
and linear actuators worldwide, as these
components help enhance the efficiency of
production and manufacturing facilities in the
automotive industry

3
MarketsandMarkets Presents
Machining tools industry poses largest share of
linear motion market during forecast period In
machining tools industry, linear motion
components are used for automation of the
processes such as cutting, boring, grinding,
shearing, and other forms of deformation of
metals to offer high reliability and low
maintenance solution. The linear motion
components such as linear guides, ball screws,
linear actuators, linear motors, and so on focus
on optimum performance of the equipment used to
perform repetitive tasks. Thus, there is a high
demand for accuracy and path-following
capabilities of linear motion to provide precise
results time-after-time, with greater flexibility
than the other dedicated cutting machines. These
linear motion products improves the performance
of machine tools and has the ability to work
under hostile condition. Hence, machining tools
industry is pertaining the largest market size of
the linear motion market.

4
MarketsandMarkets Presents

Major vendors in the global linear motion market
THK Co., Ltd. (Japan), NSK Ltd. (Japan),
HIWIN Technologies Corp. (Taiwan), Nippon
Thompson Co., Ltd. (IKO) (Japan), Robert Bosch
GmbH (Germany), Schaeffler Technologies AG Co.
KG (Germany), Rockwell Automation Inc. (US),
Timken Company (US), Fortive (US), HepcoMotion
(UK), and SCHNEEBERGER Group (Switzerland).
5
MarketsandMarkets Presents
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. MarketsandMarkets now
coming up with 1,500 MicroQuadrants (Positioning
top players across leaders, emerging companies,
innovators, strategic players) annually in high
growth emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve.
6
MarketsandMarkets Presents
MarketsandMarketss flagship competitive
intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets
and entire value chains for deeper understanding
of the unmet insights along with market sizing
and forecasts of niche markets. ContactMr.
Shelly SinghMarketsandMarkets INC. 630 Dundee
Road Suite 430 Northbrook, IL 60062 USA
1-888-600-6441