Electric Linear Cylinders Market Analysis | Coherent Market Insights

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ELECTRIC LINEAR CYLINDERS MARKET ANALYSIS

• Electric Linear Cylinders Market Report, by
  Linear Speed (0.1 m/s, 0.1 m/s 0.5m/s, and
  above 0.5 m/s), by Vertical (Food and Beverages,
  Automotive, Healthcare and Pharmaceuticals, and
  Others), and by Region (North America, Europe,
  Asia Pacific, Latin America, and the Middle East
  and Africa) - Size, Share, Outlook, and
  Opportunity Analysis 2019 2027
• Global electric linear cylinders market was
  valued at US 595.7 Mn in 2018 and is expected to
  reach US 962.5 Mn in 2027, exhibiting a CAGR of
  5.5 over the forecast period (20192027). Among
  verticals, food and beverages segment is expected
  to register the highest CAGR of 5.8 over the
  forecast period.

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Market Trends

• Technological advancements in design and
  development of electric linear cylinders and
  actuators is a current trend in the industry.
  Electric cylinders are high-performance and
  cost-effective alternatives to pneumatic and
  hydraulic cylinders, which has led manufacturers
  to focus on innovation in design, and improve
  capabilities of electric linear cylinders. For
  instance, Bosch Rexroth offers modern control
  technology with customization that allows changes
  in parameters for position, force, and travel
  speed. The company offers high performance
  electromechanical cylinders with high-precision
  ball screw assemblies, complete turn-key systems,
  high energy efficiency, compact structural
  design, and hygienic design for users. Current
  focus of key manufacturers is on providing
  compact, robust, and reliable design of electric
  linear cylinders with a longer life span and
  minimal maintenance. SMAC Corporation offers
  electric actuators with life cycle beyond 100
  million cycles, and the ability to repeat a move
  within one millisecond. Additionally, the subsea
  electric actuators by ULTRAMOTION are able to
  operate at a depth of 22,000 feet underwater
  (10,000 psi).
• Moreover, key players are offering solutions that
  can be tailored to meet performance
  specifications specific to industry needs. This
  may include capabilities that go beyond standard
  specifications to carry out certain task. For
  instance, Bosh Rexroth, ULTRAMOTION, RK
  RoseKrieger GmbH, and others offer custom-made
  electric cylinders or actuators for a wide range
  of applications across various industry
  verticals.

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Above 0.5 m/s segment held a dominant position in
the market in 2017

• Among linear speeds, the above 0.5 m/s segment
  held dominant position in the global Electric
  Linear Cylinders Market in 2017, and is projected
  to retain its dominance throughout the forecast
  period. Electric cylinders with linear speed
  above 0.5 m/s have application in thrust-rod type
  actuators. These actuators are ball screw or load
  screw driven. The primary application of these
  cylinders is in pushing-pulling and inserting
  operations, which require very short extension
  and retraction times. The cylinders with steel
  reinforced belts achieve speeds of 10 m/s or
  more. Rack and Pinion cylinders normally reach
  speeds of 5 m/s. For instance, Curtiss-Wright
  Sensors Controls Division Exlar offers FTX
  Series actuators with electric rod-style
  structure, which deliver continuous force up to
  44 kN, and speed up to 1.166 m/s.

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Figure. Global Electric Linear Cylinders Market
Size (US Mn), by Region, 2018 2027
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India is expected to witness high adoption of
Electric Linear Cylinders by 2027

• In 2018, the India electric linear cylinders
  market generated revenue of US 41.2 Mn, and it
  is expected to grow at a CAGR of 6.6 over the
  forecast period.
• The market in India is expected to witness
  significant growth throughout the forecast period
  owing to rapidly expanding economy, and favorable
  foreign direct investment (FDI) policies. For
  instance, according to the Department for
  Promotion of Industry and Internal Trade (DPIIT),
  in 2019, FDI equity inflows in India stood at US
  44.37 billion, which shows increasing focus by
  foreign investors on expanding their business in
  India.

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Figure. Asia Pacific Electric Linear Cylinders
Market Share Analysis, by Country, 2018 2027 ()
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Market Drivers

• The automotive industry is one of the largest
  industries in India, and has observed several new
  entrants. The recent entry of the U.K.-based
  brand MG Hector, and South Korea-based brand KIA
  is expected to boost growth of Indias automotive
  sector. Therefore, the growing automotive sector
  and increasing adoption of automation is expected
  to result in high demand for electric linear
  cylinders in the market.
• Furthermore, some of the prominent automobile
  manufacturers such as Daimler, BMW, Ford, Nissan,
  and Volkswagen have production bases in India,
  which is expected to propel demand for electric
  linear cylinders. Other industry verticals that
  are witnessing rapid growth in India such as food
  and beverages and pharmaceuticals, are also
  contributing to growth of the electric linear
  cylinders market in the country.

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Global Electric Linear Cylinders Market Key
Players

• Major players operating in the global electric
  linear cylinders industry include Bosch Rexroth
  AG, Tsubakimoto Europe B.V., RACO-Elektro-Maschine
  n GmbH, Mul-T-Lock, Exlar Europe GmbH, Linearmech
  S.R.L., Parker Hannifin, SEW-EURODRIVE GmbH Co
  KG, SKF, BJ-Gear, Kollmorgen, Tolomatic, RK
  RoseKrieger GmbH, Seimens AG, Moog, Inc., SMC
  Corporation, and Rockwell Automation.

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