The Global Linear Motion Products Market Size Was Valued At USD 11.5 Billion In 2022 To USD 18.1 Billion By 2030, Exhibiting A CAGR Of 6.7% During The Forecast Period 2022-2030.

Linear Motion Products Market Overview:

The global COVID-19 pandemic has been unprecedented and shocking. As a result, demand for linear motion products is lower than expected in all regions compared to levels before the pandemic. According to our research, the global market grew 4.4% in 2020 compared to 2019.

One-dimensional motion in a straight line is what linear motion technology is. The main products are linear bearings, linear actuators, linear guides and tables, ball screws, linear motors and drives, and others. The products are used in many different fields, such as equipment for making semiconductors and machine tools, among others. The linear bushing mechanism has steel balls in a cage that roll along a cylindrical shaft and make a point of contact with the shaft. This lets the cage move in a straight line with very little friction. Ball screws are pieces of machinery that turn the rotation of a screw shaft into a straight line. Also, linear guides are a type of bearings that make it easy for rails to move and have little friction because steel balls move inside them.

Market Dynamics:

Latest Trends:

Some of the most well-known companies that make linear motion products are trying to add configurators and digital engineering tools to their manufacturing systems. All of these things help to make the system smart and fully automated. The high level of automation has cut down on downtime, which has increased the rate of production and increased productivity.

For example, Bosch Rexroth AG, one of the most well-known companies that makes linear motion technology solutions, released Smart Function Kit in June 2021. Modern and up-to-date mechatronic solutions for pressing and joining can use the solution. The goal of the kit is to include both hardware and software in its package. During the forecast period, the product will bring customers to smart mechatronics solutions and take linear motion technology to a new level.

In addition to these projects, users and consumers are working hard to make their systems smaller to take up less floor space and make their manufacturing facilities more efficient.

For example, Aerotech recently said that their company is working on an integrated solution to make small electronic drives with all the features. The market for these drives is pretty good.

So, with the integration of smart mechatronics, a lot of attention has been put on the adoption of some new technologies after the development of industry 4.0. Also, using electronics and software technology to make a strong system design should appeal to a large number of people from a variety of applications over the planned time period.

Driving Factors:

Linear-motion technology is the foundation for a number of important parts that are used in modern industrial machinery. Companies in this industry still have trouble maximising performance in a way that is efficient, cost-effective, and safe. So, the goal of all users and manufacturers of mobile, off-highway, and construction equipment is to minimise operating and maintenance costs while maximising vehicle efficiency and durability, even in the worst conditions.

Also, these kinds of advanced motion products offer better ways to make things, like using leadscrew assemblies and linear actuators to make solutions that are clean, quiet, accurate, and cost-effective. Setting up automated warehouses is improving working conditions and increasing capacity and productivity.

In May 2020, Rockwell Automation, Inc. added a new iTRAK 5730 small-frame intelligent track system to its linear motion control system. The solution has made food and drink packaging more flexible.

Part of the reason why linear-motion devices are being used more and more is that technology has changed a lot in recent years. The standards for maximising productivity are getting higher because of the motion products. This is likely to make the growth of the linear motion products market faster in the years to come.

Restraining Factors:

The cost of installation is a big problem for the growth of the market. Most of the high cost comes from other parts that need to be thought about when designing a linear motion system. These include the guides, structural support, seals, lubrication, drives, and accessories between two points. The guides are linked to the base to make movement easier. Also, ball guides can carry the most weight and are the stiffest. Their single or dual-rail integration moves with a little bit of wear. Also, when buying linear motion systems, sometimes standard catalogue products don't meet the needs of the application. Because of this, the vendor has to make a part from scratch or change a standard product, which costs more. Some of these things slow down the growth of the market.

Segmentation Analysis:

By Product:

During the forecast period, the linear bearings segment is expected to have the biggest market share. This is because linear bearings are becoming more popular in the manufacturing industry. Machines used in defence, robotics, robotic surgery, positioners, CT scanners, and other fields, for example, need to work correctly. Linear bearings are important in many different kinds of operations, depending on what they are used for. This has led to more bearings being made to meet a wide range of needs in different industrial sectors.

The segment that is expected to have the biggest share is linear actuators. The rise can be explained by the fact that more and more applications need linear motion, such as computer peripherals, industrial machinery, valves, and many other places. Also, linear actuators are one of the most difficult products to make because they are a key part of robotics and are expected to make a big difference in the future of automated technology.

Also, the market for ball screws is expected to grow a lot in the coming years. It is used in a lot of different industries, like the auto, engineering, and processing industries, to fix things inside machines so they work well, which helps the market grow.

By Application:

During the forecast period, the machining tools segment is expected to grow by a factor of ten. This is because the number of CNC machines for grinding, boring, and lathe machines is on the rise. Motion products' sales are likely to be driven by the automotive industry's need for more lathe systems. In the automotive industry, lathes are used to make things like gearboxes, camshafts, CV joints, and crankshafts.

In the next few years, the semiconductors and electronics market is expected to grow a lot. This is because more money is being put into the semiconductor industry in Asia. This increases the demand for wafer fabrication, wafer assembly, wafer transport, semiconductor testing equipment, and other complex manufacturing processes.

Because more electric cars and passenger vehicles are being made, the automotive segment is also expected to have a big share. Because of this, we need linear bearings, linear actuators, and linear guides to make better, cheaper products in less time.

During the forecast period, the aerospace and medical and pharmaceuticals segments are expected to grow a lot. This is because more and more industrial processes are using self-control and positioning strategies.

Regional Insights:

Asia-Pacific has the biggest share right now and is expected to grow the fastest over the next five years. This is because aerospace, automotive, and machining tool applications, among others, are using more and more of them. Also, as the need for high productivity, increased efficiency, and accuracy and precision grows, linear motion technology is likely to become more common.

In particular, automation is used at many levels of industrial manufacturing in India, and it is used in all sectors. Also, the manufacturing industry is expected to continue to grow and change in the coming years, with a shift from manual help to automation, which will increase demand. In addition, promising government policies in the manufacturing industry and a greater focus on economic diversification in emerging countries are the two main growth drivers that drive industrial automation.

After Asia-Pacific, the market in North America is expected to grow a lot in the next few years. The growth of the market is helped by the fact that there are many well-known global manufacturers in the area. Also, the growing efforts of these companies to improve technology through strong investments in research and development, strategic partnerships, acquisitions, collaborations, and joint ventures are seen as key factors that will help the North America market grow.

The Europe market is expected to grow a little bit, with a big jump in the second half of the period being looked at. Companies are mostly focused on growing their businesses in other countries because manufacturing and the auto industry are two of the biggest sources of income in the region.

During the forecast period, the Middle East and Africa are expected to have steady growth.

The GCC has the largest market share for linear motion products in the Middle East and Africa region. This is because developed Gulf countries use a lot of automation and modernized techniques in their manufacturing and warehouse management systems.

South America is likely to grow slowly because there are only a few places where manufacturing industries can grow. But the slow growth of the industry in South America is due to the small number of companies that make linear motion products and the lack of well-developed distribution channels.

Scope Analysis

Recent Development:

• March 2021 - Hiwin Corporation has released a new 2D/3D drawing download function for thin cross roller bearings.
• January 2022 - NSK acquires Alliance Bearing Repair and Reclaim, LLC to expand its own bearing service capabilities in the Americas.
• August 2021 - Timken acquired Intelligent Machine Solutions, a manufacturer of industrial automation and robotics solutions. The acquisition expands and strengthens the company's Rollon linear motion product series.
• February 2021 - Thomson Industries introduced the Electrak LL electric linear actuator. Equipped to operate in extremely harsh conditions, these solutions offer outstanding environmental protection.
• In June 2022, NTN developed Talking Bearing, a sensor-integrated bearing that transmits vibration, temperature, and rotational speed information wirelessly by integrating a power plant, sensor, and wireless device into a bearing.

Market Segmentation

By Product:

• Bearings
• Linear Guides & Tables
• Actuator
• Ball Screws
• Linear Motors and Drives
• Others

By Application:

• Medical and Pharmaceuticals
• Semiconductor & Electronics
• Aerospace
• Food & Beverages
• Machining Tools
• Automotive
• Other

By Companies:

• UMBRAGROUP (Italy)
• NSK Ltd. (Japan)
• Moog Inc. (U.S.)
• Korta (Spain)
• August Steinmeyer GmbH & Co. KG (Germany)
• SHUTON (Spain)
• Curtiss-Wright (U.S.)
• TSUBAKI NAKASHIMA CO., LTD (Japan)
• KURODA Precision Industries (Japan)
• THK CO., LTD. (Japan)
• Others