Linear Slide Units Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2028
The global linear slide units market was valued at approximately US$ 2.4 Bn at the end of 2022. At an estimated CAGR of 7.2%, the linear slide units market is expected to observe robust growth in revenue over the forecast period.
Linear slide units mark an emerging trend in factory automation
and work on the linear motion technology. Employed in various industries, such
as food & beverage, retail & e-commerce, machine building & SPMs
(special purpose machines), automotive and others, linear slide units assist in
typical applications where medium to low payload is required at a good speed
and high acceleration. These units can work efficiently in harsh environments
as well.
Linear slide units, considered under the scope of this study,
have been mainly classified on the basis of pricing, drive, guide, capacity,
application, end use, and region/country.
Highlights – Linear Slide Units Market Segmental
Analysis
By pricing, the medium range segment is expected to account for
more than one-half of the market value share in the global linear slide units
market as consumers in the global market prefer economical yet more efficient
linear slide units for their plants. Premium linear slide units are used by
consumers with high capital and customs requirements in the global linear slide
unit market.
On the basis of a drive, the linear slide units market has been
segmented into ball screw and belt drive. The ball screw segment is projected
to grow at a considerable rate in the global market as Linear Slide Units are
used with ball screws; however, when accuracy is not the foremost requirement,
and speed with the ability to reiterate the operation is, then belt drives are
the preferred option.
On the basis of capacity, the Linear Slide Units market has been
segmented into less than 50 kg, between 50-100 kg, between 100-150 kg and above
150 kg. The less than 50 Kg segment is estimated to dominate the global linear
slide units market with a value CAGR of 7.5% between 2018 and 2018, followed by
the 50-100 kg segment.
By application, the linear slide unit market has been segmented
into pick & place, packaging, and inline production. The pick & place
segment is expected to hold around 40% of the global linear slide units market
value share by 2018 and expand at a CAGR of 6.8% over the forecast period
By end use, food & beverage, packaging and machine building
& SPM segments are projected to collectively account for more than a 60%
value share in the global market. On the basis of region, India and East Asia
are estimated to grow at significant rates in the global linear slide units
market, owing to rapid industrialization and the substantial growth being
witnessed in automotive component and metal fabrication industries.
The intensity of competition in the linear slide unit market is
medium to high. There are a large number of big and medium players in the
marketplace, which makes the linear slide units market fairly consolidated.
However, more than 50% of the linear slide unit market is held by organized
players.
Key companies serving the linear slide units market are keen on
launching new products and entering into expansion agreements to meet the
fast-changing tastes and demands of consumers. Some of the key players active
in the global Linear Slide Units market include Bosch Rexroth, Festo Group, SMC
Corporation, Parker Hannifin, Igus, Phoenix Mecano AG, HIWIN Corporation, THK
CO., LTD., and Thomson Industries Inc., among others.
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Full Report: https://www.futuremarketinsights.com/reports/linear-slide-units-market
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