U.S. Linear Motion System Market Thumbnail Image

2023

U.S. Linear Motion System Market

U.S. Linear Motion System Market Size, Share, Competitive Landscape and Trend Analysis Report by System Type (Single Axis and Multi Axis) and End User Industry (Manufacturing, Automotive, Electronics and Semiconductor, Aerospace and Other): Global Opportunity Analysis and Industry Forecast, 2023-2032

Select an option
Author's: Ajitesh Gupta | Sonia Mutreja
Publish Date:

Get Sample to Email

The U.S. Linear Motion System Market Size was valued at $1,437.7 million in 2022, and is projected to reach $2,648.1 million by 2032, registering a CAGR of 6.4% from 2023 to 2032.

Linear motion system is a mechanical arrangement or configuration designed to enable controlled movement in a straight or linear path. This system involves various components and mechanisms that allow objects or devices to move back and forth, side to side, or along a specified linear trajectory. Linear motion systems find application in diverse industries where precise and controlled linear movement is essential for efficient operation.

	US-Linear-Motion-Systems-Market,-2022-2032 (1)

 

Market Dynamics

The demand for effective, quick automated material handling systems in warehouses and distribution centers has expanded as e-commerce has increased. Additionally, because it has so many benefits, from increasing output to reducing labor-related risk, warehouse automation is used in many retail operations, including e-commerce and supermarket. In order to improve operational effectiveness, ecommerce warehouse automation also involves incorporating technology in logistical facilities.

For instance, the Department of Commerce's Census Bureau estimates that total e-commerce sales for 2022 were $1,034.1 billion, up 7.7 percent (or 0.4% from 2021). From 2021 to 2022, total retail sales increased by 8.1% (or 0.9%). Conveyor and robotic arm work are examples of linear motion systems that are essential for streamlining and optimizing warehouse operations. All such instances are expected to drive the U.S. linear motion system market growth.

Moreover, the rapid pace of innovation, the need for industrial providers to adapt to new technology infrastructures and improve their operations and business processes, and the difficulty for businesses in this fiercely competitive market to plan, develop, and deploy new infrastructures while simultaneously focusing on their core competencies are the main factors limiting the growth of the market for automation components.  Additionally, barriers to the expansion of the automation industry include technical competency gaps, a lack of understanding of the benefits of automated operations, and ongoing manufacturing process innovation. 

However, Globally, there has been a significant shift in internet penetration during the last five years. The expansion of the market for automation components in manufacturing, aerospace, and other industries is mostly due to the Internet of Things (IoT) and smart applications platform. Additionally, major market participants are concentrating on the creation of new items to expand their product line. For instance, Linak introduced an electric linear actuator with IOT-Link in January 2021 for a variety of uses in automated machinery in the packaging industry. The solution promises uptime and diagnostic information that enables users to respond rapidly to any situation that slows down production. Such advancements in the linear motion system are expected to offer lucrative opportunities for the expansion of the market during the forecast period. 

Furthermore, several commodities, including food items, oil, and gas, saw a surge in price due to the Russia-Ukraine conflict. Due to supply chain interruptions, there are now more expensive shipping costs, fewer available containers, and less warehouse space. Since there have been delays in shipments and congestion, certain ports have been closed, and orders are being retracted, which influences industry and consumers globally. The decline in investor confidence has also increased stock market volatility. Economic instability has risen due to the strained commercial ties between Russia, Ukraine, and their different trading partners. Hence, all such factors have reduced export possibilities.

Segmental Overview

The U.S. linear motion system market is segmented into system type, end user industry and regions. The system type in the study includes single axis and multi axis. By end user industry, the market is divided into automotive, manufacturing, electronics and semiconductor, aerospace and other.

By System Type:

The U.S. linear motion system market share is divided into single axis and multi axis.A mechanical system designed to facilitate movement along a single linear path and direction is referred to as a single axis linear motion system. Additionally, single axis linear motion systems are employed in numerous fields, including manufacturing, robotics, electronics, and medical equipment. In addition, the market is expanding as a result of increased use of multi-axis linear motion systems across many sectors, including manufacturing, aerospace, aviation, and electronic assembly. Additionally, multi-axis linear motion systems in computer numerical control (CNC) machines regulate the movement of cutting tools along several paths, enabling complicated and precise machining operations on workpieces.

Multi axis is expected to exhibit the largest revenue contributor during the forecast period. Single axis is expected to exhibit the highest CAGR share in the system type of segment in the U.S. linear motion system market during the forecast period.

U.S. Linear Motion System Market
By System Type
Your browser does not support the canvas element.

The single axis segment is projected to grow at a significant CAGR during the forecast period.

By End User Industry:

The U.S. linear motion system market is divided into automotive, manufacturing, electronics and semiconductor, aerospace and others.Linear motion systems were widely used in the automobile industry for several applications, including manufacturing processes, components, and equipment. Additionally, it is essential for improving accuracy, efficiency, and safety in the automotive industry. In addition, for many manufacturing and testing procedures, the electronics and semiconductor industries rely largely on accurate and effective linear motion systems. This method is essential for ensuring the precision, excellence, and accessibility of electrical parts and instruments. Moreover, in numerous sectors of industry, linear motion systems are essential. For processes like assembly, material handling, infection control, and testing, these systems make it possible to move in a straight line with control and precision.

The manufacturing segment is expected to be the largest revenue contributor during the forecast period and expected to exhibit the highest CAGR share in the end user industry segment in the U.S. linear motion system market during the forecast period.

U.S. Linear Motion System Market
By End-user
Your browser does not support the canvas element.

The Manufacturing segment is expected to hold a majority share of the market throughout the study period

Competition Analysis

The major players profiled in the U.S. linear motion system market include system type and end user industry. Based on system type, the market segmented into single axis and multi axis. Based on end user, the market segmented into automotive, manufacturing, electronics and semiconductor, aerospace and other.

Major companies in the market have adopted acquisition, product launch, business expansion, and other strategies as their key developmental strategies to offer better products and services to customers in the Linear motion systems market.

Some examples of expansion and acquisition on the market.

In January 2023- Thomson Industries Inc. launched a range of compact linear systems to assist motion designers in implementing intricate applications in constrained areas. The adaptable, tried-and-true Thomson components can now be used by designers to develop systems that need thrust and bearing support in a single, portable device.

Key Benefits for Stakeholders

  • The report provides an extensive analysis of the current and emerging U.S. linear motion system market trends and dynamics.
  • In-depth U.S. linear motion system market analysis is conducted by constructing market estimations for key market segments between 2022 and 2032.
  • Extensive analysis of the linear motion system market is conducted by following key product positioning and monitoring of top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The U.S. linear motion system market forecast analysis from 2023 to 2032 is included in the report.
  • The key players within the linear motion system market are profiled in this report and their strategies are analyzed thoroughly, which helps us understand the competitive outlook of the U.S. linear motion system industry.

U.S. Linear Motion System Market Report Highlights

Aspects Details
U.S. Linear Motion System Market By System Type
By System Type
  • Single Axis
  • Multi Axis)
U.S. Linear Motion System Market By End User Industry
By End User Industry
  • Manufacturing
  • Automotive
  • Electronics and Semiconductor
  • Aerospace
  • Other

Analyst Review

Increased demand for automation and robotics industries is driving the adoption of advanced linear motion systems to achieve precise and repeatable motion control for various tasks. In addition, high initial costs for installation of linear motion system limit the growth of the market. The higher cost is majorly attributed to additional expenses required for maintenance of equipment for regular function. In addition, the higher maintenance cost is due to timely repairing and servicing of the equipment. Thus, higher costs limited the adoption of linear motion system for various small business and industries with limited budget, which, in turn is limiting the growth of the market.

Furthermore, with ongoing trends of industrial automation, there is significant opportunity for linear motion system manufacturer to provide solution that enables seamless integration with automated process, which provide lucrative opportunity for the market growth during the forecast period.

Author Name(s) : Ajitesh Gupta | Sonia Mutreja
Frequently Asked Questions?

The U.S. Linear motion system Market was valued at $ 1,437.7 million in 2022 and is projected to reach $2,648.1 million by 2032, registering a CAGR of 6.4% from 2023 to 2032.

The base year considered in the U.S. Linear motion system Market is 2022

The report for U.S. Linear motion system Market doesn’t provides Value Chain Analysis, but if there is a requirement for the same, it could be added as an additional customization.

On the basis of system type, multi axis segment is expected to be the most influencing segment in the U.S. Linear motion system.

Based on the end user industry, in 2022, the manufacturing segment generated the highest revenue, and is projected to grow at a CAGR of 7.3% from 2023 to 2032.

The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, and market dominance (in terms of revenue).

The market value of U.S. Linear motion system Market is $ 1,437.7 million in 2022.

Latest version of U.S. Linear motion system Market report can be obtained on demand from the website

Loading Table Of Content...

U.S. Linear Motion System Market

Global Opportunity Analysis and Industry Forecast, 2023-2032