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Rapid Adoption of Ironless Linear Motor to Contribute to the Stellar Growth of Linear Motor Market

Press release Description

Albany, New York, January 30, 2019: Linear motor market is envisaged to grow at an impressive rate, which can be attributed to the rapid adoption of ironless linear motor. There has been a significant rise in the adoption of ironless linear motor, accredited to its property to avoid cogging. This has further resulted in the growth of the linear motor market at the global level. Rising demand to meet smooth motion and cut down the heat dissipation in the motors has called for neoteric technological advancements, which is expected to strengthen the foothold of the linear motor market.

Fierce competition in the market is further intensifying the growth prospects with effective trends being followed by the leading players. In order to analyze the linear motor market at a granular level, a report has been published titled as,” Linear Motor Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”, which has been updated in the broad repository of Market Research Reports Search Engine (MRRSE).

Asia Pacific is yet again expected to hold the largest market share and record a remarkable CAGR of about 5.7% through 2026, on the back of its rapid adoption in this region. Aforesaid factors have collectively contributed to the growth of the linear motor market, which is forecasted to clock a striking CAGR of over 5% through 2026.

Linear Motor Market: Gist of the Market

The primary aim of this market study is to offer an incisive outlook on the linear motor market at the regional and global level. This descriptive study has been analyzed for the period 2018 – 2026 and the base year is considered as 2017. Market has been evaluated in terms of volume (Units) and value (US$ Mn). The descriptive study comprises of value chain analysis, which lends a holistic view of the market.

This analytical study encompasses market attractiveness wherein the market is segmented, based on the design, axis, application, and sales channel. Depending on the axis, the market is classified into single axis and multi-axis. Depending on the application, the market can be classified into electronics and assembly, medical and scientific, flat panel display, metrology, food and beverage, packaging and labelling, semiconductors, and robotics among others. Depending on the sales channel, the market has been segmented into distributors, direct system integrators, and direct OEMs.

A brief outlook on the market dynamics is incorporated in the report, which provides analysis on the key trends, recent developments, opportunities, threats, restraints, and challenges, impacting the growth of the linear motor market. A precise research methodology has been incorporated in the scope for extracting valuable insights for this report. Authentic primary and secondary sources were consulted and key information has been obtained from annual reports, national government documents, company websites and similar sources.

Geographical Segmentation and Competition Matrix of the Linear Motor Market

The market study lends a decisive outlook on the growth of the market across various regions such as Asia Pacific, North America, Europe, South America, and Middle East and Africa. An elaborative view on each of these regions is included in the report, in order to assist the stakeholders of the market extract key information on the market.

Leading players in the market comprise of Aerotech Inc., Moog Inc., ETEL S.A., KML Linear Motion Technology Gmbh, Kollmorgen Corporation, Yaskawa Electric Corporation, PiezoMotor Uppsala AB, NTI AG LinMot, Mitsubishi Electric Corporation, and Rockwell Automation Inc. An insight-rich look at the market revenue share analysis has been encapsulated on the basis of financials, market share, market size, and business strategies. This report will help the stakeholders of the market gain information and formulate strategies.

Browse Full Global Linear Motor Market Report with https://www.mrrse.com/linear-motor-market

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