Linear Motors Market Growth 2021 Growing Rapidly with Recent Developments, Trends, Key Findings and Latest Technology, Forecast Research Report 2030

In a recent published report, Kenneth Research has updated the market report for Linear Motors Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Linear Motors Market products.

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Factors such as the growing trade of semiconductors for use in different consumer electronic products, along with the growing trend of automation and IoT, which is raising the need for the deployment of advanced electronic chipsets, therefore the advancement in the trade of semiconductors. According to the statistics by World Semiconductor Trade Statistics (WSTS), semiconductor billings around the globe per 12 months rolling average increased from around USD 250 billion in the year 2010 to around USD 460 billion in the year 2019.

Global Linear Motors Market was valued at USD 1170 Million in the year 2019. Global Linear Motors Market is further expected to grow at a CAGR of 5.7% from 2019 to reach USD 1617 Million by the year 2025. This report studies the Linear Motors Market, a linear motor is an electric motor that has had its stator and rotor “”unrolled”” so that instead of producing a torque (rotation) it produces a linear force along its length. However, linear motors are not necessarily straight. Characteristically, a linear motor’s active section has ends, whereas more conventional motors are arranged as a continuous loop.

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The global linear motor Market has been broadly segmented based on design, application, and region. According to the research study, the Flat Plate Type segment held a significant share of the of the linear motor Market. The segment is anticipated to expand at a CAGR of 7.79% during the forecast period. In terms of design, the Flat Plate Type segment of the linear motor Market is anticipated to remain dominant over the forecast period. The Cylindrical Type segment is expected to expand at a CAGR of about 5.81% over the forecast period. Based on application, the Mechanical Engineering segment accounted for significant Market share in 2017. This is due to the fact that the Mechanical Engineering industry depends on accurate movement in application-critical manufacturing processes. The semiconductor segment is anticipated to continue to dominate the Market during the forecast period. The Semiconductor &Electronics segment is anticipated to expand at a robust CAGR of 8.15% as linear motors are used in the fabrication of electronics chips due to their productivity and reliability.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Major market players in Linear Motors Market are Parker, Bosch Rexroth, Sodick Co. Ltd, Yaskawa Electric, Moog Inc, Hiwin, HAN’S Motor, Beckhoff Automation, Sanyo, FANUC Corporation, Mitsubishi, Akribis Systems Pte Ltd, Kollmorgen Europe GmbH, ETEL S.A., Rockwell Automation Inc, and brief information of 5 more companies provided in the report.

Linear Motors Market Segmentation:
Linear Motors Market Overview, By Product

*Cylindrical Type
*U-Shaped Slot Type
*Flat Plate Type

Linear Motors Market Overview, By Application
*Semiconductor Components and Electronics
*Food Market
*Printing Market
*Others

By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa

Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10079079

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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