The "Linear Motion Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Linear Motion Systems Market to Reach US$9.7 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Linear Motion Systems estimated at US$6.3 Billion in the year 2020, is projected to reach a revised size of US$9.7 Billion by 2027, growing at a CAGR of 6.4% over the period 2020-2027.
Single-Axis, one of the segments analyzed in the report, is projected to grow at a 6.8% CAGR to reach US$3.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Multi-Axis segment is readjusted to a revised 6.2% CAGR for the next 7-year period. This segment currently accounts for a 60.9% share of the global Linear Motion Systems market.
The U.S. Accounts for Over 28.9% of Global Market Size in 2020, While China is Forecast to Grow at a 10% CAGR for the Period of 2020-2027
The Linear Motion Systems market in the U. S. is estimated at US$1.8 Billion in the year 2020. The country currently accounts for a 28.89% share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of US$1.8 Billion in the year 2027 trailing a CAGR of 10% through 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 5.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR while Rest of European market (as defined in the study) will reach US$1.8 Billion by the year 2027.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Bishop-Wisecarver Corporation
- Bosch Rexroth AG
- HepcoMotion India Ltd.
- LinTech
- Nippon Bearing Co., Ltd.
- Pbc Linear
- Rollon S. p. A.
- Schneeberger AG
- Schneider Electric Motion USA
- SKF Group
- THK Co., Ltd.
- Thomson Industries, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of Covid-19 and a Looming Global Recession
- Global Competitor Market Shares
- Linear Motion Systems Competitor Market Share Scenario Worldwide (in %): 2018E
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Linear Motion Systems Market Share (in %) by Company: 2018 & 2027
- Market Analytics
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Linear Motion Systems Market: Competitor Market Share Scenario (in %) for 2018 & 2027
- Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
- Total Companies Profiled: 35
For more information about this report visit https://www.researchandmarkets.com/r/nbnt6t
View source version on businesswire.com: https://www.businesswire.com/news/home/20210119005874/en/
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