Electric Linear Cylinders Market is predicted to grow from $25 billion in 2021 to $45 billion by 2030, at a CAGR of 6.5% during the forecast period.
Electric linear cylinders are devices that convert an electric motor's rotational motion into linear motion. These mechanical, electrically-powered linear cylinders with straight-line push-and-pull motion are made up of motors, linear guides, and driving systems. The intended use, drive type, motor type, mounting type, and electrical properties are among the key specifications. Electric linear cylinders are employed in a variety of settings, including those involving transportation, healthcare, industrial machinery, material handling, and agricultural equipment. These cylinders are in charge of delivering precision, control, and speed.
The demand for automated production is increasing to control quality and production costs as the global automobile industry keeps rising. Electric linear cylinders are used in many automobile manufacturing processes by several vehicle manufacturers as a result of this enhanced automation. This is propelling the growth of the Electric linear cylinders market.
Market Dynamics:
Drivers:
As the global automotive industry continues to expand, so does the demand from automakers for electric linear cylinders to manage quality and manufacturing costs. Electric Linear Cylinders are used in a variety of automotive production processes by several automakers as a result of this increased automation. They are incorporated into a variety of vehicle assembly mechanisms, including pressing, lifting, moving, bending, and stamping. Vehicle doors opening and closing, robotic spot soling, pressing assembly, robotic dispensing, and robotic tightening are just a few possibilities for this technology. The cylinders are dependable, fast, and extremely precise. This will influence the rapid development of global market for electrical linear cylinders.
Restraints:
Although these cylinders function well in the majority of situations, they need the usage of equipment that is meant specifically for hazardous and flammable environments. Only cylinders made expressly for systems operating in environments with flammable or explosive gases or particulates are permitted to be used in such systems. This is significant to avoid harm or injury. Different electrical linear cylinder components have high upfront costs. These factors are predicted to slow the rate of growth of the global electric linear cylinders market.
Opportunities:
In daily life, linear cylinders play a crucial role. They are utilized particularly in non-industrial applications such as material handling, robotics, food and beverage processing, window automation, cutting machinery, farming machinery, valve operations, and solar panel and other valve operations. Linear cylinders make mobility dependable, secure, and precise, especially when users pair them with sensors or other intelligent gear. The combination enables employees to complete previously boring activities with little manual labor. Motion is made possible in robotics-related machinery by linear cylinders. They provide robots with wheels, clamps, arms, and legs so they may interact with their surroundings. These factors help boost the electric linear cylinders market.
Key Players:
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Actuonix Motion Devices Inc.
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Bishop-Wisecarver Corporation
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Burr Engineering & Development Company
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Del-Tron Precision, Inc.
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Duff-Norton
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Emerson Electric, Co
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Exlar Automation
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Flowserve Corporation
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Helix Linear Technologies
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Kollmorgen Corporation
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Lin Engineering, Inc.
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LINAK
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Moticont
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Parker Hannifin Corporation
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PBC Linear
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Progressive Automation Inc.
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REGNER®
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Rockwell Automation, Inc.
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Rollon India Pvt. Ltd
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Shenzhen ZhaoWei Machinery & Electronics Co., Ltd
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SMC Corporation of America
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Thomson Industries, Inc.
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TiMOTION Technology Co. Ltd
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Tolomatic, Inc.
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Tsubakimoto Chain, Co
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Tusk Direct, Inc.
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Venture Manufacturing
Market Segmentation:
Electric Linear Cylinders Market, By Application
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Industrial Automation
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Robotics
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Vehicle & Equipment
Electric Linear Cylinders Market, By Type
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AC Electric Linear Cylinders
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DC Electric Linear Cylinders
Electric Linear Cylinders Market, By Region
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North America
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Europe
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Asia-Pacific
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Latin America
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Middle East & Africa
Regional Analysis:
The Asia Pacific region dominated the global cylinders market. The Asia Pacific region's industries are constantly expanding their capacities and increasing the use of machinery outfitted with cutting-edge cylinders. Countries like Japan and China are investing in the field of robotics and process automation. This has boosted the Electric linear cylinders market.
In terms of revenue, Europe is predicted to command the global market for electric linear cylinders during the forecast period, followed by North America. The quickly rising automotive sector, rise in the use of electric liner cylinders due to their clean technology, and growing investment in the development of electric linear cylinders with enhanced features are all factors that are significantly influencing the market's growth in Europe.
Scope of the Report:
Report Coverage |
Details |
Base year |
2021 |
Forecast period |
2030 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.5% |
Regional analysis |
North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa |
Current Market size |
USD 25 Billion |
Forecast market growth |
USD 45 Billion |
User
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Introduction
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Market Size Estimation
The overall size of the market has been estimated and validated using both top-down and bottom-up methods. The sizes of other market subsegments have also been thoroughly estimated using these methodologies.
In the top-down technique, the market is divided into segments based on the percentage share of each segment. This method assisted in determining the size of each segment's market. The market size of each segment and its sub-segments was then divided into regional market sizes. This Approach helps mainly with the new Product Launch. It uses Multi-variate Regression Model coupled with Vendor based primary research inputs to forecast to the Market Size.
In the Bottom-Up approach, comprehensive study of key players has to be done wherein we add the market size of the major key players to understand the national market size which helps to determine the regional market size and eventually the complete market size. Companies annual report along with data from paid and unpaid resources like reports from government agencies and organizations like world bank provide the data for this approach.
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