Linear slide unit demand is expected to be upheld through their efficiency in continuous operations. Belt power devices are expected to look excessive choice as they have got high velocity even as being constantly operated.
Rising commercial hobby, increasing demand for automation, rising use of robotics, growing research and development for industrial equipment, and growing technological proliferation in more than one industry are some fundamental elements that influence linear slide devices market potential over the forecast period.
Linear slide unit shipments increased at a steady CAGR of 5.9% from 2013 to 2021 and ended up with a valuation of US$ 2.2 Bn in 2021. Industry 4.0 has become the new norm in the industrial sector and has largely propelled the demand for automation in multiple verticals such as automotive, packaging, etc.
Advent to advanced cloth technology has in large part influenced linear slide unit call for in India. In this era corrosion resistance and higher temperature resistance can be acquired from linear slide units which increases the productivity and performance of the complete commercial facility. Technological proliferation has improved in India because the country is challenged to fast urbanization and industrialization on a mass scale.
The rising availability of substitutes for linear slide units is anticipated to hinder market potential to a certain extent, but this factor is expected to come into play later during the forecast period. The linear slide units market is projected to evolve at a CAGR of 7.2% from 2022 to 2028.
Growing investments in automation of multiple centers in India and the growing recognition of advanced material technology are predicted to govern the income of linear slide devices in India.
The car zone has passed through important ameliorations over the latest years and this has propelled the call for automation in this enterprise. The automotive enterprise is being important converted with the aid of the rising reputation of evs and considering that car manufacturers are suffering to preserve their sales ability, they’re opting for greater automation as it improves productivity and additionally allows fee-cutting.
Linear slide unit vendors also specialize in developing linear slide units for robotic automation which has visible a boom in utility within the car industry. Linear slide unit producers are also focusing on opportunities from special reason gadget (SPM) production.
Disrupted demand and supply chains rendered a couple of production facilities vain that had been predominant verticals of software for linear slide devices. Linear slide unit consumption is anticipated to upward push at a consistent pace in the publish-pandemic technology as manufacturing activity returns to normalcy.
Key Players:
- Festo Group
- SMC Corporation
- THK CO. LTD.
- Parker Hannifin
- Igus GmbH
- Phoenix Mecano AG
- SKF Group
- Hiwin Corporation
- Thomson Industries Inc.
- Saiprasad Enterprises
