Global Linear Motor Market Growing at CAGR of 6.7% By 2030

Category : Semiconductor And Electronics | Published Date : Jul 2024

Linear Motor Market Scope & Overview:

A linear motor is an electromagnetic device that generates motion along a straight path. It consists of a stator (primary part) with electromagnets or coils, and a mover (secondary part) usually made of a conductive element. Linear motors are used in transportation, robotics, and manufacturing for efficient and direct linear motion without complex mechanical components.

Consegic Business Intelligence analyzes that the Global Linear Motor Market size was valued at USD 1,722.36 Million in 2022 and is expected to register a CAGR of 6.7% to reach USD 2,838.45 Million by 2030.

This report comprises Linear Motor Market Share, Size & Industry Analysis, By Shape (U-Channel Linear Motor, Flat-type Linear Motor, and Cylindrical Linear Motor), By Core (Iron core Linear Motor and Ironless Linear Motor), By Axis ( Single-axis and Multi-axis), By Distribution Channel (Direct OEMs, Distributors, and Direct System Integrators), By Application (Wafer and Die Level Packaging, Process Control, Machine Tooling, Robotics, Photovoltaic, Optics, Medical Instruments, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa), and Forecast, 2023-2030.

This report contains detailed information on Linear Motor Market Opportunities, Trends, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraint or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.

As per the report analysis, Linear Motors is used in the electronics and consumer goods industry to make hard drives, printers, optical disc drives, and home appliances efficient and improve performance. They are essential for precise motion control in automation and robotics, providing smooth, accurate motion, and rapid acceleration, and eliminating the need for traditional mechanical systems to enhance accuracy and reliability in robotic applications.

Segmental Analysis :

The Linear Motor Market is segmented based on shape, core, axis, distribution channel, application, and region.

Based on the shape, the market is trifurcated into U-Channel Linear Motor, Flat-type Linear Motor, and Cylindrical Linear Motor.

  • Flat linear motors accounted for the largest market share of 52.09% in 2022 due to their higher power density, smaller footprint, lower friction, and smoother motion.
  • U-channel linear motors are expected to grow rapidly due to their cost-effectiveness, ease of integration, and high force output for heavy-duty applications. They are also suitable for retrofitting older equipment and require reduced maintenance.

Based on the core, the market is bifurcated into Iron core Linear Motors and Ironless Linear Motor.

  • Iron core linear motors dominated the market in 2022 due to their high force and power density, making them suitable for various applications. They are a cost-effective solution compared to other types of linear motors and are widely adopted in industries such as manufacturing, semiconductor processing, and packaging.
  • Ironless linear motors are expected to have the fastest growth during the forecast period. This is because they have lower moving mass, resulting in lower inertia, and allowing for faster acceleration and deceleration. They also offer higher efficiency compared to iron-cored motors and eliminate cogging, resulting in smooth motion.

Based on the axis, the market is bifurcated into Single-axis and Multi-axis.

  • The largest market share in 2022 is held by single-axis linear motors due to their direct, one-dimensional motion, easy integration into existing systems, cost-effectiveness, and increasing adoption in various applications.
  • Over the forecasted period, the multi-axis segment is expected to have the fastest growth. It offers versatility, flexibility, and higher degrees of freedom in multiple directions while reducing size and weight and increasing equipment speed.

Based on the distribution channel, the market is trifurcated into Direct OEMs, Distributors, and Direct System Integrators.

  • Direct OEMs had the largest market share in 2022 due to their strong brand identities and reputations. Customers trust their products and prefer buying directly from the OEM for authenticity, reliability, quicker access to support, and potential cost control.
  • The text states that distributors are expected to experience rapid growth during the forecasted period. They have an established network, local market knowledge, and sales channels, which can help manufacturers reach new markets efficiently.

Based on the application, the market is segregated into Wafer and Die Level Packaging, Process Control, Machine Tooling, Robotics, Photovoltaic, Optics, Medical Instruments, and Others.

  • Linear motors are gaining traction in machine tooling in 2022 as they enable efficient movement of products, reduce the risk of jams, improve throughput, and ensure precise testing and quality control. They also enable accurate and consistent application of adhesives in assembly processes.
  • Robotics is expected to drive the fastest growth over the forecasted period, due to their ability to provide smooth and precise movement for high-accuracy object manipulation.

By region, the market is segregated into regions including North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

  • North America has the largest market share due to the expanding manufacturing, electronics, and automation sectors. The region's diverse industrial base contributes to the high demand for linear motors to improve productivity and efficiency in production processes.
  • The Asia Pacific region accounted for USD 425.60 million in 2022 and is expected to reach USD 715.29 million in the market shortly. China contributed the largest revenue share of 29.3% in 2022, driven by the growing electronics and semiconductor industry.
Report Attributes Report Details
By Shape U-Channel Linear Motor, Flat-type Linear Motor, and Cylindrical Linear Motor
By Core Iron core Linear Motor and Ironless Linear Motor
By Axis Single-axis and Multi-axis
By Distribution Channel Direct OEMs, Distributors, and Direct System Integrators
By Application Integrated Circuits, Solar Cells, and Others
By Region North America(U.S., Canada, Mexico)
Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe)
APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific)
Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA)
LATAM(Brazil, Argentina, Chile, Rest of LATAM)

Top Key Players & Competitive Landscape :

The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.

List of prominent players in the Linear Motor Industry :

  • Aerotech Inc.
  • ETEL S.A.
  • KML Linear Motion Technology GmbH
  • Kollmorgen Corporation
  • Moog Inc.
  • NTI AG LinMot
  • PiezoMotor Uppsala AB
  • Yaskawa Electric Corporation
  • NUM

Recent Industry Developments :

  • In September 2022, NUM introduced a series of brushless linear servo motors. It is designed for continuous duty cycle applications in machine tools.
  • In June 2019, Mitsubishi Electric Corporation invested in Akribis Systems Pte Ltd to expand the industrial automation portfolio utilizing Akribis's linear motor technology.