An Incisive, In-depth Analysis on the Linear Slide Units Market
This study offers a comprehensive, 360 degree analysis on the Linear Slide Units market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Linear Slide Units market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
The report on the linear slide units market covers comprehensive information about market trends, volume and value (US$ Mn) projections, recent developments, dynamics (drivers, restraints, trends & opportunities) and competition landscape pertaining to the global linear slide units market for the study period 2018 to 2028.
The global linear slide units market is projected to surpass the valuation of US$ 3.5 Bn by the end of the forecast period, at an estimated CAGR of 6.9% during 2018-2028.
Industrial Automation Expanding Roots Faster
Industrial automation in end-use sectors across the global market is growing at a healthy rate. Increasing awareness regarding the effective use of industrial robotics among consumers is compelling them to use these solutions to enhance productivity. With the effective use of industrial automation and solutions such as linear slide units, the production, inline operations and quality of products can be improved considerably. The use of linear slide units also enables end users to improve the production as well as packaging rate and quality by incorporating integrated and innovative technologies, thereby reducing the overhead costs associated with the production process.
End-use Applicability of Linear Slide Units Widening Rapidly
Automotive, construction, electronics, machining, and chemical processing industries, among others, represent potential growth opportunities for the manufacturers of linear slide units. Emerging economies such as India, China, South Korea, Brazil, and Russia, among others are driving construction and industrialization globally, which in turn is expected to accelerate the growth of the linear slide units market.
Linear slide units find a wide range of applications in pick & place and packaging operations across end-user industries as they are more precise and accurate as compared to manual work. Growing automotive & manufacturing industry output is expected to be one of the most significant drivers for the global linear slide units market. Rising urbanization, leading to new infrastructure activities, is further expected to boost the demand for industrial automation and related intelligence. The increasing demand for these machines is expected to further impart traction to the growth of the linear slide units market.
High Accuracy & Durability Gaining Traction for High Speed & Continuous Operations
Linear slide units, especially belt drive units, are known for their high speed and ability to do the job continually at a very high rate. Hence, they are increasingly used in applications where the need for repetitive operations and speed is high. These linear slide units are finding widespread applications in FMCG packaging, beverage packaging, automotive, special purpose machines and other packaging industries.
Moreover, the operational life of these linear slide units is considered to be excellent and the return on investment is also considered to be good. Linear slide units are used to make tedious daily operations into automated operating tasks, providing a higher output with exceptional accuracy.
Advanced Material Technology Favoring India’s Linear Slide Units Market
The adoption of advanced material technology in linear slide units increases load capacity and enhances strength and resistance against corrosion & high temperature. Superior resistance against corrosion and high temperature in timing belt operated linear slide units results in increased productivity, which in turn is expected to fuel the growth of the linear slide units market in the coming years. Due to the introduction of advanced material technology, many materials such as superalloys and aluminum are lightweight and have high strength & load capacity. This is key to the factor estimated to drive the growth of the global linear slide units market.
India & China Highly Lucrative Markets for Linear Slide Units
By region, the linear slide units market has been segmented into North America, Latin America, Europe, South Asia, East Asia, India, and MEA. India and China are expected to grow at significant CAGRs in the global linear slide units market, owing to the robust growth being witnessed in end-use industries as well as a growing awareness about automation within the metal fabrication industry. In terms of value share, Europe is projected to dominate the market throughout the forecast period and is projected to create an absolute $ opportunity worth US$ 513.9 Mn between 2018 and 2028.
Competitive Manufacturing Strategy to Pave Way for Growth of Linear Slide Units Market
The high popularity of linear slide units, specifically in industrial applications, is expected to propel the demand for linear slide units during the forecast period. More importantly, growth in the demand for SPM (special purpose machines) has also been adding to the growth in revenue of linear slide units. Emerging players are strengthening their position in the market by offering cost-effective but highly efficient linear slide units, which in turn is affecting the profit margin of established players, such as Bosch Rexroth, Festo, and THK, among others.
Linear Slide Units Market – Competition Landscape
The global linear slide units market is fairly consolidated. Organized players account for more than a 60% share in the global linear slide units market even though there are numerous small players creating a competitive environment for well-established players.
In the global Linear slide units market, FMI has covered prominent players including Bosch Rexroth, Festo Group, SMC Corporation, Parker Hannifin, Igus, Phoenix Mecano AG, HIWIN Corporation, THK CO., LTD., and Thomson Industries Inc., among others.
Key Questions Answered in Linear Slide Units Market Report
- How has the linear slide units market evolved over the past five years?
- What shape is the linear slide units market expected to take in terms of volume and value during the study period?
- What are the prevailing market dynamics in the linear slide units market?
- What are the competition developments and trends in the linear slide units market?
- What are the underlying macro-economic and industry factors impacting the growth of the linear slide units market?
- Which are the key challenges, opportunities and improvement factors for linear slide units market players?
- What are the market positioning and key strategies of key manufacturers as per the linear slide units market taxonomy?
- How is the competition structured in the linear slide units market at present and how has it evolved over the past few years?
Future Market Research (FMI) analyses the linear slide units market in its new publication titled “Linear Slide Units Market: Global Industry Analysis 2013–2017 and Opportunity Assessment, 2018–2028”. The linear slide units market study considers 2017 as the base year while market values have been estimated for 2018 and a forecast has been developed for the duration from 2018 to 2028. The main objective of the linear slide units market report is to identify the dynamics in the market and illustrate recent updates and insights that may impact the different segments of the global linear slide units market during the forecast period. The CAGR (Compound Annual Growth Rate) for the linear slide units market has been represented for the forecast period 2018 to 2028.
This linear slide units market study includes various viewpoints of the global market, including value chain analysis, market dynamics, macro-economic factors, competition analysis, pricing analysis, segmental and regional growth comparison, linear slide units industry growth analysis and segment-level projections in an inclusive representation. According to FMI’s research, the global linear slide units market is anticipated to register a value CAGR of 6.9% during the forecast period. Growing manufacturing industry and increasing production activities are the two prime factors expected to drive the global linear slide units market during the forecast period.
FMI’s report on the linear slide units market analyses the market at regional and global levels through market segmentation on the basis of key parameters, i.e. pricing, drive, guide, capacity, application, end use, and region/country. Market consolidation is one of the key characteristics observed during the linear slide units study. Importantly, linear slide units are mainly sold through authorized dealers or component assemblers in the global market.
A linear slide unit has become one of the most important automated tools due to its excellent pick and place characteristics as well as excellent efficiency to repeat the same operation again and again. This linear slide units market report has been designed to enable readers to obtain detailed knowledge about the global linear slide units market. It starts with a market introduction, which is followed by definitions and taxonomy, market viewpoint, market dynamics and market analysis by key segments, regional analysis, and competitive landscape. Individual sections covered in the report include qualitative as well as quantitative assessment based on several facts and historical as well as ongoing trends gaining momentum in the global linear slide units market. We have conducted in-depth primary surveys in the region as well as the country-level market. The surveys were focused on getting qualitative as well as quantitative information pertaining to the linear slide units market.
The global linear slide units market report starts with an overview of the market, which provides a summarized view of the report and also provides market definitions and taxonomy. In the subsequent section, the report defines the market viewpoint, which includes macroeconomic factors, forecast factors, value chain and various other qualitative data regarding the market. The section that follows includes market dynamics, such as drivers, trends, restraints, and opportunities impacting the global linear slide units market.
The following sections of the report provide global market value (US$ Mn) and volume (Units) projections for the aforementioned segments. The global market values represented in these sections have been derived by gathering information and data at the country as well as regional levels. The next section of the report provides a concise view of the global linear slide units market based on seven prominent regions considered in the study. The section presents regional market position, growth potential, and market attractiveness analysis for each of these regions. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR (Compound Annual Growth Rate) but also analyze the market on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the market and identify the right opportunities available for value chain participants.
Another crucial feature of this comprehensive report on the linear slide units market is the analysis of all key segments, along with revenue forecasts in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market; however, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve in the linear slide units market.
In order to offer an accurate forecast, FMI started by sizing the current market, which forms the basis of how the global linear slide units market is expected to develop in the coming years. Given the characteristics of the global linear slide units market, we triangulated the outcome of different types of analysis, based on primary research, secondary research and our own analysis. However, forecasting the market in terms of various linear slide units segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the completion of the forecasting exercise.
Global Linear Slide Units Market: Competition Landscape
In the final section of the report, FMI has provided the global linear slide units market structure and a detailed competition landscape to provide a dashboard view of key players operating in the global linear slide units market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the linear slide units market.
The next section includes market share analysis and tier structure analysis of the key manufacturers in the global linear slide units market. Detailed profiles of providers have also been included under the scope of the report to evaluate their long- and short-term strategies, key offerings and recent developments in the linear slide units market. Some of the key players involved in the manufacturing of linear slide units and included in this study are Bosch Rexroth, Festo Group, SMC Corporation, Parker Hannifin, Igus, Phoenix Mecano AG, HIWIN Corporation, THK CO., LTD., and Thomson Industries Inc., among others.
Linear Slide Units Market Reports - Table of Contents
20. Assumptions and Acronyms Used
21. Research Methodology