The Global Electric Linear Cylinders Market Growth Accelerated By Increasing Industrial Automation Trends In Manufacturing Sector

https://www.coherentmarketinsights.com/market-insight/electric-linear-cylinders-market-3031 Electric Linear Cylinders Market
Electric Linear Cylinders Market


Electric linear cylinders are electro-mechanical actuators that are used to change the position of components in automated manufacturing units and industrial machinery. They provide linear motion and are powered by electricity by means of DC motors or servomotors. They find wide application in production lines for food and beverages, plastic processing, pharmaceuticals, and electronics where precise automated motion is required. Electric linear cylinders provide advantages such as high force output, customizable stroke length, controlled positioning, and integration with industrial control systems.

The global Electric Linear Cylinders Market is estimated to be valued at US$ 799.18 Mn  in 2023 and is expected to exhibit a CAGR of 9.6%  over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increasing adoption of industrial automation across manufacturing sectors has been a key market trend fueling the demand for electric linear cylinders. Various industries are automating their production processes using robotics, computer-controlled machinery, and integrated control systems to improve operational efficiency, reduce costs, minimize production errors, and enhance quality control. Electric linear cylinders allow precise automated motion required for automated assembly lines, handling and packaging equipment, pick and place machines, labeling machines and other automated industrial applications. Their ability to deliver high speeds, accelerations and positioning accuracy while operating 24/7 in harsh industrial environments has made them indispensable components of modern automated manufacturing units. The development of IoT-enabled ‘smart’ electric cylinders with remote monitoring capabilities has further expanded their implementation in Industry 4.0 enabled smart factories.


Segment Analysis

The global electric linear cylinders market is dominated by the single-acting subsegment. The single-acting electric linear cylinders hold over 60% of the total market share due to their wide usage in industrial automation equipment and manufacturing processes. These cylinders provide advantage of smooth movement and efficient functioning during smaller tasks like opening/closing lids or up/down movements.

Key Takeaways

The global Electric Linear Cylinders Market Share  is expected to witness high growth over the forecast period. Growth will be driven by increasing demand from industries like semiconductor & electronics, automotive, and food & beverages. The growing adoption of automation for improved efficiency across various processes also supports market expansion. The global Electric Linear Cylinders Market is estimated to be valued at US$ 799.18 Mn  in 2023 and is expected to exhibit a CAGR of 9.6%  over the forecast period 2023 to 2030.

Regional analysis

The Asia Pacific region dominates the global electric linear cylinders market and is expected to maintain its leading position during the forecast period. Rapid industrialization and substantial foreign investments for factory automation in major economies like China and India offer significant opportunities. Countries in Europe and North America are gradually recovering post pandemic and exhibiting steady demand for electric cylinders needed in discrete manufacturing industries.

Key players

Key players operating in the electric linear cylinders market include Amgen Inc., F. Hoffmann-La Roche Ltd, Johnson & Johnson Services, Inc., Pfizer Inc., Sanofi, Eli Lilly and Company, AbbVie Inc., Novo Nordisk A/S, Bristol-Myers Squibb Company.

Get More Insights On This Topic: https://www.ukwebwire.com/the-growing-demand-for-automation-is-driving-the-electric-linear-cylinders-market/

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