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Download Free sampleThe global Stepper Motor Linear Actuators market was valued at 148.37 Million USD in 2021 and will grow with a CAGR of 5.99% from 2021 to 2027, based on Research newly published report.
The prime objective of Stepper Motor Linear Actuators Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Stepper Motor Linear Actuators Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A linear actuator is a device that develops a force and a motion through a straight line. A stepper motor-based linear actuator uses a stepping motor as the source of rotary power. Inside the rotor, there`s a threaded precision nut instead of a shaft. The shaft is replaced by a lead-screw. As the rotor turns (as in a conventional stepper motor), linear motion is achieved directly through the nut and threaded screw. It makes sense to accomplish the rotary to linear conversion directly inside the motor, as this approach greatly simplifies the design of rotary to linear applications. This allows high resolution and accuracy ideal for use in applications where precision motion is required.In 2019, Parker Hannifin, Thomson Industries, Haydon Kerk and Physik Instrumente (PI) ranked Top 4 of the revenue share in global market, accounting 52.68% of the total share. According to the study of classification by type, the External Stepper Motor Linear Actuators segment held main share of the global market with 38.27%, in terms of revenue. Based on application, the Machinery Automation segment consumed the largest part of Stepper Motor Liner Acurators, accounting for 41.70% of total volume in 2019. North America held a key market revenue share in 2019 with 46.74%.
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