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Download Free sampleThe global Linear Motors market was valued at 110.54 Million USD in 2021 and will grow with a CAGR of 5.65% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of Linear Motors 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, Linear Motors 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).
Linear Motors Market studies the Linear Motors market, a linear motor is an electric motor that has had its stator and rotor "unrolled" so that instead of producing a torque (rotation) it produces a linear force along its length. However, linear motors are not necessarily straight. Characteristically, a linear motor`s active section has ends, whereas more conventional motors are arranged as a continuous loop.The global linear motor market has been broadly segmented based on design, application, and region. According to the research study, the Flat Plate Type segment held a significant share of the of the linear motor market. The segment is anticipated to expand at a CAGR of 7.79% during the forecast period. In terms of design, the Flat Plate Type segment of the linear motor market is anticipated to remain dominant over the forecast period. The Cylindrical Type segment is expected to expand at a CAGR of about 5.81% over the forecast period. Based on application, the Mechanical Engineering segment accounted for significant market share in 2017. This is due to the fact that the Mechanical Engineering industry depends on accurate movement in application-critical manufacturing processes. The semiconductor segment is anticipated to continue to dominate the market during the forecast period. The Semiconductor &Electronics segment is anticipated to expand at a robust CAGR of 8.15% as linear motors are used in the fabrication of electronics chips due to their productivity and reliability.
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