PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1100664
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1100664
The global linear slide market was valued at approximately USD 1,600.8 million at the end of 2021, expected to observe robust growth in revenue over the forecast period.
A linear slide, also known as a linear guide or a linear-motion bearing, is a type of bearing that allows for frictionless travel along a single axis. In machine tools, robotics, actuators, sensors, and other mechanical equipment, moving components in a straight line along any of the three-dimensional axes is frequent. Friction limits unrestricted translational motion when one object comes into touch with another. It is the force exerted by two bodies traveling in opposite directions on each other. The amount of frictional force exerted is determined by the load applied to the surface in contact as well as the surface property known as the coefficient of friction.
The global Linear Slides Market is being driven by the automotive and electrical and electronics industries. The two most common types of rolling components in the linear slides industry are ball bearings and roller slides. Ball-bearing slides give smooth and accurate uniaxial motion, whereas roller slides and cross roller slides are non-electric slides that provide low friction linear motion to equipment powered by hand or inertia. They enable greater weights and improved movement control. The market is developing as a result of the expanding automotive and machine tool industries. In terms of production and industrial technology, the automobile industry is one of the most rapidly increasing industries. Automobile manufacturers are upgrading systems, improving inspection and networking capabilities, and utilizing integration to generate better and more cost-effective vehicles in less time. Linear motors, linear rail guides, linear actuators, and controllers are in high demand around the world because they help to increase the efficiency of manufacturing and production facilities in the automotive industry.
Furthermore, linear slides are utilized in the machining tools industry to automate operations such as boring, cutting, shearing, grinding, and other types of metal deformation, resulting in a high-reliability and low-maintenance solution. Linear motion components such as ball screws, linear guides, linear motors, and actuators are designed to improve the efficiency of equipment that performs repetitive tasks.
Linear Slides Market is segmented on the basis of product type, application, and region. Depending upon product type, the market is divided into Ball Bearing, Roller Slides. Ball bearings held the largest market share in 2020. Sensor components for ball bearings, which are utilized in conveyors, road rollers, and electric motors, have been created by the makers. These parts aid in the digital monitoring of revolution speed, acceleration, axial movement, deceleration, and weight carrying capacity.
Based on application market is divided into Medical Tools, Factory Automation, Machine Tools, Packaging Tools, and Automotive Assembly, among others.
One of the fastest expanding industries in the Linear Slides industry is the automotive industry. Manufacturing and manufacturing technologies have advanced at a rapid pace in this field. To produce a better product in less time, automotive makers are modernizing systems, expanding inspection and networking capabilities, and using integration. Linear rail guides, linear motors, controllers, and linear actuators are in high demand around the world because they assist in improving the efficiency of production and manufacturing facilities in the automobile sector.
The level of competition in the linear slide market ranges from modest to high. Because of the huge number of large and smaller companies in the market, the linear slide market is fairly consolidated. However, organized players control more than half of the linear slide market. To fulfill consumers' ever-changing tastes and wants, key players, providing the linear slide market are eager to offer new goods and enter into expansion partnerships.
For instance, in January 2022, by acquiring Alliance Beading Repair and Reclaim LLC, NSK extended its bearing segment capabilities. With this acquisition, bearing services and support bandwidth for managing bearing life duration have been expanded.
The scope of this report covers the market by its major segments, which include as follows: