by The electric linear cylinder market is witnessing significant growth on account of increasing adoption of industrial automation across various sectors such as food & beverages, semiconductor, electronics, and automotive manufacturing. Electric linear cylinders provide precise positioning and linear motion, and find extensive usage in pick and place machines, assembly lines, packaging machinery, and robotics. The growth of the e-commerce industry has also augmented demand for automated warehouses and distribution centers, thereby propelling demand for electric linear cylinders. Electric linear cylinders offer controlled movement, high force capacity, compact size, simplicity of operation and integration, and minimal maintenance over pneumatic or hydraulic cylinders. Rising need for optimizing production efficiency, productivity, and quality has prompted manufacturers to equip their production lines with automated equipment incorporating electric linear cylinders.
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 5.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the major trends in the electric linear cylinders market is the increasing preference for single-rod electric linear cylinders. Single-rod electric linear cylinders have gained popularity as they provide benefits such as reduced cost, less design complexity, low maintenance requirements, and easy replacement. Moreover, single-rod cylinders require less space as compared to double-rod cylinders. Manufacturers are developing innovative single-rod electric linear cylinder designs with increased load capacity, high speed, precision, and durability. For instance, Parker Hannifin offers single-rod electric linear cylinders under the EZ-Track product family for pick and place, packaging, assembly systems, and other linear motion applications.
Another key trend is the growing demand for electric linear cylinders integrated with industrial IoT and sensing technologies. Leading manufacturers are focusing on developing smart electric linear cylinders with integrated sensor technologies to enable condition monitoring, predictive maintenance, and generation of analytical insights. For example, Bosch Rexroth offers IoT-enabled electric linear cylinders that can transmit operation data such as temperature, load, motion state, etc. to cloud platforms. This facilitates remote monitoring and analysis of machine performance. Implementation of industrial IoT is helping optimize maintenance cycles and reduce downtimes of automated processes.
Porter’s Analysis
Threat of new entrants: The linear cylinders market requires large investments in R&D and manufacturing facilities to produce high-quality cylinders. Established brands have widespread recognition and customer loyalty, creating barriers for new players.
Bargaining power of buyers: Buyers have moderate bargaining power given the availability of multiple global and regional suppliers for linear cylinders. However, switching costs are low.
Bargaining power of suppliers: A few large manufacturers globally supply linear cylinders. However, the availability of component suppliers limits suppliers’ bargaining power.
Threat of new substitutes: Limited threat as linear cylinders have applications requiring precise linear motion without significant substitutes. However, growing adoption of electric motors poses a threat.
Competitive rivalry: The market has large established players with global presence. However, it is moderately competitive due to product differentiation and customer loyalty toward brands.
Key Takeaways
The global Electric Linear Cylinders market is expected to witness high growth over the forecast period. 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 5.1% over the forecast period 2023 to 2030.
Asia Pacific dominates the market currently due to presence of manufacturing units and a burgeoning infrastructure sector. China holds significant market share in the region. Europe is witnessing significant growth in the adoption of electric linear cylinders driven by growth of the machine tools industry and adoption of industry 4.0. Germany holds leading position regionally.
Key players: Key players operating in the electric linear cylinders market are Bosch Rexroth AG, Tsubakimoto Europe B.V., RACO-Elektro-Maschinen GmbH, Mul-T-Lock, Exlar Europe GmbH, Linearmech S.R.L., Parker Hannifin, SEW-EURODRIVE GmbH & Co KG, SKF, BJ-Gear, Kollmorgen, Tolomatic, RK Rose+Krieger GmbH, Seimens AG, Moog, Inc., SMC Corporation, and Rockwell Automation.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
