July 4, 2024
Electric Linear Cylinders Market

Electric Linear Cylinders Market is driven by development of smart electric cylinders integrated with advanced control and connectivity

Electric linear cylinders play a vital role in industrial automation and robotic applications by providing precise controlled linear motion. Electric linear cylinders convert electric energy into linear displacement and force to power automation equipment and manufacturing machinery. They provide control and repeatability which is essential for robotic arms, assembly lines, packaging lines and many other automated industrial processes. Common industries that utilize electric linear cylinders include automotive, electronics, food & beverage, and warehousing & logistics.

Electric linear cylinders consist of an actuator body containing an electric motor, power transmission system and position feedback sensor. The motor generates controlled force and displacement through a screw, belt, or rack & pinion transmission system. Feedback sensors monitor position to ensure accurate, repeatable motion over the full stroke of the cylinder. Electrical connections provide power and signals to control cylinder operation. For industrial applications, cylinders are available in a variety of mounting styles, strokes, forces, and custom configurations to perform specific tasks.

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 development of smart electric cylinders integrated with advanced control and connectivity. Manufacturers are focusing on integrating sensors, analytics and cloud connectivity to enable condition monitoring, predictive maintenance, and remote access capabilities. This allows cylinders to be monitored and controlled remotely for improved oversight across distributed operations. integrating advanced algorithms also allows for capabilities like collision detection, adaptive force control and energy efficient operation. Overall, the trend towards smart, connected cylinders supports the growth of Industry 4.0 initiatives in automation.

Porter’s Analysis

Threat of new entrants: Low. The electric linear cylinders market is well established with major players. New entrants face high investment costs to enter this market and compete with existing players.

Bargaining power of buyers: Moderate. The presence of many established players gives buyers multiple options but specialty requirements increase dependency on major brands.

Bargaining power of suppliers: Low. Commodity parts and availability of substitute materials limits the influence of suppliers.

Threat of new substitutes: Low. No cost-effective substitutes exist for electric linear cylinders in applications requiring precision and automation.

Competitive rivalry: High. Major players compete on performance, technology, quality, and price to drive innovation and market share.

Key Takeaways

The global electric linear cylinders market size is expected to witness high growth. 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.

Regional analysis: Asia Pacific region is dominating the electric linear cylinders market owing to rapid industrialization. China is the largest manufacturer and consumer of electric linear cylinders in the region. European countries such as Germany and Italy are also growing markets for electric linear cylinders due to large automotive manufacturing base.

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:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it