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Linear motion system market estimated to grow at CAGR of 5.9%NEW YORK, Jan. 31, 2019 /PRNewswire/ -- Linear motion system market estimated to grow at CAGR of 5.9% from 2018 to 2024 APAC to hold largest size of linear motion system market during forecast period APAC is expected to provide ample growth opportunities for the linear motion system market as it is considered as a major manufacturing hub for most industries.China has been a potential market for all emerging technologies, including linear motion systems. Its massive manufacturing industries have contributed to the growth and prosperity of the country. High growth observed in machine tool production and other sectors related to the production of electronic products and automobiles, which includes electronics assembly, semiconductor machineries, and customized robots for different applications are some of the reasons for the growth of the linear motion system market in APAC. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry people. The breakup of the profile of primary participants has been given below: • By Company Type: Tier 1 – 31%, Tier 2 – 37%, and Tier 3 –32% • By Designation: C-Level Executives – 45%, Managers –36%, and Others – 19% • By Region: North America – 32%, Europe – 30%, APAC – 24%, and RoW – 14% Rockwell Automation Inc. (US), Automation Tooling Systems (ATS) Inc. (US), Robert Bosch GmbH (Germany), ABB Ltd. (Switzerland), Beckhoff Automation GmbH & Co. KG (Germany), Timken Company (US), Fortive (US), Mitsubishi Electric Corporation (Japan), SCHNEEBERGER Group (Switzerland), and Festo AG (Germany) are a few leading players in the linear motion system market. Research Coverage: • By type, the linear motion system market has been segmented into single process systems and multiprocess systems • By industry, the linear motion system market has been segmented into medical, machining tools, semiconductor & electronics, automotive, aerospace, food & beverages, and others (logistics and construction) • The geographic analysis is done with regard to major 4 regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). Reasons to Buy This Report: From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends), market ranking analysis of top players, value chain analysis; company profiles, which discuss the basic views on the competitive landscape, emerging and high-growth segments of the linear motion system market, and high-growth regions; and drivers, restraints, challenges, and opportunities pertaining to the linear motion system market. The report provides insights on the following pointers: • Market penetration: Comprehensive information on linear motion system solutions offered by top players in the overall linear motion system market • Product development/innovation: Detailed insights regarding R&D activities, emerging technologies, and product launches in the market • Market development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for linear motion system solutions and their adoption across regions • Market diversification: Exhaustive information about untapped geographies, recent developments, and investments in the overall linear motion system market • Competitive assessment: In-depth assessment of market ranking analysis, strategies, products, and manufacturing capabilities of leading players in the linear motion system market Read the full report: https://www.reportlinker.com/p05730482 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/linear-motion-system-market-estimated-to-grow-at-cagr-of-5-9-300787404.html SOURCE Reportlinker |