Global Stepper Motor Linear Actuators Market Growth 2023-2029

Global Stepper Motor Linear Actuators Market Growth 2023-2029

A linear actuator is a device that develops a force and a motion through a straight line. A stepper motor-based linear actuator uses a stepping motor as the source of rotary power. Inside the rotor, there’s a threaded precision nut instead of a shaft. The shaft is replaced by a lead-screw. As the rotor turns (as in a conventional stepper motor), linear motion is achieved directly through the nut and threaded screw. It makes sense to accomplish the rotary to linear conversion directly inside the motor, as this approach greatly simplifies the design of rotary to linear applications. This allows high resolution and accuracy ideal for use in applications where precision motion is required.
LPI (LP Information)' newest research report, the “Stepper Motor Linear Actuators Industry Forecast” looks at past sales and reviews total world Stepper Motor Linear Actuators sales in 2022, providing a comprehensive analysis by region and market sector of projected Stepper Motor Linear Actuators sales for 2023 through 2029. With Stepper Motor Linear Actuators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Stepper Motor Linear Actuators industry.
This Insight Report provides a comprehensive analysis of the global Stepper Motor Linear Actuators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Stepper Motor Linear Actuators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Stepper Motor Linear Actuators market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Stepper Motor Linear Actuators and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Stepper Motor Linear Actuators.
The global Stepper Motor Linear Actuators market size is projected to grow from US$ 162.7 million in 2022 to US$ 241.6 million in 2029; it is expected to grow at a CAGR of 241.6 from 2023 to 2029.
In 2019, Parker Hannifin, Thomson Industries, Haydon Kerk and Physik Instrumente (PI) ranked Top 4 of the revenue share in global market, accounting 52.68% of the total share.
According to the study of classification by type, the External Stepper Motor Linear Actuators segment held main share of the global market with 38.27%, in terms of revenue.
Based on application, the Machinery Automation segment consumed the largest part of Stepper Motor Liner Acurators, accounting for 41.70% of total volume in 2019.
North America held a key market revenue share in 2019 with 46.74%.
This report presents a comprehensive overview, market shares, and growth opportunities of Stepper Motor Linear Actuators market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Captive Stepper Motor Linear Actuators
Non-Captive Stepper Motor Linear Actuators
External Stepper Motor Linear Actuators
Segmentation by application
Medical Devices
Pumping Systems
Machinery Automation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Parker Hannifin
Thomson Industries
Haydon Kerk
Physik Instrumente (PI)
IAI Corporation
THK
Lin Engineering
JVL Company
Curtiss Wright
Changzhou DINGS' E&M
Helix Linear Technologies
Microstep GmbH
Venture Mfg
OMS Motion

Key Questions Addressed in this Report
What is the 10-year outlook for the global Stepper Motor Linear Actuators market?
What factors are driving Stepper Motor Linear Actuators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Stepper Motor Linear Actuators market opportunities vary by end market size?
How does Stepper Motor Linear Actuators break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.