Global Linear Transfer Systems Market Research Report 2022
Market Analysis and Insights: Global Linear Transfer Systems Market
Compared to 2020, Linear Transfer Systems market managed to increase revenue by 5.62 percent to $ 582.76 million worldwide in 2021 from $ 551.76 million USD in 2020. Overall, the Linear Transfer Systems market performance is positive, despite the weak economic environment. The global Linear Transfer Systems market is expected to reach $ 1081.06 million by 2028 from $ 620.89 million in 2022, growing at a CAGR of 9.68% from 2022 to 2028. As the same time, the market would still face such risks, including the prolonged US-China trade friction, the UK's withdrawal from the EU, and Japan-South Korea relations deteriorate, as well as the economy deteriorated sharply toward the end of the year due to the spread of new coronavirus infections.
The global main companies of Linear Transfer Systems include Bosch Rexroth AG, ATS Automation, Rockwell Automation, Festo, Beckhoff Automation, B&R Industrial Automation(ABB), and etc. In 2021, the global six largest players have a share approximately 71.24% in terms of revenue.
The North America Linear Transfer Systems market is estimated at US$ 145.25 million in 2021, while China is forecast to reach US$ 267.09 million by 2028. The proportion of the China is 19.53% in 2021 and it is predicted that the share will reach 24.71% in 2028, trailing a CAGR of 12.54 % through the analysis period. As for the Europe Linear Motor-driven Transfer Systems landscape, Germany is projected to reach US$ 96.35 million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is 10.99 % and 9.83 % respectively for the next 6-year period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Linear Transfer Systems market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Linear Transfer Systems market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Linear Transfer Systems market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Linear Transfer Systems market.
Global Linear Transfer Systems Scope and Market Size
Linear Transfer Systems market is segmented by players, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Linear Transfer Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2017-2028.
By Company
Bosch Rexroth AG
ATS Automation
Rockwell Automation
Beckhoff Automation
B&R Industrial Automation(ABB)
Festo
Afag
PIA Automation Amberg
Ruhlamat
Motion Index Drives
Pematech
TAKTOMAT
Innovative Automation(Mecsmart System)
Haberkorn
Segment by Type
Hydraulic Linear Transfer Systems
Electric Linear Transfer System
Segment by Application
Electronics Assembly Line
Automotive Assembly Line
Medical and Life Sciences Assembly Line
Logistics
Others
By Region
North America
United States
Mexico
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America
Brazil
Rest of Latin America
Middle East & Africa
Middle East
Africa
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook