New York, US, Nov. 09, 2022 (GLOBE NEWSWIRE) -- According to a comprehensive research report by Market Research Future (MRFR), “Linear Slides Market Research Report: Information by Usage, Application, Industry Verticals, Region, Range Type, and Slide Types - Forecast till 2030”, the global linear slides market is anticipated to bolter considerably during the evaluation era from 2022 to 2030 at a healthy CAGR of approximately 4.60% to attain a size of around USD 3.56 billion by the end of 2030.
Linear Slides Market Overview:
Linear slides, also called linear-motion bearings or linear guides, enable frictionless and smooth movement along a single axis. Moving components straight along any three-dimensional axes is customary in sensors, machine tools, actuators, robotics, and other mechanical equipment. It is a force offered by two bodies on one another as they start moving in opposite directions. The load put onto the surface in touch and the surface, called the coefficient of friction, establishes the extent of frictional force exercised. Linear ball slides possess a low friction coefficient because of stainless steel ball rollers on four corrosion-resistant stainless steel needle rollers. Liner slides are made to endure applications requiring massive precision, rigidity, and force.
The catalog for critical leaders across the global linear slides market includes players such as:
- Nippon Thompson Co., Ltd. (US)
- Bishop-Wisecarver (US)
- Ball Slides, Inc. (US)
- Intralox (US), SKF (Sweden)
- PHD Inc. (US)
- Del-Tron Precision, Inc. (US)
- Holmarc Opto-Mechatronics (P) Ltd. (India)
- Parker Hannifin Corporation (US)
- igus (Germany)
- THK Co., Ltd (Japan)
- PIC Design, Inc. (US)
- Thomson Industries (US)
- IKO International, Inc.
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The linear slides are produced for various applications in numerous industry sectors such as packaging, packaging medical, aerospace, printing, etc. These slides are developed for several applications in food processing, factory automation, aerospace, printing, machine tool, medical, automotive assembly, packaging, and semiconductor to offer high thrust alongside the growing infrastructure of the electronic and automotive sectors is believed to boost the growth of the market across the globe. Moreover, these slides are available for mechanical motion applications, providing precise motion, smooth operation, and reduced friction.
Linear Slides Market USP Covered
Market Restraints
On the contrary, the substitutes present in the market are predicted to limit the market's growth.
Report Scope:
| Report Metrics | Details |
| Market Size by 2030 | USD 3.56 billion |
| CAGR during 2022-2030 | 4.60% |
| Base Year | 2021 |
| Forecast | 2022-2030 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Key Market Opportunities | Growing per capita disposable income in countries such as China and India Increasing investment in robotic automation and high-tech applications Rapidly developing economies of emerging countries |
| Key Market Drivers | Growing infrastructure of the automotive and electronics industries Increasing demand for automated material handling in the industrial sector |
Market Drivers
The global linear slides market has shown tremendous expansion recently, credited to the increasing demand for automated material handling in the industrial sector, the growing infrastructure of the automotive & electronics industries, and increasing investment in robotic automation.
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Linear Slides Market Segment Analysis
Among all the types, the ball-bearing segment is predicted to secure the top spot across the global linear slides market over the assessment period. The growing demand for the automobile industry is considered the primary aspect is supporting the segment's growth. Ball-bearing refers to a type of rolling element offering three main functions: carrying the load, placing moving machine parts, and lowering friction. These bearings utilize balls to part two bearing rings to lower surface friction and contact across moving planes. The turning of the balls produces a shorter coefficient of friction than flat surfaces. The growing adoption of these ball bearings in washing machines, automobiles, water pumps, bicycles, and fans sectors is believed to be the main aspect supporting the growth of the global segment.
Among all the applications, the automotive segment is predicted to ensure the top spot across the global linear slides market over the review era. In the automotive industry, these slides are utilized to open and close trunks, tailgates, doors, and hoods. They are also deployed in manufacturing automotive components or for securely moving them from one stage to the next. In the food & beverage sector, the linear slides are utilized to move products effortlessly from one stage to the next, short of wreaking any damage. As linear slides do not need installation or elimination work during manufacturing, they can be swiftly constructed with minimal human participation. Therefore, growing demand for linear slides across the food & beverage and automobile industry will enhance the performance of the market over the evaluation period. In addition, the pharmaceutical and electronic segment is anticipated to boost the market's growth, given the growing use of linear slides to move pharmaceutical products with no human interference to prevent contamination.
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Linear Slides Market Regional Analysis
The global linear slides market is analyzed across five critical geographies: Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.
According to the study reports by MRFR, the Asia-Pacific region is predicted to ensure the leading position across the global linear slides market over the review period. The rapid expansion in the construction, electronics, electrical, and automotive sectors across emerging nations such as China, Australia, and India is believed to be the main parameter supporting the growth of the regional market. Furthermore, the quick rise in the population across countries like India and China is also likely to boost the regional market's growth over the evaluation period. In addition, expanding investments in the food & beverage industry and developing economic conditions across countries like India, Vietnam, and Thailand are also anticipated to boost the regional market performance over the coming years.
The North American regional market for linear slides is predicted to show significant development over the review period, given mainly to the rising implementation of linear slides in Canada, Mexico, and the US.
South America and the African regional market for linear slides are likely to record significant development over the coming era, credited to the development of the economies.
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COVID-19 Impact
The global linear slides market has experienced massive disruptions in operations because of the arrival of the global health hazard in the shape of COVID-19. On the other hand, with all the industrial activities getting back to normal, the linear slides market is predicted to show massive expansion over the forecasted timeframe.
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