Linear Motor Market Analyzing Growth by focusing on Top Key Operating Vendors

According to a new market research report titled ‘Linear Motor Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026’ published by Transparency Market Research, the global linear motor market is expected to reach US$ 1,878.9 Mn by 2026, expanding at a CAGR of 5.1% from 2018 to 2026. According to the report, the global market is expected to continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific is likely to continue to be at the forefront of global demand, with the market in the region expanding at a CAGR of about 5.7% in the coming years. The flat-bed design of linear motors is anticipated to significantly drive the linear motor market in Middle East & Africa.

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Dynamic Function of the Ironless Linear Motor

The global linear motor market is projected to expand at a significant growth rate, due to the increasing adoption of ironless linear motors. Ironless linear motors do not possess an iron core. Therefore, no attractive force is present between primary and secondary parts, thus avoiding cogging. New innovations in direct drives are estimated to propel the global linear motor market in the coming years. A rise in the adoption of advanced technologies to achieve smooth motion and reduce heat dissipation is estimated to drive the linear motor market during the forecast period. Key market players are continuously enhancing their research and development expertise to design advanced technology in linear motors. Also, demand for a real-time interface between the overlaid machine control and direct drives is expected to augment the linear motor market.