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Electric Linear Cylinders Market Analysis | CMI

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Electric Linear Cylinders Market Analysis | CMI

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. ELECTRIC LINEAR CYLINDERS MARKET ANALYSIS • Electric Linear Cylinders Market Report, by Linear Speed (0.1 m/s, 0.1 m/s – 0.5m/s, and above 0.5 m/s), by Vertical (Food and Beverages, Automotive, Healthcare and Pharmaceuticals, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis 2019 – 2027 • Global electric linear cylinders market was valued at US$ 595.7 Mn in 2018 and is expected to reach US$ 962.5 Mn in 2027, exhibiting a CAGR of 5.5% over the forecast period (2019–2027). Among verticals, food and beverages segment is expected to register the highest CAGR of 5.8% over the forecast period.

  3. Market Trends: • Technological advancements in design and development of electric linear cylinders and actuators is a current trend in the industry. Electric cylinders are high-performance and cost-effective alternatives to pneumatic and hydraulic cylinders, which has led manufacturers to focus on innovation in design, and improve capabilities of electric linear cylinders. For instance, Bosch Rexroth offers modern control technology with customization that allows changes in parameters for position, force, and travel speed. The company offers high performance electromechanical cylinders with high-precision ball screw assemblies, complete turn-key systems, high energy efficiency, compact structural design, and hygienic design for users. Current focus of key manufacturers is on providing compact, robust, and reliable design of electric linear cylinders with a longer life span and minimal maintenance. SMAC Corporation offers electric actuators with life cycle beyond 100 million cycles, and the ability to repeat a move within one millisecond. Additionally, the subsea electric actuators by ULTRAMOTION are able to operate at a depth of 22,000 feet underwater (10,000 psi). • Moreover, key players are offering solutions that can be tailored to meet performance specifications specific to industry needs. This may include capabilities that go beyond standard specifications to carry out certain task. For instance, Bosh Rexroth, ULTRAMOTION, RK Rose+Krieger GmbH, and others offer custom-made electric cylinders or actuators for a wide range of applications across various industry verticals.

  4. Above 0.5 m/s segment held a dominant position in the market in 2017 • Among linear speeds, the above 0.5 m/s segment held dominant position in the global Electric Linear Cylinders Market in 2017, and is projected to retain its dominance throughout the forecast period. Electric cylinders with linear speed above 0.5 m/s have application in thrust-rod type actuators. These actuators are ball screw or load screw driven. The primary application of these cylinders is in pushing-pulling and inserting operations, which require very short extension and retraction times. The cylinders with steel reinforced belts achieve speeds of 10 m/s or more. Rack and Pinion cylinders normally reach speeds of 5 m/s. For instance, Curtiss-Wright Sensors & Controls Division Exlar offers FTX Series actuators with electric rod-style structure, which deliver continuous force up to 44 kN, and speed up to 1.166 m/s.

  5. Figure. Global Electric Linear Cylinders Market Size (US$ Mn), by Region, 2018 & 2027

  6. India is expected to witness high adoption of Electric Linear Cylinders by 2027 • In 2018, the India electric linear cylinders market generated revenue of US$ 41.2 Mn, and it is expected to grow at a CAGR of 6.6% over the forecast period. • The market in India is expected to witness significant growth throughout the forecast period owing to rapidly expanding economy, and favorable foreign direct investment (FDI) policies. For instance, according to the Department for Promotion of Industry and Internal Trade (DPIIT), in 2019, FDI equity inflows in India stood at US$ 44.37 billion, which shows increasing focus by foreign investors on expanding their business in India.

  7. Figure. Asia Pacific Electric Linear Cylinders Market Share Analysis, by Country, 2018 & 2027 (%)

  8. Market Drivers: • The automotive industry is one of the largest industries in India, and has observed several new entrants. The recent entry of the U.K.-based brand MG Hector, and South Korea-based brand KIA is expected to boost growth of India’s automotive sector. Therefore, the growing automotive sector and increasing adoption of automation is expected to result in high demand for electric linear cylinders in the market. • Furthermore, some of the prominent automobile manufacturers such as Daimler, BMW, Ford, Nissan, and Volkswagen have production bases in India, which is expected to propel demand for electric linear cylinders. Other industry verticals that are witnessing rapid growth in India such as food and beverages and pharmaceuticals, are also contributing to growth of the electric linear cylinders market in the country.

  9. Global Electric Linear Cylinders Market: Key Players • Major players operating in the global electric linear cylinders industry include Bosch Rexroth AG, Tsubakimoto Europe B.V., RACO-Elektro-Maschinen GmbH, Mul-T-Lock, Exlar Europe GmbH, Linearmech S.R.L., Parker Hannifin, SEW-EURODRIVE GmbH & Co KG, SKF, BJ-Gear, Kollmorgen, Tolomatic, RK Rose+Krieger GmbH, Seimens AG, Moog, Inc., SMC Corporation, and Rockwell Automation.

  10. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Reference : https://www.coherentmarketinsights.com/market-insight/electric-linear-cylinders-market-3031

  11. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  12. Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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