The global linear slides market is estimated to garner a CAGR of 4.3% during the forecast period (2019-2025), Market Research Future (MRFR) reveals in a detailed report. Linear slides, also called linear motion bearings, are specifically designed to offer motion, which is free in a single direction. It is dependent on bearings like ball bearing, linear roller bearing, magnetic bearing, and dovetail bearing. Linear slides have low inertia, which assists in obtaining high-speed responsive performance. This feature of linear slides makes them a desirable product in the industrial sector.
The global linear slides market is all set to steer forward due to the rising infrastructure of the electronics and automotive industries. The soaring demand for automated material handling in the industrial sector is predicted to contribute to the market growth. The rising per capita income, especially in China and India, growing investments in robotic automation and high-tech applications like optical alignment systems, dental drilling, and the Mars rover are some of the prime factors dictating the growth trajectory of the market. The soaring need for automation and quality inspection, surging demand for miniaturization of electronic devices, and reduced time-to-market in the semiconductor industry are some of the key factors likely to contribute to the market growth.
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Linear slides have become a vital part of several industries such as automotive, F&B, electrical and electronics, packaging, and pharmaceutical, to ensure smooth operation and motion control. This is estimated to offer the market a thrust. Linear slides have numerous industrial applications. The soaring demand for linear slides in these varied industrial sectors is predicted to encourage the market growth. Moreover, features such as heavier load capabilities and enhanced movement control are likely to positively influence the market demand.
The increasing availability of substitutes for linear slides is expected to restrict the growth of the market in the foreseeable future.
Global Linear Slides Market: Segmental Analysis
The global linear slides market is segmented on the basis of slide types, range type, usages, application, and industry verticals.
By range type, the linear slides market is segmented into un-driven, simple, turnkey linear, and multi-axis.
By slide type, the linear slides market is segmented into ball bearing and roller slides.
By application, the market comprises factory medical tools, automation, machine tool, packaging tools, automotive assembly, and others.
By usage, the market is segmented into industrial and commercial.
The linear slides market, by industry verticals, is segmented into automotive, food, beverage, pharmaceutical, packaging, electrical and electronics industry, and others.
Geographically, the linear slide market spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).
Considering the global scenario, Asia Pacific is likely to acquire the largest market share due to the current boom in electrical, automotive, construction, and electronics industries, especially in China, India, and Australia. The ever-increasing population in nations like India and China, surging investment in the F&B industry and enhancing economic condition in Vietnam, Thailand, and India are predicted to trigger the demand from the linear slides market.
North America is predicted to witness significant growth during the review period, mainly due to the surging adoption of linear slides in economies like Canada, the U.S., and Mexico. The existence of a high concentration of linear slide manufacturers in Mexico, the U.S., and Canada is further likely to boost the market demand.
The players dominating the global linear slides market include Intralox (US), Bishop-Wisecarver (US), Del-Tron Precision, Inc. (the US), SKF (Sweden), THK Co., Ltd (Japan), Parker Hannifin Corporation (US), PHD Inc. (US), Ball Slides, Inc. (the US), igus (Germany), Holmarc Opto-Mechatronics (P) Ltd. (India), IKO International, Inc., PIC Design, Inc. (the US), Thomson Industries (US), and Nippon Thompson Co., Ltd. (US).
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