Linear-Motion Bearing Market 2021: Review, Future Growth, Global Survey
Market Synopsis As per the research by Market Research Future Reports (MRFR), the global linear motor market is estimated to value USD 1,579.4 million during the review period with a CAGR of 5.74%. The global linear motor market 2020 is projected to be driven majorly by the global expansion of the industrial automation market. Besides, the growing application of linear motors in several industries such as electronics, robotics, semiconductor, and automotive is estimated to drive during the assessment period. The most significant advantage of linear motors is that it removes the pulley, belts, rotation-to-translation mechanisms, which are required to convert rotary motion to linear motion. The lesser number of mechanical components reduce maintenance, which lessens the ownership cost as well. Due to the sudden outbreak of novel coronavirus, there has been an immense change in the market dynamics. Several regions have been affected due to the pandemic. We will pr...