The Global Linear Motor Market was valued at USD 1,140.3 million in 2017 and is expected to reach USD 1,579.4 million by the end of forecast period with a CAGR of 5.74%. Growth in semiconductor and electronics industry is expected to create demand for linear motor market during the forecast period. Growth of industrial automation across the globe is also driving the rapid adoption of linear motors. Linear motors have ... Read more
According to the latest report by Market Research Future (MRFR), the global linear motor market was valued at USD 1,140.3 million in 2017 and is expected to reach USD 1,579.4 million by the end of the forecast period with a CAGR of 5.74%.
Factors such as the compacted design of linear motors and the usage of the real-time interface are observed as vital in influencing market growth trends over the review period. Nevertheless, the ... Read more