|Market Size in 2022||Market Forecast in 2030||CAGR (in %)||Base Year|
|USD 20.5 Billion||USD 40 Billion||8%||2022|
Electric Linear Cylinders Market
The global electric linear cylinder market size was worth around $ 20.5 Billion in 2022 and is predicted to grow to around $ 40 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 8% between 2023 and 2030.
The report analyzes the global electric linear cylinder market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the electric linear cylinder industry.
An Electric Linear Cylinder is a specialized electromechanical device designed to convert rotary motion into linear motion, or vice versa, with precise control and accuracy. This cylindrical device typically consists of a housing containing an electric motor, a lead screw, and a nut mechanism. When the electric motor is activated, it rotates the lead screw, which in turn causes the nut mechanism to move linearly along the length of the screw. This linear movement can be harnessed for various applications such as in industrial automation, robotics, manufacturing processes, and machinery. Electric Linear Cylinders offer several advantages over traditional pneumatic or hydraulic actuators, including greater precision, programmable control, and quieter operation. They are often utilized in scenarios requiring precise positioning, controlled force, or consistent linear motion. Additionally, these cylinders can be integrated into larger systems and controlled using electronic signals, making them suitable for use in complex and interconnected setups.
Rapidly Growing Automotive Industry Is Likely To Boost The Overall Market
The rapidly growing automotive industry is likely to boost the global electric linear cylinder market. The electric linear cylinder offers numerous advantages such as the highest precision and is easily scalable for any purpose or force requirement. In addition to this, they can be easily programmed or networked, and immediate feedback for maintenance & diagnostic is available. They also offer complete control of motion, providing applied forces, stroke lengths, and custom speed with very little noise as compared to pneumatic & hydraulic cylinders. All these beneficial factors have led to a rise in the adoption of electric linear cylinders thereby contributing to the growth of the global market. In addition, electric linear cylinders run on electricity, a clean technology, and thus have a low risk of product contamination, making them the most popular choice in medical, water, food & beverages, and pharmaceutical industries. For instance, in February 2023, Thomson Industries, Inc. introduced the Electrak LL electric linear actuator. This novel actuator can work in the harshest conditions. It offers better performance and optimal environmental protection.
Further, the clean technology benefits and increased efficiency help to minimize the environmental footprint. These are some of the key aspects that are spurring the growth of the global market. Furthermore, technological advancements for the up-gradation of the product will lead to ample opportunities for the growth of the global electric linear cylinders market over the forecast period.
High initial setup price can restrict industry growth globally
One of the significant restraint factors for the electric linear cylinder market is the high initial investment required for the adoption of electric linear cylinder systems. These systems involve the purchase of not only the linear cylinders themselves but also the associated control systems, sensors, and integration with existing infrastructure. The upfront capital expenditure can be a barrier, particularly for small and medium-sized enterprises (SMEs) and industries with budget constraints
Integration with Industry 4.0 for enhanced automation opens new growth avenues for the global market
As manufacturing industries increasingly adopt Industry 4.0 concepts, electric linear cylinders can seize the opportunity to become key components of advanced automation systems. These cylinders can be equipped with sensors and communication interfaces, enabling them to provide real-time data about their status, position, and performance. This data can be utilized for predictive maintenance, optimizing production processes, and ensuring continuous operation. By integrating electric linear cylinders with IoT platforms, manufacturers can achieve higher levels of process automation and remote monitoring. For instance, the cylinders' data can be analyzed to predict when maintenance is needed, reducing unplanned downtime and minimizing production disruptions. Additionally, the precise control offered by electric linear cylinders aligns well with the demands of intricate automated tasks in industries such as electronics, automotive, and pharmaceuticals.
High costs associated with instability in all conditions can prove detrimental to the growth path of the global industry
The electric linear cylinder is considered to have a higher starting price and more design than pneumatic or hydraulic. Many electric linear actuator products have a high initial cost. These factors are expected to influence the market growth of the global electric linear actuator market during the forecast period. Furthermore, Electrohydraulic actuators have an upfront cost, especially when multiple units have to be delivered or installed.
The global electric linear cylinder market is segmented based on type, application, and region.
Based on the type, the global electric linear cylinder market is segmented is divided into DC electric linear actuators and AC electric linear actuators. DC electric linear actuators offer exceptional precision and accuracy in controlling linear motion. This level of precision is crucial in industries where intricate tasks, delicate assembly processes, and fine adjustments are required. The ability to position objects with high repeatability makes DC electric linear actuators sought after in applications ranging from medical device manufacturing to electronics assembly.
Based on the application, the global electric linear cylinder industry is segmented is divided into industrial automation, robotics, commercial, and others. The commercial segment is expected to dominate the market over the forecast period. Electric linear cylinders are used in different types of commercial devices such as retail displays, office equipment, and vending machines. It provides high repeatability and precision, which is required for various applications. Moreover, they are compact in structure and require very low maintenance, making them ideal for commercial use.
|Report Attributes||Report Details|
|Report Name||Electric Linear Cylinders Market|
|Market Size in 2022||USD 20.5 Billion|
|Market Forecast in 2030||USD 40 Billion|
|Growth Rate||CAGR of 8%|
|Number of Pages||228|
|Key Companies Covered||BJ-Gear, Kollmorgen, SKF, SEW-EURODRIVE GmbH & Co KG, Parker Hannifin, Linearmech S.R.L., Bosch Rexroth AG, Exlar Europe GmbH, Mul-T-Lock, RACO-Elektro-Maschinen GmbH, and Tsubakimoto Europe B.V. among others.|
|Segments Covered||By Type, By Application, and By Region|
|Regions Covered||North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)|
|Historical Year||2017 to 2021|
|Forecast Year||2023 - 2030|
|Customization Scope||Avail customized purchase options to meet your exact research needs. Request For Customization|
Europe is expected to dominate the market during the forecast period
Europe is anticipated to lead the global electric linear cylinders market in terms of revenue during the forecast period followed by North America. Factors that are majorly contributing to the growth of the market in Europe are the rapidly expanding automotive industry, the surge in the use of electric liner cylinders due to their clean technology, and growing investment in the development of electric linear cylinders with advanced features.
On the other hand, Asia Pacific is estimated to grow at the highest CAGR value. This is attributed due to the rise in automation in the industry, growing demand for agricultural & industrial equipment, and many major players attracted to expand their business in Japan, China, and especially in India due to its 100 percent FDI policy.
Some of the key manufacturers operating in the global electric linear cylinders market are:
These players are focusing on new launches to tap into new markets.
An electric linear cylinder is a mechanical device used to convert electrical energy into linear motion. It is designed to produce controlled and precise linear movement, making it suitable for various industrial and commercial applications. Electric linear cylinders are commonly used in scenarios where precise positioning, controlled force, and accurate motion are required.
The primary factor projected to drive the electric linear cylinder market is the rapidly growing automotive industry. The electric linear cylinder offers numerous advantages such as the highest precision and is easily scalable for any purpose or force requirement. In addition to this, they can be easily programmed or networked, and immediate feedback for maintenance & diagnostic is available.
According to the report, the global electric linear cylinder market size was worth around $ 20.5 billion in 2022 and is predicted to grow to around $ 40 billion by 2030.
The global electric linear cylinder market is expected to grow at a CAGR of 8% during the forecast period.
The global electric linear cylinder market growth is expected to be driven by Europe due to its strong emphasis on industrial automation, precision engineering, and a commitment to developing innovative solutions for complex machinery and manufacturing processes.
Some of the key manufacturers operating in the global electric linear cylinders market are BJ-Gear, Kollmorgen, SKF, SEW-EURODRIVE GmbH & Co KG, Parker Hannifin, Linearmech S.R.L., Bosch Rexroth AG, Exlar Europe GmbH, Mul-T-Lock, RACO-Elektro-Maschinen GmbH, and Tsubakimoto Europe B.V. among others.