Press Release

Global Linear Guide Rail Market is Expected to Reach US$ 2,288 Mn by 2023

Date : Dec 17, 2018

New report published by Global QYResearch which offers insights on the global Linear Guide Rail market. The Linear Guide Rail market has been experiencing steady growth graph since past years. In 2017 the global Linear Guide Rail market was valued at US$ 2,288 Mn and by the end of the assessment year (2023), it is estimated to touch a value more than US$ 3,667 Mn growing at a value CAGR of 8.17% throughout the period of forecast.

Global Linear Guide Rail Market: Market Driver and Restraint

Threat of substitution is one factor of the porter’s five forces. As the development of Linear Guide Rail made by new techniques, the function of there are specific, safe and also all-round. The traditional single functioned products are slowly losing their market. High precision, multifunction will be Linear Guide Rail industry development direction. If manufacturers can truly consider the diversity and design of new technology, we believe that the Linear Guide Rail manufacturers will get a big market share in the device.

Global Linear Guide Rail Market: Forecast by Nature

This segment includes Ball Guide Rail, Roller Guide Rail, Needle Guide Tail and Others. Ball Guide Rail segment is expected to remain dominant in the global Linear Guide Rail market throughout the forecast period with a revenue share of 62.46% in 2018. Ball Guide Rail segment is expected to rank relatively high on the attractiveness index in the global Linear Guide Rail market by 2023 end, however, Needle Guide Tai segment is expected to account for a relatively higher growth rate in the Linear Guide Rail market over the forecast period.

Global Linear Guide Rail Market: Forecast by Application

Application segment consists of Precision Electronic Machinery, Automation Equipment, CNC Machine and Others. Precision Electronic Machinery was estimated to account for a volume share of over 43.54% in 2017 and to increase at a CAGR of 10.11% over the forecast period.

Global Linear Guide Rail Market: Key Players

THK, HIWIN, NSK, Bosch Rexroth, IKO, Schaeffler, PMI, PBC Linear, Schneeberger, SBC, TBI MOTION, Rollon, CPC, Danaher, HTPM, Best Precision, Yigong China, HJMT, DMTG, Shandong Sair, SKT and ZNT, are the key vendors included in this report.

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