Press Release

Global Linear Transfer Automation Market is expected to Reach US$ 635 Mn by 2023

Date : Aug 20, 2018

New report published by Global QYResearch which offers insights on the global Linear Transfer Automation market. The Linear Transfer Automation market has been experiencing steady growth graph since past years. During the 2018-2023 timeline, the global market for Linear Transfer Automation is expected to reflect an obviouse increase in the revenue growth. In 2017 the global Linear Transfer Automation market was valued at US$ 415 Mn and by the end of the assessment year (2023), it is estimated to touch a value more than US$ 635 Mn growing at a value CAGR of 7.42% throughout the period of forecast.

Global Linear Transfer Automation Market: Market Dynamics

Linear motor pallet-transfer systems have been around for more than a decade. What was once a cutting-edge technology is now available in a variety of different models and configurations. New developments in mechatronics, networking and software are amplifying the unique benefits of these systems.

As the automation landscape changes, linear transfer systems will remain an integral piece of the production puzzle. Progress will come in the form of flexibility to processing multiple products on a single platform and adapt to process change. Layout confinement will be combated with smart conveying vehicles such as AGV’s no longer confine to the track or rail system of conventional linear transfer systems. Robots will become less reliant on part location and more adaptive open tolerance part presentation. But there will always remain a need to move product through linear transfer assembly.

Global Linear Transfer Automation Market: Forecast by Type

This segment includes Hydraulic Linear Transfer Systems and Electric Linear Transfer Systems. Electric Linear Transfer Systems segment is expected to remain dominant in the global Linear Transfer Automation market throughout the forecast period.

Global Linear Transfer Automation Market: Forecast by Application

Application segment consists of Automotive, Electronics, Medicine Pharma, Food & beverage and others. Automotive segment is estimated to account for a more insignificant revenue/volume share in 2023.

Global Linear Transfer Automation Market: Forecast by Region

North America, Europe, China, Japan, Southeast Asia, India and ROW are the seven regions that are included in this report. Europe is the dominant market in the global Linear Transfer Automation market in terms of value/volume.

Global Linear Transfer Automation Market: Key Players

ATS Automation, Rockwell Automation and Beckhoff Automation LLC, Preh IMA Automation, Ruhlamat GmbH, Afag, Motion Index Drives, Pematech, TAKTOMAT, Haberkorn, Innovative Automation, Mecsmart Systems Inc and Meto-Fer are the key vendors included in this report.

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