Electric linear cylinders serve as electromechanical actuators that create motion in a straight line using electricity. They are commonly used in multiple industrial applications such as material handling equipment, packaging machines, assembly lines, test benches in manufacturing industries, and lifting systems. Electric linear cylinders offer significant advantages over pneumatic and hydraulic cylinders including higher precision, reduced maintenance requirements, compact size, and ability to integrate with control systems.
The global electric linear cylinders market is estimated to be valued at US$ 799.18 Mn in 2023 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
The global electric linear cylinders market size is expected to flourish owing to the growing automation in the manufacturing industry. With automation gaining prominence, industries are increasingly adopting automated industrial equipment and robots for material handling, assembling, and packaging. Electric linear cylinders play a critical role in various automated equipment and robotic systems as they provide controlled linear motion. Moreover, their long service life, accurate positioning ability, reduced noise, and ease of use make them suitable for automation applications. The integration of Industry 4.0 principles such as IoT, augmented reality, and artificial intelligence is further augmenting the demand for electric linear cylinders in the automated manufacturing process.
Market Dynamics:
The growing automation in the manufacturing industry is one of the key drivers propelling the growth of the electric linear cylinders market. With automated equipment incorporating electric linear cylinders being adopted across industries for various activities such as material handling, packaging, assembly, and testing, the market is witnessing significant demand. Furthermore, electric linear cylinders offer advantages such as precise positioning, longer service life, compact design, low maintenance, controlled motion, and integration capabilities that make them a preferred actuating component in automated systems. Their ability to coordinate precisely with programmable logic controllers and human-machine interfaces within Industry 4.0 environments is further supporting their rising deployment in automated industrial applications.
Segment Analysis
The electric linear cylinders market is dominated by the industrial robots sub-segment, which accounted for over 30% of the overall market share in 2023. Industrial robots require linear motion to perform various automated tasks in industries such as automotive, electronics, food & beverages and others. Hence, the growing demand for industrial robots from these industries is driving the electric linear cylinders sub-segment.
PEST Analysis
Political: Governments across regions are supporting industrial automation to improve productivity and competitiveness of domestic manufacturing industries, which is positively impacting the electric linear cylinders market.
Economic: Growing industrial production and strong economic growth in developing countries is increasing demand for industrial automation equipment including electric linear cylinders.
Social: Rising labor costs and shortage of labor is encouraging industries to adopt more automation solutions using electric linear cylinders.
Technological: Advancements in electric linear cylinder technologies such as IoT integration, energy efficiency and compact designs are supporting their increasing adoption across industries.
Key Takeaways
The global electric linear cylinders market is expected to witness high growth during the forecast period of 2023 to 2030 supported by the increasing industrial automation. The global electric linear cylinders market is estimated to be valued at US$ 799.18 Mn in 2023 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023 to 2030.
Regionally, Asia Pacific dominated the market and is expected to maintain its leading position owing to vigorous industrial activities and manufacturing output in China, India, Japan and other developing Asian countries. Asia Pacific accounted for over 40% share of the global electric linear cylinders market in 2023. China dominated the region led by its position as a global manufacturing hub. India is projected to witness fastest growth in the coming years on back of government initiatives to boost domestic manufacturing sector through initiatives like Make in India.
Key players
Key players operating in the electric linear cylinders market are Bosch Rexroth AG, Tsubakimoto Europe B.V., RACO-Elektro-Maschinen GmbH, Mul-T-Lock, Exlar Europe GmbH, Linearmech S.R.L., Parker Hannifin, SEW-EURODRIVE GmbH & Co KG, SKF, BJ-Gear, Kollmorgen, Tolomatic, RK Rose+Krieger GmbH, Seimens AG, Moog, Inc., SMC Corporation, and Rockwell Automation. Bosch Rexroth AG commands the largest market share attributed to its broad product portfolio and widespread geographical presence across major industrial markets.