The electric linear cylinders market consists of hydraulic linear cylinders used to produce linear translational motion by a compact, electrically-powered actuator. Electric linear cylinders provide precise positioning and have the ability to hold loads in place without the need for constant power. They are often used as actuators in industrial robotics and automation due to their low maintenance needs and ability to operate reliably for long periods.
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.
Market key trends:
The use of electric linear cylinders in industrial robotics and automation is a key trend propelling the electric linear cylinders market growth. Industrial robots deployed for assembly, material handling, and packaging applications require reliable actuation to perform repetitive, precise movements over extended operating cycles. Electric linear cylinders provide this functionality with energy efficient operation and minimal downtime for maintenance. Their compatibility with programmable logic controllers also allows easy integration into complex automated manufacturing systems. Growing automation demand from industries such as automotive, electronics, food and beverage is driving increased adoption of electric linear cylinders for robotic actuation solutions.
SWOT Analysis
Strength: Electric linear cylinders have high force density and provide precise linear motion. They are more efficient, compact, and cost effective compared to pneumatic linear cylinders.
Weakness: Initial investment cost for electric linear cylinders is higher compared to pneumatic cylinders. Troubleshooting and repairs of electric cylinders require technical expertise.
Opportunity: Increasing adoption of industrial automation and robotics is driving demand for electric linear cylinders. Growing need for high speed, accurate and quiet positioning capabilities favors electric cylinders over pneumatic cylinders.
Threats: Availability of cheaper pneumatic cylinder alternatives can hamper the electric linear cylinder market growth. Stringent quality and safety regulations increase the compliance cost for manufacturers.
Key Takeaways
The global electric linear cylinders market is expected to witness high growth. 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.
The Asia Pacific region dominates the electric linear cylinders market currently. The presence of large manufacturing bases especially in China, Japan and India is driving demand. Rapid industrialization and growing adoption of automation in various industries favors market growth.
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. Major players focus on developing customized electric cylinders as per industry and application requirements. Strategic collaborations and partnerships are common in this competitive landscape to strengthen product portfolio and geographical footprint.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
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