Electric Linear Cylinders Market, By Linear Speed (< 0.1 m/s, 0.1 m/s – 0.5 m/s, Above 0.5 m/s), By Vertical (Food & Beverages, Automotive, Healthcare & Pharmaceuticals, and Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jun 2023

Code : CMI3031

Pages :421

Formats :

Excel and PDF

Industry : Construction Engineering

Electric Linear Cylinders MarketSize and Trends

Global electric linear cylinders market was valued at US$ 760.4 Mn in 2022 and is expected to reach US$ 1,135.8 Mn in 2030, exhibiting a CAGR of 5.1% over the forecast period (2023 - 2030). Among verticals, the food and beverages segment is expected to register the highest CAGR of 5.8% over the forecast period.

Global Electric Linear Cylinders Market - Trends

Integration of IoT and Connectivity

Electric linear cylinders are increasingly using Internet of Things (IoT) technology and communication capabilities. IoT-enabled linear cylinders offer greater flexibility, efficiency, and predictive maintenance capabilities by enabling remote monitoring, diagnostics, and control. This development makes it possible to gather data in real-time, analyze it, and optimize linear motion systems for better operational performance. Major potential opportunities are presented by automated vehicles and sophisticated driver support technologies.

Demand for Compact and Lightweight Solutions

Particularly in sectors with space or weight limits, there is an increasing need for small and light electric linear cylinders. Miniaturized linear cylinders provide benefits such as mobility, adaptability, and space-saving design. They are used in industries including consumer electronics, robotics, medical equipment, and lab equipment.