The demand for electric linear actuators continues to grow. In 2022, the worldwide electric linear actuator market was valued at $20.5 billion and is expected to grow at a cumulative annual rate of 5.3 percent over the next decade to reach $34.3 billion. Corporate focus on sustainability, aggressive market competition, as well as the acceleration of digital transformation, automation and electrification in manufacturing are primary factors driving this growth.
According to an Emerson customer survey, 78 percent of all the future projects will be based on automation, with automation investments predicted to more than triple previous investment amounts over the next five years. It’s easy to see why more manufacturers are incorporating belt axes, spindle axes, linear motor axes and multiaxis systems in equipment designs to move parts in a machine or apply forces in a process. From electronics and semiconductors to automotive assembly, automation systems that use electric linear motion are considered energy-efficient, with excellent accuracy, precision and flexibility. All of these attributes can help manufacturers overcome the challenges and achieve ambitious goals today’s evolving trends present.