Global Electromechanical Cylinders Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Electromechanical Cylinders Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global electromechanical cylinders market report has been segmented on the basis of linear speed, end-use industry, application, and region.
Global Electromechanical Cylinders Market: Overview
Electromechanical Cylinders (EMC) is consist of precision rolled ball screw actuator, which is designed so as to provide high thrust and speed capability with great accuracy and flexibility. This device is used to control such applications where high speed and precision is required. EMC is similar to other actuators, where control handle and knob is got replaced with the electric motor, in order to provide precision and speed. EMC provide significant energy savings in various applications, as it uses power only when it is working.
Electromechanical cylinders offers significant advantages in some complex applications also, as they provide full control over the device to the operator. The product also offers various benefits as compared to other actuators such as simple design, measure accurate load, cheaper, automated operation, and better duty cycle. Additionally, it can improve efficiency by decreasing energy consumption, safety and reliability, better control on position, force and speed, better control on position, force and speed, and less maintenance. The only maintenance which is required in EMC is timely lubrication of the screw, assembly and other parts of the device.
Global Electromechanical Cylinders Market: Dynamics
The global market is projected to grow at the significant rate of growth, attributable to the increasing automation across all over the industries such as automotive, medical/healthcare, chemical/pharmaceutical, food & beverage, etc. Major players of the above-mentioned industries are moving towards the industrial automation, in order to increase efficiency and accuracy, reduce manpower and company cost, which can eventually increase the revenue.
Some factors such as rising growth of food and beverage industry, increasing demand for automation, and rise in investment in the pharmaceutical industry are driving the demand for electromechanical cylinders. As these industries require automation devices for maximum accuracy and efficiency in very less time for application such as packaging, labeling, etc.
Global Electromechanical Cylinders Market: Segment Analysis
Among end-use industry segments, the automotive segment is projected to witness a significant rate of growth with the largest revenue share over the forecast period.
The industrial automation segment, among applications segments, is expected to grow at a substantial growth rate during the forecast period. This is owing to the ideal solutions that the target product provides for high-performance applications of industries that require maximum speed and force.
Global Electromechanical Cylinders Market: Regional Analysis
Asia Pacific market is estimated to hold a major revenue share of the global electromechanical cylinders market, followed by Europe market. The demand for automotive will rapidly increase in the Asia Pacific region over the forecast period, which will feed the demand for electromechanical cylinders market. Additionally, food and beverage industry is also a growing industry of the region, attributable to the rising demand for ready to eat, ready to cook, packaged food, etc. Furthermore, packaging and labeling are the major applications of electromechanical cylinders and are some of the important processes in aforesaid industries.
Global Electromechanical Cylinders Market Segmentation:
Segmentation by Linear Speed:
- Above 500mm/s
Segmentation by End-use Industry:
- Food & Beverage
Segmentation by Application:
- Industrial automation
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- ABB Ltd.
- Servomech S.p.A.
- BJ-Gear A/S
- Bosch Rexroth AG
- Phoenix Mecano Inc.
- Parker Hannifin Corp
- Elero GmbH
- IBD Wickeltechnik
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