Linear motors grow despite downturn
Global sales of linear motors reached $660m (£440m) in 2007, a growth of nearly 40% over a three-year period.
IMS Research says this was quite high compared to many areas of industrial automation. It also came despite reduced investment in two strong sectors for linear motors – the semiconductor and flat panel machinery markets.
These sectors now account for around one-third of all sales; in 2004 their share was more than half of the market.
A boom in demand for linear motors from the machine tool sector and in high-end applications has helped to offset this fall.
Report analyst Rob Carter said: “Demand in medical, test and measurement, and photovoltaic machinery has increased dramatically over the last couple of years, with these markets accounting for 10-15% of all linear motor systems revenues in 2007.
He added that these areas were likely to account for almost 20% of all linear motor revenues within the next five years.