IMS Research says that the global market for linear motors grew 40 per cent over the three-year period to 2007 thanks largely to new application areas
A new report from IMS Research shows that the global linear motor market was estimated to have reached $660million in 2007, which represented growth of almost 40 per cent over a three-year period. This was relatively high in comparison with many areas of the industrial automation market, and was achieved despite a decline in global investment within the semiconductor and flat-panel machinery markets; these industries have traditionally been two of the largest markets for these products.
In 2007, the portion of the direct-drive linear motor market accounted for by high-end semiconductor, and flat-panel industries had fallen from 54 per cent in 2004 to represent approximately one-third of all market revenues for these products. This was a direct result of the much lower levels of global investment into these sectors during this period. While the recent boom in demand for linear motors from the machine tool sector served to exacerbate this difference, an equally critical contributor was the recent increase in demand for linear motors into other high-end applications.
Report analyst Rob Carter comments: "Demand for direct-drive linear motors in medical, test and measurement, and photovoltaic machinery has increased dramatically over the last couple of years, culminating in these markets accounting for between ten and fifteen per cent of all linear motor systems revenues in 2007.
"Recent investment within these sectors, and a need for high-functionality technology, provided a substantial market base, outside of traditional industrial markets, for many linear motor suppliers in 2007. This undoubtedly helped cushion the blow of investment decline within the semiconductor and flat-panel display machinery sectors, and has provided new opportunities for many suppliers who were previously focussed on traditional sectors. The fact that these markets are not directly linked to consumer markets is undoubtedly beneficial to these suppliers, especially in the current economic climate. This is a major factor to why medical, test and measurement, and photovoltaic applications are collectively expected to account for almost 20 per cent of all linear motor revenues within the next five years."
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