Impact of Corona Virus Rampant on Global Linear Slides Market is Going Positive, Claims MRFR
A closer look at the economic turmoil of Linear Slides Market, with a focus on the recent COVID-19 pandemic disruptions.
The linear slides have become an essential part of various industries including food, beverage, automotive, packaging, pharmaceutical, and electrical and electronics, to ensure the smooth motion and operation control. Generally, linear slides are manufactured through a combination of processes including extrusion, shape rolling, shape drawing, and forging. The materials used to fabricate linear slides system include cast iron, aluminum, and stainless steel. Among these, the use of stainless steel for fabrication of linear slide systems is growing as stainless steel provides low friction and smooth movement. Stainless steel linear slides perform effortlessly even in the most hostile conditions.
The growth of the industrial sector in Asia-Pacific and South America is one of the factors driving the growth of the Covid-19 Analysis on Linear Slides market during the forecast period. Additionally, the technological advancements and the low maintenance costs of linear slides are also driving the growth of this market, globally.
The key players operating in the global Covid-19 Analysis on Linear Slides market are Holmarc Opto-Mechatronics (P) Ltd (India), igus (Germany), PIC Design, Inc. (US), IKO International, Inc., Nippon Thompson Co., Ltd (US), Bishop-Wisecarver (US), Intralox (US), SKF (Sweden), Del-Tron Precision, Inc. (US), Parker Hannifin Corporation (US), THK Co., Ltd (Japan), Ball Slides, Inc. (US), PHD Inc. (US), and Thomson Industries (US).
The key players operating in the global Covid-19 Analysis on Linear Slides market are focusing on various strategies such as product development, mergers and acquisitions, collaborations, and partnerships to strengthen their position in the highly competitive market.
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Market Research Analysis
In terms of region, the global market for the linear slides is segmented into North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is expected to hold the largest share in the global market during the forecast period due to the growing disposable income in developing countries, such as China and India, and the increasing investments in food & beverage, chemical, and pharmaceutical industries. However, North America is expected to witness significant growth during the forecast period owing to the presence of high concentration of linear slides manufactures in the US, Canada, and Mexico. In Europe, the presence of key manufacturers, such as IGUS and SKF, is contributing to the growth of this market.
Scope of the Report
This study provides an overview of the global linear slides market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the rest of the world. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Covid-19 Analysis on Linear Slides market by range type, slide types, application, usages, industry verticals, and region.
By Range Type
By Slide Types
By Industry Verticals
Food and Beverage
Electrical and Electronics
Rest of the World