Linear motors increase
Many companies are seeking to purchase complete industrial automation systems rather than components assembled in-house. Engineering staffing reductions in recent years has accelerated this trend and influenced the direct drives market, says IMS Research. A recent IMS Research study on direct drives says the global market for linear motor (LM) systems, forecast to be $354.
Many companies are seeking to purchase complete industrial automation systems rather than components assembled in-house. Engineering staffing reductions in recent years has accelerated this trend and influenced the direct drives market, says IMS Research. A recent IMS Research study on direct drives says the global market for linear motor (LM) systems, forecast to be $354.1 million in 2005, was almost double that of the LM components market. Growth rates also indicated that there will be a continued shift to pre-assembled systems with linear motor systems growing at a compound annual growth rate (CAGR) of 11% compared with 8.5% for linear motor components, IMS Research says. Largest region by far for this market was Asia Pacific, with sales of $192.8 million in 2005.
www.imsresearch.com
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