Linear Motor Market to Observe Strong Development by 2031, TMR Study

Taiwan Electronics Industry Experiences High Demand Despite COVID-19 Crisis

Even as the COVID-19 outbreak has slowed down the pace of the global economy, Taiwan electronics industry witnessed an overwhelming demand for technology and electronics products. It has been found that technology products account for more than half of Taiwan’s total exports. Such trends are creating business opportunities for companies to keep economies running in the linear motor market.

The semiconductor chip shortage has become crucial in the linear motor market amid the ongoing COVID-19 pandemic. Stakeholders in the automotive industry are anticipating an end to chip backlog by the third quarter of 2021. Meanwhile, companies in China are seen to respond well toward the pandemic, since the semiconductor industry is one of the essential sectors in the region.

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Continued Research in Piezoceramic Materials Creates Patented Portfolio in Linear Motors

Piezoelectric devices are being widely used in sensors and small stroke actuators for use in various applications. As the technology has evolved, these devices are now being supported with a range of linear and rotary motion devices that offer precision motion control down to nanometer precision. However, it has been found that the total cost of these Piezoelectric devices is relatively high, and is primarily used in premium markets such as the semiconductor, optics, and photonics. This issue has led to continued research in new methods for configuring and controlling Piezoceramic materials with novel techniques to establish motion devices.

Companies in the linear motor market should collaborate with researchers, such as at the Kiev Polytechnic Institute, Ukraine, to create a portfolio of patents in linear and rotary motion devices that provide useful technical benefits.

Demand for Speed, Profitability Fuels Innovations in Direct Drive Linear Motors

The linear motor market is projected to surpass the value of US$ 2.5 Bn by the end of 2030. This is evident owing to the popularity of direct drive torque and linear motors that are increasingly replacing conventional motors with a gearbox and ball screws. These motors are gaining prominence in robotics and other semiconductor applications. The growing demand for speed, accuracy, flexibility, and profitability in robotics is translating into incremental opportunities for manufacturers in the linear motor market.

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Companies in the linear motor market are increasing the availability of torque motors with magnetic innovations, characterized by low cogging values, high accuracy, and high torque. These motors facilitate smooth operations with minimum errors. With the help of these motors, semiconductor companies are expanding their business streams in medical technology applications.