Linear Motor Market: Global Industry Analysis and Forecast (2023-2029)

Linear Motor Market size is expected to reach US$ 2.35 Bn. by 2029, growing at a CAGR of 6% during the forecast period. The Asia Pacific region held the largest market share accounting for 36% in 2022. The region’s growth is attributed to the growing use of Linear motors in a variety of applications such as control and test equipment, process control, lithography, wafer, and die-level packaging in the region.