North America Linear Motion Bearing Market Size & Outlook
The linear motion bearing market in North America is expected to reach a projected revenue of US$ 3,611.3 million by 2030. A compound annual growth rate of 5% is expected of North America linear motion bearing market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,571.5
Forecast, 2030 (US$M)
$3,611.3
CAGR, 2024 - 2030
5%
Report Coverage
North America
North America linear motion bearing market, 2018-2030 (US$M)
North America linear motion bearing market highlights
- The North America linear motion bearing market generated a revenue of USD 2,571.5 million in 2023.
- The market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, single-axis linear motion system was the largest revenue generating type in 2023.
- Single-axis Linear Motion System is the most lucrative type segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 2,571.5 million |
| Market revenue in 2030 | USD 3,611.3 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Single-axis linear motion system |
| Fastest growing segment | Single-axis Linear Motion System |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single-axis Linear Motion System |
| Key market players worldwide | Robert Bosch Engineering & Business Solutions, SCHNEEBERGER Group, Schaeffler AG ADR, HIWIN, Danaher Corp, Rockwell Automation Inc, THK, Nippon Thompson, NSK Ltd, PBC Linear, A Pacific Bearing Company |
Other key industry trends
- In terms of revenue, North America region accounted for 28.2% of the global linear motion bearing market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,207.9 million by 2030.
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Linear Motion Bearing Market Scope
Linear motion bearing market segmentation & scope
End Use
Automotive
Electronics and Semiconductor
Manufacturing
Aerospace
Healthcare
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
China
Japan
India
South Korea
Australia
Brazil
Saudi Arabia
South Africa
UAE
Linear Motion Bearing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America linear motion bearing market
Related regional statistics
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