Europe Linear Motion Bearing Market Size & Outlook
The linear motion bearing market in Europe is expected to reach a projected revenue of US$ 2,859.5 million by 2030. A compound annual growth rate of 5.7% is expected of Europe linear motion bearing market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,942.8
Forecast, 2030 (US$M)
$2,859.5
CAGR, 2024 - 2030
5.7%
Report Coverage
Europe
Europe linear motion bearing market highlights
- The Europe linear motion bearing market generated a revenue of USD 1,942.8 million in 2023.
- The market is expected to grow at a CAGR of 5.7% 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.
Europe data book summary
| Market revenue in 2023 | USD 1,942.8 million |
| Market revenue in 2030 | USD 2,859.5 million |
| Growth rate | 5.7% (CAGR from 2024 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, Europe region accounted for 21.3% 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| PBC Linear, A Pacific Bearing Company | View profile | 101-250 | Roscoe, Illinois, United States, North America | http://pbclinear.com |
| Nippon Thompson | View profile | 1001-5000 | Tokyo, Tokyo, Japan, Asia | https://www.ikont.co.jp/ |
| THK | View profile | 5001-10000 | Tokyo, Tokyo, Japan, Asia | http://www.thk.com/ |
| HIWIN | View profile | 101-250 | Taichung, T'ai-wan, Taiwan, Asia | http://www.hiwin.com/ |
| SCHNEEBERGER Group | View profile | 11-50 | Baden-baden, Baden-Wurttemberg, Germany, Europe | https://www.schneeberger.com/en/ |
| NSK Ltd | View profile | 32668 | Nissei Building, 1-6-3 Ohsaki, Shinagawa-ku, Tokyo, Japan, 141-8560 | http://www.jp.nsk.com |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.bosch-india-software.com |
| Schaeffler AG ADR | View profile | 83362 | Industriestrasse 1-3, Herzogenaurach, BY, Germany, 91074 | https://www.schaeffler.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
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