A linear actuator is a device that develops a force and a motion through a straight line. A stepper motor-based linear actuator uses a stepping motor as the source of rotary power. Inside the rotor, there’s a threaded precision nut instead of a shaft. The shaft is replaced by a lead-screw. As the rotor turns (as in a conventional stepper motor), linear motion is achieved directly through the nut and threaded screw. It makes sense to accomplish the rotary to linear conversion directly inside the motor, as this approach greatly simplifies the design of rotary to linear applications. This allows high resolution and accuracy ideal for use in applications where precision motion is required.
According to the new market research report “Global Stepper Motor Linear Actuators Market Report 2023-2029”, published by QYResearch, the global Stepper Motor Linear Actuators market size is projected to reach USD 0.25 billion by 2029, at a CAGR of 5.4% during the forecast period.
Figure. Global Stepper Motor Linear Actuators Market Size (US$ Million), 2018-2029
Figure. Global Stepper Motor Linear Actuators Top 14 Players Ranking and Market Share（Based on data of 2021, Continually updated）
The global key manufacturers of Stepper Motor Linear Actuators include Parker Hannifin, Thomson Industries, Haydon Kerk, Physik Instrumente (PI), IAI Corporation, THK, Lin Engineering, JVL Company, Curtiss Wright, Changzhou DINGS' E&M, etc. In 2021, the global top five players had a share approximately 54.0% in terms of revenue.
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