Medical

Massive order backlogs drive growth in the linear motion market

Global revenues for linear motion products reached a record high of $7.9 billion in 2017. Revenue growth of 10.2 percent is expected in 2018, primarily due to substantial order backlogs. Growth will then slow to 4.5 percent in 2019. Due to improved global economic conditions and an increase in manufacturing activity, total revenue from linear motion products is forecast to grow at a compound annual growth rate (CAGR) of 5.6 percent from 2017 to 2022.