Report : Asia Pacific Rotary Indexer Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Heavy Duty Rotary Indexer and Light Duty Rotary Indexer), Application (Machine Tools, Semiconductors, Medical Packaging, Automated Welding, Robotics, and Assembly Cutting System), and End-Use Industry (Automotive, Medical & Healthcare, Electronics, Transportation, and Aerospace)
Automotive Segment to Dominate Asia-Pacific Rotary Indexer Market during 2019–2028
According to a new market research study on “Asia-Pacific Rotary Indexer Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Application, and End-Use Industry,” is expected to reach US$ 350.69 million by 2028 from US$ 249.91 million in 2021. The market is estimated to grow at a CAGR of 5.0% from 2021 to 2028. Surge in prospects in manufacturing industries is the major factor driving the growth of the Asia-Pacific rotary indexer market. However, need for designing of hole patterns using absolute positioning system hampers demand may hinder the growth of Asia-Pacific rotary indexer market. The report provides trends prevailing in the Asia-Pacific rotary indexer market along with the drivers and restraints pertaining to the market growth.
The Asia-Pacific rotary indexer market is segmented into type, application, end-use industry, and country. Based on type, the market is bifurcated into heavy duty rotary indexer and light duty rotary indexer. Further, the heavy duty rotary indexer segment accounted for a larger market share in 2020. Based on application, the market is categorized into machine tools, semiconductors, medical packaging, automated welding, robotics, and assembly cutting system. Further, the machine tools segment accounted for the largest market share in 2020. Based on end-use industry, the market is segmented into automotive, electronics, medical & healthcare, transportation, and aerospace. Further, the automotive segment accounted for the largest market share in 2020. Based on country, the Asia-Pacific rotary indexer market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia-Pacific. Further, China contributed a substantial share in 2020.
Bettinelli F.lli S.p.A; Camfield Engineers; CKD Corporation; Colombo Filippetti S.p.A; DESTACO; Festo; FIBRO India; Goizper Group; Guangdong Saini Intelligent Equipment Technology Co., Ltd.; Haas Automation, Inc; HepcoMotion; Nabtesco Corporation; Nexen Group, Inc.; Packam Controls; Sankyo Automation; Square Automation; TAKTOMAT; TUNKERS Maschinenbau GmbH; and WEISS GmbH are among the leading companies in the Asia-Pacific rotary indexer market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Bettinelli F.lli S.p.A. have developed a new on-line system of the rotary indexers – Package Serie ITP and TRP. The rotary indexers of the Package Serie equipped with a gearbox and an asynchronous three-phases induction motor to achieve a cost and delivery time reduction. This advanced featured is enabling more customer base.
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