Report : South America 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)
Heavy Duty Rotary Indexer Segment to Dominate South America Rotary Indexer Market during 2019–2028
According to a new market research study on “South America 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$ 18.36 million by 2028 from US$ 15.17 million in 2021. The market is estimated to grow at a CAGR of 2.8% from 2021 to 2028. Increasing trend of automated welding is the major factor driving the growth of the South America rotary indexer market. However, need for designing of hole patterns using absolute positioning system hampers demand may hinder the growth of South America rotary indexer market. The report provides trends prevailing in the South America rotary indexer market along with the drivers and restraints pertaining to the market growth.
The South America 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 South America rotary indexer market is segmented into Brazil, Argentina, and the Rest of South America. Further, Brazil contributed a substantial share in 2020.
Festo; Goizper Group; Haas Automation, Inc; HepcoMotion; Sankyo Automation; TUNKERS Maschinenbau GmbH; and WEISS GmbH are among the leading companies in the South America 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, The servo controller, well suited for WEISS rotary indexing tables, saves time and effort during project design and decreases the labour required for machine controller programming.
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