Press release
Global Automatic Assembly Machines Market Led by Asia Pacific with 35% Market Share, Expected Reach USD 37.87 Billion by 2032
Automatic Assembly Machines Market
The Automatic Assembly Machines Market size is expected to reach 37.87 Bn by 2033, up from its current value of 19.8 Bn in 2023, growing at an annual compound growth rate (CAGR) of 6.7% from 2023-2033. Its rapid expansion can be attributed to factors like increasing adoption of Industry 4.0 technologies, emphasis on optimized production strategies, and rising need for mass customization.
Automatic assembly refers to the mechanical assembly of components and parts using machinery and automation equipment such as feeders, robots, controllers, sensors, software, and software applications such as sensors. Such machines enable high-volume production while minimizing operating costs - these solutions are used by industries including automotive, healthcare, electronics consumer goods manufacturers, and others.
Click Here To Access Sample Pages Of This Report: https://theresearchdeck.com/report/automatic-assembly-machines-market/#requestForSample
Key Takeaways
Market size - USD 19.8 Bn (2023)
CAGR - 6.7% (2023-2032)
Key factor - Adoption of Industry 4.0
Top end-use - Automotive industry
Leading region - Asia Pacific
Key players - ABB Ltd., Kuka AG, FANUC Corporation
Emerging trend - Collaborative robots
Growth driver - Need for optimized production
Regional Snapshot
Asia Pacific held over 35% of revenue share in 2021 due to rapid industrialization and automation across emerging economies such as China, Japan, and India. North America is projected to expand steadily throughout this forecast period thanks to developments across end-use sectors like electronics, aerospace, food & beverages, etc. While Europe will experience steady growth driven by the early adoption of advanced automation equipment within the automobile and healthcare industries.
Enquire Here and query for the report: https://theresearchdeck.com/report/automatic-assembly-machines-market/#inquiry
Market Segmentation
By Type
• Fully AutomaticAssembly Machines
• Semi-automatic Assembly Machines
By Application
• Semi-conductor Industry
• Electronic
• Automotive
• Pharmaceutical
• Machinery Manufacturing
• Chemical Industrial
• Others
Key Players
• Grob
• HIRATA
• ATS Automation Tooling Systems
• NITTO SEIKO
• Tach Precision Engineering
• Teamtechnik (Dürr)
• Juki
• Tateyama Auto Machine
• Autec Mechanical
• Sky-Tag Robotics
• Shinko Engineering
• BBS Automation
• Pentamaster
• ThyssenKrupp
• Kinergy Corporation
Recent Developments
In March 2022, ABB acquired majority control of IMS Solutions - a Chinese robotic and automation manufacturer - to increase its presence across Asia.
Kuka announced its KMR iiwa mobile robot for material handling and machine tending applications in factories in November 2022.
Epson unveiled its newly developed SCARA TS3X and TS5X robots - boasting up to 1,100 cycles per minute for maximum productivity - in April 2023.
Key Questions
1. What factors are driving the automatic assembly machine market?
A. Automation and mass customization in manufacturing sectors are fueling global demand for automatic assembly machines.
2. Which region holds the largest market share?
A. Asia Pacific represented 35% of revenue share in 2021 and is projected to maintain this status through 2025.
3. Who are the leading players in the automatic assembly machines market?
A. ABB Ltd, Kuka AG, FANUC Corporation, Yaskawa, and Epson are some of the major players operating in this market.
4. Which end-use segment utilizes automated assembly machines extensively?
A. Automotive manufacturing is the primary end-use market for automated assembly machines. Healthcare, electronics, aerospace, and consumer goods also represent key end-use segments for these devices.
5. What are the latest trends in this market?
A. Adopting collaborative robots, integrating vision systems, using AI and IoT as well as taking advantage of automation are major trends in the automatic assembly machines market.
6. What is the average growth rate of this market?
A. The market is projected to experience compound annual compound annual compound growth of 5.6% between 2023-2032.
7. What factors impede the expansion of this market?
A. Initial costs associated with automatic assembly machines pose a formidable barrier to adoption among small and midsized enterprises, particularly when considering potential acquisition costs.
Related Report:
Fully Automatic Plastic Molding Machine Market: https://theresearchdeck.com/report/fully-automatic-plastic-molding-machine-market/
Automatic Parcel Separator Market: https://theresearchdeck.com/report/automatic-parcel-separator-market/
Fully Automatic Clothing Dryer Market: https://theresearchdeck.com/report/fully-automatic-clothing-dryer-market/
Fully Automatic Glass Cutting Machine Market: https://theresearchdeck.com/report/fully-automatic-glass-cutting-machine-market/
Automatic Dry Ice Machine Market: https://theresearchdeck.com/report/automatic-dry-ice-machine-market/
Contact-us
Website: https://theresearchdeck.com/
Phone: +1 (415) 315-9432
Phone: +91 86698 89536
Email: inquiry@wiredrelease.com
About US
The Research Deck is your gateway to comprehensive market analysis reports. We pride ourselves on delivering maximum research coverage tailored to your specific needs, ensuring customized reports at consistently competitive prices. With a commitment to excellence, we offer time-saving solutions for informed and strategic business decisions. Our dedicated support operates 24/7, providing you with a reliable partner in your quest for market insights. Choose The Research Deck for unparalleled expertise, commitment, and the efficiency you need in navigating the complexities of market dynamics. Stay informed, stay ahead with us!
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Automatic Assembly Machines Market Led by Asia Pacific with 35% Market Share, Expected Reach USD 37.87 Billion by 2032 here
News-ID: 3346308 • Views: …
More Releases from The Research deck
Tourniquet Systems market valued at US$ 883.4 million in 2023, expected to reach …
The Tourniquet Systems market has emerged as a significant player in the global healthcare industry, showcasing promising growth prospects and garnering attention from various stakeholders. Valued at US$ 883.4 million in 2023, it is projected to soar to US$ 1101 million by 2030, registering a steady CAGR of 3.3% over the forecast period.
Market Growth and Factors Affecting Growth
The global medical devices market, standing at US$ 603 billion in 2023, is…
Cloud Based Computer-aided Facility Management (CAFM) market, valued at US$ 776. …
The Cloud Based Computer-aided Facility Management (CAFM) market is witnessing significant growth propelled by environmental concerns, technological advancements, and governmental incentives. This article delves into the latest trends, market dynamics, and future opportunities within this burgeoning industry.
Market Growth and Factors Affecting Growth
The global Cloud Based CAFM market was valued at US$ 776.4 million in 2023 and is projected to reach US$ 1073.9 million by 2030, exhibiting a steady CAGR of…
Event Management Services market, projected to reach US$ 10400 million by 2030, …
Event Management Services Market: Navigating Trends, Dynamics, and Future Prospects
The global event management services market is evolving rapidly, driven by an amalgamation of factors ranging from environmental concerns to technological advancements. In this comprehensive report, delve into the current trends, market dynamics, and future prospects of the industry, spanning major regions like North America, Europe, Asia-Pacific, and emerging markets. Let's embark on a journey to understand the key drivers…
Mobile Energy Storage System Market, With A Projected Value Of Us$ 21830 Million …
Global Mobile Energy Storage System market has experienced exponential growth, driven by increasing environmental concerns, technological advancements, and supportive government policies. This article delves into the current trends, market dynamics, and future prospects of the Mobile Energy Storage System market, shedding light on key regions, growth factors, and challenges faced by the industry.
Market Growth and Segmentation Analysis
The Mobile Energy Storage System market has exhibited remarkable growth, with a projected value…
More Releases for Auto
Auto Leads: Revolutionizing Lead Generation for Auto Detailers
Auto Leads, a digital marketing company specializing in helping auto detailers grow their businesses, has quickly become a leader in lead generation for the industry. Founded by Austin Kennedy, a former auto detailer with three years of hands-on experience, Auto Leads offers a solution to help detailers attract high-quality customers, particularly for premium services like Ceramic Coating.
What Auto Leads Is
Auto Leads focuses on digital marketing solutions for auto detailing businesses,…
Winter Park Auto Repair: Cech Auto Unveils Auto Repair Financing, Expert Service …
Image: https://www.getnews.info/wp-content/uploads/2024/10/1730165920.png
Cech Auto announces the launch of flexible auto repair financing, offering Winter Park customers accessible payment solutions for essential vehicle maintenance and repairs.
A leading Winter Park auto repair [https://www.cechauto.com/] shop, Cech Auto unveils its new auto repair financing option, providing customers with flexible payment solutions for all repair services. With competitive financing plans available, Cech Auto makes essential vehicle maintenance and repairs more accessible, ensuring that customers can address…
Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide
Newsdesk, March 22, 2024 - Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide Employing state-of-the-art tools and technology, the company ensures a seamless, hassle-free experience for clients.
Auto Locksmith America, a prominent auto locksmith company headquartered in Mississippi, unveils its latest suite of services and enticing offers tailored to cater to a spectrum of auto locksmith needs. With nearly 14 years of steadfast service, the company stands as a beacon of…
Auto Chess Game Market | Auto Chess, Dota Auto Chess, Hearthstone, Honor Of King …
The global auto chess game market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the auto chess game market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
E-Commerce Automotive Aftermarket | (Flipkart, eBay, Auto Zone, Advance Auto Par …
The growing emergence of creative business models is one of the pivotal factors propelling e-commerce automotive aftermarket industry share. At present, the store, brokerage, and social commerce models have been intensely contributing toward the growth of online commerce. Taking into account the growing popularity of electronic commerce across the automotive sector, many giants in e-commerce automotive aftermarket have been making heavy investments to enhance their storage capacity by developing new…
Auto Driveaway Provides Reliable and Safe Auto Shipping Services
FOR IMMEDIATE RELEASE
Philadelphia, PA: Recently, Auto Driveaway has been awarded for being one of the most reliable and secure auto shipping companies in the country by renowned entities. The company has more than 40 offices across the country that helps to track and update every detail about the consignment. Every delivery is managed professionally resulting in scheduled delivery without providing any damage, dent or issues to the vehicle.
The company provides…
