Press release
Key Drivers Reshaping the Motorized Decoiler Machine Market: Growing Industrial Automation Propels Market Growth Due To Enhanced Precision Efficiency And Safety In Manufacturing Industry Transformation
Motorized Decoiler Machine Market
Motorized Decoiler Machine Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the market size for the motorized decoiler machine has experienced robust growth. The market, which stands at $1.87 billion in 2024, is set to expand to $2 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.6%. The growth observed during the historical period can be linked to factors such as rising production levels, increasing industrial automation, heightened demand for motorized decoiler machines, reduced human labor, and improved feed rates.
How Will the Motorized Decoiler Machine Market Size Evolve and Grow by 2029?
The market size for motorized decoiler machines is predicted to significantly expand in the upcoming years, forecasted to increase to $2.67 billion by 2029 with a compound annual growth rate (CAGR) of 7.5%. This projected growth can be linked to the growing automation in industries, enhanced efficiency, improved dependability, expansion of the manufacturing sector, and a surge in demand for these machines. Key trends anticipated during this forecast period encompass advancements in manufacturing, infrastructure expansion, technological innovations, sensor integration, and the inclusion of robots.
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What Drivers Are Propelling the Growth of Motorized Decoiler Machine Market Forward?
The continuing expansion of industrial automation is anticipated to stimulate the motorized decoiler machine market's progression. Industrial automation entails the utilization of control systems such as computers and robots for the operation of machinery and processes, thereby significantly reducing human interaction. This expansion of industrial automation is influenced by various aspects, including enhanced precision and quality, increased productivity and speed, and safety enhancement. The increasing reliance on industrial automation necessitates the use of motorized decoiler machines as they augment accuracy, operational efficiency, and safety in material handling, lessen manual interaction, lower downtime, and provide uniform feed rates. This makes them especially suitable for swift and automated manufacturing processes. For example, in April 2024, the International Federation of Robotics (IFR), a non-profit organization based in Germany, reported that industrial robot installations in U.S. manufacturing firms reached 44,303 units in 2023, a rise from 40,000 in 2022, marking a 12% increment. Hence, the ongoing expansion of industrial automation will fuel the motorized decoiler machine market's growth.
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What Are the Key Segments in the Motorized Decoiler Machine Market?
The motorized decoiler machinemarket covered in this report is segmented -
1) By Type: Single Mandrel Decoiler, Double Mandrel Decoiler
2) By Drive: Electric, Hydraulic
3) By Operating Load: Less Than 5 Ton, 5 Ton To 10 Ton, Above 10 Ton
4) By End-Use Industry: Machine And Equipment Manufacture, Automotive, Heating, Ventilation, And Air Conditioning (HVAC) And Duct Manufacturing, Stamping, Sheet Steel Processing Industry, Other End-Use Industries
Subsegments:
1) By Single Mandrel Decoiler: Heavy-Duty Single Mandrel Decoilers, Compact Single Mandrel Decoilers
2) By Double Mandrel Decoiler: Hydraulic Double Mandrel Decoilers, High-Speed Double Mandrel Decoilers
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Who Are the Key Players Shaping the Motorized Decoiler Machine Market's Competitive Landscape?
Major companies operating in the motorized decoiler machine market are Schuler AG, The Bradbury Co. Inc., ASC MACHINE TOOLS INC., Samco Machinery, YLM Group, Topall Impex, SWI Machinery Inc., Metalforming Inc., Coilmate/Dickerman, Samay-Asia Pressfeeds & Coil Automation Company, The Formtek Group, Reef Engineering And Manufacturing Co. (Pty) Limited, Press Room Automation & Feed Fixtures Pvt. Ltd., Henli, AK Engineering Works, Makewell Controls, Sarthak Enterprises, Shah Satnam Ji Engineering Works, Dongguan Yiming Jia Equipment Co. Ltd., Riddhi Automation.
What Geographic Markets Are Powering Growth in the Motorized Decoiler Machine Market?
North America was the largest region in the motorized decoiler machine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the motorized decoiler machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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