-- With the rise of the IoT, AI, and machine learning technologies, companies are replacing legacy methods, providing an impetus to the assembly machine market growth. They are replacing manual processes with automated solutions, increasing the safety of workers in handling and performing activities. Moreover, the incorporation of robotics technology with these machines is enhancing the overall productivity. Players are increasingly investing in R&D activities to provide advanced machinery with greater reliability and efficiency. The development of the manufacturing sector and the rise in the production of a large quantity of materials in developed markets will support industry growth.
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Assembly Machine Market is expected to exceed USD 9 billion by 2025. Ongoing technological advancements in the manufacturing sector coupled with a rise in the adoption of automated solutions will drive the industry growth over the coming years. These solutions offer features such as high-speed movement, smooth processing, and long lifecycles with low energy consumption, resulting in high adoption. This has led players to integrate their products with advanced technology to enhance productivity and reliability in assembly processes. For instance, assembly machinery offered by Harro H?fliger Packaging Machines GmbH can manufacture product variations using intelligent linear motors with workpiece carriers.
In the assembly machine market, the cosmetics sector witnessed high demand for automated equipment. The rise in disposable income, the adoption of western culture in several countries, and the development of e-commerce are resulting in the high adoption of cosmetics products. Manufacturers are developing specific machinery for assembly and feeding of closures, plugs, mascara brushes, spray heads, lipstick mechanisms, pumps, and aerosol valves with an output of 1-10 parts per second. These machines are helping major companies in the cosmetics & perfumery industry to speed up the production process.
The Asia Pacific assembly machine market is anticipated to grow over the forecast timeline owing to the growth in the manufacturing sector and rising industrialization in the region. Government initiatives such as Make in India and Made in China are supporting small-scale manufacturers to grow and expand their presence in the market. The high availability of raw materials and lower labor costs will further attract companies to invest in the region. Moreover, ongoing technological advancements in developed countries will encourage industries to implement advanced machinery in production lines.
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The key players operating in the assembly machine market are Bystronic Maschinen AG, EMAG GmbH & Co. KG, Extol, Inc., FANUC Corporation, Gefit Group, Haumiller, Hindustan Automation, Intec Automation, Inc., Isthmus Engineering, Kawasaki Heavy Industries, Ltd., Mondragon Assembly, Norwalt Design Inc., and RNA Automation Limited. These players are offering differentiated and innovative products to sustain in the highly competitive market. The growing demand for industry-specific solutions is encouraging manufacturers to offer customized solutions.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Assembly Machine Industry Insights
Chapter 4. Assembly Machine Market, By Type
Chapter 5. Assembly Machine Market, By Application
Chapter 6. Assembly Machine Market, By Region
Chapter 7. Company Profiles
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Related Report:
Global Assembly Machine Market Insights, Forecast to 2025
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The following manufacturers are covered in this report:
• EMAG GmbH
• Bystronic Glass
• STAUFF
• AGME Automated Assembly Solutions
• FIAM Utensili Pneumatici Spa
• Baruffaldi Plastic Technology
• Shanghai Zhongji Machinery
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