Industrial Assembly Equipment Market 2020-2027 Growth Trends, Covid-19 Impact Analysis, Leading Players, Competitive Strategies And 2027 Future Prospect- TMR

Global Industrial Assembly Equipment Market – Introduction

Industrial assembly equipment are used in the production process of manufacturing goods across a wide range of industries. The various types or systems of industrial assembly equipment includes rotary indexing tables, vision inspection systems, robotic systems, walking beams, special – purpose machines, and feeding & handling systems. These are automated test solutions that are used across different industry sectors.
Industrial assembly equipment consists of machines, components, robots, and conveyors (computer – controlled), in the course of producing complex products that can be further used in automotive, food & beverages, and electronics industries, among others.
Assembly equipment or machinery are also known as automation equipment that assists and partially or fully automates the manufacturing process in manufacturing industries. This is expected to enhance the growth of the industrial assembly equipment market over the forecast period across the globe.
Besides, assembly equipment is essential to the functioning of a wide range of industrial applications such as finishing and assembling of products. Additionally, it is used in numerous specific manufacturing and assembly processes i.e. coating, grinding, cutting, marking, forming, packing, molding, smoothing, riveting, turning, and welding.

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Global Industrial Assembly Equipment Market – Dynamics

Key Drivers of the Industrial Assembly Equipment Market

Rising adoption of industrial assembly equipment in construction projects are expected to augment the demand for industrial assembly equipment due to reliability of the tightening system. This, in turn, is expected to drive the industrial assembly equipment market.
Rise in demand for industrial assembly equipment in the automotive sector so as to ensure reliability and quality in manufacturing of automobiles is likely to propel the industrial assembly equipment market.

Enduring technological advancements in healthcare and electronics industries are compelling manufacturers to automate assembly solutions, so as to increase productivity. This in turn is expected to drive the industrial assembly machine market.
Growing demand to improve product quality by reducing errors and variability in different industrial applications is expected to propel the industry assembly machine market over the coming years.

Asia Pacific to Hold Major Share of the Global Industrial Assembly Equipment Market

The industrial assembly equipment market in Asia Pacific is estimated to expand at a significant rate during the forecast period owing to a rise in production of consumer goods, electronics, and growth in the manufacturing sector. This is likely to fuel the industrial assembly equipment market.
Europe is projected to be a prominent market for industrial assembly equipment during the forecast period owing to increased investment in construction and automotive industry in the region.
North America is also expected to hold a significant share of the global industrial assembly equipment market during the forecast period, due to expansion of construction and manufacturing industry in the region.

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Global Industrial Assembly Equipment Market – Competitive Landscape

Companies operating in the industrial assembly equipment market are increasingly investing in research and development to develop new and innovative techniques to manufacture industrial assembly equipment. The industrial assembly equipment market is highly fragmented due to the presence of numerous manufacturers in developed and developing regions. Furthermore, manufacturers are striving to gain a competitive edge by increased product differentiation.

Key Players Operating in the Global Market

The global industrial assembly equipment market is highly concentrated with top manufacturers accounting for approximately 35% to 40% share of the market. A few of the key players operating in the global industrial assembly equipment market are listed below:

Atlas Copco
AeroGo Inc.
ARaymond
Brüel & Kjær Vibro GmbH
Coetz Technologies
Flexicon Corporation
Hitachi High-Tech Corporation.
ICM
Indufitmachine
Keller Technology Corp.
Kinematic Automation Inc.
Nuhydro
RNA Automation Limited
Rockwell Automation, Inc.
Siemens

Global Industrial Assembly Equipment Market–Research Scope

The global industrial assembly equipment market can be segmented based on:

Type
Press Machines
Application
Industry
Distribution Channel
Operating Mode
Region

Global Industrial Assembly Equipment Market, by Type

Fastening Equipment
Assembly Equipment

Global Industrial Assembly Equipment Market, by Press Machines

Manual Presses
Pneumatic Intensified (Air/Oil) Press
Pneumatic Presses
Hydraulic Assembly Presses
Servo Electric Presses

Global Industrial Assembly Equipment Market, by Application

Light Industry
Heavy Industry

Global Industrial Assembly Equipment Market, by Distribution Channel

Direct sale (OEM)
Indirect sales

Global Industrial Assembly Equipment Market, by Operating Mode

Manual
Semi-automatic
Automatic
Motorized
Servo-driven
Electronically controlled
Modular

Global Industrial Assembly Equipment Market, by Industry

Automotive
Pharmaceutical
Mining
Medical device
Food & beverage
Consumer goods
Electronics
Others (manufacturing industries)

Global Industrial Assembly Equipment Market, by Region

North America
- U.S.
- Canada
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Sweden
- Russia & CIS
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
South America
- Brazil
- Argentina
- Rest of South America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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