Global rotary indexer demand is anticipated to be valued at USD 800 Million in 2022, forecast to grow at a CAGR of 3.2% to be valued at USD 1,096.16 Million from 2022 to 2032. Growth is attributed to increased demand for silicone elastomers, especially across the automotive and construction industries.
Report Attributes | Details |
---|---|
Estimated Base Year Value (2021) | USD 798 Million |
Expected Market Value (2022) | USD 800 Million |
Anticipated Forecast Value (2032) | USD 1,096.16 Million |
Projected Growth Rate (2022 to 2032) | 3.2% CAGR |
A rotary indexer is a rotatory motion equipment that realizes the intermittent movement. Rotary indexers are widely adopted in automated assembly machinery and the selection of proper mechanism is essential for both minimizing the cost of the component and maximizing performance.
Rotary indexers are primarily utilized for accurate and dependable positioning of medium parts in various machining operations such as drilling, tapping, milling, contouring and spiral milling.
Rotary indexers offer various features such as controlled acceleration and deceleration, shaft or flange output, smooth motion, repeatable and accurate positioning, quick setting time and a capacity for high speed and high load. Generally, two types of rotary indexers are available in the market, namely precision ring drive and compact ring drive.
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
The global rotary indexer market is expected to be primarily driven by growth in automotive and electronics industries across the globe. Rotary indexers are most widely adopted in automated welding, medical packaging and assembly cutting systems.
In the recent past, there has been a growing trend towards automated welding, supported by the rising demand from end-use industries for welding products across the globe.
Prominent manufacturers involved in the global rotary indexer market are focusing on the introduction of precision rotary indexers to cater to numerous end-users across the globe. For instance, in the recent past, Nexen Group introduced the MRS (Motor Ready Sealed) precision rotary indexer.
The high roller pinion-to-gear ratio allows users to directly drive the system with the addition of a servo motor. The aforementioned factors are found to be the key trends identified in the global rotary indexer market across the globe.
The rotary indexer market is projected to be challenged by the oil price collapse and declining levels of petroleum and natural gas exports. Such factors are leading to upset the global economy, making a severe impact on market players. Additionally, heightened costs for indexers and stringent regulatory measures are like to restrict the sales of rotary indexers.
North America was the largest market for rotary indexer and the trend is expected to continue into the forecast period owing to rapid industrialization in this region. North America, led by the United States, is anticipated to hold a substantial share in the global rotary indexer market during the forecast period. Growth in electronics and automotive assembly units across the USA is expected to assist the sales of rotary indexers in North America. The region is forecast to surge at over 5% CAGR from 2022 to 2032.
According to Future Market Insights, Europe is expected to provide immense growth opportunities for rotary indexers, with Germany expected to steer the bulk of all regional growth. Extensive applications in the automotive industry is keeping sales of rotary indexers afloat across Germany.
Countries such as Poland, Belgium, UK and Czech Republic are all also generating high demand for rotary indexers, as these regions are witnessing an uptick in automotive sales. Moreover, the electronic industry in these countries is also experiencing a major upsurge, which will generate favorable conditions for market growth.
Some of the key participants present in the global rotary indexer market include A Dover Company, WEISS North America, Inc., Sankyo Automation, Nexen Group Inc., TAKTOMAT, TAN TZU Precision Machinery Co., Ltd., Colombo Filippetti S.p.A., Haas Automation, Inc., Quality Vision International Inc., Cam Division System (Bettinelli group), Hardinge Inc. and others.
Attributed to the presence of such a high number of participants, the market is highly competitive. Key manufacturers involved in the manufacturing of rotary indexers are primarily focusing on the introduction of precision indexers and the expansion of their precision rotary indexer lines.
A precision rotary indexer provides various benefits as compared to conventional rotary indexers such as high torque, high precision, high acceleration and zero backlash, low maintenance and long life.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
Report Attributes | Details |
---|---|
Growth Rate | CAGR of 3.2% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Type, End-Use, Application |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; APEJ; Japan; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
Key Companies Profiled | A Dover Company; WEISS North America Inc.; Sankyo Automation; Nexen Group Inc.; TAKTOMAT; TAN TZU Precision Machinery Co. Ltd.; Colombo Filippetti S.p.A.; Haas Automation Inc.,; Quality Vision International Inc.; Cam Division System (Bettinelli Group); Hardinge Inc. |
Customization | Available upon Request |
FMI projects the global rotary indexer market to expand at a 3.19% value CAGR by 2032
North America is expected to be the most opportunistic rotary indexer market, expanding at a 5% CAGR
A Dover Company, WEISS North America, Inc., and Sankyo Automation, are some prominent rotary indexer manufacturers
Expected Market Value in 2023 | USD 900 million |
---|---|
Projected Market Value in 2033 | USD 1,700 million |
CAGR (2023 to 2033) | 6.6% |
Explore Responsible Resource Management & Safety Insights
View ReportsThank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.