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Assembly Machine Market Share

Report ID: GMI4287
Published Date: Aug 2019
Report Format: PDF

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Assembly Machine Market Share

The industry is diversified in nature, with major players differing based on the product offering. Some key players in the assembly machine market are

A UNO TEC S.R.L.
Bystronic Maschinen AG
EMAG GmbH & Co. KG
Extol, Inc.
FANUC Corporation
Gefit Group
Haumiller
Hindustan Automation
Humard Automation SA
Intec Automation, Inc.
Isthmus Engineering
Kawasaki Heavy Industries, Ltd.
Mondragon Assembly
Norwalt Design Inc.
RNA Automation Limited

among several regional & international players. Manufacturers are increasing investments for automation to differentiate their product offerings and gain a competitive advantage. Companies are expanding their business operations in various parts of the country to increase the customer base and expand their market presence. In February 2018, Haumiller Engineering announced the opening of its new corporate and engineering facility in South Elgin, Illinois, and the U.S. The new facility will allow the company to expand its manufacturing and production capacity of assembly machines.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market size of assembly machine was valued at over USD 6.5 billion in 2018.

The industry share of assembly machine will grow at a CAGR of more than 5% from 2019 to 2025.

Ongoing technological developments in automotive, electronics and healthcare sectors and growing need for automation to boost productivity is fueling assembly machine deployment.

The growing need to enhance product quality by reducing errors and variability in industrial operations is accelerating the adoption of assembly machines.

SMEs having less production and high-quality manufacturing are increasingly deploying semi-automatic assembly machines to cut operation costs and enhance productivity in manufacturing processes.

Latin America assembly machine industry will grow on account of favorable government initiatives to improve industrial and economic conditions in countries including Brazil, Argentina, and Mexico.