The APAC Automatic Assembly Machines market size is projected to reach USD 2.96 billion by 2029
Published Date: Sunday,14 Jul,2024
APAC Automatic Assembly Machines Market
This report studies the Automatic Assembly Machines in APAC.
An Automatic Assembly Machines is a dedicated system utilizing mechanized and automated devices for producing goods and performing various functions in an assembly line. Its basic functionality is an organized approach of assembling goods which is partly automated and partly controlled by humans. For this purpose, Automatic Assembly Machines performs a series of automated operations for combining multiple components into a single unit which can be used as a final product or sub assembly. Generally, automated machinery is used to produce products in which standard components or parts are added in a definite sequence of events along what is commonly called an assembly line. Automated assembly system forms an integral part of the process in many technical organizations, manufacturing industries, medical research, clinical companies, etc. Some of the advantages of assembly process from conventional automation systems are in terms of labor savings, consistency of input and output, capability to handle multiple tasks so as to meet demands of a manufacturing process, better reliability and profitability through higher production rate.
Assembly automation is the application of robotics, software, digitalized data, and plant design engineering to manufacturing processes to minimize manual labor requirements while maximizing efficiency, safety, and output. Advancements in industrial automation technologies such as artificial intelligence, machine vision, complex robotics and other controls are making automated assembly more flexible, efficient, and rapid than ever before.
According to the new market research report “APAC Automatic Assembly Machines Market Report 2023-2029”, published by GIResearch, the APAC Automatic Assembly Machines market size is projected to reach USD 2.96 billion by 2029, at a CAGR of 6.2% during the forecast period.
- APAC Automatic Assembly Machines MarketSize(US$ Million), 2018-2029
Source: GlobalInfoResearch, “Global Automatic Assembly Machines Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”(published in 2023). If you need the latest data, plaese contact GIResearch..
- APAC Automatic Assembly Machines Top15 Players Rankingand Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: GlobalInfoResearch, “Global Automatic Assembly Machines Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”(published in 2023). If you need the latest data, plaese contact GIResearch.
The APAC key manufacturers of Automatic Assembly Machines include Grob, HIRATA, ATS Automation Tooling Systems, Juki, NITTO SEIKO, Autec Mechanical, Shinko Engineering, Teamtechnik (Dürr), Tach Precision Engineering, Tateyama Auto Machine, etc. In 2022, the APAC top five players had a share approximately 32.0% in terms of revenue.
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