The rotary indexer market size is expected to grow from US$ 654.90 million in 2021 to US$ 883.96 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028.
A rotary indexer is rotary motion equipment that uses a collet system to hold the material that is put on it and is generally used for drilling hole patterns in round materials. It is an important type of motion in various areas of application, such as mechanical engineering, precision measuring, machine assembling, and inspection. Surging demand for rotary indexers in various applications is one of the prominent factors driving the rotary indexer market's growth. Automated welding, medical packing, assembly cutting systems, and rotary indexers are major applications for rotary indexers. It is also used in various other applications such as assembly, machining, testing, printing, positioning and transfer, and parts separation. The key factors driving the rotary indexers market are increasing growth prospects in manufacturing industries and the associated advantages of precision rotary indexers over conventional rotary indexers. Advancement in technology and the adoption of automation by various manufacturing industries is anticipated to hold potential growth opportunities in the coming year.
Asia Pacific held the largest share of the rotary indexer market share in 2020. The rapidly growing manufacturing sectors across countries such as China and India are propelling the rise in the adoption of automated solutions across the region. For instance, according to the data published by the International Federation of Robotics (IFR) in 2020, Asia experienced a rise of 4% in the deployment of new industrial robots compared to 2019. The automotive industry also experienced rapid growth owing to several favorable government initiatives to promote regional automotive manufacturing across Asia Pacific. According to the International Organization of Motor Vehicle Manufacturers in 2020, China accounted for the highest vehicle manufacturers globally, producing 310,000 commercial and 1.77 million passenger cars. Asia Pacific is also considered to be the manufacturing hub of consumer goods such as smartphones, laptops, sound systems, televisions, and other household equipment. North America is the second-largest market owing to the high adoption of advanced and automated solutions across manufacturing units as a technologically advanced region. As per the Association of Advancing Automation report, despite experiencing a decline in growth in the manufacturing industry, North America witnessed a growth rate of 20% in the procurement of robots across the manufacturing industry in first quarter of 2021 compared to first quarter of 2020.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Rotary Indexer Market: Strategic Insights
Market Size Value in US$ 654.90 million in 2021 Market Size Value by US$ 883.96 million by 2028 Growth rate CAGR of 4.4% from 2021 to 2028. Forecast Period 2021- 2028 Base Year 2021
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Rotary Indexer Market: Strategic Insights
| Market Size Value in | US$ 654.90 million in 2021 |
| Market Size Value by | US$ 883.96 million by 2028 |
| Growth rate | CAGR of 4.4% from 2021 to 2028. |
| Forecast Period | 2021- 2028 |
| Base Year | 2021 |
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Impact of COVID-19 Pandemic on Rotary Indexer Market
The COVID-19 outbreak dramatically impacted the global economy during its peak in 2020 in its initial days, and the crisis hampered the business activities in the manufacturing industry significantly. Before the COVID-19 pandemic, the GDP rose faster due to a surge in investment from various investors and government support. However, the COVID-19 pandemic certainly slowed down the deployments and investment of rotary indexer solutions that hampered the business dynamics of the rotary indexer market. During the initial days of the COVID-19 pandemic, the crisis restricted all business deals, collaborations, and partnerships that significantly shattered the rotary indexer market. With ease in restrictions and reopening of business units, the demand for the adoption of the rotary indexer was peaking, and thus contributing towards the rotary indexer market growth. From the second half of 2020, market players significantly invested in adopting advanced technology, leveraging the demand for rotary indexers, making them more intelligent and efficient. It achieved a strong recovery after the COVID-19 pandemic due to the rise in advanced rotary indexer technology adoption globally.
Lucrative Region for Rotary Indexer Market
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Market Insights
Increasing Prospects in Manufacturing Industries Propelling Market Growth
The manufacturing sector, such as robotics, machine learning, and artificial intelligence, enabled the machines to match or even outpace humans in a range of activities, including the cognitive activities required at various levels of manufacturing. Increased productivity ranges between 10% and 20% when automation is integrated on any lean assembly line. Further, Industry 4.0 is another buzzing trend that is anticipated to take up the manufacturing sector in the coming years. Increasing uptake of rotary indexers has resulted in the rising levels of automation in the manufacturing sector worldwide. However, the emergence of the COVID-19 pandemic in 2020 hampered the business dynamics of the market due to the shutdown of manufacturing industries. Currently, the manufacturing sector is witnessing error-free and streamlined procedures using Robotic Process Automation (RPA). Manufacturing companies are replacing human sources with industrial robots in production units for assembling, quality checking, and packaging the product. The RPA has been integrated into the manufacturing sector for activities such as preparing material bills, administration & reporting, customer support and service desk, data migration, logistics data automation, ERP automation, and Web integrated RPA. Thus, such booming investment prospects in the industrial sector hold potential demand for rotary indexers within the manufacturing industries, which helps drive rotary indexer market growth.
Type Insights
Based on type, the rotary indexer market is segmented into heavy duty rotary indexer and light duty rotary indexer. The heavy duty rotary indexer segment accounted for a larger market share in 2020 and is expected to grow in the coming years. Its features include durable welded steel housing, precision cam with preloaded cam followers for maximum accuracy, and a preloaded “center rib” design for smooth acceleration and deceleration with precision positioning. It has a robust and compact design which provides a big dial plate and a large center hole. These features enable the heavy duty rotary indexer for using in heavy-duty rotary dial applications. It is used in various industries such as aerospace, automotive, food and packaging, consumer goods, and life science. Thus, wide scope application in vertical industries is driving the segment's growth.
Application Insights
Based on application, the rotary indexer market is segmented into machine tools, semiconductors, medical packaging, automated welding, robotics, and assembly cutting system. The machine tools segment accounted for the largest market share in 2020 due to its wide application scope in various industries such as metal & mining, manufacturing, aerospace, marine, electricals and electronics, healthcare, and consumer durables. The machine tools application includes lathes, shapers and planers, drilling machines, milling machines, grinders, power saws, boring machines, drilling and tapping machines, sharpeners, gear cutters, machines for glasswork, machines for stonework, and machines for woodwork.
Rotary Indexer Market, by Application – 2020 and 2028
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
End Use Industry Insights
Based on end use industry, the rotary indexer market is segmented into automotive, medical & healthcare, electronics, transportation, and aerospace. The automotive segment accounted for the largest market share as larger positioners can rotate several tons of automotive body parts in seconds while smaller parallel and roller gear indexing drive accurately rotate pharmaceutical or electronic components in milliseconds. Automotive applications of rotary indexers include a body in a white component that is being welded, such as frames, doors, and hoods. Many auto parts are also assembled with the equipment, including hinges, latches, motors, sensors, and switches. Medical & healthcare segment is the fastest-growing segment owing to the rise in usage of assembled consumer goods pens, razors, soap dispenser pumps, and toothbrushes. The growing investment in the healthcare industry is fueling the adoption of rotary indexers that helps drive the market growth over the forecast period.
A few rotary indexer market players are Colombo Filippetti S.p.A; Nabtesco Corporation; FIBRO India; Haas Automation, Inc; TUNKERS Maschinenbau GmbH; Goizper Group; Camfield Engineers; Motion Index Drives Inc; Nexen Group, Inc.; Packam Controls; Sankyo Automation; Square Automation; TAKTOMAT; CKD Corporation; WEISS GmbH; DESTACO (Dover Corporation); Bettinelli F.lli S.p.A.; Festo; Guangdong Saini Intelligent Equipment Technology Co., Ltd.; and HepcoMotion. The key companies adopt strategies such as research and developments and mergers and acquisitions to expand their customer base and gain significant share in the global market, allowing them to maintain their brand name globally.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Application, and End-Use Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Manufacturing industries have been incorporating greater automation levels wherein rotary indexers are used in packaging, labeling, pressing, trimming, bottling, automatic assembly machines, and other applications. Manufacturing of consumer electronics, healthcare-related products, automobiles, and aerospace industries are some of the prominent industry verticals that have been prolific in the automation integrations into manufacturing assembly lines. Thus, the rise in the rotary indexer market is attributed to growth prospects in the manufacturing industry. Thus, such booming investment prospects in the industrial sector are anticipated to hold potential demand for rotary indexers within the manufacturing industries which helps drive the market growth.
The rotary indexing machines are tailored to the customer’s specific applications having high precision, repeatability, productivity, low maintenance, and are used in various applications in assembly, machining, testing, printing, positioning and transfer, parts separation, bottle filling, induction hardening, ultrasonic cleaning machine, polishing machine, riveting machine, packaging machine, printing machines, cap fitting machine, tube filling machines, drilling machines, welding machines, Stator insulation types of machinery, trimming machine, automatic assembly machine and among other applications. Thus, wide scope application in various industries and a rise in automation integration in end-use industries are anticipated to propel the demand for rotary indexers in the manufacturing industries, helping drive the market opportunities over the forecast period.
Based on type, the rotary indexer market is segmented into heavy-duty rotary indexers and light-duty rotary indexers. The heavy-duty rotary indexer segment accounted for the largest share of the rotary indexer market in 2020. Moreover, the light-duty rotary indexer segment is projected to grow at a faster pace during the forecast period.
Based on application, the rotary indexer market is segmented into machine tools, semiconductors, medical packaging, automated welding, robotics, and assembly cutting system. The machine tools segment accounted for the largest share of the rotary indexer market in 2020. Moreover, the assembly cutting system segment is projected to grow at a faster pace during the forecast period.
The global rotary indexer market is segmented into five major regions— North America, Europe, Asia-Pacific, Middle East & Africa, and South America. In 2020, Asia Pacific led the rotary indexer market in 2020 followed by North America and Europe holding the second-and third-largest shares respectively, of the global rotary indexer market.
Some of the prominent players operating in the global rotary indexer market Bettinelli, Motion Index, Weiss, Destaco, and Sankyo. The companies engage themselves in designing and developing robust rotary indexer with competitive pricing which enables the manufacturers to attract customers, thereby, gaining market share.
The list of companies - Rotary Indexer Market
- Colombo Filippetti S.p.A
- Nabtesco Corporation
- FIBRO India
- Haas Automation, Inc
- TUNKERS Maschinenbau GmbH
- Goizper Group
- Camfield Engineers
- Motion Index Drives Inc.
- Nexen Group, Inc.
- Packam Controls
- DESTACO (Dover Corporation)
- Bettinelli F.lli S.p.A.
- Sankyo Automation
- Festo
- Square Automation
- TAKTOMAT
- Guangdong Saini Intelligent Equipment Technology Co., Ltd.
- CKD Corporation.
- HepcoMotion
- WEISS GmbH
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Rotary Indexer Market
Apr 2022
Robotic Crawler Camera System Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component [Hardware (Cameras, Crawlers, Cable Drums, Control Units, and Others), Software, and Service], Application (Drain Inspection, Pipeline Inspection, and Tank Void Capacity or Conduit Inspection), and End User (Residential, Commercial, Municipal, and Industrial)
Apr 2022
Inertial Sensor for Land Defense Systems Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Technology (FOG, MEMS, and Others) and Application (Stabilization Missile Systems, Stabilization Turret-Cannon Systems, Land Navigation Including Land Survey, Missile GGM-SSM, Stabilization Active Protection System, Stabilization of Optronics System, and Others)
Apr 2022
Drone Lithium Battery Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis By Battery Type (Li-ion, Li-Po, and Li-S), Battery Capacity (Below 3,000 mAh; 3,000–5,000 mAh; and Above 5,000 mAh), Drone MTOW (Below 100 Kgs, 100–200 Kgs, and Above 200 Kgs), Wing Type (Fixed Wing and Rotary Wing), and End Use (Military and Commercial)
Apr 2022
ASRS for Garments on Hangers Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis By Type (Garment Rail System, Garment Conveyor, Garment Property Storage, and Others) and Application (Warehousing and Logistics, Retail 3PL, Hotels, Hospitals and Institutes, and Others)
Apr 2022
Analog to Digital Converter Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Integrating Analog to Digital Converters, Delta-Sigma Analog to Digital Converters, Successive Approximation Analog to Digital Converters, Ramp Analog to Digital Converters, and Others), Resolution (8-Bit, 10-Bit, 12-Bit, 14-Bit, 16-Bit, and Others), and Application (Industrial, Consumer Electronics, Automotive, Healthcare, Telecommunication, and Others)
Apr 2022
Laser Distance Sensor Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Distance (Between 2 and 10 Meters, Between 11 and 100 Meters, Between 101 and 200 Meters, and Between 201 and 500 Meters), Accuracy (1 mm at 2 Sigma, 3 mm with 2 Sigma, and 5 mm at 2 Sigma), and End User (Manufacturing, Construction, Automotive and Robotics, Aerospace and Defense, Geospatial Industry, and Others)
Apr 2022
Rugged Tablet Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis By Type (Fully Rugged Tablet, Semi Rugged Tablet, and Ultra Rugged Tablet); Operating System (Android, Windows, and iOS); and Application (Aerospace & Defense, Automotive, Construction, Energy & Utilities, Manufacturing, Oil & Gas, and Others)
Apr 2022
Rear Door Heat Exchanger Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Active and Passive) and End User (Data Center, IT and Telecommunication, Semiconductor, Education, Government, and Others)