According to a recent survey published by FMI, the global Part Feeder market is expected to grow at a healthy CAGR during the forecast period between 2018 and 2028. The objective of the report is to uncover micro and macro-economic factors accelerating the sales of Part Feeder over the coming decade.
Advent of Industry 4.0 Technology to Create New Growth Avenues for the Part Feeder Market
Industrial sector is witnessing revolution as manufacturers across the world are extensively emphasizing towards adopting incorporating advanced automation, This is commonly being referred to as Industry 4.0.
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With the growth of Industry 4.0, manufacturing facilities are prioritising the use of novel technologies such as artificial intelligence, smart manufacturing, internet of things (IoT), and machine learning, among others. This is expected to provide considerable potential opportunities in the Part Feeder market.
Furthermore, increased government emphasis on upgrading the manufacturing sector and integrating augmented and virtual reality with smart equipment to increase output will fuel market demand in the coming years.
Key Part Feeder Market Takeaways and Projections
- The U.S. is estimated dominate the Part Feeder market in North America, accounting for the largest share in the region through 2022.
- Germany is projected to account for a significant share in the Europe market over the assessment period.
- China is forecast to hold the lion’s share the East Asia market, projecting the fastest growth in the region between 2018 and 2028
- India is anticipated to emerge as a highly remunerative market in South Asia, accounting for the largest sales during the forecast period.
Report Benefits & Key Questions Answered
- Part Feeder Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities and challenges. It studies their impact on the market over the previous assessment period 2016-2020. The report provides crucial insights to market players to capitalize on opportunities and counter challenges.
- Part Feeder Demand-Supply Assessment: A latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Part Feeder market. As per the survey, Part Feeder sales will project steady growth over the forecast period.
- Part Feeder Consumption by Demographics: The report published by FMI provides consumption by demographics analysis to assist the market players in formulating their marketing strategies on the basis of purchasing power of the customers. It examines changes in consumer behavior and also studies its effect on the demand for Part Feeder.
- Part Feeder Market Trend Analysis: FMI’s market trend analysis provide detailed insights into current and upcoming trends in the industrial automation industries. It also assist the industry players to identify potentials trends to capitalize on them.
Part Feeder Market: Market Participants
Examples of some of the players operating in the global part feeder market include,
- Hoosier Feeder Company
- ATS Automation Tooling Systems Inc.
- NTN Corporation
- Multifeed Parts Feeding System Sdn Bhd
- Performance Feeders, Inc.
- Técnicas de Alimentación Dinámica, S.L.
- Alphamation
- RNA Automation Ltd
- Sikora Automation
- Unite Automation
- Rhein-Nadel Automation GmbH
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Part Feeder Market: Segmentation
The global part feeder market can be segmented on the basis of product type, bowl type and end-use industry.
On the basis of product type
- Rotary Feeder
- Pneumatic Feeder
- Vibratory Bowl
- Magnetic Feeder
- Programmable Feeder
On the basis of bowl type:
- Cylindrical
- Stepped
- Conical
- Polyamide
On the basis of end-use industry:
- Construction
- Automotive
- Pulp and Paper
- Pharmaceutical
- Others
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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