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Rotary Indexer Market is expected to reach US$ 883.96 million by 2028

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.<br>

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Rotary Indexer Market is expected to reach US$ 883.96 million by 2028

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  1. Increasing Prospects in Manufacturing Industries to Drive Rotary Indexer Market Growth During 2021–2028 According to our latest market study on “Rotary Indexer Market Forecast to 2028 – COVID- 19 Impact and Global Analysis – by Type, Application, and End-use Industry” the market 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. 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 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 Get Exclusive Sample Pages of Rotary Indexer Market - COVID-19 Impact and Global Analysis with Strategic Insights at - Sample PDF showcases the content structure and the nature of the information included in the report which presents https://www.theinsightpartners.com/sample/TIPTE100000593/ As per the data published by Trading Economics, India's manufacturing sector accounts for 78% of total industrial output. In addition, government initiatives for propelling the automotive industry are further driving the market dynamics for rotary indexers. For instance, as per the data published by India Brand Equity Foundation, in September 2021, the Indian government approved the Production Linked Incentive (PLI) scheme with an investment of US$ 3.53 billion. Also, in November 2021, the government has initiated the Uttar Pradesh Defense Industrial Corridor Project worth US$ 53.73 million in Jhansi. Thus, such booming investment prospects in the industrial sector are increasing demand for rotary indexers within the manufacturing industries, which helps drive the rotary indexer market growth. The list of companies - Rotary Indexer Market industry. growth. a qualitative and quantitative analysis – 1.Colombo Filippetti S.p.A 2.Nabtesco Corporation 3.FIBRO India 4.Haas Automation, Inc 5.TUNKERS Maschinenbau GmbH 6.Goizper Group 7.Camfield Engineers 8.Motion Index Drives Inc. 9.Nexen Group, Inc. 10.Packam Controls

  2. Government initiatives favoring the development of the automotive sector are supporting the growing vehicle manufacturing in the country, which, in turn, fuels the growth of the rotary indexer market. Indian automotive companies, such as Tata, Mahindra, and several tech startups, are working on automotive vehicle technology, which leads to demand for rotary indexers to reduce the production time of the manufacturers. The total numbers of vehicles produced in India in 2020 were 3,394,446 units, according to the International Organization of Motor Vehicle Manufacturers. The growing vehicle production is driving the growth of the rotary indexer market in the country during the forecast period. Additionally, the country experienced a double rate of industrial robotic installation over the last five years due to growing automation across the manufacturing industries. Impact of COVID-19 Pandemic on Rotary Indexer Market Growth The COVID-19 pandemic severely impacted the European countries, including Italy, Spain, France, and Germany, with Italy being the most affected. In the pre-covid scenario, the market witnessed a significant rise owing to the growing adoption of rotary indexers for manufacturing, inspection, and assembly tasks. However, the emergence of the COVID-19 pandemic imposed lockdowns in Europe, which led to a drastic decline across multiple industries, severely affecting the growth of the rotary indexer market in the region. The lockdown imposed by the government resulted in the shutdown of several industries, including automotive, consumer electronics, and transportation industries reducing the demand for rotary indexers. The COVID-19 outbreak in Europe triggered a sudden drop in demand for civil aviation, coupled with disruptions in the supply of raw materials caused by the limitations in cross-border movements. A U-shaped recovery was the most likely scenario for the sector in the aerospace industry. These factors negatively impacted the Europe rotary Speak to Analyst - Have a 15-minute-long discussion with the lead analyst and author of the report in a time slot decided by you. You will be briefed about the contents of the report and queries regarding the scope of the document will be addressed as well - https://www.theinsightpartners.com/speak-to- analyst/TIPTE100000593 However, in 2021, the relaxation of lockdown measures and growing investment in the manufacturing sector fueled the market again. Hence, the market outlook for rotary indexers gained momentum. Thus, in the coming years, such a rebound in the manufacturing, aerospace, and transportation industries is driving the rotary indexer market. In addition, in March 2022, Intel announced the first phase of its plans to invest US$ 86.92 billion in the European Union over the next ten years along the entire semiconductor value chain. Thus, such a booming investment trend in post-pandemic scenarios is expected to maintain healthy growth in the rotary indexer market during the forecast period Market Insights indexer market. 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

  3. emergence of the COVID-19 pandemic in 2020 hampered the business dynamics of the market due to the shutdown of manufacturing industries. The market is segmented into type, application, end-use industry, and geography. Based on type, the market size is segmented into heavy duty rotary indexer and light duty rotary indexer. By application, the market is segmented into machine tools, semiconductors, medical packaging, automated welding, robotics, and assembly cutting system. By end-use industry, the market size is segmented into automotive, electronics, medical and healthcare, transportation, and aerospace. Based on geography, the market is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South and Central America. Interested in purchasing this Report? Click here here - Immediate delivery of our off-the-shelf reports and prebooking of upcoming studies, through flexible and convenient payment methods - https://www.theinsightpartners.com/buy/TIPTE100000593/ About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us Contact Person: Sameer Joshi Phone: +1-646-491-9876 Email Id: sales@theinsightpartners.com Rotary Indexer Market Growth Rate, Rotary Indexer Market Size, Rotary Indexer Market Forecast, Rotary Indexer Market Growth https://www.digitaljournal.com/pr/human-machine-interface-market-to-hit-us-8-77-billion-globally-by- 2027-at-9-9-cagr-the-insight-partners

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