Transparency Market Research delivers key insights on the North America automated rotary indexing table market. In terms of revenue, the North America automated rotary indexing table market is estimated to expand at a CAGR of 3.23% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the North America automated rotary indexing table market.
The automated rotary indexing table market in North America is broadly affected by several factors, including a rise in adoption of industrial automation. Thus, increasing applications of the automated rotary indexing table in industrial automation is propelling the automated rotary indexing table market in North America.
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Automation in the industrial workplace enhances productivity and quality, while reducing errors and waste, increasing safety, and adding flexibility to the manufacturing process. The automated rotary indexing table adds flexibility to the automation.
Additionally, an automated production facility with rotary indexing table is commonly used to assemble consumer goods such as pens, razors, soap dispenser pumps, and toothbrushes. Automated rotary indexing tables can be integrated with industrial automation systems so that each task of the manufacturing process blends seamlessly into the next.
Thus, this factor is projected to have a positive impact on the automated rotary indexing table market in North America during the forecast period.
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The automated rotary indexing table market in the U.S. is expected to expand during the forecast period, owing to the presence of key market players, technological advancements, and expansion of automation in the industrial sector in the country. The automated rotary indexing table market in the U.S. is projected to expand further due to a significant rise in the adoption of automated rotary indexing table among industrial, automotive and consumer goods industries. Hence, the market in the country is projected to reach a value of US$ 82.43 Mn by 2031. The automated rotary indexing table market in the U.S. is likely to expand at a notable CAGR of 3.29% during the forecast period, owing to the presence of a significant number of players manufacturing automated rotary indexing table in the U.S.
Key players operating in the automated rotary indexing table market in North America are Weiss North America Inc., DESTACO – CAMCO, EXPERT-TÜNKERS, FiBro GmbH, Hiwin Corporation, Kitagawa NorthTech, Inc., and Sankyo Automation and Motion Index Drives, Inc.
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