Precision Positioning Equipment Market size shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
A precision positioning equipment is also known as a precision actuator. It is used to achieve high precision along one single axis of motion. A precision positioning equipment is a special device that helps in market evaluation, highlighting of opportunities and helping in strategic and tactical decision-making. The device can either be electrical-driven or manual micrometer-driven. Some of its parts may include a head, scale, bed, motor, slide table and C-lube linear roller way.
Types of precision actuators are turn tables, ball transfer tables, dock levelers, parts feed, rotary index tables, air film devices, balancers, manipulators, vacuum manipulators, hoist, articulated crane manipulators, and industrial robots.
Precision positioning equipment help in monitoring performance for growth, profits and expansions. They are efficient in navigation applications for instance in GPS enabled smartphones, in road applications to ease traveling and in motoring of operations. They enhance the applications used in smart mobility, navigation and fleet management, and in satellite road traffic monitoring.
Precision positioning equipment enhance productivity levels, increase quality, high frequency of handling materials and lead to low damage of equipment and material. They are applied in packaging, medical, automotive, semi conductor and electronics, food and beverages, chemicals, e-commerce and aviation.
Precision Positioning Equipment Market Growth and Trends
• Precision positioning equipment market engenders numerous advantages in the automation industry. This constitutes:
Cloud computing technological advancement.
Cyber-physical system integrations.
Advancement in cognitive computing.
The above stated benefits anticipates an optimal propulsion of the precision positioning equipment market in the decades yet to arrive.
• Factory stimulation and development in the business dynamics and investment quotient of manufacturing firms features as a potent facet to boost the future demand for precision positioning equipment market.
• A upsurge in demand for Computerized Numerical Control (CNC) devices catalyses the requirement for precision positioning equipment market.
• Finally, the market has the ability to accelerate in terms of growth and employment opportunities for technically equipped and seasoned staff.
Challenges to Precision Positioning Equipment Market
Despite growth opportunities and amplification forecast, the market for precision positioning equipment faces inevitable challenges. This includes:
• High expenditure of machine installation and operation is likely to hinder the future market for precision positioning equipment.
• Many technologically underdeveloped countries still prefer the manual method of fabricating industrial materials. This could be become a pertinent obstructing factor in the upcoming market for precision positioning equipment.
Precision Positioning Equipment Market Regional Analysis
Global precision positioning market is widespread from North America all the way to the Far East. Increased demand in this market is due to the elevated growth of the construction, agriculture, and geographic information system industries in the world. The product’s global presence is attributed to increased production of precision positioning equipment by companies like Topcon Positioning Systems Inc., IKO International Inc., Aerotech, US EuroTek, and Sumitomo Heavy Industries, Ltd. These companies make the United States and Japan the leading share in the global market. Other companies that are contributing to the global growth of the precision positioning equipment marketing are Griffin Motion LLC, Halstrup-walcher GmbH, Mircowave Vision group, ARC Specilities, and Physik Instrumente (PI) GmbH & Co.KG.
Precision Positioning Equipment Market Share and Competition
Key companies operating in this industry are: ARC Specialties, Microwave Vision Group, Physik Instrumente (PI) GmbH & Co. KG., halstrup-walcher GmbH, Aerotech, Inc., US EuroTek, Inc., and Griffin Motion, LLC.
Precision Positioning Equipment Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Ball Transfer Table
• Dock Leveler
• Parts Feeder
• Rotary Index Table
• Air Film Device
• Vacuum Manipulator
• Articulated Jib Crane Manipulator
• Rigid-link Manipulator
• Industrial Robot
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Semiconductor & Electronics
• Food & Beverages
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• United Kingdom
• South Korea
• Middle East
• Rest of World
Precision Positioning Equipment Market Companies
• ARC Specialties
• Microwave Vision Group
• Physik Instrumente (PI) GmbH & Co. KG.
• halstrup-walcher GmbH
• Aerotech, Inc.
• US EuroTek, Inc.
• Griffin Motion, LLC
Available Versions: -
United States Precision Positioning Equipment Market Research Report
Europe Precision Positioning Equipment Market Research Report
Asia Pacific Precision Positioning Equipment Market Research Report
India Precision Positioning Equipment Market Research Report