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Assembly Equipment Market

English Public
Market snapshot.

The Assembly Equipment market revenue will reach approximately USD 4.2 billion in 2022. Furthermore, according to Assembly Equipment market insights, the market is expected to grow at a CAGR of around 8.90% during the forecast period to reach a value of around USD 12.3 billion by 2035.

Request a sample PDF report here: https://www.sdki.jp/sample-request-104283

Market overview.

Assembly equipment is a type of industrial or manufacturing machinery that is primarily used to manufacture various products. This equipment comprises machines, robots, components and conveyors used in assembly lines. Assembly equipment is used in most manufacturing industries such as automotive, textiles, pharmaceuticals and construction.

Regional overview of the assembly equipment market

According to our assembly equipment market research analysis, Asia Pacific is expected to account for the largest share during the forecast period. The demand for semiconductor assembly equipment in Asia Pacific is likely to be driven by the presence of IC manufacturers. Integrated circuits are widely used in diverse industries such as data centres, consumer electronics, industrial, telecommunications and automotive. According to our assembly equipment market analysis, the integrated circuit (IC) industry accounted for approximately USD 128.4 billion in the Asia-Pacific region in 2022. These ICs are used to detect and process applications in high-density storage devices such as solid state drives (SSDs) and vehicles. In addition, the increasing number of chip manufacturing facilities across the globe is driving the growth of the semiconductor industry across the region, which is benefiting the growth of the assembly equipment market over the forecast period.

Comparison with competitive products

Key core players in the global assembly equipment market include Qualcomm Technologies, Inc, Intel Corporation, Teradyne Inc, Micron Technologies, Inc. and Applied Materials, Inc. In addition, the top five companies in the Japanese market include Tokyo Electron, JOYO ENGINEERING K.K., Wanotech Japan K.K., Joden Seisakusho and its Utani Corporation. The study includes detailed competitive analysis, company profiles, recent trends and key market strategies of these key players in the global assembly equipment market.

For more information on the market research report, visit: https://www.sdki.jp/reports/assembly-equipment-market/104283

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Assembly Equipment Market
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