PUBLISHER: QYResearch | PRODUCT CODE: 1100584
PUBLISHER: QYResearch | PRODUCT CODE: 1100584
Due to the COVID-19 pandemic, the global market for Fully Automatic Insertion is estimated to be worth US$ 1035 million in 2022 and is forecast to a readjusted size of US$ 1348 million by 2028 with a CAGR of 4.50% during the forecast period 2022-2028.
China Fully Automatic Insertion market size was US$ 305 million in 2021, while the Japan and Europe Fully Automatic Insertion were US$ 107 million and US$ 155 million, severally. The proportion of the Japan was 10.79% in 2021, while China and Europe were 30.75% and 15.64% respectively, and it is predicted that China proportion will reach 31.53% in 2028, trailing a CAGR of 4.73% through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR 3.91%, 4.35%, and 5.42% respectively for the next 6-year period. As for the Europe Fully Automatic Insertion landscape, Germany is projected to reach US$ 63 million by 2028 trailing a CAGR of 5.38% over the forecast period.
The global main companies of Fully Automatic Insertion include Universal Instruments Corporation, Panasonic, Juki, TE Connectivity, FINECS, Southern Machinery, Fuji, Dongguan Sciencgo Machinery Manfacturing, and Techwin, etc. In 2021, the global five largest players hold a share approximately 83.97% in terms of revenue.
In 2021, Radial segment accounted for a share of 30.75% in the global Fully Automatic Insertion market. And this product segment is poised to reach US$ 374 million by 2028 from US$ 305 million in 2021.
In Fully Automatic Insertion market, the Home Appliances segment holds an important share in terms of application, and it is expected to reach a revenue of US$ 575 million by 2028, at a CAGR of 4.60% during 2022 and 2028.
Fully Automatic Insertion market is segmented by region, by country, by company, by Type, and by Application. Players, stakeholders, and other participants in the global Fully Automatic Insertion market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2017-2028.