Oscillating Indexers Market Size, Share, Growth and Industry Analysis by Type (Cam, Right-angle, and, Others) By Application (Heavy loads, and, light-load) Regional Forecast From 2024 To 2031

Updated On: 08 April 2024

Oscillating Indexers Market Report Overview

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The global oscillating indexers market size was expanded in 2022, as per our research, the market is expected to generate substantial revenue by 2031, exhibiting a CAGR during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Oscillating indexers are basically machine tool positioning devices. There are two different types of indexers namely, cam indexers,  and right-angle indexers. These devices are used in industries for the purpose of converting a constant output into an intermittent output. These devices have many applications and are in high demand.

These indexers are used in several industries. Oscillating indexer will have the optimal design to be used in manufacturing sector. This is identified as the latest trend in the market currently.

Cam indexers will simplify the task of performing tedious manual labor. Efficiency and precision of assembling all the parts of a machine will also increase using these equipments. All of these can be considered as the factors driving the oscillating indexers market share.

COVID-19 impact: Disruption in Automotive and Logistics Sector Decreased Market Growth

COVID-19 was one of the biggest pandemics that affected the man-kind. Economies of all the countries collapsed due to a drastic decrease in their demand. The operation of all the industries stopped due to the rapid spreading of coronavirus.

Oscillating indexers are used prominently in the automotive and logistics sector. During the pandemic the global transport activity fell down by almost 50%. Whereas the commercial flight activity declined by 75%. With a decline in the demand for transportation segment oscillating indexers market also experienced a decline during pandemic.

LATEST TRENDS

"Usage of Oscillating Indexers in Multitude of Industries to Increase Market Growth"

Indexers have a lot of demand in the market as they are used in several industries. The main reason for this is the optimal design which makes them suitable to be used for a lot of applications. They are best suited for performing manufacturing activities.

These indexers form a very crucial part of several automated manufacturing systems. Oscillating indexers are also called as machine tool positioning devices. They are referred to as tool positioning equipments as they move around parts of different machines in a rotating or an indexing pattern along an axis. These devices are made up of circular steel plates, encoders, sensors, and controllers. This is considered as the latest trend in the market.

Oscillating Indexers Market Segmentation

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• By Type:

The market can be divided on the basis of type into the following segments:

Cam, Right-angle, and, Others. The cam segment is anticipated to dominate the market during the forecast period.

• By Application:

Classification based on application into the following segment:

Heavy loads, and, light-load. The heavy load segment is predicted to dominate the market during the research period.

DRIVING FACTORS

"Simplification of Manual Labor by Oscillating Indexers to Accelerate Market Growth"

These indexers are very useful in factories as they simplify the manual process of assembling machine parts which otherwise would have taken many days. Redundancy of doing the same task is also reduced by using indexers. Cam indexers are highly suitable for this purpose.

Cam indexers are specialized and programmed to carry a particular part or component of a machine around the manufacturing environment. Arrays of small parts can also be moved along the work stations. Functions like equipment positioning, sequential machining, assembly tasks, and welding can be done effectively with the assistance of indexers.

"Usage of Oscillating Indexers in Bottling Companies to Propel Market Growth "

One important industry where oscillating indexer are used very prominently is bottling companies. Apart from this, automotive manufacturers also employ indexers for fixing the parts of various automotives. The main reason for using indexers is to increase the precision and efficiency of assembling the parts of a machine or a device.

Microchip manufacturers, and automotive industries also make use of oscillating indexers. Also, these indexers are very strong and durable and can endure any wear and tear. Hardened wear surfaces are used for making indexers to increase their tolerance. This also ensures that key operating components are protected. All of these factors are propelling the market growth. 

RESTRAINING FACTOR

"Complexity of Manufacturing Oscillating Indexers to Decrease Market Growth"

The major disadvantage of any kind of indexers is that they are very complex and involve several details. A lot of time will be required to manufacture these devices. Many different parts have to be combined together to form an efficient oscillating indexer.  

Some of the important components involved in the formation of an indexer include precision machined circular steel plates, drive systems, sensors, encoders, mounting holes, spindles, and hold components. High quality parts must be used for manufacturing oscillating indexers. Otherwise, the overall quality of the device will also deteriorate. This can be a major factor restraining the market growth.

Oscillating Indexers Market Regional Insights

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"North America to Dominate Market Share in The Upcoming Years"

North America is the largest market share holder of the oscillating indexers market. Some of the important factors that have positively influenced the market development include, the increasing number of industries in this region. Industrialization has increased the scope for the market.

Precision, and efficiency provided by indexers in assembling parts within a machine has increased the adoption of these equipments in many industries. Manufacturers also prefer to use invest on oscillating indexers as they are affordable and can be used for a very long period of time. All of these factors are creating growth opportunities for the market in North America.

Key Industry Players

"Leading Players adopt Acquisition Strategies to Stay Competitive "

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

List of Market Players Profiled

• Colombo Filippetti (Sri Lanka)
• Sonzogni Camme (Italy)
• TÜNKERS (Germany)
• SANKYO (Japan)
• Yangheon Machinery (South Korea)
• ITALPLANT (Romania)
• CAMCO (U.S.)

Report Coverage

The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations.