AI Insertion Machine Market Size, Share, Growth, And Industry Analysis, By Type ( Radial, Axial ) By Application ( Electronic Products, Home Appliances, Illumination, Industrial Control ), Regional Insights, and Forecast From 2024 To 2032

Updated On: 15 April 2024

AI Insertion Machine Market Report Overview

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The global AI insertion machine market size was 182.4 million in 2022. As per our research, the market is expected to reach USD 252.5 million by 2029, exhibiting a CAGR of 4.7% during the forecast period.

The COVID-19 pandemic has been unprecedented and staggering, with the AI insertion machine market experiencing higher/lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

AI Insertion Machine is a relatively advanced automatic production technology used in modern electronic product assembly and assembling. Lower height components should be put first, followed by higher height components. The final insert should have valuable vital components. Heat sinks, brackets, and clips should all be placed near the soldering process. A fully automatic insertion machine is a device that automatically inserts objects such as letters and cards into envelopes. A fully automatic machine can load envelopes from a stack of pre-assembled envelopes, insert the contents (letter, card), seal it, print an address on its surface with computerized equipment, and affix a postage stamp to one side all at rapid speed. Paper stock is loaded onto enormous reels, which are then cut into sheets before being passed through printers or impact machines to generate individual pieces for insertion into the finished product. This is a fully automated operation, which means that the machine inserts and seals the envelope without the need for human participation.

AI Insertion Machine is a relatively advanced automatic production technology used in modern electronic product assembly and assembling. Lower height components should be put first, followed by higher height components. The final insert should have valuable vital components. Heat sinks, brackets, and clips should all be placed near the soldering process.

Because of technological improvements, the market share of Fully Automatic Insertion Machine goods has also increased, resulting in the development of highly efficient and dependable Fully Automatic Insertion Machine products. As a result, numerous sectors have adopted Fully Automatic Insertion Machine products, resulting in a major increase in market growth.

COVID-19 Impact:

COVID-19 pandemic impede market growth due to shortage of labour

The COVID-19 pandemic has had a considerable impact on the sector of fully automatic insertion machines. This is mostly due to a shortage of labour and a temporary halt in operations in a variety of businesses, including energy and power systems and the domestic industry. Furthermore, supply chain interruption and interstate limitation on transportation hampered industry growth.

Tier 1 and 2 providers in the insertion machine industry include TE Connectivity, Autosplice, Eberhard, HARMONTRONICS, and UMG Technologies. These vendors have manufacturing sites in Asia Pacific, Europe, North America, and the rest of the world. These firms' pin insertion devices are utilised by end-use sectors such as consumer electronics, automotive, aerospace and defence, medical, and a few more. Covid-19 had an impact not only on the operations of the pin insertion machine market players, but also on the businesses of the companies mentioned above. Leading automobile manufacturers saw a significant drop in vehicle sales in the first two quarters of the year. Volkswagen (Germany), for example, sold 3,736 vehicles in the first six months of this year, compared to 5,339 in 2019. Consumers have also cut their expenditure on high-priced items such as luxury cellphones, smartwatches, and smart home systems. Product features are considered a secondary priority, with basic functionalities favoured. All of these reasons are projected to have a negative influence on the market for pin insertion machines.

Latest Trends

"Miniaturization of electronic gadgets is an emerging trend "

Electronic component packaging is a developing art form driven by the demand for compact, lightweight, portable, battery-powered electronics such as cell phones, tablets, and notebook PCs. Because of the increased complexity of devices and the necessity for miniaturization in the electronics sector, higher component density than traditional PCB assembly is required. The pin insertion machine is used for inserting connectors and components into the circuit board, which has grown in importance in the production of electronic devices. As a result of the prospective rise of electrical components in industries such as medical, automotive, and aerospace, miniaturization technology is pushing the pin insertion machine market. Furthermore, heightened global awareness of the COVID-19 crisis has resulted in a huge demand for personal health monitoring equipment. During the current epidemic, this spike in demand for personal health monitoring devices is projected to fuel the insertion machine market.  

AI Insertion Machine Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into radial, axial. Radial is anticipated to be the leading segment.

• By Application Analysis

Based on application, the market can be divided into electronic products, home appliances, illumination, industrial control. Electronic products will be the dominating segment.

Driving Factors

"Recent advancements in sophisticated automobile electronics are driving industry growth"

The introduction of IoT, together with the necessity for complex electronic systems in the automobile sector for safety and infotainment capabilities, will greatly boost to the growth of the insertion machine market. The rising demand for car connection will spur new industrial advances. With continuous advancements such as touch-free human-machine interfaces revolutionizing the automotive business, the importance of linked cars is expanding. The advent of technology such as advanced driver assistance systems (ADAS), adaptive cruise control, and intelligent parking assistance systems will boost market growth even more. As the size of these electronic systems shrinks, the necessity for additional electrical interconnections inside a smaller packaging space grows. This increases the demand for insertion machines, which are used to efficiently assemble interconnect components in car electronics. Rising need for high-scale production in the consumer electronics assembly process for pushing looped press-fit and through-hole components into PCBs is a key driver driving market expansion. Furthermore, the continual desire for higher performance has resulted in an increased demand for improved automobile electronics such as telematics and in-car entertainment systems, which will support industry growth in the coming years.

"Wide range of applications leading market expansion"

In recent years, the Fully Automatic Insertion Machine market has grown steadily, with a significant increase in market share. This expansion can be attributable to a variety of causes, including increased demand for Fully Automatic Insertion Machine goods across a wide range of industries. The use of Fully Automatic Insertion Machine goods has become a crucial aspect of numerous industries, ranging from healthcare to automotive. Vertical Insertion Machines are great for high-volume, high-mix production, whereas Horizontal Insertion Machines are best for low-volume, high-mix production. Odd Form Insertion Machines are used for irregular-shaped components, whereas LED Insertion Machines are utilized for attaching LED components into a PCB. These devices find use in a variety of industries, including Energy & Power Systems, Home Appliances, Electronic Products, and others. Energy and power systems employ these machines to make PCB assemblies for power generation and distribution, whilst home appliances use them to make electronic controls for a variety of household equipment. These machines are used to produce PCBs for electronic devices such as smartphones, laptops, and PCs. Overall, the market for fully automatic insertion machines serves a diverse range of sectors.

Restraining Factors

"Nesting mistake during feed may hamper the automated installation "

Automatic inserters are self-contained machines that are used to process reeled press-fit and thruhole components into PCBs. Pins are dropped into a hopper or bin in automated assembly and continually delivered to the installation site, where pins are regularly put into pieces. To avoid machine downtime, there should be no clogs in the feed system or feed head. The difficulties with automated slotted-pin installation are nesting problems during the feed and the lack of square ends on the PCB. When pins stay together, automated systems become jammed. If a jamming problem does not arise during the feeding system, pins are forwarded for escapement; nevertheless, if the slotted pin becomes entangled with an adjacent pin in the feed tube, pin advancement is prevented. As a result, the process's downtime increases. However, due to technological developments in the latest generation of pin insertion machines, this nesting error during feed is projected to be minimised over the next few years.

AI Insertion Machine Market Regional Insights

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"APAC leads the worldwide insertion machine market during forecast period"

APAC dominated the insertion machine market in terms of geography in 2019. The developing consumer electronics market in China, the presence of several integrated device manufacturers and IC manufacturing firms in Taiwan, technological developments in automotive manufacturing capabilities in Japan, and innovations and advancements in semiconductor manufacturing in South Korea all contribute to APAC's commanding position. Furthermore, most electronic manufacturers outsource production in low-cost countries in this region, such as semiconductor assembly and testing operations. China dominates the global semiconductor market. Furthermore, the global semiconductor industry is predicted to show significant growth in the APAC region due to favourable economic conditions and lower trade obstacles. All of these factors are pointing to a good growth trajectory for the APAC insertion machine market.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Zhonghexu Precision Machinery (China)
• Panasonic (Japan)
• Universal Instruments Corporation (U.K.)
• Juki (Japan)
• Nobel Robot
• Fuji (Japan)
• Hanwha (South Korea)
• Fuxing Intelligent (China)
• B&P Automation Dynamics (U.S.)
• Tungson Electronics Machinery (U.K.)
• Mirae (South Korea)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.