Bar Loaders Market Size, Share, Growth, and Industry Analysis, By Type (6’ Bar Loader, 8’ Bar Loader, 10’ Bar Loader, 12’ Bar Loader and Others), By Application (Fixed Headstock Lathe, Sliding Headstock Lathe and Others), Regional Forecast To 2031

Updated On: 22 April 2024

Bar Loaders Market Report Overview

• 

• Request a Free Sample to learn more about this report

The global bar loaders market size was USD 702.7 million in 2022 & the market is projected to touch USD 933 million by 2031, exhibiting a CAGR of 3.2% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing 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 once the pandemic is over.

A bar loader transports material bars of various shapes and sizes to a lathe or CNC lathe automatically. Single-spindle and Sliding Head Lathes differ from one another in terms of construction. Since a few years ago, the market for bar loaders has been expanding quickly. According to recent statistics, it is anticipated that in the years to come, demand would remain consistent worldwide.

COVID-19 Impact: The Pandemic Caused Underlying Malady Downsized the Market Share

Every firm, whether it be in the automobile, hospitality, aviation, retail, or any other industry, has undergone a vast number of unexpected and major changes as a result of the COVID-19 outbreak, as we can all witness. Unemployment rates increase as an economy loses stability. Additionally, the significant unemployment rate that is currently existent worldwide is due to COVID-19. Setbacks and a mandatory lockdown that forbade residents from staying at home will negatively influence the market growth. As things stand, the pandemic is having a detrimental influence on the bar loaders market share.

LATEST TRENDS

"The Automatic Loaders System and Robotics Integration to Bolster the Market Sales"

Automating your turning operations is essential due to the shortage of skilled labour. Automation integration has been shown to be a useful tool for machine shops. Productivity's automation and integration services may assist you with automating, whether it be with robotics integration, automatic parts loaders (APLs), or bar loader systems. In the area of feeding multi-spindle lathes, these loaders represent the most recent innovation. Modern technical advancements guarantee the complete safety and automation of the loaders. It is feasible to utilise the manufacturing space more effectively while preserving the many performances offered thanks to their extraordinary operational simplicity and extremely tiny dimensions.

Bar Loaders Market Segmentation

• 

• Request a Free Sample to learn more about this report

• By Type

Based on type the bar loaders market is classified as 6’ bar loader, 8’ bar loader, 10’ bar loader, 12’ bar loader and others.

The type 6’ bar loader is the leading part of the type segment.

• By Application

Based on application the bar loaders market is classified as fixed headstock lathe, sliding headstock lathe and others.

The part fixed headstock lathe is the leading type of the application segment.

DRIVING FACTORS

"The Increasing Investment and Increased Shipment to Evolve the Market Share"

Recent studies indicate that shipments of bar loaders climbed by 5% in 2018 compared to 2017 and are anticipated to expand by an additional 6-8% in 2019. Increased shipments are a sign that manufacturers are putting more money into bar loader technology and production facilities as they prepare for rising consumer demand in the upcoming years. Additionally, a number of new competitors have entered the market, increasing competition between manufacturers and lowering customer prices. The general upward trend in sales also implies that more consumers are becoming aware of the possible advantages of employing bar loaders, such as increased effectiveness, cost savings, and quicker work speeds.

"A Wide Array of Benefits Offered by the Loaders to Inflate the Market Share"

The bar loaders reduce operator intervention by allowing the operator to perform other tasks such as inspection, operating another machine or setting up the next work. It increases the safety of machine operators. Precision bar loading and support allow the lathe to run at maximum spindle speeds. The lowers material waste and allows for unattended or light-out manufacturing. With fewer or faster changeovers, operations are more reliable and consistent.

RESTRAINING FACTORS

"Certain Limitations of the Product to Act as Barrier for the New Entrants and Market Players"

There are certain limits to bar loaders. The most obvious disadvantage is that they can only retain a small amount of material, making them unsuitable for longer part runs. They also require the bar to be cut to spindle length, which increases prep time and costs. Furthermore, they generate more remnants, which can be expensive, especially when turning premium bar stock like Inconel or titanium. 

Bar Loaders Market Regional Insights

• 

• Request a Free Sample to learn more about this report

"North American region to Lead with Diversified Marketplace and Prominent Market Players"

North American has the largest bar loaders market share in terms of both value and volume. North American demand is expected to rise due to rising vehicle manufacturing volumes and higher R&D spending (R&D). In terms of the size of the automobile sector, it is the fastest-growing region. Rising population and economic growth rates, which are contributing to a rise in car ownership, as well as increasing availability to technology that supports the automotive industry's modernization programmes, are expected to drive demand in this region. This region is home to a big number of automobile production plants and assembly lines, as well as a number of markets ready for sales volume growth due to its strategic importance to new vehicle manufacturers. These factors are also propelling the region's bar loaders market growth.

KEY INDUSTRY PLAYERS

"Prominent Manufacturers to Contribute Towards Expansion of Market"

The report is an extensive research which presents the historic and futuristic performance of industry with competitive landscape analysis which incorporates prominent key players ,and revenue trends of industry. The international, regional, and local players in the bar loaders market are well-diversified and the market is moderately competitive. The report provides substantial analysis of company profiling, growth insights, supply-demand chain, production and consumption demand, business expansion strategies adopted by top key players. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and other factors.

List of Market Players Profiled

• LNS (Canada)
• Bucci Industries (Italy)
• Top Automazioni (Italy)
• Alps Tool (Thailand)
• PRO Machinery (India)
• Haas Automation (U.S.A)
• INDEX Corporation (U.S.A)
• Tornos SA (Switzerland)
• Ikura Seiki (Japan)
• Barload Machine Co (China)
• FMB Maschinenbau (Spain)
• CNC Technology (Japan)
• Cucchi BLT srl (Italy)
• Cucchi Giovanni (Italy)
• Edge Technologies (U.S.A)
• Hydrafeed (U.K)
• Breuning IRCO (Germany)
• Marubeni Citizen-Cincom (Japan)
• Samsys (India)
• Goodway Machine Corp (China).

REPORT COVERAGE

The report anticipates a detailed analysis of the global market size at the regional and national level, the segmentation market growth and market share. The prime objective of the report is to help user understand the market in terms of definition, market potential, influencing trends, and the challenges faced by the market. Analysis of sales, the impact of the market players, recent developments, opportunity analysis, strategic market growth analysis, territorial market expansion, and technological innovations are the subject matter explained in the report.