Rotary Transfer Machines Market Size, Share, Growth, Trends, and Forecast 2030

Rotary Transfer Machines Industry Prospective:

The global rotary transfer machines market size was worth around USD 5.42 billion in 2022 and is predicted to grow to around USD 8.21 billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.32% between 2023 and 2030.

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Rotary Transfer Machines Market: Overview

Rotary transfer machines are heavy and complex equipment used for completing metal working processes through machining techniques. They consist of an indexing head that in turn is surrounded by play spindles and a modular plug. The circularly placed play spindles are used for a variety of applications including drilling, milling, chamfering, and tapping of metals. The main purpose of investing in rotary transfer machines is to produce metal-based parts in large quantities in relatively less time. The machines help the company achieve product quality consistency throughout multiple cycles. Rotary transfer machines are highly complex automated systems and require extensive maintenance to ensure that the machines continue to perform as per expectations.

Some of the leading end-users of rotary transfer machines include the hydraulic fittings segment and the automotive industry. The most frequently used machines for rotary transfer consist of around 12 to 16 operating stations that perform independently. They are interchangeable thus allowing the production of customized solutions. The rotary transfer machines have managed to change the global manufacturing sector due to the unique traits and features of acting as a turnkey solution provider for companies requiring functional parts in large quantities.

Key Insights:

• As per the analysis shared by our research analyst, the global rotary transfer machines market is estimated to grow annually at a CAGR of around 5.32% over the forecast period (2023-2030)
• In terms of revenue, the global rotary transfer machines market size was valued at around USD 5.42 billion in 2022 and is projected to reach USD 8.21 billion, by 2030.
• The rotary transfer machines market is projected to grow at a significant rate due to the increasing demand for saving energy in the industrial and manufacturing sector
• Based on application segmentation, the automotive industry was predicted to show maximum market share in the year 2022
• Based on type segmentation, CNC rotary transfer machines were the leading segment in 2022
• On the basis of region, Asia-Pacific was the leading revenue generator in 2022

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Rotary Transfer Machines Market: Growth Drivers

Increasing demand for saving energy in the industrial and manufacturing sectors to drive market growth

The global rotary transfer machines market is expected to grow owing to the increasing demand for saving energy across manufacturing and industrial sectors. There is an urgent demand for achieving energy efficiency in large industrial spaces to steadily reduce the excessive dependence on energy which in turn leads to environmental damage in terms of natural resource exploitation and environmental pollution. Rotary transfer machines are considered highly energy efficient when compared to traditional production of components using several interconnected machines. In the case of the latter setup, each machine is powered using a different energy source.

However, since rotary transfer machines are made of different working parts but connected to the same source, less energy is required to power this equipment. As per research, the energy requirement is reduced by 50% when rotary transfer machines are used. As per the International Energy Agency, in 2022, the industrial sector used almost 36% of global energy as industries are becoming more energy-intensive.

Rising demand for used machines to impact overall market growth rate

There is a growing market for used rotary transfer machines. Companies are increasingly spending on pre-owned and used machines since they offer higher cost efficiency. However, the machines must be bought from reliable sources and they should be in good condition if the buyers intend to use the machine for a longer time. The rotary transfer machines market is filled with several providers of machines that have been used for limited hours in their life cycle.

Rotary Transfer Machines Market: Restraints

High cost of rotary transfer machines to restrict market growth

The industry for rotary transfer machines is likely to be limited in terms of growth due to the high cost of these equipment. The modern machines employ automated machines and are made with extremely complex parts. The initial cost of investment is extremely high. For instance, the average approximate cost of a machine is around USD 50000. This makes product adoption, especially for new entrants or small companies, more difficult.

Second-hand rotary transfer machines are relatively priced at lesser values however, when compared to other machines, the total cost remains high. In addition to this, since the machinery ecosystem is rapidly evolving, there is a risk of older machine versions becoming redundant in the coming years.

Rotary Transfer Machines Market: Opportunities

Rising innovation rate in the industry to create growth opportunities

The global rotary transfer machines market will have access to higher growth opportunities due to the increasing rate of innovation in the industry. Market players are working toward deploying new machines with improved performance rates and higher options for customization as consumer requirements are changing with time. As machines become more complex, they can only be powered using new-age systems thus requiring rotary transfer machines manufacturers to adapt to the needs of the final customers.

In August 2023, Hydromat, a leading producer of machinery parts, announced the launch of an all-new FORCE Computer Numerical Control (CNC) rotary transfer machine. It is equipped with a ball-screw electromechanical system and boosts modularity across 1 through 4-axis configurations. It can perform functions such as threading, tapping, drilling, milling, profiling, single-point threading, and thread milling. Around 6 to 8 vertical machine stations and 12 to 16 horizontal machine stations are fitted in the device for improved performance.

In November 2021, hydraulic line systems manufacturer STAUFF announced the launch of the Riello rotary transfer machine. The system is highly efficient in delivering T and elbow fittings made of steel across versions and sizes. The per production run of the machine is around 5000 units and it runs on 100% automated technologies.

Growth scope in the growing automotive industry appears promising in terms of growth possibilities

The global rotary transfer machines market will be further promoted due to the increasing scope of modern and advanced machines in the growing automotive industry. The thriving electric vehicle (EV) sector and the rising sale of automobiles across private, public, and commercial sectors will fuel market demand for rotary transfer machines. In 2022, the global EV sector was valued at more than USD 370 billion and during the projection period, it is predicted to grow at a CAGR of around 23%.

Rotary Transfer Machines Market: Challenges

Absence of standardized policies to determine product quality may challenge market growth

The global transfer machines industry will be challenged by the lack of standardization policies that govern product quality. These machines are currently available in the commercial world in varying qualities making it difficult for buyers to understand the accurate quality benchmark when selecting a product. In addition to this, rotary transfer machines are gigantic tools and require ample space which can be difficult to obtain if companies do not have sufficient space.

Rotary Transfer Machines Market: Segmentation

The global rotary transfer machines market is segmented based on application, type, and region.

Based on application, the global market segments are the locking market, hydraulics market, casting & pressure casting market, electronics industry, white goods, and automotive industry. In 2022, the highest growth was observed in the automotive sector followed by the hydraulics market. Rotary transfer machines are essential components of a vehicle manufacturing line. The growing demand for passenger vehicles as well as increased investment in public transport infrastructure were the leading causes of segmental growth in 2022. The Indian market, for instance, registered the sale of 3.8 million units in 2022. The hydraulics sector is projected to grow at a steady pace in the coming years.

Based on type, the global market segments are CNC rotary transfer machine and traditional rotary transfer machine. In 2022, the highest growth rate was observed in the CNC rotary transfer machine segment. They are modern versions and require minimal human intervention once the process is set to start. They are completely automated and flexible thus registering higher acceptance among the consumers. The traditional machines are less expensive and may prove beneficial in certain applications that require a large production rate. 83% of Hydromats use at least one Pfiffner rotary transfer machine.

Rotary Transfer Machines Market: Report Scope

Rotary Transfer Machines Market: Regional Analysis

Asia-Pacific to emerge as the highest revenue-generating market

The global rotary transfer machines market will be led by Asia-Pacific during the forecast period. The highest growth rate is expected to be delivered by India and China. These countries are producers of some of the world’s prominent rotary transfer machines facilitated by the availability of skilled labor and a robust manufacturing sector. For instance, a Bangkok-based producer of rotary transfer machines called Rotometal has been delivering products and services for 15 years in the rotary machinery market. The company offers products that are easy to handle and almost 50% less in weight as compared to other products in the market.

Growth in Asia-Pacific is the result of higher access to essential raw materials apart from human resources. For instance, the existence of a thriving steel or aluminum sector as well as large-scale consumer groups aids regional market growth. As per official reports, almost 53.5% of the world’s steel production is under the control of China. Europe is an important market due to the growing demand for advanced and modernized rotary transfer machines. The regional automotive sector drives the regional market growth rate.

Rotary Transfer Machines Market: Competitive Analysis

The global rotary transfer machines market is led by players like:

• Mikron Group
• INDEX-Werke GmbH & Co. KG
• Tornos SA
• Peter Wolters GmbH
• Hydromat Inc.
• Strohm Maschinenbau GmbH
• K.R. Pfiffner AG
• Manurhin K'MX
• Wickman Group
• Gnutti Transfer S.p.A.
• Boley GmbH
• Kummer GmbH
• Euroturn
• REM Sales
• Rambaudi S.p.A.

The global rotary transfer machines market is segmented as follows:

By Application

• Lock Market
• Hydraulics Market
• Casting & Pressure Casting Market
• Electronics Industry
• White Goods
• Automotive Industry

By Type

• CNC Rotary Transfer Machine
• Traditional Rotary Transfer Machine

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa