Market Overview:
The global jig machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for automation in manufacturing and warehousing applications, and rising labor costs across various regions. The global jig machine market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into manual and electric jig machines. The manual segment dominates the global jig machine market owing to its low cost as compared to electric machines. However, with technological advancements in electric machines, this segment is expected to witness high growth during the forecast period from 2018 to 2030.
Product Definition:
A Jig Machine is a type of machine tool that uses a reciprocating or rotating motion to cut or shape parts. It is important because it can produce very accurate parts with little waste.
Manual:
The global manual, it's usage and growth factor in jig machine market size was valued at USD 2.5 billion in 2015. The growing demand for the product due to its advantages such as low cost over other equipment is expected to drive the industry over the forecast period.
Electric:
Electric and it's usage in jig machine market is used for producing metal parts, which are used in various industries such as automotive, aerospace & defense and construction. The electric and it’s usage in the jig machine market has witnessed significant growth over the past few years owing to rapid industrialization across the globe.
Application Insights:
The manufacturing plant application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. The global demand for jig machines has witnessed a paradigm shift due to their use in automation of production processes in various industries such as automotive, consumer goods, and electronics.
The warehousing segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in e-commerce transactions which require storage & preservation of products during transportation & handling. Moreover, growing distribution channels such as online retail stores and direct sales are further anticipated to boost product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising industrial output. China, India, Japan, South Korea are some of the prominent countries that have been experiencing strong economic growth in recent years.
The manufacturing sector in Asia Pacific is anticipated to witness considerable growth owing to increasing demand from end-use industries such as electrical & electronics and automotive among others. Robust infrastructure development along with favorable government initiatives for promoting investments at both domestic level as well as international levels are likely to boost industry expansion over the coming years.
Europe accounted for a significant share of revenue generated by global jig machine market due to presence of robust manufacturers coupled with growing demand from end-use industries such as automotive.
Growth Factors:
- Increasing demand for jigs and fixtures in the automotive and aerospace industries
- Growing popularity of modular manufacturing systems
- Rising demand for customized jigs and fixtures
- Proliferation of 3D printing technology
- Increasing adoption of robotics in manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Jig Machine Market Research Report
By Type
Manual, Electric
By Application
Retail Store, Warehousing, Manufacturing Plant, Others
By Companies
Toyota Industries, Hyster Company, Jungheinrich, STILL, Crown, Noblelift, Ningbo Ruyi, NIULI MACHINER, PR Industrial, Uline, Toyota Industries, Godrej Material Handling, RICO Manufacturing, Noveltek, GTEK
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Jig Machine Market Report Segments:
The global Jig Machine market is segmented on the basis of:
Types
Manual, Electric
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail Store, Warehousing, Manufacturing Plant, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toyota Industries
- Hyster Company
- Jungheinrich
- STILL
- Crown
- Noblelift
- Ningbo Ruyi
- NIULI MACHINER
- PR Industrial
- Uline
- Toyota Industries
- Godrej Material Handling
- RICO Manufacturing
- Noveltek
- GTEK
Highlights of The Jig Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manual
- Electric
- By Application:
- Retail Store
- Warehousing
- Manufacturing Plant
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Jig Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A jig machine is a machine that helps in the production of various types of objects, such as parts for automobiles and other machinery.
Some of the key players operating in the jig machine market are Toyota Industries, Hyster Company, Jungheinrich, STILL, Crown, Noblelift, Ningbo Ruyi, NIULI MACHINER, PR Industrial, Uline, Toyota Industries, Godrej Material Handling, RICO Manufacturing, Noveltek, GTEK.
The jig machine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Jig Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Jig Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Jig Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Jig Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Jig Machine Market Size & Forecast, 2018-2028
4.5.1 Jig Machine Market Size and Y-o-Y Growth
4.5.2 Jig Machine Market Absolute $ Opportunity
Chapter 5 Global Jig Machine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Jig Machine Market Size Forecast by Type
5.2.1 Manual
5.2.2 Electric
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Jig Machine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Jig Machine Market Size Forecast by Applications
6.2.1 Retail Store
6.2.2 Warehousing
6.2.3 Manufacturing Plant
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Jig Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Jig Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Jig Machine Analysis and Forecast
9.1 Introduction
9.2 North America Jig Machine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Jig Machine Market Size Forecast by Type
9.6.1 Manual
9.6.2 Electric
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Jig Machine Market Size Forecast by Applications
9.10.1 Retail Store
9.10.2 Warehousing
9.10.3 Manufacturing Plant
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Jig Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Jig Machine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Jig Machine Market Size Forecast by Type
10.6.1 Manual
10.6.2 Electric
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Jig Machine Market Size Forecast by Applications
10.10.1 Retail Store
10.10.2 Warehousing
10.10.3 Manufacturing Plant
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Jig Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Jig Machine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Jig Machine Market Size Forecast by Type
11.6.1 Manual
11.6.2 Electric
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Jig Machine Market Size Forecast by Applications
11.10.1 Retail Store
11.10.2 Warehousing
11.10.3 Manufacturing Plant
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Jig Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Jig Machine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Jig Machine Market Size Forecast by Type
12.6.1 Manual
12.6.2 Electric
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Jig Machine Market Size Forecast by Applications
12.10.1 Retail Store
12.10.2 Warehousing
12.10.3 Manufacturing Plant
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Jig Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Jig Machine Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Jig Machine Market Size Forecast by Type
13.6.1 Manual
13.6.2 Electric
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Jig Machine Market Size Forecast by Applications
13.10.1 Retail Store
13.10.2 Warehousing
13.10.3 Manufacturing Plant
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Jig Machine Market: Competitive Dashboard
14.2 Global Jig Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toyota Industries
14.3.2 Hyster Company
14.3.3 Jungheinrich
14.3.4 STILL
14.3.5 Crown
14.3.6 Noblelift
14.3.7 Ningbo Ruyi
14.3.8 NIULI MACHINER
14.3.9 PR Industrial
14.3.10 Uline
14.3.11 Toyota Industries
14.3.12 Godrej Material Handling
14.3.13 RICO Manufacturing
14.3.14 Noveltek
14.3.15 GTEK
