Smart Part Counting Machine Market Size, Share, and Industry Analysis, By Product Type (Tabletop Machine, Floor-Mounted Machine, and Portable Machine), By Technology Type (Image Recognition, RFID and Barcode Scanning, Weight-Based, and Combination), By End User (Manufacturing, Logistics & Warehousing, Medical & Pharmaceuticals, and Others), and Regional Forecast, 2024-2032

A smart part-counting machine is also called an automated part-counting system. These types of machines are used to accurately count, sort parts, components, and products from several categories. Further, these machines are used for numerous industrial sectors such as manufacturing, pharmaceuticals, logistics, electronics, and telecommunication sectors. Increasing automation in the manufacturing and logistics sector, which has increased the demand for smart part-counting machine, drive the growth of the market. Manufacturers are increasingly focusing on maintaining high-quality standards and machines can play a crucial role in industrial sectors in reducing defects, and waste, which are the factors driving the market growth.

Increasing automation, industrial 4.0 practices, and bringing technological advancements in the smart part counting machine, fuels the growth of market. Moreover, this machine has several benefits such as being versatile, flexible, fully automatic, used for quality control, time-saving, and accurate. Besides, several technologies such as computer vision, RFID, barcode scanning, and machine learning have improved the efficiency and accuracy of smart pack counting machines, which is projected to provide lucrative opportunities for market growth.

However, high initial capital investment and maintenance cost is projected to provide restraints for the market growth. The lack of skilled labor in developing nations is the restraining factor for market.

The COVID-19 pandemic had both positive and negative impacts on the smart part counting machine market. During the pandemic, the impact on the market varied from industry to industry. For instance, the aerospace, and automotive sectors showed a decrease in demand and the healthcare sector registered a significant increase in demand, which drove the market growth. Furthermore, increased automation, growth in the healthcare sector, and rising demand for remote monitoring services are factors which helped drive the market growth during the COVID-19 pandemic. 

Key Insights

The report covers the following key insights:

• Recent Industry Trends and Developments


• Competitive Landscape & Strategic Key Players


• Complete Background Analysis, Including Assessment of the Global Smart Part Counting Machine Market


• Impact of COVID-19 on the Global Smart Part Counting Machine Market

Segmentation

Analysis by Product Type

Based on product type, the market is segmented into tabletop machine, floor-mounted machine, and portable machine.

The tabletop machine segment is anticipated to dominate the market, owing to technological advanced machine, automated machine, and used among industries such as packaging, and manufacturing sectors to drive the market growth.

The floor mounted machine and portable machine segments are anticipated to grow moderately during the forecast period, owing to features such as compact machine, ease of handling, maintenance of accuracy, and faster counting speed. All such factor drives the growth of smart part counting machine market.

Regional Analysis

• The Asia Pacific region is one of the fastest-growing markets for smart part counting machines, with countries such as China, Japan, South Korea, and India leading the way. The growth was attributed to the expansion of manufacturing sectors, increased demand for electronics and automotive components, and a focus on quality control and efficiency improvements. These factors are set to drive the market growth in Asia Pacific.


• The Europe market has a mix of global and regional manufacturers and suppliers of smart counting machines, offering a range of products and solutions tailored to different industry needs. Besides, the region has recorded an increased emphasis on automation to improve productivity, reduce labor costs, and enhance quality control. Regulatory requirements, especially in industries such as pharmaceuticals, push the adoption of smart counting machines to ensure compliance with stringent standards, driving the market growth.


• The North America market is projected to grow, owing to government initiatives promoting the adoption of automation and advanced manufacturing technologies, as well as sustainability initiatives. The need for efficient inventory management in logistics and warehousing, particularly in the context of e-commerce, further fueled the demand for these machines. The rising demand from automotive, pharmaceuticals, healthcare, and logistics sector, boost the North America market growth.


• The Middle East and Africa and South America markets are set to grow owing to the growing demand for manufacturing sector, electronics, pharmaceuticals, and need for increased automation, quality control, and enhanced inventory management.

Distribution of the Smart Part Counting Machine Market, By Region:

• North America – 28%


• Europe – 23%


• Asia Pacific – 33%


• Middle East and Africa – 10%


• South America – 6%

Key Players

The report includes the profile of key players such as Keyence Corporation, Sartorius Group, Panasonic Corporation, Yamato Scale Co Ltd, Cognex Corporation, Nikka Densok Limited, Vanderlande Industry B.V., Universal Instruments Corporation, Mettler Toledo International Inc, and Ishida Co. Ltd.

Key Industry Development

May 2022: Data Technologies introduced a new U60B bulk counting solution for the market. The tabletop machine which delivers 100% accuracy while weighing smart parts and bulky materials. It can be used across the packaging, aerospace, electronics, automotive, and medical sectors.