Turnover Machine Market Size, Share, Opportunities, And Trends By Type (Steel Coil Turnover Machine, Mold Turnover Machine, Plat Turnover Machine), By Angle (90 Degree, 180 Degree), By Application (Metallurgy, Stamping, Coils & Barrels, Others), And By Geography - Forecasts From 2023 To 2028

  • Published : Dec 2023
  • Report Code : KSI061616365
  • Pages : 147

The turnover machine market is estimated to expand at a steady rate during the forecast period.

Turnover machines are automated devices that are used in a variety of industries to help with the process of flipping or inverting products. These machines are made up of a rotating platform or turntable that is usually powered by an electric motor. This allows the products to be rotated or turned to a desired position. Turnover machines are widely used in manufacturing, packaging, and bakery operations. They can help improve production lines, increase efficiency, and decrease manual labor. Favorable investments in bakery manufacturing and automated steel production plants are driving the growth of the turnover machine industry.

Market Driver

  • Investment in cable manufacturing plants drives the turnover machine market growth.

Turnover machines are specifically designed for operating cable reels or drums of varying sizes and weights. This makes it easy to transport cables inside the manufacturing facility as well as during transportation to various places. Several key leaders are investing in cable manufacturing plants which is anticipated to increase the demand for turnover machines in the facility. For instance, in May 2023, NKT announced plans to build a new factory in Karlskrona, Sweden, including a third extrusion tower. NKT invested EUR 1 billion in high-voltage capabilities and capacity at the Swedish factory. Additionally, in August 2022, Corning announced to building of a new optical cables production facility to expand its overall production.

  • Favorable investments in bakery product manufacturing units bolster the turnover machine market growth.

Turnover machines play an important role in increasing the production of pastries and bakery products by improving the overall automation in the bakery production process, increasing efficiency, and lowering manual labor costs. This automation simplifies output and caters to the growing consumer demand. Numerous investments are taking place in the bakery sector to enhance the production output which is projected to increase the adoption of turnover machines. For instance, in March 2023, Mondelez International announced to invest €30 million in Herentals bakery factory. The €30 million investment allows for the deployment of new technologies and the expansion of the Herentals bakery plant's production capacity.

  • The establishment of an automated steel production plant contributed to the turnover machine market expansion.

Turnover machines are widely used in the metallurgy industry for handling various steel products such as coils, sheets, and molds to improve efficiency, precision, and productivity. Growing emphasis on adopting automation and advanced manufacturing processes coupled with the establishment of new steel production plants is driving up demand for turnover machines. For instance, in July 2023, Tata Steel, India's largest steel producer opened the country's first fully automated construction service center in Odisha. This center is equipped with cutting-edge automatic manufacturing facilities and consists of a capacity of 3000 TPM to manufacture personalized cut and bend rebars, coupler threading, and welded wire mesh.

Asia Pacific is expected to witness significant growth in  the market.

Asia Pacific is projected to account for a considerable portion of the turnover machine market due to favorable investments in manufacturing units. For instance, as per the July 2023 PIB release, the government of India under the Production-Linked Incentive Scheme for Specialty Steel allocated $6,322 million in investment to support specialty steel manufacturing. The annual growth rate of the manufacturing sector increased by 11.8% in the year 2021-2022. Additionally, in December 2022, a Memorandum of Cooperation (MoC) in the field of the steel industry was signed by the Governments of India and Japan to expand the steel manufacturing industry.

Market Restraints

  • High costs will restrain the growth of the turnover machine market.

The overall installation and maintenance of turnover machines can be high. Smaller food businesses and manufacturing units may be hindered from implementing these automated solutions due to the initial investment in machinery and equipment. This could limit the use of turnover machines, particularly in bakery product manufacturing thereby restraining the overall growth of the turnover machine industry.

Company Products

  • Hydraulic Plate Turnover Machine- Kenda Mechanical Technology's hydraulic Plate Turnover Machine can be used in conjunction with an automatic plate tailor welding machine as an entire set to overturn the tailored steel plate. It features a high functionality and is controlled by a hydraulic pressure of 31.5MPa. The machine's two sides grip the workpiece tightly before overturning it 180°. It comes with a reversing rack, an overturning saddle, a mechanical pressure system, a fluid cylinder, a chain conveyor, a feed-blocking device, and a power control system.
  • Model MT-20 Piemaster- Model MT-20 Piemaster is a USDA-approved turnover machine provided by Piemaster. It consists of a capacity of 3-5 turnovers per minute after initial practice, ensuring efficient and high-volume production. With stronger, stainless steel, flex-resistant shafts, it effectively handles the toughest doughs, such as pastry, yeast, noodles, and modified corn. It is also suitable for numerous cooking methods such as baking, frying, boiling, or freezing.
  • SPM-45 Turnover Machine- The Somerset SPM-45 turnover machine is designed and engineered to significantly simplify and reduce labor-intensive pastry production. Finishing products with a consistent appearance and size Increased output to 500 pieces per hour. It can produce a wide variety of products by simply changing dies and all finished products come with an ideal coating with no requirement for brushing the edges.
  • Horizontal plate turnover machines - Fortran is a leading manufacturer of horizontal plate turnover machines. Horizontal plate turnover machines apply to automatic engraving systems and automatic drilling machines. It comes with model FQ-HFBJ24 and has an external dimension of L3500*W1415*H1300mm. It performs with 4-5 times/min of speed and a total power of 3KW.

Segmentation

  • By Type
    • Steel Coil Turnover Machine
    • Mold Turnover Machine
    • Plat Turnover Machine
  • By Angle
    • 90 Degree
    • 180 Degree
  • By Application
    • Metallurgy
    • Stamping
    • Coils & Barrels
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • UK
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Indonesia
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Market Opportunities

4.4. Porter’s Five Force Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.4.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis

4.6. Forward Proxy

5. TURNOVER MACHINE MARKET BY TYPE

5.1. Introduction

5.2. Steel Coil Turnover Machine

5.3. Mold Turnover Machine

5.4. Plat Turnover Machine

6. TURNOVER MACHINE MARKET BY ANGLE

6.1. Introduction

6.2. 90 Degree

6.3. 180 Degree

7. TURNOVER MACHINE MARKET BY APPLICATION

7.1. Introduction

7.2. Metallurgy

7.3. Stamping

7.4. Coils & Barrels

7.5. Others

8. TURNOVER MACHINE MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1.  Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. UK

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. South Korea

8.6.4. India

8.6.5. Indonesia

8.6.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

10. COMPANY PROFILES

10.1. Kenda Mechanical Technological Co. ltd

10.2. Wuxi Bangzhou Machinery Manufacturing Co., Ltd

10.3. Aaburco Inc.

10.4. Somerset Industries Inc.

10.5. Linyi Senyuan Wood Machinery Co., Ltd.

10.6. Guangdong Fortran Machinery Co.,ltd.


Kenda Mechanical Technological Co. ltd

Wuxi Bangzhou Machinery Manufacturing Co., Ltd

Aaburco Inc.

Somerset Industries Inc.

Linyi Senyuan Wood Machinery Co., Ltd.

Guangdong Fortran Machinery Co.,ltd.