Rockville, MD , Oct. 22, 2024 (GLOBE NEWSWIRE) -- According to Fact.MR, a market research and competitive intelligence provider, the global Heat Staking Machine Market is estimated at US$ 419.5 million in 2023 and is expected to expand at an impressive CAGR of 9.7% during the forecast years of 2024-2034.
Heat staking is a heat-joining technique for bonding two or more pieces when at least one component is plastic. This process takes in deforming the plastic material through a controlled application of force and heat during certain predetermined periods.
The result of such deformation forms a bond, securely joining these pieces with minimal mechanical stresses. It is especially effective in sensitive and hard-to-process thermoplastics from industries like medical, automotive, telecom, and consumer goods. These industries generally operate best within small windows of temperature, requiring very accurate and precise control.
Heat staking has numerous applications in the medical field, such as attaching adhesive patches onto portable meters and medical dispensers. Due to these factors, the heats taking machine market expected to grow roughly 2.5X during the forecast period, owing to increased adoption due to advancements within the packaging industry and other key sectors.
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Factors Contributing to Market Growth:
The demand for electric vehicle manufacturing and higher automotive componentry requires super-accurate heat stake processes in today's time. This segment reinforced with huge investment in manufacturing technology and infrastructure.
Heat staking plays an important role in putting together plastic parts within the electronics industry, especially regarding smartphones, tablets, and wearables. The continuous advancement and proliferation of consumer electronics are creating strong demand for efficient and reliable heat staking solutions.
With the innovation in heat staking technology, increased automation, precision, and efficiency are furthering the applications that use these machines across many industries. In particular, improved machine design and control systems continue to make the heat staking solution more appealing and versatile.
Key Takeaways from Market Study:
- The global heat staking machine market is projected to grow at 9.7% CAGR and reach US$ 1,161.4 million by 2034
- The market created an opportunity of US$ 701.3 million growing at a CAGR of 9.7% between 2019 to 2024
- East Asia is a prominent region that is estimated to hold a market share of 32.3% in 2034
- Predominating market players include Dukane Corp, Emerson Electric Co, Sonitek Corporation, Plastic Assembly Systems & Bdtronic
- Automatic Heat Staking Machine type are estimated to grow at a CAGR of 11.2% creating an absolute $ opportunity of US$ 411.2 million between 2024 and 2034
“Investing in cutting-edge heat staking technologies, such as automation and precision control, will be key to staying competitive in the market. As industries demand more efficient and reliable solutions, adopting these innovations will boost market position and meet evolving standards,” says a Fact.MR analyst.
Leading Players Driving Innovation in the Heat Staking Machine Market:
Some of the key players operating in the Heat Staking Machine market include Dukane Corp, Emerson Electric Co., Sonitek Corporation, Plastic Assembly Systems, Bdtronic, Ambrell, Ferriot Inc., Telesonic Ultrasonic & Thermal Press International Inc.
Market Development:
The Heat Staking Machine market is witnessing a concerted effort towards developing efficient, versatile, and application-specific designs to cater to the evolving needs of construction industries.
The key players in the market are seen to actively invest in research and development activities, collaborate with industry partners, and also venture into new market opportunities.
- In 2024, Vertex introduced its new model, the Vertex Basic Series heat staking presses. These compact systems provide precision and versatility for small bench-top applications.
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Heat Staking Machine Industry News:
- The Vertex Basic Series heat staking presses were Vertex's new model, which debuted in 2024. These tiny-sized devices offer adaptability and accuracy for modest bench-top applications.
More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the global Heat Staking Machine Market, presenting historical data for 2019 to 2023 and forecast statistics for 2024 to 2034.
The study reveals essential insights on the basis of the Type, (Benchtop & Standalone, By Technology (Automatic Semi –Automatic & Manual) across major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia, and Pacific, Middle East & Africa).
Segmentation of Heat Staking Machine Market Research:
- By Type :
- Bench-Top
- Standalone
- By Technology :
- Automatic
- Semi-Automatic
- Manual
- By Force Range :
- Up to 100 Kg
- 100-300 Kg
- 300-500 Kg
- Above 500 Kg
- By Stroke Length :
- Below 5"
- 5" - 10"
- Above 10"
- By End Use Industry :
- Automotive
- Aerospace & Defence
- Electronics & Electrical
- Healthcare & Medical Devices
- Packaging
- Food & Beverages
- Consumer Products
- Textile
- Others
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