The Mechanical Presses market will register a 3.1% CAGR in terms of revenue, the global market size will reach US$ 9541.1 million by 2027.
A mechanical press is a device designed to apply very high force to form, shape, or cut materials, to compress solids, or to extract liquids. Mechanical presses range in size from very small units that are operated by hand, to large powered industrial units used in manufacturing and assembly line applications. In the printing industry, there is a growing demand for mechanical presses. This is due to a number of factors, including the increasing popularity of print media and the need for faster production times. As a result, many manufacturers are investing in new technologies that can improve the speed and quality of their presses. In addition, there is a growing trend towards customization, as businesses look to create unique products that stand out from the competition. As a result, mechanical presses are expected to continue to grow in popularity in the coming years. The rising demand from the automotive industry is one of the major factors driving the growth of the market. Automotive OEMs are increasingly opting for lightweight materials to reduce the overall weight of vehicles and improve fuel efficiency. This, in turn, is resulting in increased demand for mechanical presses for automotive applications such as stamping and forming. Moreover, the growing demand for electric vehicles is projected to create new opportunities for players operating in the market over the next few years.
The report also assesses the key opportunities in the Mechanical Presses market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Mechanical Presses Market has also been forecasted for the period 2021-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
August 15, 2021: AIDA-America to Introduce the Latest in Metal Stamping Press Technology--
AIDA-America (Dayton, OH), a metal stamping press manufacturer, will demonstrate new and advanced industry-leading press technology with multiple presses and control systems. AIDA’s new high-volume, unitized frame NSX press will be on display, along with two Allen-Bradley controlled DSF Series direct-drive servo presses, all powered up at this year’s show.
03.07.22: AMADA Press System partners with Benchmaster--
AMADA Press System America Inc. announced it has made a dealer representative agreement with Benchmaster Inc., located in Riverside, Calif. Benchmaster has manufactured mechanical presses since 1937. The addition of AMADA’s line of gap, straightside and servo presses will allow Benchmaster to offer a broader catalogue of solutions for any application or project. Benchmaster will offer in-plant or on-field services for all products, including repairs, overhauls, factory component replacement and safety guarding for standard and custom press machines.
Mechanical Presses Market is segmented based on the type, applications, companies and regions.
By Type, Mechanical Presses Market has been segmented into
By Application, Mechanical Presses Market has been segmented into
The report offers in-depth assessment of the growth and other aspects of the Mechanical Presses Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Mechanical Presses Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Mechanical Presses Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 3.1% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Schuler, Komatsu, JIER, Yangli, Isgec Heavy Engineering, QIQIHAR NO.2, Jsc, Tjazhmekhpress, Aida, World, SEYI, SMS, Yadon, Rongcheng, Amada, Xuduan, Hitachi Zosen, Fagor Arrasate, Chin Fong |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 118 |
Customization Available | Yes, the report can be customized as per your needs |
What is the growth rate of Mechanical Presses Market?
The Mechanical Presses Market is growing at a CAGR of 3.1% over the next 5 years.
Who are the key players in Mechanical Presses Market?
Schuler, Komatsu, JIER, Yangli, Isgec Heavy Engineering, QIQIHAR NO.2, Jsc, Tjazhmekhpress, Aida, World, SEYI, SMS, Yadon, Rongcheng, Amada, Xuduan, Hitachi Zosen, Fagor Arrasate, Chin Fong
What are the significant types of Mechanical Presses Market?
Less than 2500KN, 2500KN-10000KN, More than 10000KN
What are the major end-use applications of Mechanical Presses Market?
Automotive industry, Ship Building industry, Aerospace industry, General Machine industry, Home appliances, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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