Global Mechanical Presses Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Mechanical Presses Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Mechanical Presses market finds that the global Mechanical Presses market reached a value of USD 8646.75 million in 2022. It’s expected that the market will achieve USD 11899.17 million by 2028, exhibiting a CAGR of 5.47% during the forecast period.

Limitations

Due to the development of technology, the average price of products has declined in the past few years, and the average price will keep this trend in the next few years due to the continuous improvement of mature manufacturing technology and the reduction of raw material cost. The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The cost of raw materials has a significant impact on the level of expenditure. If raw material prices and related factors (such as energy prices) rise, and if new companies cannot pass these increases on to customers, their operating results and financial situation will be affected.

Opportunities

Green energy-saving, energy-saving and emission reduction is a common topic all over the world, so energy-saving of mechanical press is of great significance. Forging forming needs to overcome the huge deformation resistance. The traditional ordinary press has huge volume and high energy consumption. The electro-servo driving press brings new hope for energy saving of forging machinery. The electro-servo driving press removes flywheels, clutches and brakes. Its structure is greatly simplified. Not only can the motion characteristics of the slider be adjusted arbitrarily, but also the energy saving effect is obvious. Precision forging technology can improve product accuracy, reduce raw material consumption, improve die life, reduce processing waste, reduce energy consumption and reduce costs.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Schuler, JIER and Aida with the revenue market share of 11.59%, 7.14% and 5.63% in 2018.

Schuler offers state-of-the-art technology in all areas of molding, from networked presses to printers. In addition to presses, Schuler products include automation and software solutions, molds, process know-how and services throughout the metalworking industry. Schuler customers include automotive manufacturers and suppliers, as well as companies in the forging, household appliances, and electronics industries.

Established in 1937, JIER Machine-Tool Group is a global leader in the manufacturing of heavy duty MetalForming and Metal Cutting Machinery. Headquartered in Jinan, China, JIER employs more than 5,000 Team Members at the 1.2 million square meter campus, which supports manufacturing facilities and our extensive engineering, R & D, and service capabilities. JIER can provide the best solution of metal forming and metal cutting machinery. Welcome to JIER, where gaining your trust is our first responsibility.

Segmentation Overview:

Among different product types, 500-1000 Tons segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Automobile Industry segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Mechanical Presses market covered in Chapter 3:

Aida
SEYI
JscTjazhmekhpress"
Simpac
Amada
Rongcheng
QIQIHAR NO.2
Hitachi Zosen
Xuduan
Narendra Press Tech Private Limited
JIER
HWAIL PRESS
World Group
Yadon
Chin Fong
Yangli Group
SMS Group
ISGEC
Shailesh Machine Tools
Komatsu
Schuler
IDS

In Chapter 4 and Chapter 14.2, on the basis of types, the Mechanical Presses market from 2018 to 2029 is primarily split into:
0-500 Tons
500-1000 Tons
> 1000 Tons

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Mechanical Presses market from 2018 to 2029 covers:

Automobile Industry
Ship Building Industry
Aerospace Industry
Petrochemical Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)