Global Digital Servo Press Market, By Type (Less than 100KN, 100KN - 200KN, More than 200KN), By Mot

Published Date: | Report Code : EQ1958624

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The Digital Servo Press Market growth is expected to gain high momentum during the forecast period due to high initial cost and requirement of skilled professionals for the manufacturing process.

Digital servo press is an equipment that is used for the sheet metal forming operations because of their characteristics such as flexibility, controllability, and simplicity. Minimum energy consumption and maximum tool life. It also helps with reductions in manufacturing costs. The press's drive and mechanism vary, from model to model. It consists of mechanism such as rack-and-pinion, planetary roller screw (for higher forces), and ballscrew. Generally, the digital servo press is driven through a gearbox by servo motor.

Segment Analysis:

The global digital servo press market is segmented on the basis of type, motor type, and application. By type, this market is split into less than 100KN, 100KN – 200KN, and more than 200KN. More than 200KN servo presses segment is expected to high demand due to they have widely used in the automotive industry for the forming of various components such as chassis and body in white (BIW), along with this, The growing demand for lightweight cars supports the demand for digital servo presses of more than 200KN. On the basis of motor type, The global digital servo press market is segmented into the positional rotation, continuous rotation, and linear. Linear type digital servo press segment is anticipated to rapidly grow in this market because of the wide use of many industries. By application automotive segment is expected to rapid growth in this market. The global digital servo press market is expected rapid growth in the Asia Pacific region due to the increase in the automotive production activities coupled with enforcement of stringent emission norms.

Key Factors Impacting Market Growth:

  • The automotive sector is quickly increasing and digital servo presses are increasing in the aerospace industry

  • High initial cost and requirement of skilled professionals for the manufacturing process

Regional Outlook:

Major regions for digital servo press market are estimated to North America, Western Europe, and Asia Pacific. North America and Western Europe have been traditional markets for digital servo press owing to strong presence of industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be high initial cost and requirement of skilled professionals for the manufacturing process. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing transition in terms of product development and production methods. These factors are expected to drive the demand for digital servo press market in the North America and Western Europe region. Major markets by country in these regions include US, Germany, France, UK, Canada, Spain, and others.

Asia Pacific and Middle East region has witnessed tremendous growth of the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these industries, high initial cost and requirement of skilled professionals for the manufacturing process are estimated to register high demand for digital servo press market during the forecast period. On the other hand, Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of digital servo press market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for digital servo press market during the forecast period. Rest of the World including South America and Africa are estimated to be a developing market with strong potential in strategic future.

Companies Covered: C&M Robotics Co, Ltd., Sanyo Machine Works Ltd., Dai-ichiDentsu Ltd., Promess Incorporated, Coretec, Inc., Amada Machine Tools Co., FEC Inc., Komatsu America Industries LLC, Ltd., Hoden Seimitsu KakoKenkyusho Co., Ltd., and Janome Industrial Equipment

Market Segmentation:

By Type:

  • Less than 100KN

  • 100KN – 200KN

  • More than 200KN

By Motor Type:

  • Positional Rotation

  • Continuous Rotation

  • Linear

By Application:

  • Automotive

  • Motor and Electronic Industry

  • Aerospace

  • Other

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Motor Type

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Type

    • By Motor Type

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Motor Type

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Type

    • By Motor Type

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Type

    • By Motor Type

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

    • By Motor Type

    • By Application

Reasons To Buy This Report:

  • Market size estimation of the global digital servo press market on a regional and global basis

  • Unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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