Global Servo Press Market to Reach $1 Billion by 2030
The global market for Servo Press estimated at US$703.3 Million in the year 2022, is projected to reach a revised size of US$1 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030. Screw, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$642.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Crank segment is readjusted to a revised 4% CAGR for the next 8-year period.The U.S. Market is Estimated at $190 Million, While China is Forecast to Grow at 7.8% CAGR
The Servo Press market in the U.S. is estimated at US$190 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$222.5 Million by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.Select Competitors (Total 44 Featured) -
- AIDA Engineering Ltd.
- Amino Corporation
- Chin Fong Machine Industrial Co., Ltd.
- Hitachi Ltd.
- Hitachi Zosen Fukui Corporation
- Hoden Seimitsu Kako Kenkyusho Co., Ltd.
- ISGEC Heavy Engineering Ltd.
- Japan Automatic Machine Co., Ltd.
- Komatsu Ltd.
- Lakindustria S.R.L.
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AIDA Engineering Ltd.
- Amino Corporation
- Chin Fong Machine Industrial Co., Ltd.
- Hitachi Ltd.
- Hitachi Zosen Fukui Corporation
- Hoden Seimitsu Kako Kenkyusho Co., Ltd.
- ISGEC Heavy Engineering Ltd.
- Japan Automatic Machine Co., Ltd.
- Komatsu Ltd.
- Lakindustria S.R.L.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 243 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 703.3 Million |
Forecasted Market Value ( USD | $ 1000 Million |
Compound Annual Growth Rate | 4.5% |
Regions Covered | Global |