The global hydraulic press machines market size is expected to reach $21,089.2 million by 2025 from $14,293.3 million in 2017, growing at a CAGR of 4.7% from 2018 to 2025. Hydraulic press machine generates compressive force by utilizing liquid pressure, and used for press work application such as blanking, punching, coining, trimming, and others. Companies such as Schuler Group, Betenbender Manufacturing, Inc., and DORST Technologies are some of the leading players in the global hydraulic press machines market.
Increase in demand for high force pressing applications in various industries, growth in adoption of technologically advanced automated systems in manufacturing industry and rise in demand for fabricated metal in automotive industry are expected to drive the market growth. However, increase in use of 3D printing equipment as an alternative of hydraulic press machines and uncertainty in Chinese economy are expected to hinder the growth of the hydraulic press machines market.
The global hydraulic press machines market is segmented on the basis of type, application, industry vertical, and region. Based on type, the market is divided into c-frame hydraulic press, h-frame hydraulic press, bench frame hydraulic press, 4-column hydraulic press, and others. By application, it is categorized into forging, molding, punching, stamping, laminating, and others. The industry vertical segment includes aerospace, manufacturing, automotive, metals, ceramic, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the market include Greenerd Press & Machine Co., Beckwood Press, Schuler Group, Betenbender Manufacturing, Inc., DORST Technologies GmbH & Co. KG, Enerpac (Actuant Corporation), Fujian Haiyuan Automatic Equipments, Japan Automatic Machine Co., Ltd., P.J.Hare Limited, and French Oil Mill Machinery.
KEY MARKET SEGMENTS
BY TYPE
- C-Frame Hydraulic Press
- H-Frame Hydraulic Press
- Bench Frame Hydraulic Press
- 4-Column Hydraulic Press
- Others
BY APPLICATION
- Forging
- Molding
- Punching
- Stamping
- Laminating
- Others
BY INDUSTRY VERTICAL
- Aerospace
- Manufacturing
- Automotive
- Metals
- Ceramic
- Others
BY REGION
- North America
o U.S.
o Canada
o Mexico
- Europe
o UK
o Germany
o Russia
o Italy
o Rest of Europe
- Asia-Pacific
o China
o India
o Japan
o Korea
o Rest of Asia-Pacific
- LAMEA
o Latin America
o Middle East
o Africa
KEY PLAYERS
- Greenerd Press & Machine Co.
- Beckwood Press
- Schuler Group
- Betenbender Manufacturing, Inc.
- DORST Technologies GmbH & Co. KG
- Enerpac (Actuant Corporation)
- Fujian Haiyuan Automatic Equipments
- Japan Automatic Machine Co., Ltd.
- P.J.Hare Limited
- French Oil Mill Machinery
Table of Contents
Executive Summary
According to this report titled 'Hydraulic Press Machines Market by Type, Application, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018 - 2025', the hydraulic press machines market size was valued at $14,293.3 million in 2017, and is projected to reach at $21,089.2 million by 2025, growing at a CAGR of 4.7% from 2018 to 2025. Asia-Pacific is expected to be the leading contributor to the global hydraulic press machines market share, followed by Europe and North America.Hydraulic Press machine generates compressive force by utilizing liquid pressure, and is used for press work application such as blanking, punching, coining, trimming, and others. In hydraulic press, the pressure is generated throughout an enclosed cylinder, in which hydraulic pressure is converted into kinetic energy of piston, which in turn produces shear stress between die and punch, which cuts or presses the metal. These machines are used for the for transforming metallic objects into sheets and making powders for pharmaceutical & medical industries.
Increase in demand for high force pressing applications in various industries such as automotive and aerospace, growth in adoption of technologically advanced automated systems in manufacturing industry, and rise in demand for fabricated metal in automotive industry, are expected to drive the market growth. However, increase in use of 3D printing equipment as an alternative of hydraulic press machines and uncertainty in Chinese economy are expected to hinder the demand for hydraulic press machines. Conversely, high energy efficiency using VFDs in hydraulic press machines and increase in adoption of hydraulic press machines in plastic & rubber processing industries are expected to provide numerous opportunities for the hydraulic press machines market growth.
The c-frame hydraulic press machines segment accounted for the maximum revenue share in 2017 and is expected to generate maximum revenue during the forecast period in the global hydraulic press machines industry, as they provide higher productivity and superior speed. Moreover, these machines reduce production cost & operational time and provides improved rigidity & strength of machine as compared to traditional equipments. Furthermore, increase in demand for metal forming in aerospace & automotive industry majorly boosts the requirements of hydraulic press machines for forming & stamping applications.
The forging application segment is expected to witness fastest growth rate during the forecast period. Based on the industry verticals, Automotive industry segment is expected to witness highest CAGR of 5.7% during the forecast period.
Asia-Pacific accounted for a major share of the global hydraulic press machines market in 2017 and it is expected to dominate the market in terms of revenue during the forecast period, owing wide presence of automotive & manufacturing companies in China and Japan. The Europe region holds second largest share in global hydraulic press machines market.
Key Findings of the Hydraulic Press Machines Market:
In 2017, the c-frame hydraulic press machine segment accounted for the maximum revenue and is projected to grow at a notable CAGR of 4.7 % during the forecast period.
The forging segment accounted for more than 20.0 % of the market share in 2017.
Automotive industry contributed major share of 36.0% in global market during 2017.
China was the major shareholder in the Asia-Pacific hydraulic press machines market, accounting for more than 50.0% share in 2017.
The key players profiled in the report include Greenerd Press & Machine Co., Beckwood Press, Schuler Group, Betenbender Manufacturing, Inc., DORST Technologies GmbH & Co. KG, Enerpac (Actuant Corporation), Fujian Haiyuan Automatic Equipments, Japan Automatic Machine Co., Ltd., P.J.Hare Limited, and French Oil Mill Machinery. Market players have adopted various strategies such as product launch, collaboration & partnership, joint venture, and acquisition to expand their foothold in the hydraulic press machines market.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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