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Hydraulic Press Machines Market Analysis-2025 | By Type, Application, Industry Vertical

01-20-2021 07:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Hydraulic Press Machines Market

Hydraulic Press Machines Market

According to a new report published by Allied Market Research, 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.

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Hydraulic Press machine generates compressive force by utilizing liquid pressure and is used for press work applications 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 transforming metallic objects into sheets and making powders for pharmaceutical & medical industries.

An 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 the manufacturing industry, and rise in demand for fabricated metal in the automotive industry, are expected to drive the market growth. However, an increase in the use of 3D printing equipment as an alternative to hydraulic press machines and uncertainty in the Chinese economy is 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 provide improved rigidity & strength of the machine as compared to traditional equipment. Furthermore, an increase in demand for metal forming in the aerospace & automotive industry majorly boosts the requirements of hydraulic press machines for forming & stamping applications.

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The forging application segment is expected to witness the fastest growth rate during the forecast period. Based on the industry verticals, the Automotive industry segment is expected to witness the 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 to wide presence of automotive & manufacturing companies in China and Japan. The Europe region holds the second largest share in the global hydraulic press machines market.

Hydraulic Press Machines 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
Europe
Asia-Pacific
LAMEA

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

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Contact:
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About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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