Hydraulic Press Machines Market Expected to Reach $21,089.2 Million by 2025 | Top Buisness Opportunity

Asia-Pacific is expected to be the leading contributor to the global hydraulic press machines market share, followed by Europe and North America. 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.

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.

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C-frame segment dominates the market

The C-frame segment held the largest share in 2017, contributing nearly two-fifths of the total market, as these machines provide higher productivity with superior speed. However, the H-frame segment is expected to manifest the fastest CAGR of 7.3% during the forecast period, owing to its benefits such as reduction in production cost, operational time, and improved rigidity and strength. The report includes analysis of other segments such as bench frame, 4-post hydraulic press, and others.

Forging segment to manifest fastest growth by 2025

The forging segment is expected to register the fastest CAGR of 6.3% during the study period, owing to increase in demand for fabricated metals in automotive & aerospace industries. However, the molding segment dominated the market in terms of revenue in 2017, contributing about one-fourth of the market share. The report includes an analysis of other segments such as punching, stamping, laminating, and others.

Asia-Pacific region held the largest share

The market in the Asia-Pacific region held the largest share in 2017, contributing more than two-fifths of the market, owing to wide presence of automotive & manufacturing companies in China and Japan. However, the market in other regions such as North America, Europe, and LAMEA are expected to witness gradual growth during the forecast period.

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Key Players:
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.

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.

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