Press release
Automotive Industry Demand Driving Digital Servo Press Market Growth Driver: A Major Catalyst in the Evolution of the Digital Servo Press Market in 2025
What industry-specific factors are fueling the growth of the digital servo press market?The digital servo press market is experiencing significant growth, largely due to increasing demand from the automotive industry. This industry comprises companies responsible for designing and assembling vehicles, including their various components like bodies and engines. Digital servo press machines play a crucial role in the mass production and assembly of car parts in this sector. As per LMC Automotive, a provider of information for the automotive industry, it is anticipated that by 2032, over 111 million cars will be sold worldwide. As such, the rising demand emanating from the automotive sector propels the expansion of the digital servo press market.
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What Is the projected market size and growth rate for the digital servo press market?
The market size for digital servo press has experienced swift expansion in recent years. It's projected to rise from a size of $2.8 billion in 2024 to $3.14 billion in 2025, equating to a compound annual growth rate (CAGR) of 12.0%. The surge witnessed during the historical period can be traced back to an increased demand for high precision and superior quality manufacturing, a call for enhanced management and supervision in production operations, a surge in automation within manufacturing sectors, growth of the electronics and semiconductor production, along with the implementation of servo presses in the realm of automotive production.
In the forthcoming years, the digital servo press market is projected to experience a brisk expansion. The market will skyrocket to a value of $4.88 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 11.7%. Factors contributing to this projected surge during the forecast period include the flourishing aerospace and medical device manufacturing sectors, market proliferation in developing economies and regions, the rising demand for micro-assembly and miniaturization in the electronics sector, the growing need for unique applications of customized and specialized digital servo presses, and the increase in demand for servo presses driven by the adoption of electric and hybrid vehicles. Key trends expected during the forecast period include advancements in motion control algorithms, sensors for monitoring force and position, smart human-machine interface (HMI) systems, integration with vision systems, energy-efficient servo drive systems, and the incorporation of collaborative robots (cobots).
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What new trends are reshaping the digital servo press market and its opportunities?
Innovations in product design are transforming the digital servo press marketplace. Key participants in this field are centering their efforts on advancing their products to create digital servo press machines that are more energy-saving and exhibit greater speeds. For example, AIDA Engineering Ltd., a machinery manufacturing company based in Japan, has launched a novel 4000 kN 2-point servo press. This unique machine comes with an artificial intelligence learning functionality that independently assesses the press's condition. Its main features, which include significant speed and the pairing with AIDA's factory automation, enhance the overall efficiency of the press.
What major market segments define the scope and growth of the digital servo press market?
The digital servo press market covered in this report is segmented -
1) By Motor Type: Continuous Rotation, Linear Rotation, Positional Rotation
2) By Force Range: Less than 100KN, 100KN-200KN, More than 200KN
3) By Application: Automotive, Electronics, Aerospace, Other Applications
Subsegments:
1) By Continuous Rotation: DC Brushless Motors, Stepper Motors, AC Servo Motors
2) By Linear Rotation: Linear Servo Motors, Linear Actuators
3) By Positional Rotation: Rotary Servo Motors, Precision Servo Motors
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Which region dominates the digital servo press market?
Asia-Pacific was the largest region in the digital servo press market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital servo press market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Which key market leaders are driving the digital servo press industry growth?
Major companies operating in the digital servo press market include JANOME Corporation, Promess Incorporated, Kistler Instruments India Pvt. Ltd., Sintokogio Ltd., C&M Robotics Co. Ltd., AIDA Engineering Ltd., TOX PRESSOTECHNIK Ltd. UK, THK Co. Ltd., IAI America Inc., FEC Ltd., Sanyo Machine Works Ltd., Stamtec Inc., DAI-ICHI DENTSU LTD., CORETEC Inc., AMADA PRESS SYSTEM CO. LTD., FANUC Corporation, Komatsu America Industries LLC, Hitachi America Ltd., Ingersoll Production Equipment, Beckwood Press Co., Schuler AG, APEC Ltd., Moog Inc., SKF Motion Technologies, Niagara Press Company Inc., KOMPAKT Press Automation GmbH, Taylor-Winfield Technologies Inc., Dake Corporation, The Minster Machine Company, NIDEC-SHIMPO Corporation
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What Is Covered In The Digital Servo Press Global Market Report?
•Market Size Forecast: Examine the digital servo press market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the digital servo press market for a structured understanding.
•Key Players Overview: Analyze major players in the digital servo press market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the digital servo press market.
•Segment Contributions: Evaluate how different segments drive overall growth in the digital servo press market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the digital servo press market.
•Industry Challenges: Identify potential risks and obstacles affecting the digital servo press market.
•Competitive Landscape: Review strategic developments in the digital servo press market, including expansions, agreements, and new product launches.
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