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Global Hydraulic Press Machines Market to grow at a CAGR of 4.27% during the period 2017-2021

02-21-2017 01:38 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MRC Tech

Market Research analysts forecast the global hydraulic press machines market to grow at a CAGR of 4.27% during the period 2017-2021.

According to the report, the performance of any manufacturing industry generally depends on the growth of the end-user segment. One of the biggest end-user markets for manufacturing technology products is the automobile industry, and with global automobile production projected to increase, it is expected to help the manufacturing market to expand. All automobile manufacturers and their multi-layered supply chains depend widely on machine dies, tools, molds, jigs, and many other different types of equipment. In the automotive sector, stamping is an important manufacturing process that is used to produce body parts for automobiles, for which press machines are used.

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Further, the report states that additive manufacturing, also known as 3D printing, is a relatively expensive technology, which can replace traditional manufacturing tools like hydraulic press machines. The use of 3D printing technology is likely to expand during the forecast period; this technology can easily replace manufacturing equipment like hydraulic presses if the cost of material and equipment declines in the future. In recent years, 3D printing has evolved so much that it can handle almost any kind of material, such as titanium and even human tissue. 3D printing is even capable of manufacturing complex designs like transistors and LEDs. The competency of the 3D printing equipment is increasing so rapidly that they can even build large products with high accuracy and fine resolution. Traditional hydraulic press machines cannot produce complex designs like transistors.

About Hydraulic Press Machines

Press machine is a type of machine, which is crucial to industrial manufacturing processes. Presses provide energy by exerting a force, which acts over a stroke. Hydraulic press machines are widely used in the metal forging industry to perform blanking, stamping, coining and embossing. Press machines are also used in the metal fabrication and metal extrusion processes. There are four main types of press machines as shown below.

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Covered in this report

The report covers the present scenario and the growth prospects of the global hydraulic press machines market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of hydraulic press machines.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Hydraulic Press Machines 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Beckwood Press
Greenerd
Hare Press
Schuler

Other prominent vendors
AMINO
Asai Corporation
Betenbender Manufacturing
DAKE
DORST Technologies
ENERPAC
French Oil Mill Machinery
Fujian Haiyuan Automatic Equipments
GASBARRE PRODUCTS
Hefei Metalforming Machine Tools
Japan Automatic Machine

Market driver
Surge in demand for fabricated metal in automotive sector
For a full, detailed list, view our report

Market challenge
Rise in demand for plastic and fiber materials
For a full, detailed list, view our report

Market trend
Better energy efficiency using VFDs in hydraulic press machines
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

..…..Continued

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Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. Market Reports Center’s team consistently works to update and extend our existing repository of market research reports by partnering with new publishers and adding their studies to our website

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info@marketreportscenter.com

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