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.
Technavio’s analysts forecast the global hydraulic press machines market to grow at a CAGR of 4.27% during the period 2017-2021.
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:
Technavio Announces the Publication of its Research Report – Global Hydraulic Press Machine Market 2017-2021
Technavio recognizes the following companies as the key players in the global hydraulic press machine market: Beckwood Press, Greenerd, Hare Press, and Schuler
Other Prominent Vendors in the market are: AMINO, Asai, Betenbender Manufacturing, DAKE, DORST Technologies, ENERPAC, French Oil Mill Machinery, Fujian Haiyuan Automatic Equipments, GASBARRE PRODUCTS, Hefei Metalforming Machine Tools, Japan Automatic Machine, Jier Machine Tool, Jiangsu Yangli, Kojima Iron Works, Komatsu, LASCO, Nantong Metalforming Equipment, Neff Press, Osterwalder, SANKI SEIKO, Santec Exim, Siempelkamp, SMS Meer, Dees Hydraulic Industrial, Tianjin Tianduan Press, Wabash MPI, Worcester Presses, World Precise Machinery, Xuzhou Metalforming Machine, and YOSHIZUKA SEIKI
Commenting on the report, an analyst from Technavio’s team said: “Over last three decades, there is a misconception that hydraulic press machines will face a decline with the growing popularity of electric press machines. Previously, hydraulic pumps were high power-consumption manufacturing tools, but with the continual improvements in technology as well as the introduction of electric motors to drive hydraulic pumps, these press machines are achieving better production output and efficiency.”
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.
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.
Beckwood Press, Greenerd, Hare Press,Schuler, MINO, Asai, Betenbender Manufacturing, DAKE, DORST Technologies, ENERPAC, French Oil Mill Machinery, Fujian Haiyuan Automatic Equipments, GASBARRE PRODUCTS, Hefei Metalforming Machine Tools, Japan Automatic Machine, Jier Machine Tool, Jiangsu Yangli, Kojima Iron Works, Komatsu, LASCO, Nantong Metalforming Equipment, Neff Press, Osterwalder, SANKI SEIKO, Santec Exim, Siempelkamp, SMS Meer, Dees Hydraulic Industrial, Tianjin Tianduan Press, Wabash MPI, Worcester Presses, World Precise Machinery, Xuzhou Metalforming Machine, YOSHIZUKA SEIKI.
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