The Electric Presses Market is expected to register a CAGR of 5.6% from 2025 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Type (Vertically type presses, Horizontal type presses). The report further presents analysis based on the Industry (Aviation industry, Train industry, Automobile industry, Ship industry, Tractor Industry). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Electric Presses Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Electric Presses Market Segmentation
Type- Vertically type presses
- Horizontal type presses
- Aviation industry
- Train industry
- Automobile industry
- Ship industry
- Tractor Industry
Strategic Insights
Electric Presses Market Growth Drivers- Demand for Automation and Smart Manufacturing: The demand of automation in manufacturing processes is growing. Due to constant needs to raise productivity and efficiency of respective industries, the demand for electric presses increases today. Using electric presses is known to offer precision along with reducing operating costs in comparison with hydraulic presses.
- Expansions in Emerging Markets: Expansions are potential opportunities in emerging markets in accelerating industrialization. There is a probability that the demand for electric presses increases with growing investments in Asian, African, and Latin American countries who are investing in the construction of manufacturing. New Market Doors Opened.
- Rising Demand for Energy Efficiency in Manufacturing: Electric presses are becoming popular today because they are energy-efficient as compared to hydraulic presses since they consume much less power for the same operations. Hence, manufacturers will be drawn to this as a mode of reducing their operational expenses and environmental impact. Increasingly, industries are inclined towards sustainability, and clean and cost-effective electric presses satisfy these requirements.
- Technological Advancements: Smart presses with IoT capabilities present an opportunity on which the manufacturers can gain ground easily. These can be made more efficient by improving their operation, real-time monitoring, and better maintenance practices; hence, making electric presses even more attractive to a potential customer
- Customization and Flexibility in Press Design: The demand for more customized and flexible production lines will push manufacturers to develop electric presses with configurable designs. These presses will be adaptable to various production requirements, offering more options for different industries. The ability to tailor electric presses to specific needs will enhance their versatility and open up new opportunities in niche markets.
- Focus on Automation and Reduced Workforce Dependence: The future will see further advancements in automation within the electric press market. Manufacturers will increasingly rely on fully automated systems, reducing dependence on manual labor. Automated presses will not only increase efficiency but also improve worker safety by reducing exposure to hazardous environments, resulting in more streamlined, efficient, and safer production processes.
- Smart Manufacturing Trend: The trend for Smart Manufacturing. Electric press market in the present days goes under the influence of the trend for smart manufacturing, as suppliers roll in their digital technologies leading to the deployment of electric presses and facilitates its ability to communicate with other machines and systems in an organization that helps optimize the production workflow and the downtime of the organizations decreases.
- Increased Adoption of Hybrid Electric Presses: In the future, hybrid electric presses combining the benefits of both hydraulic and electric systems will see increased adoption. These hybrid models will offer a balance between high force and energy efficiency, making them suitable for applications that require both heavy-duty pressing and precision. The hybrid design will cater to a broader range of industries, enhancing flexibility.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Electric Presses Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Electric Presses Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The leading players operating in the Electric Presses Market include AxNum AG, Dirinler Group, ESBELT S.A., FLEXCO, Gottfried Joos Maschinenfabrik GmbH & Co. KG, HIDROGARNE S.L.U., Janome Sewing Machine Co. Ltd, Herbert Kannegiesser GmbH, Komax Group, Manesty
Smart Manufacturing Trend and Customization are the key future trends of the Electric Presses Market
The Electric Presses Market is estimated to witness a CAGR of 5.6% from 2023 to 2031
The major factors driving the Electric Presses Market are: Demand of Automation and Expansions in Emerging Markets
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Electronic Presses Market - By Type
1.3.2 Electronic Presses Market - By Industry
1.3.3 Electronic Presses Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ELECTRONIC PRESSES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ELECTRONIC PRESSES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ELECTRONIC PRESSES MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTRONIC PRESSES - GLOBAL MARKET OVERVIEW
6.2. ELECTRONIC PRESSES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ELECTRONIC PRESSES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. VERTICALLY TYPE PRESSES
7.3.1. Overview
7.3.2. Vertically type presses Market Forecast and Analysis
7.4. HORIZONTAL TYPE PRESSES
7.4.1. Overview
7.4.2. Horizontal type presses Market Forecast and Analysis
8. ELECTRONIC PRESSES MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY
8.1. OVERVIEW
8.2. INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. AVIATION INDUSTRY
8.3.1. Overview
8.3.2. Aviation industry Market Forecast and Analysis
8.4. TRAIN INDUSTRY
8.4.1. Overview
8.4.2. Train industry Market Forecast and Analysis
8.5. AUTOMOBILE INDUSTRY
8.5.1. Overview
8.5.2. Automobile industry Market Forecast and Analysis
8.6. SHIP INDUSTRY
8.6.1. Overview
8.6.2. Ship industry Market Forecast and Analysis
8.7. TRACTOR INDUSTRY
8.7.1. Overview
8.7.2. Tractor Industry Market Forecast and Analysis
9. ELECTRONIC PRESSES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Electronic Presses Market Overview
9.1.2 North America Electronic Presses Market Forecasts and Analysis
9.1.3 North America Electronic Presses Market Forecasts and Analysis - By Type
9.1.4 North America Electronic Presses Market Forecasts and Analysis - By Industry
9.1.5 North America Electronic Presses Market Forecasts and Analysis - By Countries
9.1.5.1 United States Electronic Presses Market
9.1.5.1.1 United States Electronic Presses Market by Type
9.1.5.1.2 United States Electronic Presses Market by Industry
9.1.5.2 Canada Electronic Presses Market
9.1.5.2.1 Canada Electronic Presses Market by Type
9.1.5.2.2 Canada Electronic Presses Market by Industry
9.1.5.3 Mexico Electronic Presses Market
9.1.5.3.1 Mexico Electronic Presses Market by Type
9.1.5.3.2 Mexico Electronic Presses Market by Industry
9.2. EUROPE
9.2.1 Europe Electronic Presses Market Overview
9.2.2 Europe Electronic Presses Market Forecasts and Analysis
9.2.3 Europe Electronic Presses Market Forecasts and Analysis - By Type
9.2.4 Europe Electronic Presses Market Forecasts and Analysis - By Industry
9.2.5 Europe Electronic Presses Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Electronic Presses Market
9.2.5.1.1 Germany Electronic Presses Market by Type
9.2.5.1.2 Germany Electronic Presses Market by Industry
9.2.5.2 France Electronic Presses Market
9.2.5.2.1 France Electronic Presses Market by Type
9.2.5.2.2 France Electronic Presses Market by Industry
9.2.5.3 Italy Electronic Presses Market
9.2.5.3.1 Italy Electronic Presses Market by Type
9.2.5.3.2 Italy Electronic Presses Market by Industry
9.2.5.4 United Kingdom Electronic Presses Market
9.2.5.4.1 United Kingdom Electronic Presses Market by Type
9.2.5.4.2 United Kingdom Electronic Presses Market by Industry
9.2.5.5 Russia Electronic Presses Market
9.2.5.5.1 Russia Electronic Presses Market by Type
9.2.5.5.2 Russia Electronic Presses Market by Industry
9.2.5.6 Rest of Europe Electronic Presses Market
9.2.5.6.1 Rest of Europe Electronic Presses Market by Type
9.2.5.6.2 Rest of Europe Electronic Presses Market by Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Electronic Presses Market Overview
9.3.2 Asia-Pacific Electronic Presses Market Forecasts and Analysis
9.3.3 Asia-Pacific Electronic Presses Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Electronic Presses Market Forecasts and Analysis - By Industry
9.3.5 Asia-Pacific Electronic Presses Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Electronic Presses Market
9.3.5.1.1 Australia Electronic Presses Market by Type
9.3.5.1.2 Australia Electronic Presses Market by Industry
9.3.5.2 China Electronic Presses Market
9.3.5.2.1 China Electronic Presses Market by Type
9.3.5.2.2 China Electronic Presses Market by Industry
9.3.5.3 India Electronic Presses Market
9.3.5.3.1 India Electronic Presses Market by Type
9.3.5.3.2 India Electronic Presses Market by Industry
9.3.5.4 Japan Electronic Presses Market
9.3.5.4.1 Japan Electronic Presses Market by Type
9.3.5.4.2 Japan Electronic Presses Market by Industry
9.3.5.5 South Korea Electronic Presses Market
9.3.5.5.1 South Korea Electronic Presses Market by Type
9.3.5.5.2 South Korea Electronic Presses Market by Industry
9.3.5.6 Rest of Asia-Pacific Electronic Presses Market
9.3.5.6.1 Rest of Asia-Pacific Electronic Presses Market by Type
9.3.5.6.2 Rest of Asia-Pacific Electronic Presses Market by Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Electronic Presses Market Overview
9.4.2 Middle East and Africa Electronic Presses Market Forecasts and Analysis
9.4.3 Middle East and Africa Electronic Presses Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Electronic Presses Market Forecasts and Analysis - By Industry
9.4.5 Middle East and Africa Electronic Presses Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Electronic Presses Market
9.4.5.1.1 South Africa Electronic Presses Market by Type
9.4.5.1.2 South Africa Electronic Presses Market by Industry
9.4.5.2 Saudi Arabia Electronic Presses Market
9.4.5.2.1 Saudi Arabia Electronic Presses Market by Type
9.4.5.2.2 Saudi Arabia Electronic Presses Market by Industry
9.4.5.3 U.A.E Electronic Presses Market
9.4.5.3.1 U.A.E Electronic Presses Market by Type
9.4.5.3.2 U.A.E Electronic Presses Market by Industry
9.4.5.4 Rest of Middle East and Africa Electronic Presses Market
9.4.5.4.1 Rest of Middle East and Africa Electronic Presses Market by Type
9.4.5.4.2 Rest of Middle East and Africa Electronic Presses Market by Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Electronic Presses Market Overview
9.5.2 South and Central America Electronic Presses Market Forecasts and Analysis
9.5.3 South and Central America Electronic Presses Market Forecasts and Analysis - By Type
9.5.4 South and Central America Electronic Presses Market Forecasts and Analysis - By Industry
9.5.5 South and Central America Electronic Presses Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Electronic Presses Market
9.5.5.1.1 Brazil Electronic Presses Market by Type
9.5.5.1.2 Brazil Electronic Presses Market by Industry
9.5.5.2 Argentina Electronic Presses Market
9.5.5.2.1 Argentina Electronic Presses Market by Type
9.5.5.2.2 Argentina Electronic Presses Market by Industry
9.5.5.3 Rest of South and Central America Electronic Presses Market
9.5.5.3.1 Rest of South and Central America Electronic Presses Market by Type
9.5.5.3.2 Rest of South and Central America Electronic Presses Market by Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ELECTRONIC PRESSES MARKET, KEY COMPANY PROFILES
11.1. AXNUM AG
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DIRINLER MACHINERY
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ESBELT
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FLEXCO
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GOTTFRIED JOOS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HIDROGARNE
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. JANOME
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. KANNEGIESSER
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. KOMAX WIRE
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. MANESTY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. AxNum AG
2. Dirinler Machinery
3. ESBELT
4. FLEXCO
5. Gottfried Joos
6. HIDROGARNE
7. Janome
8. Kannegiesser
9. Komax Wire
10. Manesty
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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