Hydraulic Press Machine Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, Japan, Germany, UK - Size and Forecast 2024-2028

Hydraulic Press Machine Market Forecast 2024-2028

The hydraulic press machine market size is forecast to increase by USD 4.37 Billion at a CAGR of 5.78% between 2023 and 2028. The market has experienced a notable uptick in demand, primarily driven by the automotive industry. Factors include the rising preference for Electric Vehicles (EVs), spurred by global initiatives promoting eco-friendly transport.

Notably, the US Department of Energy reported a 43% surge in electric car sales in 2020. A significant trend is the development of hydraulic-press machines with user-friendly interfaces by companies like ABB and VOLANSYS TECHNOLOGIES. These interfaces enhance operational efficiency and operator safety, reflecting a shift towards innovation. This aligns with market forecasting and analysis, emphasizing the importance of adapting to industry trends such as energy-saving measures and advancements in brick molding equipment.

What will be the Size of the Market During the Forecast Period?

Hydraulic Press Machine Market Forecast 2024-2028

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Market Segmentation by End-user, Type, and Geography Analysis 

End-user Segment Analysis: 

The transportation segment will account for a major share of the market's growth during the forecast period.?The transportation segment includes the automotive, shipping, and railway sectors. There has been a rise in investments in transportation infrastructure globally, particularly in developing countries such as India, China, and Brazil. Rail transport has become popular once again over the past few years, mainly due to its better fuel economy and lower carbon footprint, in addition to its rise in the demand for bulk goods transportation. India and China are witnessing a significant investment in railway construction projects, with a major focus on high-speed trains. 

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The transportation segment was valued at USD 6.54 billion in 2018. Besides, shipbuilding is mostly dominated by Asian players such as China, Japan, and South Korea. However, the industry is expected to be on its path of recovery after facing several years of declining production due to the overcapacity in vessels such as containers and bulkers. The regeneration of the shipbuilding industry is anticipated to boost the demand for metal-forming manufacturing machines, including hydraulic press brake machines. Owing to such factors, the demand for machines is expected to increase from the transportation sector, thereby driving the growth of the market during the forecast period.

Type Segment Analysis: 

Based on type, the market has been segmented into C-frame, H-frame, 4-post hydraulic-press, and others. The C-frame segment will account for the largest share of this segment.?C-frame machines maintain a prominent position in the market due to their adaptability and wide range of applications. These machines have a C-shaped frame structure and are suitable for carrying out bending, punching, and forming processes in industries like automotive, aerospace, and manufacturing. As end-user industries seek more precise and adaptable equipment, C-frame hydraulic press machines will continue to play an essential role in catering to these growing needs, thereby boosting their demand. This is expected to prompt significant growth in the global market during the forecast period.

Regional Analysis

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APAC is estimated to contribute 58% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The growth in the general machinery and automotive segments in APAC is expected to boost the demand for machines in the region. China, India, Japan, South Korea, Thailand, and Indonesia are the key contributors to the growth of the market in APAC.

In addition, in APAC, the automotive sector is one of the biggest end-users of press machines, with China standing as one of the largest vehicle manufacturers in the region in 2022. The forging industry is another user of machines, with China being the industry leader. India and Japan are the other significant producers in the region. Hence, such factors are expected to drive market growth in this region during the forecast period.

Hydraulic Press Machine Market Dynamic

The market has surged, propelled by the automotive industry, driven by the growing preference for Electric Vehicles (EVs) and lightweight materials to meet pollution regulations. Market analysis forecasts sustained growth with opportunities for manufacturers to expand. ABB and VOLANSYS TECHNOLOGIES develop user-friendly interfaces, enhancing efficiency and safety, with software tools like BendWizard streamlining production.

Operational challenges persist, exacerbated by the pandemic and IT-enabled models, but advancements in low-maintenance devices and energy-saving measures offer solutions. Hydraulic-presses find applications across aerospace, pharmaceutical, and medical industries, aligning with Pascals law. Overall, the market trends towards efficiency and sustainability, urging manufacturers to adapt and innovate for continued growth and industry relevance.

Key Market Driver

The market has witnessed a significant surge in demand for fabricated metal, primarily propelled by the automotive industry. This increase can be attributed to several factors. For instance, the growing consumer preference for Electric Vehicles (EVs) has led to heightened production, spurred by governmental initiatives worldwide promoting cleaner transportation options. Notably, the US Department of Energy documented a 43% upsurge in electric car sales in 2020, reflecting this trend.

Moreover, stricter pollution regulations have compelled automobile manufacturers to adopt lightweight materials like aluminum and high-strength steel. According to the European Automobile Manufacturers' Association, European automakers achieved a remarkable 22% reduction in average CO2 emissions between 2019 and 2020 by prioritizing lightweight materials. Hydraulic press machines play a vital role in precisely shaping these materials, rendering them indispensable in meeting the evolving requirements of the automotive sector. Consequently, the market anticipates substantial growth in the forecast period, with market analysis and forecasts indicating a rising demand for Bramah press machines and sustained growth trends. Additionally, opportunities for Bramah press manufacturers lie in exploring market segmentation and expanding their presence across various industries.

Meanwhile, operational challenges persist, exacerbated by factors such as the pandemic, IT-enabled business models, construction activities, and building and mining operations. However, the adoption of low-maintenance mechanical devices, along with advancements in 3D printing equipment, presents avenues for overcoming these challenges. Furthermore, embracing energy-saving measures and renewable energy sources can contribute to mitigating greenhouse gas emissions across industries.

In essence, Pascal's Principle underscores the significance of hydraulic press machines in various sectors, including aerospace, pharmaceutical, and medical industries, where processes like clinching, moulding, blanking, and deep drawing rely on efficient press technologies. With Joseph Bramah's legacy and innovations in hydraulic engineering, coupled with advancements in press plates, slave cylinders, master cylinders, and pistons, the Bramah press continues to play a pivotal role in shaping the future of manufacturing and industrial operations.

Significant Market Trends

The development of hydraulic press machines with user-friendly interfaces marks a significant trend in the industry. Traditional press machines are quite tedious to operate, and only those with expertise can operate them efficiently. Recently, market players such as ABB and VOLANSYS TECHNOLOGIES have come up with interfaces that are user-friendly. These interfaces have not only increased the operational efficiency of the manufacturing process but also improved the safety of the operators. 

Moreover, ABB has developed an advanced technological software named BendWizard, which helps in providing the benefits of automation to companies using metal fabrication machinery. BendWizard provides a unique software tool for programming the production cell. Therefore, this trend is anticipated to fuel the growth of the market during the forecast period, with market trends and analysis indicating a shift towards user-friendly interfaces and market growth analysis suggesting increased operational efficiency. Additionally, market research and growth point towards opportunities for press machine manufacturers to capitalize on advancements in hydraulic press technology, while market growth and trends highlight the importance of hydraulic power press in various industries. Furthermore, market segmentation provides insights into targeting specific market segments, and hydraulic press operation remains a key aspect of ensuring smooth manufacturing processes.

Major Market Challenges

The market faces a challenge due to the escalating demand for plastic and fiber materials in manufacturing industries worldwide. These materials are increasingly replacing metals in products such as vehicle body parts, aerospace interiors, and electrical components due to their lightweight and non-corrosive properties. Plastics, in particular, offer the advantage of reusability without significant property changes and longer lifespans compared to metals. Consequently, manufacturing industries exhibit a growing preference for plastic materials, leading to a decline in metal demand. This shift may adversely impact the growth of the market, given its primary use in shaping metal components. As a result, this challenge is expected to hinder market growth during the forecast period, as indicated by market analysis and forecasting reports.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

• Andritz AG: The company offers hydraulic-press for general purpose, special forming, and hot forming.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

Betenbender Manufacturing Inc., Doerfer Companies, DORST Technologies GmbH and Co. KG, French Oil Mill Machinery Co., Hefei Metalforming Intelligent Manufacturing Co. Ltd, Japan Automatic Machine Co. Ltd., Amino North America Corp., Asai Corp., Beckwood-Press, DEES Hydraulic Industrial Co. Ltd., Enerpac Tool Group Corp., Greenerd Press and Machine Co. Inc., Kojima Iron Works Co. Ltd., Komatsu Ltd., Laguna Tools Inc., LASCO Umformtechnik GmbH, Nantong Metalforming Equipment Co. Ltd., Pacific Press-Technologies, and Yangli Group Corporation Ltd

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak based on their quantitative data analysis. 

Market Analyst Overview 

The market encompasses essential pressing equipment vital in various industries such as metalworking machinery and industrial presses. These machines, powered by hydraulic press systems, enable efficient metal forming and offer versatile press machine technology. With diverse hydraulic press applications, including metal forming equipment and hydraulic cylinder press operations, they cater to different industrial needs. As key players in the hydraulic press industry, manufacturers innovate to provide advanced hydraulic press components and diverse hydraulic press types. Market segmentation reveals the wide-ranging applications of hydraulic presses, driving the demand for specialized hydraulic press designs and increasing availability from press machine suppliers.

In addition, these presses find extensive usage in the aerospace industry for manufacturing critical components. The pharmaceutical & medical industries also benefit from hydraulic presses for tasks like tablet compression. Efforts towards energy-saving measures further enhance the appeal of hydraulic presses across sectors. Additionally, hydraulic presses play a crucial role in building and mining activities, offering efficient brick molding equipment. Market growth and forecasting reports underscore the significant role of hydraulic press manufacturers in meeting diverse industrial demands, as revealed through thorough market analysis and report.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

• End-User Outlook
  • Transportation
  • General Machinery
  • Others

• Type Outlook
  • C-frame
  • H-frame
  • 4-post hydraulic-press
  • Others

• Region Outlook
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • South America
    • Chile 
    • Brazil 
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

Market Scope
Report Coverage	Details
Page number	174
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 5.78%
Market growth 2024-2028	USD 4.37 Billion
Market structure	Fragmented
YoY growth 2023-2024(%)	4.34
Regional analysis	APAC, Europe, North America, Middle East and Africa, and South America
Performing market contribution	APAC at 58%
Key countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Andritz AG, Betenbender Manufacturing Inc., Doerfer Companies, DORST Technologies GmbH and Co. KG, French Oil Mill Machinery Co., Hefei Metalforming Intelligent Manufacturing Co. Ltd, Japan Automatic Machine Co. Ltd., Amino North America Corp., Asai Corp., Beckwood Press, DEES Hydraulic Industrial Co. Ltd., Enerpac Tool Group Corp., Greenerd Press and Machine Co. Inc., Kojima Iron Works Co. Ltd., Komatsu Ltd., Laguna Tools Inc., LASCO Umformtechnik GmbH, Nantong Metalforming Equipment Co. Ltd., Pacific Press Technologies, and Yangli Group Corporation Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the market between 2024 and 2028
• Precise estimation of the market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
• A thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market companies

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