The global Powder Compacting Pressers market size is expected to be worth around US$ 508.9 Mn by 2030, according to a new report by Vision Research Reports.
The global Powder Compacting Pressers market size was valued at US$ 350.7 Mn in 2020 and is anticipated to grow at a CAGR of 5.7% during forecast period 2021 to 2030.
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Powder Compacting Pressers Market (By Product: Hydraulic, Electric, Hybrid, Mechanical, Servo-hydraulic; By Application: Powder Metallurgy, Ceramic & Cement, Carbon & Carbide, Others; By End-use: Automotive, Machining, Energy & Electricity, Equipment, Medical, Military, Construction, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030
Growth Factors
The rising adoption of powder compacting pressers in the end-use industries, including automobile, military, machining, and aerospace, is anticipated to have a positive impact on the market growth.
Increasing automotive production, mainly in the emerging economies of Asia Pacific, the Middle East, and South America, is projected to aid the market growth. Furthermore, governments across the globe are providing tax incentives to vehicle manufacturers switching to electric standards, in turn, augmenting the demand for powder compacting pressers.
The aerospace and military sectors are the early adopters of powder compacting pressers, thus, lightweight parts made from aluminum, titanium, and steel, are witnessing growth.
Report Highlights
The mechanical powder compacting pressers led the market and accounted for 57.6% share of the global revenue in 2020 as they provide one of the fastest production speeds and are suitable for large-scale production. Most of the mechanical pressers have fixed stroke lengths and offer full press capacity at the BDC (bottom dead center) of the stroke.
Electric powder compacting pressers are estimated to expand at the highest CAGR of 10.2% in terms of revenue from 2020 to 2030 as they are replacing hydraulic presses owing to their better energy efficiency and accuracy. Electric pressers are environment-friendly as they do not require environmentally critical fluids, such as hydraulic oil, and produce minimal noise.
The powder metallurgy application segment led the market and accounted for a 68.5% share of the global revenue in 2020. Powder metallurgy has resulted in lowering machining costs and a reduction in material usage. Furthermore, powder metallurgy has been beneficial in offering uniformity in the components, resulting in reduced operational costs.
The and cement application segment is expected to expand at the highest CAGR of 8.4% from 2020 to 2030, in terms of revenue. A wide variety of ceramic powders such as alumina, boron nitride, and zirconia are being used as fillers in cement, electrical insulation, and thermal conduction use cases.
The automotive end-use segment led the market and accounted for a 43.0% share of the global revenue in 2020. Companies have started expanding their production facilities to meet the demand for automobiles, resulting in the high demand for PM-based components and positively impacting the automotive industry.
The energy and electricity segment is estimated to expand at a CAGR of 5.8%, in terms of revenue, from 2020 to 2030. Motor components such as carbon brushes, magnets, gears, and switches are developed using the press and sinter process. Increased demand for heating ventilation and air conditioning (HVAC) systems in residential, commercial, and industrial applications is expected to drive the demand for industrial motors.
North America led the market and accounted for a 46.2% share of the global revenue in 2020. Factors such as the presence of major players in the region and the rising consumers’ spending ability are expected to drive the market. The presence of major government and private aerospace companies, coupled with high defense expenditure in the U.S., is expected to propel the market growth over the forecast period.
Key Players
- KomageGellnerMaschinenfabrik KG
- SMS group GmbH
- Osterwalder AG
- MaschinenfabrikLauffer GmbH & Co.KG
- Gasbarre Products, Inc.
- Ajax CECO Erie Press
- Beckwood Press
- Digital Press
- DORST Technologies GmbH & Co. KG
- Cincinnati Incorporated
- Nanjing East Precision Machinery CO., LTD.
- Dongguan Yihui Hydraulic Machinery Co., Ltd.
- Santec Exim Pvt. Ltd.
- Quintus Technologies AB
- SACMI IMOLA S.C.
| Report Coverage | Details |
| Market Size | US$ 508.9 Mn by 2030 |
| Growth Rate | CAGR of 5.7% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product, Application, Enduse |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | KomageGellnerMaschinenfabrik KG; SMS group GmbH; Osterwalder AG; MaschinenfabrikLaufferGmbH & Co.KG; Gasbarre Products, Inc.; Ajax CECO Erie Press; Beckwood Press; Digital Press; DORST Technologies GmbH & Co. KG |
Market Segmentation
- Product
- Hydraulic
- Electric
- Hybrid
- Mechanical
- Servo-hydraulic
- Application
- Powder Metallurgy
- Ceramic & Cement
- Carbon & Carbide
- Others
- End-use
- Automotive
- Machining
- Energy & Electricity
- Equipment
- Medical
- Military
- Construction
- Others
- Regional
- North America
- U.S.
- Canada
- Mexico
- Europe
- Austria
- Belgium
- Denmark
- France
- Germany
- Italy
- Poland
- Russia
- Spain
- Sweden
- Netherlands
- U.K.
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Central & South America
- Argentina
- Brazil
- Colombia
- Chile
- Peru
- Middle East & Africa
- Saudi Arabia
- South Africa
- North America
The study objectives of this report are:
- To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
- Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.
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