This report studies the global Mechanical Presses market status and forecast, categorizes the global Mechanical Presses market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
A mechanical press is a device designed to apply very high force to form, shape, or cut materials, to compress solids, or to extract liquids. Mechanical presses range in size from very small units that are operated by hand, to large powered industrial units used in manufacturing and assembly line applications.
In the coming years there is an increasing demand for mechanical presses in the regions of China and Europe that is expected to drive the market for more advanced mechanical presses. Increasing of automotive fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on general industry, retrofitting and renovation of old technology, increasing adoption of mechanical presses will drive growth in gloabl markets.
Globally, the mechanical presses industry market are low concentrated as the manufacturing technology of mechanical presses is relatively matures than some high-tech equipment. And some enterprises, like Schuler, Komatsu and JIER etc. are well-known for the wonderful performance of their mechanical presses and related services. At the same time, Europe, occupied 26.45% production market share in 2016, is remarkable in the global mechanical presses industry because of their market share and technology status of mechanical presses.
The consumption volume of mechanical presses is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of mechanical presses industry may not keep that fast. But it is surely forecasted that the market of mechanical presses is still promising.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the mechanical presses market to approach these areas. QYR analysis of the mechanical presses market indicated that Europe would account for the highest sales in 2022 with close to 39 percent of global sales coming from this region, but Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
Although the market competition of mechanical presses is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of mechanical presses and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
The global Mechanical Presses market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major manufacturers covered in this report
Isgec Heavy Engineering Ltd
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
Other regions (Central & South America, Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific