Global Digital Servo Press Market Growth 2019-2024

A digital servo press features the same elements as the high-end actuator, but also includes active motor cooling, signal amplifiers and a controller with dedicated software to provide true closed-loop control of both force and position. The press’s mechanism and drive will vary, depending on model. Mechanism types include ballscrew, planetary roller screw (for higher forces) and rack-and-pinion. The presses can be driven directly by the servomotor or through a gearbox.
In the coming years there is an increasing technology breakthrough for digital servo press in the regions of Japan and Europe that is expected to drive the market for more advanced digital servo press. Increasing of automotive and electronics 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 digital servo press in developing countries will drive growth in global market.
Globally, the digital servo press industry market is low concentrated as the manufacturing technology of digital servo press is relatively matures than some high-tech equipment. And some enterprises, like F Janome Industrial Equipment, Promess, Kistler and Tox Pressotechnik, etc. are well-known for the wonderful performance of their digital servo press and related services. At the same time, Japan, occupied 41% production market share in 2017, is remarkable in the global digital servo press industry because of their market share of digital servo press.

According to this study, over the next five years the Digital Servo Press market will register a 4.9% CAGR in terms of revenue, the global market size will reach US$ 220 million by 2024, from US$ 170 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Digital Servo Press business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital Servo Press market by product type, application, key manufacturers and key regions and countries.

This study considers the Digital Servo Press value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Less than 100KN
100KN-200KN
More than 200KN
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Motor and Electronic Industry
Aerospace and Medical Equipment Industry
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Janome Industrial Equipment
Promess
Kistler
Tox Pressotechnik
IAI
SINTOKOGIO
THK
Soress
Sanyo Machine Works
SCHMIDT
BIW
Atlas Copco
FEC
CORETEC INC
C&M Robotics
MOVICO
ESTIC Corporation

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Digital Servo Press consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Digital Servo Press market by identifying its various subsegments.
Focuses on the key global Digital Servo Press manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Digital Servo Press with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Digital Servo Press submarkets, with respect to key regions (along with their respective key countries).
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.