Digital Servo Press Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 

The global digital servo press market is uplifting on account of the factors such as increasing expenditure in automobile and electronics industries, new technology-enabled products, and rising adoption of digital servo press machines globally. As per IEA, Consumers spent USD 120 billion on electric car purchases in 2020, a 50% increase from 2019, which breaks down to a 41% increase in sales and a 6% rise in average prices. Moreover, growing demands for the renovation and retrofitting of older technology and rising expenditure on the overall industrial sector are also contributing to the growth of the market.

In addition, increasing demand for digital servo press machines in the aerospace industry, coupled with increasing implementation of digital servo press machines for the manufacture of aircraft components is in turn expected to boost the growth of the global digital servo press market. As per Deloitte, global commercial aircraft deliveries of between 1,000 and 1,025 aircraft are estimated in 2022.
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According to UnivDatos Market Insights (UMI)’ research report “Global Digital Servo Press Market Analysis, 2020”, Owing to a large number of industries, increasing consumer electronics demand, and largest automobile industry, APAC held the largest market in battery manufacturing. In 2021, the automobiles & auto parts sector topped the Asia PMI sector output rankings in January. It registered the fastest rate of growth of all categories for the third time in the past six months. In addition, household & personal use products and machinery & equipment registered faster growth and expected to grow in the forecasted period as well. Also, the manufacturing industry of Japan accounted for about 20% of the total GDP in FY 2019-20 led by its automobile sector. In fact, in 2017, Japan also introduced the concept of “Connected Industries” which aims to create new added value and resolve social issues by connecting various things like machines, technologies, and people, which would drive the market of the digital servo press.

Based on the force range, The surging manufacturing industry coupled with the growing applications of digital servo press in automotive, aerospace, and electronics components manufacturing is leading to the growth of this segment.

Based on the application, In the automotive, servo press directly (or via gear drive) drives pressing mechanism in the utilization of the power, speed change and execution and many other functions and the characteristic of good rotation speed controllability of low-speed large-torque direct driven servo motor, uses self-adaptation torque control technology and computer control technology, and utilizes digital technology (and feedback control technology) to control the operation of servo motor. However, the electronic segment would witness a robust CAGR during the forthcoming years.
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The Asia Pacific to Grab Lion’s Share, But Europe to witness Explicit Growth

Based on the Region, the Asia-Pacific region dominated the global Digital Servo Press market in 2020., stated in UnivDatos Market Insights (UMI)’ research report “Global Digital Servo Press Market Analysis, 2020”.  Booing manufacturing industries coupled with the surging investment in digital technologies in countries such as China, India, and Japan is leading to the growth of the market.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global Digital Servo Press Market are ABB Ltd, Badger Meter, Inc, Emerson Electric Co, Endress+Hauser AG, General Electric Co,  Honeywell International Inc, Krohne Messtechnik GmbH, McCrometer Inc, Omega Engineering Inc, Siemens AG, etc., The players are focused on launching new products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry.  

“Global Digital Servo Press Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the Digital Servo Press Market across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors' capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.  
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 Market Segmentation:

1.      By Force Range (100KN, 100KN-200KN, More than 200KN)

2.      By Motor Type (Continuous Rotation, Linear Rotation, Position Rotation)

3.      By Application (Automotive, Aerospace, Electronics, Others)

4.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.      By Company (ABB Ltd, Badger Meter, Inc, Emerson Electric Co, Endress+Hauser AG, General Electric Co, Honeywell International Inc, Krohne Messtechnik GmbH, McCrometer Inc, Omega Engineering Inc, Siemens AG)

Key questions answered in the study:

1.      What are the current and future trends of the global Digital Servo Press market industry?

2.      How the industry has been evolving in terms of end-user demand and application areas?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the Digital Servo Press market industry?

5.      What are the customer orientation, purchase behavior, and expectations from the Digital Servo Press market firms across various regions?

Table of Content –

1. MARKET INTRODUCTION

2. RESEARCH METHODOLOGY OR ASSUMPTION

3. MARKET SYNOPSIS

4. EXECUTIVE SUMMARY

5 GLOBAL DIGITAL SERVO PRESS MARKET COVID-19 IMPACT

6 GLOBAL DIGITAL SERVO PRESS MARKET REVENUE, 2019-2027F

7 MARKET INSIGHTS BY FORCE RANGE

8 MARKET INSIGHTS BY MOTOR TYPE

9 MARKET INSIGHTS BY APPLICATION

10 MARKET INSIGHTS BY REGION

11 DIGITAL SERVO PRESS MARKET DYNAMICS

12 DIGITAL SERVO PRESS MARKET OPPORTUNITIES

13 DIGITAL SERVO PRESS MARKET TRENDS

14 LEGAL & REGULATORY FRAMEWORK

15 DEMAND AND SUPPLY SIDE ANALYSIS

16 VALUE CHAIN ANALYSIS

17 COMPETITIVE SCENARIO

18 COMPANY PROFILED

19 DISCLAIMER

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