Servo Press market size will grow from XX Million in 2018 to XX Million by 2024, at an estimated CAGR of XX %. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
Servo press is a machine which uses a servomotor as its driving source. Servomotor provides control over position of the output shaft as well as on speed. They have a closed loop feedback system which accurately and efficiently controls the loads and cycle rate due to which it has huge applications in high forming loads. Servo presses are widely used in sheet metal forming operations as they offer flexibility, controllability and simplicity. Maximum life of the tool and at the same time minimum power consumption are the main features of servo presses, that ultimately result in significant lowering of manufacturing costs.
By Market Players:
AIDA ENGINEERING, LTD., Fagor Arrasate, SIMPAC Corp., Chin Fong Machine Industrial Co., Ltd., Promess Incorporated, Nidec-Shimpo Corporation, Shieh Yih Machinery Industry Co., Ltd., Schuler AG, Komatsu Ltd., ISGEC Heavy Engineering Ltd., Japan Automatic Machine Co., Ltd., Hoden Seimitsu Kenkyusho Co., Ltd., Hitachi Zosen Fukui Corporation, Amino Corporation, Tox Pressotechnik GmbH & Co. KG ,
By Product Type
Crank, Screw ,
Small (<100 tons), Medium (100-500 tons), Large (>500 tons)
By End Use Industry
Automotive, Aerospace, Electrical and Electronics, Others ,
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