An electric press is a machine used to shape a work piece by application of force. It is commonly used in mass production processes. There different variants of electric press like screw press, stamping press, punch press, and others are available for various purpose such as bending metal sheet into a particular shape, punching holes, or cut the metal and metal sheet. Electric press is used in various manufacturing process as they offer efficient and effective production and speed. The machine can be custom made as per the requirement.
MARKET DYNAMICS
The market of electric press is growing due to driving factors like growing marine, transportation and automobile industry, and similarly other industries create a need for mass production. However, high investment cost of electric presses is likely to hamper the growth of market. The electric press market is witnessed to see a significant growth due to rapidly expansion of manufacturing sectors in developing countries creating huge future opportunities.
MARKET SCOPE
The "Global Electric Presses Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of electric presses market with detailed market segmentation by product type, end-user, repair type, and geography. The global electric presses market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric presses market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global electric presses market is segmented on the basis of type, and application. Based on type, the market is segmented as vertical type presses and horizontal type presses. Similarly, based on application the market is segmented into aviation, transport, automobile, marineand tractor.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric presses market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The electric presses market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting electric presses market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the electric presses market in these regions.
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MARKET PLAYERSThe reports cover key developments in the electric presses market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from electric presses market are anticipated to lucrative growth opportunities in the future with the rising demand for electric presses in the global market. Below mentioned is the list of few companies engaged in the electric presses market.
The report also includes the profiles of key electric presses companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-AxNum AG
-Dirinler Group
-ESBELT S.A.
-FLEXCO
-Gottfried Joos Maschinenfabrik GmbH & Co. KG
-HIDROGARNE S.L.U.
-Janome Sewing Machine Co. Ltd
-Herbert Kannegiesser GmbH
-Komax Group
-Manesty
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