LONDON--(BUSINESS WIRE)--Technavio has been monitoring the hydraulic press machine market and it is poised to grow by USD 1.89 billion during 2020-2024, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions-
- What was the value of the hydraulic press machine market in 2019?
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Technavio says that the value of market was USD 12.53 billion in 2019 and it is projected to reach USD 14.42 billion by 2024.
- At what rate is the market projected to grow during the forecast period 2020-2024?
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Growing at a CAGR of over 3%, the market growth will accelerate during the forecast period.
- What is the key factor driving the market?
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Demand for fabricated metal in automotive sector is one of the key factors driving the market growth.
- Who are the top players in the market?
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Andritz AG, Asai Corp., Beckwood Press, DEES Hydraulic Industrial Co. Ltd., Doerfer Companies, DORST Technologies GmbH & Co. KG, Enerpac Tool Group Corp., Hefei Metalforming Intelligent Manufacturing Co. Ltd, Japan Automatic Machine Co. Ltd., and Yangli Group Corporation Ltd. are some of the major market participants.
- Which region is expected to hold the highest market share?
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APAC
- What is the year-over-year growth rate of the global market?
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The year-over year growth rate for 2020 is estimated at 2.95%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Andritz AG, Asai Corp., Beckwood Press, DEES Hydraulic Industrial Co. Ltd., Doerfer Companies, DORST Technologies GmbH & Co. KG, Enerpac Tool Group Corp., Hefei Metalforming Intelligent Manufacturing Co. Ltd, Japan Automatic Machine Co. Ltd., and Yangli Group Corporation Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Demand for fabricated metal in automotive sector has been instrumental in driving the growth of the market.
Hydraulic Press Machine Market 2020-2024: Segmentation
Hydraulic Press Machine Market is segmented as below:
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End-user
- Transportation
- General Machinery
- Others
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Geography
- APAC
- Europe
- North America
- MEA
- South America
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Hydraulic Press Machine Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our hydraulic press machine market report covers the following areas:
- Hydraulic Press Machine Market size
- Hydraulic Press Machine Market trends
- Hydraulic Press Machine Market analysis
This study identifies the use of VFDs for energy efficiency as one of the prime reasons driving the hydraulic press machine market growth during the next few years.
Hydraulic Press Machine Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the hydraulic press machine market, including some of the vendors such as Andritz AG, Asai Corp., Beckwood Press, DEES Hydraulic Industrial Co. Ltd., Doerfer Companies, DORST Technologies GmbH & Co. KG, Enerpac Tool Group Corp., Hefei Metalforming Intelligent Manufacturing Co. Ltd, Japan Automatic Machine Co. Ltd., and Yangli Group Corporation Ltd. Backed with competitive intelligence and benchmarking, our research reports on the hydraulic press machine market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Hydraulic Press Machine Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist hydraulic press machine market growth during the next five years
- Estimation of the hydraulic press machine market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the hydraulic press machine market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hydraulic press machine market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Force Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Transportation - Market size and forecast 2019-2024
- General Machinery - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End-user
Customer landscape
- Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Volume Driver – demand led growth
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Andritz AG
- Asai Corp.
- Beckwood Press
- DEES Hydraulic Industrial Co. Ltd.
- Doerfer Companies
- DORST Technologies GmbH & Co. KG
- Enerpac Tool Group Corp.
- Hefei Metalforming Intelligent Manufacturing Co. Ltd
- Japan Automatic Machine Co. Ltd.
- Yangli Group Corporation Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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