Global Hydraulic Press Market Assessment, By Press Type [H-frame Hydraulic Press, C-frame Hydraulic Press, Four-column Hydraulic Press, Hydraulic Wheel Press, Others], By Application [Forging, Molding, Punch], By End-user Industry [Aerospace, Manufacturing, Automotive, Construction, Metalwork, Others], By Region, Opportunities and Forecast, 2017-2031F

Global hydraulic press market is projected to witness a CAGR of 4.78% during the forecast period 2024-2031, growing from USD 20.02 billion in 2023 to USD 29.09 billion in 2031. 

Hydraulic Press Market Size, Share | Demand Forecast report 2031

Global hydraulic press market is projected to witness a CAGR of 4.78% during the forecast period 2024-2031, growing from USD 20.02 billion in 2023 to USD 29.09 billion in 2031. Hydraulic press machine combines efficiency and precision in the production of components. Industrial advances and trends include the advent of electro-hydraulic systems, smart hydraulics, and IoT integration. This further pushes the trend of energy efficiency and sustainability. Furthermore, the application of advanced materials and manufacturing techniques is adding value to the rapid innovation in the hydraulic press, leading to market growth.
Globally, hydraulic presses are the multipurpose foundation of many sectors, including aerospace and metallurgy. Press Master's machines can precisely shape and mold materials with hydraulic cylinders. These machines may perform various tasks, from small-scale operations to large-scale industrial projects. These operations are integrated with automated systems, comprising hydraulic presses along with the robots. As automation becomes more relevant, the demand for advanced hydraulic solutions is expected to rise. Innovations are projected to focus on improving the integration and performance of hydraulic systems within automated environments. Companies are focusing on combining technologies to deliver extensive results.
For instance, in November 2022, Beckwood Press Company launched a new Linear Servo Press line, Beckwood LSP. The product combines the flexibility of hydraulic presses and the performance of servo-mechanical presses, optimizing an all-electric actuation system. The press is developed using linear actuators to obtain the highest level of accuracy and efficiency for the most forming flexibility. Press line is one of the most customizable non-mechanical solutions, which has fully programmable locations, pressures, and speeds.
<h2 style="text-align: justify;">Higher Industrial Demand and Technological Advancements to Fuel Market Growth</h2>
The demand for automated, efficient, and heavy-duty equipment in industries including automobile, aerospace, and consumer goods has escalated the demand for hydraulic presses. These machines are being used in various industries, such as metal forming, stamping, and sub-pressing. As hydraulic presses are used in processes such as forming, forging, and assembly, they can cater to broad applications. Hybrid or all-electric presses are becoming competitive while new systems are smarter and more energy-efficient, reducing overall manufacturing costs and sustaining the environment. This fuels the demand for hydraulic press machines globally.
Some new and upcoming technologies are being adopted, including variable speed drives (VSDs) and energy recovery systems, which have been available to some manufacturers for a long time. Integration of smart automation technologies, such as servo presses, helps control complexity and accuracy in hydraulic press operations. Furthermore, remote monitoring and predictive maintenance capabilities equip 4.0 hydraulic press systems with continuous human input and support this initiative. Companies are enabling system integration with different technologies and delivering technically advanced hydraulic press machines.
For instance, in 2024, Bongioanni Macchine S.p.A. launched the 9th&nbsp;generation of hydraulic presses at the Ceramitec Exhibition. The new press comes with a pressing strength of 900 kN and a production capacity of 600 pieces per minute. Rexroth 22Kw variable displacement hydraulic pump integration allows for a significant reduction in the amount of oil needed for operation, improving sustainability requirements and cutting operating expenses.
<h2 style="text-align: justify;">Rapid Construction and Infrastructure Development to Propel Market Expansion</h2>
The challenges of rapid urbanization and infrastructure development, especially in emerging economies, have stirred up demand for heavy equipment machinery, including hydraulic presses for concrete forming equipment and structural components. As a result of capital spending by the public sector on infrastructure projects with advanced design and sizing, it is expected to adopt machinery, including hydraulic presses.
Industries, such as automotive manufacturing, depend on hydraulic presses to fabricate innovations where complex components are fabricated using hydraulic presses, ranging from structural parts functionally dynamic to body panels. With an increase in new projects undergoing vehicle production, additional manufacturing machinery for hydraulic presses is apparent in rural form. The progress towards an electric vehicle market requiring new components and manufacturing processes introduces a demand for hydraulic presses.
For instance, in February 2023, Specac Ltd. launched a new APEX 400 hydraulic press. The APEX 400 hydraulic press is engineered for repetitive use in high-throughput testing environments and can create sample pellets in steel rings, aluminum cups, or as unsupported pellets.
<h2 style="text-align: justify;">High Demand for Forged Components to Fuel the Forging Segment</h2>
Forging application is anticipated to lead the share of the global hydraulic press market. The automotive and aerospace industries require specialized components with high strength, leading to increased demand for forged parts, which are typically produced using hydraulic presses. Components that benefit from the forging process include crankshafts, gears, and structural parts. Hydraulic presses provide the amount of pressure and level of control necessary for effective forging operations, which is beneficial for manufacturers who require the ability to fabricate many parts in short time spans.
Mechanically applying pressure to achieve controlled variable levels for the precision shaping of materials is a crucial aspect of forging operations. Hydraulic presses can be used to forge a variety of metals, including steel, aluminum, and alloys, which allows them to be used in various forging applications. Modern hydraulic presses include functionality that allows for automated and real-time monitoring and adjustments, improving the overall efficiency and effectiveness of forging operations. Generally, there is less material waste when parts are forged compared to other processes, making forging one of the more cost-effective manufacturing options. Companies tend to offer products that offer sustainable solutions against industrial waste.
For instance, in February 2024, WEIMA Maschinenbau GmbH launched its PEUHLER C.200 hydraulic press for compacting shavings from CNC machining. This press allows for the automated task of draining and compacting loose chips in a single step, retrieving the fluids.
<h2 style="text-align: justify;">Asia-Pacific to Dominate Hydraulic Press Market Share</h2>
Asia-Pacific leads the share of the global hydraulic press market. Countries such as China, India, and Vietnam are experiencing significant industrial expansion, increasing the demand for hydraulic presses in various sectors such as automotive, aerospace, and construction. The region is home to major automotive manufacturers and suppliers, driving the demand for hydraulic presses used in the production of components such as body panels and engine parts. The region has abundant raw materials, supporting manufacturing processes and reducing costs for companies that produce hydraulic presses and their components.
Major automotive manufacturing in countries such as China, Japan, and South Korea are ramping up production to meet rising consumer demand, which directly increases the need for hydraulic presses used in component manufacturing. Modern vehicles consist of numerous components, which require precision manufacturing processes. The expanding automotive and aerospace industry is anticipated to garner regional growth.
For instance, in September 2024, the Indian government launched the Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) scheme. Managed by the Ministry of Heavy Industries, the initiative represents a significant step forward from the expiring Faster Adoption and Manufacturing of (Hybrid &amp;) Electric Vehicles&nbsp;(FAME) scheme and aims to accelerate the adoption of electric vehicles (EVs) across various segments.
<a href="https://www.marketsandata.com/industry-reports/hydraulic-press-market/sample-request">Download Free Sample Report</a>
Future Market Scenario (2024 &ndash; 2031F)
<ul style="text-align: justify;">
<li>Increased automation, including smart manufacturing and sustainable green technologies, is expected to add value to the market.</li>
<li>IoT integration and Industry 4.0 are expected to enable monitoring and data analysis to optimize the press&rsquo;s performance while increasing productivity.</li>
<li>The expansion of automotive and aerospace in emerging nations is projected to propel the sales of hydraulic press globally.</li>
<li>A major focus on customization and versatility is expected to add value to the market.</li>
</ul>
Report Scope
&ldquo;Hydraulic Press Market Assessment, Opportunities and Forecast, 2017-2031F&rdquo;,&nbsp;is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global hydraulic press market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.
<table>
<tbody>
<tr>
<td width="301">
Report Attribute
</td>
<td width="301">
Details
</td>
</tr>
<tr>
<td width="301">
Base Year of the Analysis
</td>
<td width="301">
2023
</td>
</tr>
<tr>
<td width="301">
Historical Period
</td>
<td width="301">
2017-2022
</td>
</tr>
<tr>
<td width="301">
Forecast Period
</td>
<td width="301">
2024-2031
</td>
</tr>
<tr>
<td width="301">
Projected Growth Rate
</td>
<td width="301">
CAGR of 4.78% between 2024 and 2031
</td>
</tr>
<tr>
<td width="301">
Revenue Forecast in 2031
</td>
<td width="301">
USD 29.09 billion
</td>
</tr>
<tr>
<td width="301">
Segments Covered
</td>
<td width="301">
Press Type, Application, End-use Industry
</td>
</tr>
<tr>
<td width="301">
Regions Covered
</td>
<td width="301">
North America, Europe, South America, Asia-Pacific, Middle East and Africa
</td>
</tr>
<tr>
<td width="301">
Key Companies Profile
</td>
<td width="301">
Schuler AG, Fujian Haiyuan Automatic Equipments Co., Ltd., Greenerd Press &amp; Machine Company Inc., PJ Hare Ltd, Actuant Corporation (Enerpac), French Oil Mill Machinery Co, Japan Automatic Machine Co. Ltd, Beckwood Corporation, Betenbender Manufacturing, Inc., Dorst Technologies GmbH &amp; Co. KG
</td>
</tr>
<tr>
<td width="301">
Customization Scope
</td>
<td width="301">
15% free report customization with purchase
</td>
</tr>
<tr>
<td width="301">
Pricing and Purchase Options
</td>
<td width="301">
Avail the customized purchase options to fulfill your precise research needs
</td>
</tr>
<tr>
<td width="301">
Delivery Format
</td>
<td width="301">
PDF and Excel through email (subject to the license purchased)
</td>
</tr>
</tbody>
</table>
In the report,&nbsp;global hydraulic press market&nbsp;has been segmented into the following categories:&nbsp;
<ul style="text-align: justify;">
<li>By Press Type
<ul>
<li>H-frame Hydraulic Press</li>
<li>C-frame Hydraulic Press</li>
<li>Four-column Hydraulic Press</li>
<li>Hydraulic Wheel Press</li>
<li>Others</li>
</ul>
</li>
<li>By Application
<ul>
<li>Forging</li>
<li>Molding</li>
<li>Punch</li>
</ul>
</li>
<li>By End-user Industry
<ul>
<li>Aerospace</li>
<li>Manufacturing</li>
<li>Automotive</li>
<li>Construction</li>
<li>Metalwork</li>
<li>Others</li>
</ul>
</li>
<li>By Region
<ul>
<li>North America</li>
<li>Europe</li>
<li>Asia-Pacific</li>
<li>South America</li>
<li>Middle East and Africa</li>
</ul>
</li>
</ul>
Key Players Landscape and Outlook
Key players in the global hydraulic press market are adopting diverse strategies to maintain competitive advantage and enhanced market share. They are focusing on innovation by investing in research and development to create advanced hydraulic press technologies, such as energy-efficient and automated systems. Strategic partnerships and collaborations with other manufacturers and technology firms are common, allowing for shared expertise and expanded product offerings. Additionally, players are increasingly targeting emerging markets in Asia-Pacific and Africa, where industrialization and manufacturing growth are driving market demand. Emphasizing after-sales service and customer support enhances brand loyalty, while customization options cater to specific industry needs, ensuring that manufacturers can meet diverse customer requirements effectively. These strategies collectively position key players for sustainable growth in a competitive landscape.
For instance, in September 2022, Schuler AG and its subsidiary, Farina Presse srl showcased a new range of equipment for forging, including hydraulic cold extrusion, ironing, and forging presses at Euroforge trade show in Bilbao, Spain.&nbsp; This list included knuckle-joint, eccentric, and crank presses. These press systems come with a press force of up to 16,000 tons.
Key Players Operating in Global Hydraulic Press Market are:
<ul style="text-align: justify;">
<li>Schuler AG</li>
<li>Fujian Haiyuan Automatic Equipments Co., Ltd.</li>
<li>Greenerd Press &amp; Machine Company Inc.</li>
<li>PJ Hare Ltd</li>
<li>Actuant Corporation (Enerpac)</li>
<li>French Oil Mill Machinery Co.</li>
<li>Japan Automatic Machine Co. Ltd.</li>
<li>Beckwood Corporation</li>
<li>Betenbender Manufacturing, Inc.</li>
<li>Dorst Technologies GmbH &amp; Co. KG</li>
</ul>
Markets and Data&rsquo;s reports answer the following questions:
<ul style="text-align: justify;">
<li>What is the current and future market size of the product/service in question globally or specific to different countries?</li>
<li>How are the markets divided into different product/service segments and the market size and growth of each segment?</li>
<li>What is the market potential of different product segments and their investment case?</li>
<li>How are the markets predicted to develop in the future and what factors will drive or inhibit growth?</li>
<li>What is the business environment and regulatory landscape specific to the product/service?</li>
</ul>
If you can't find what you're searching for or have any custom requirements for global hydraulic press market, you may approach our team at&nbsp;<a href="mailto:info@marketsandata.com">info@marketsandata.com</a>
&nbsp;

Global Hydraulic Press Market Assessment, Opportunities and Forecast, 2017-2031F

The global hydraulic press market is expected to experience growth due to a wide range of applications and end-users, new technological integrations, an expanding automotive industry with EV adoption, and components manufacturing.

FAQs

Industry Reports

Blogs

Case Studies

Industry News

Press Release

Infographics