Eccentric Press Market Size, Share, Growth, and Industry Growth by Type (C-type Eccentric Press, D-type Eccentric Press, H-type Eccentric Press, and Other) By Application (Electrical, Automobile, Electronic product, and Other), Regional Forecast To 2033
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ECCENTRIC PRESS MARKET OVERVIEW
The global eccentric press market is poised for significant growth, starting at approximately USD 1.19 billion in 2024, rising to USD 1.29 billion in 2025, and projected to reach USD 2.44 billion by 2033, with a CAGR of 8.3% from 2025 to 2033.
Eccentric presses operate with an eccentric mechanism. The machinery requires the conversion of circular motion into linear motion. The pressing technology used in an eccentric press to press a work piece through a several number of impact.
The major advantages of the machinery are used in several applications. The tool is used to perform a large number of different operations such as riveting, forming, bending, and hole-punching in sheet-metal of all sizes and shapes. The machine is cost-effective and performed several operations with its properties. The demand for the machinery is growing for its huge demand in electrical and electronic product, which is expected to fuel market growth in the upcoming years. High need for precious level of cutting and growing need to reduce unnecessary wastage is anticipated to accelerate market progress. Growing need for the machinery in automobile sector is projected to propel market growth. The machinery is extensively used for deburring, cutting, finishing, deep drawing. Such broad usage of the machinery is expected to foster market growth. The machines are usually used in ceramic tile production and it provides a very strong mechanical advantages with a high voltage. Increased industrial activities and rapid urbanization is anticipated to stimulate market progress. On the contrary, the machinery has short stroke length which is anticipated to halt product demand. Also, presence of cheaper machinery in the market is expected to limit market growth in the upcoming years.
COVID-19 IMPACT
Lower Need for The Equipment Across the Industries to Harm Market Growth
The sudden spread of COVID-19 pandemic affected several businesses. Lower need for the equipment across the industries due to closure of industrial activities to harm market progress. Further, huge need for lockdown restrictions minimized market progress. Also, increased need for human safety and social distance protocols to reduce market growth.
LATEST TRENDS
Growing Need for Machinery in Industrial Sector to Surge Market Progress
The machine has effective method of bending, molding, and punching metals. The machinery requires the conversion of circular motion into linear motion. The pressing technology used in an eccentric press to press a work piece through a several number of impact. Growing need for industrial activities and high need for effective cutting and edging methods is expected to drive market growth. The machinery is used in press applications for only a short stroke, which is estimated to drive market growth in the upcoming years. Rapid urbanization and growing industrialization is expected to drive market growth. Growing disposable income and huge investment by the market players is projected to surge market development.
ECCENTRIC PRESS MARKET SEGMENTATION
By Type Analysis
Based on type, the market is divided into C-type eccentric press, D-type eccentric press, H-type eccentric press, and other.
C-type eccentric press is expected to be the top part of type segmentation
By Application Analysis
Based on the application, the market is divided into electrical, automobile, electronic product, and other.
Electronic product is expected to be the top part of application segmentation.
DRIVING FACTORS
Growing Demand from Electrical and Electronic Product to Fuel Market Growth
The demand for the machinery is growing for its huge demand in electrical and electronic product, which is expected to fuel market growth in the upcoming years. High need for precious level of cutting and growing need to reduce unnecessary wastage is anticipated to accelerate market progress. Growing need for the machinery in automobile sector is projected to propel market growth. The machinery is extensively used for deburring, cutting, finishing, deep drawing. Such broad usage of the machinery is expected to foster market growth in the upcoming years.
Several Advantages of Machinery to Boost Market Progress
The major advantages of the machinery are used in several applications. The tool is used to perform a large number of different operations such as riveting, forming, bending, and hole-punching in sheet-metal of all sizes and shapes. The machine is cost-effective and performed several operations with its properties. The machinery is extensively used for deburring, cutting, finishing, deep drawing. Such broad usage of the machinery is expected to foster market growth. The machines are usually used in ceramic tile production and it provides a very strong mechanical advantages with a high voltage. Such advantages are expected to fuel market growth in the upcoming years.
RESTRAINING FACTORS
Short Stroke Length and Presence of Substitute to Harm Market Progress
The machinery has short stroke length which is anticipated to halt product demand. Also, presence of cheaper machinery in the market is expected to limit market growth in the upcoming years.
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ECCENTRIC PRESS MARKET REGIONAL INSIGHTS
Increased Demand for the Machinery in Automobile Sector in Asia Pacific to Drive Market Share
Asia Pacific is expected to account for several eccentric press market share owing to huge demand from automobile sector. The tool is used to perform a large number of different operations such as riveting, forming, bending, and hole-punching in sheet-metal of all sizes and shapes. The machine is cost-effective and performed several operations with its properties. The demand for the machinery is growing for its huge demand in electrical and electronic product, which is expected to fuel market growth in the upcoming years. High need for precious level of cutting and growing need to reduce unnecessary wastage is anticipated to accelerate market progress. Growing need for the machinery in automobile sector is projected to propel market growth. The machinery is extensively used for deburring, cutting, finishing, deep drawing. Such broad usage of the machinery is expected to foster market growth.
KEY INDUSTRY PLAYERS
Leading Players Adopt New Strategies to Stay Competitive
The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Top Eccentric Press Companies
- MAWI GmbH (Germany)
- Africa Supplies (South Africa)
- Ulbrich GmbH (Germany)
- Mossini (Italy)
- SMS group (India)
- Strojimport (Germany)
- Yingxin World Machinery (China)
- Atis Makina (Turkey)
- Hensel India Private Limited (India)
- Achatas (India)
- Bayer Machines (Germany)
- EMG (United Arab Emiratis)
REPORT COVERAGE
This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
Attributes | Details |
---|---|
Market Size Value In |
US$ 1.19 Billion in 2024 |
Market Size Value By |
US$ 2.44 Billion by 2033 |
Growth Rate |
CAGR of 8.3% from 2024 to 2033 |
Forecast Period |
2025-2033 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
|
By Type
|
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By Application
|
FAQs
The global eccentric press market is expected to touch USD 2.44 billion by 2033.
The eccentric press market is expected to exhibit a CAGR of 8.3% over forecast period.
The leading region in the eccentric press market is Asia Pacific.
The drivers of the eccentric press market are growing demand from electrical and electronic product and several advantages of machinery.
MAWI GmbH, Africa Supplies, Ulbrich GmbH, Mossini, SMS group, Strojimport, Yingxin World Machinery, Atis Makina, Hensel India Private Limited, Achatas, Bayer Machines, and EMG are the key player or most dominating companies functioning in the eccentric press market.