Electromechanical Joining Servo Press Market Forecast and Growth 2031

Electromechanical Joining Servo Press Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Stroke (Upto 100 mm, 101-200 mm, 201-400 mm, 401-600 mm and Above 601 mm), Application (Automotive Industry, Electric and Electronic Industry, Medical Device Manufacturing and Others), and Geography

  • Report Code : TIPRE00039388
  • Category : Manufacturing and Construction
  • Status : Published
  • No. of Pages : 144
Buy Now

The electromechanical joining servo press market size is projected to reach US$ 216.36 million by 2031 from US$ 138.02 million in 2023. The market is expected to register a CAGR of 5.8% during 2023–2031. Continuous growth in the electronic and electrical industry are likely to bring new key trends in the market in the coming years.

Electromechanical Joining Servo Press Market Analysis

Press drives generate high force using a pneumatic pressure intensifier and hydraulic cylinder; as a result, servo press drives are being used as this equipment requires less energy, is easy to program and set up, and does not require high oil and air pressure in the production environment. In modern automated automotive manufacturing facilities, the use of pneumatic/hydraulic press drives has dropped to less than 40% due to the higher weight of such devices. Electromechanical joining servo press systems are increasingly replacing conventional hydraulic or pneumo-hydraulic systems. Electromechanical joining systems offer maximum energy efficiency, reduce CO2 emissions, and significantly reduce operating costs. The use of electromechanical joining servo presses in joining operations is becoming increasingly popular compared to the traditional hydraulic systems owing to their energy-saving benefits and forming capabilities. Reducing energy consumption and material waste contributes to CO2 reduction and helps manufacturers achieve a balance between carbon emission and absorption. Manufacturers in the automotive, aerospace, electrical, medical devices, and consumer electronics industries have benefited from the automation of mass production and the associated efficiency gains. Consumers, OEMs, and government across the globe are demanding more sustainable production processes in the entire value chain, and a product's ecological footprint is becoming an important factor for buyers. Also, government incentives aimed at promoting the adoption of sustainable production processes is fueling the demand for electromechanical servo presses which in turn have increased investments by the companies.

Electromechanical Joining Servo Press Market Overview

The electromechanical joining servo press equipment integrates advanced technology to enhance precision, efficiency, and sustainability in various applications. These servo presses utilize electric motors to control the joining process, offering significant advantages over traditional hydraulic systems, such as reduced energy consumption, lower maintenance costs, and improved process control. Servo presses are sophisticated electromechanical joining systems utilized to create a variety of joints through processes including press-fitting, caulking, riveting, embossing, and clinching. These systems are effective in both automated production environments and manual workstations. In the automotive sector, servo presses are extensively employed for diverse applications such as assembling new energy vehicles (NEVs), engines, transmissions, steering systems, chassis components, brakes, injection pumps, and airbags. Servo presses are also integral to the assembly of various electric motors, including those used in windshield wipers. Moreover, these systems find significant use in the medical devices sector, where precision is critical, as well as in the electronics industry for assembling intricate components.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Electromechanical Joining Servo Press Market: Strategic Insights

electromechanical-joining-servo-press-market
Analyst Image

Naveen

Have a question?

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst

Electromechanical Joining Servo Press Market Drivers and Opportunities

Increased vehicle production and sales

The global demand for vehicles is growing notably since 2021. As per the data provided by the International Organization of Motor Vehicle Manufacturers in 2023, the overall global sales of vehicles increased from 82.87 million units in 2022 to 92.72 million units in 2023. In addition, the highest vehicle sales growth was registered in Europe, with a growth rate of 18.7% from 2022 to 2023. The production of buses and coaches increased from 0.25 million units in 2022 to 0.31 million units in 2023, while heavy truck production grew from 3.31 million units in 2022 to 3.77 million units in 2023.

Digitalization and Integration of Advanced Technologies

The importance of efficient and cost-effective manufacturing operations is increasing with the growing demand for process automation across the manufacturing sector. Automated manufacturing processes and high-end technologies such as computer numerical control (CNC) offer several advantages over traditional manual manufacturing techniques. By integrating computer-aided design (CAD) and computer-aided manufacturing (CAM) systems with automated manufacturing processes, tasks such as press-fitting, caulking, riveting, embossing, clinching, and joining can be streamlined and automated while improving production and overall efficiency. Automated processes can also enhance the quality of products by minimizing errors and differences associated with manual production.

Electromechanical Joining Servo Press Market Report Segmentation Analysis

Key segments that contributed to the derivation of the electromechanical joining servo press market analysis are distribution channel, product, and vehicle type.

  • Based on stoke, the electromechanical joining servo press market is divided into upto 100 mm, 101–200 mm, 201–400 mm, 401–600 mm, and above 601 mm. The 101–200 mm segment held a larger share of the market in 2023.
  • Based on application, the market is categorized into automotive industry, electric and electronic industry, medical device manufacturing and others. The automotive industry segment dominated the market in 2023.

Electromechanical Joining Servo Press Market Share Analysis

The geographic scope of the electromechanical joining servo press market report offers a detailed global analysis. North America, Europe, and Asia Pacific are major regions witnessing significant growth in the electromechanical joining servo press market.

Asia Pacific holds a key position in the electromechanical joining servo press market owing to its strong industrial base and technological advancements. China dominates the market in this region. The presence of industries such as automotive, electrical & electronics, and medical devices manufacturing is fueling the demand for electromechanical joining servo presses in joining operations in Asia Pacific. Moreover, the electromechanical joining servo presses offer various benefits such as enhanced product quality and plant productivity, reduced operating costs, high energy efficiency, carbon emission reduction, etc. North America accounted for a significant share of the electromechanical joining servo press market owing to the presence of key manufacturing economies, including the US, Canada, and Mexico. The US is the second largest manufacturing powerhouse after China; it accounted for ~16% of the total manufacturing output in the world in 2023. In addition, Canada and Mexico are contributing toward the growth of the electromechanical joining servo press market in North America, with the rise in investment in establishing manufacturing bases for automotive, electronics, domestic appliances, power tools, and medical devices in these countries. In addition, as per the OICA, commercial vehicle sales in North America increased by 14.2% from 1.33 million units in 2022 to 1.52 million units in 2023. Such a rise in commercial vehicle sales is expected to boost the market growth in the coming years. Moreover, the strong focus on research and development, automation, and digitalization in the manufacturing sector in the US is fueling the demand for electromechanical joining servo press.

Europe holds a significant share of the electromechanical joining servo press market. The region is known for its well-established manufacturing facilities, including automotive, aerospace, electronics & electrical, and medical device manufacturing, among others. These industries rely heavily on these types of servo presses to achieve high precision and efficiency in their joining operations, driving the electromechanical joining servo press market. Germany is a major market in Europe, known for its technologically advanced engineering and manufacturing capabilities with the presence of established automotive sector in the country. As per the insights from OICA, the new registration of vehicles (all types) in Europe increased from 16.71 million units in 2022 to 17.9 million units in 2023, which, in turn, is projected to boost the demand for electromechanical joining servo press in automotive component production in the coming years. The Middle East and Africa and South America also contributed to the electromechanical joining servo press market growth owing to the growing investment in automotive sales, electronics & electrical, medical equipment manufacturing plants in the regions.

Electromechanical Joining Servo Press Market Report Scope

Electromechanical Joining Servo Press Market News and Recent Developments

The electromechanical joining servo press market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the electromechanical joining servo press market are listed below:

  • BTM Europe's joining technology experts and specialized machine builders are providing their customers with a complete system that uses clinching technology to manufacture aluminum transport boxes. The new system makes use of the NCFC electromechanical joining module from Kistler, which combines compact dimensions, flexibility, and precision – including sensor-based process control and monitoring. (Source: BTM, Press Release, March 2023)
  • TOX PRESSOTECHNIK are now providing a solution with the servo presses from the ElectricDrive Core series: They correspond to air purity class 5 in accordance with ISO 14644-1. (Source: TOX PRESSOTECHNIK, Press Release, March 2023)

Electromechanical Joining Servo Press Market Report Coverage and Deliverables

The "Electromechanical Joining Servo Press Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

  • Electromechanical joining servo press market size and forecast at country levels for all the key market segments covered under the scope
  • Electromechanical joining servo press market trends, as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed PEST and SWOT analysis
  • Electromechanical joining servo press market analysis covering key market trends, country framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the electromechanical joining servo press market
  • Detailed company profiles
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


Which region dominated the global electromechanical joining servo press market in 2023?

The Asia Pacific dominated the global electromechanical joining servo press market in 2023.

What are the driving factors impacting the global electromechanical joining servo press market?

Increasing adoption of electromechanical joining servo press systems and surge in vehicle production and sales are the driving factors in the market.

What are the future trends of the global electromechanical joining servo press market?

Growing electrical and electronics sector across the globe is the key future trend of the Global electromechanical joining servo press market.

Which are the leading players operating in the global electromechanical joining servo press market?

RARUK Automation Ltd.; Kistler; Janome; IAI Industrieroboter GmbH; Coretec; Dai-Ichi Dentsu Ltd.; HIKI TEC., JSC.; SCHMIDT Technology GmbH; TOX PRESSOTECHNIK GmbH & Co. KG; and PROMESS INC. are the leading players operating in the global electromechanical joining servo press market.

What would be the estimated value of the global electromechanical joining servo press market by 2031?

The estimated value of the global electromechanical joining servo press market by 2031 is US$ 216.36 million.

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research

3.2 Primary Research

3.2.1 Hypothesis formulation:

3.2.2 Macro-economic factor analysis:

3.2.3 Developing base number:

3.2.4 Data Triangulation:

3.2.5 Country level data:

4. Electromechanical Joining Servo Press Market Landscape

4.1 Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.3.1 List of Vendors in the Value Chain

5. Electromechanical Joining Servo Press Market – Key Market Dynamics

5.1 Electromechanical Joining Servo Press Market – Key Market Dynamics

5.2 Market Drivers

5.2.1 Increasing Adoption of Electromechanical Joining Servo Press Systems

5.2.2 Surge in Vehicle Production and Sales

5.3 Market Restraints

5.3.1 High Initial Investment and Additional Costs

5.4 Market Opportunities

5.4.1 Growing Demand for Energy Efficiency in Manufacturing

5.4.2 Digitalization and Integration of Advanced Technologies

5.5 Future Trends

5.5.1 Growing Electrical and Electronics Sectors

5.6 Impact of Drivers and Restraints:

6. Electromechanical Joining Servo Press Market – Global Market Analysis

6.1 Electromechanical Joining Servo Press Market Revenue (US$ Million), 2021–2031

6.2 Electromechanical Joining Servo Press Market Forecast Analysis

7. Electromechanical Joining Servo Press Market Analysis – by Stroke

7.1 Upto 100 mm

7.1.1 Overview

7.1.2 Upto 100 mm: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

7.2 101-200 mm

7.2.1 Overview

7.2.2 101-200 mm: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

7.3 201-400 mm

7.3.1 Overview

7.3.2 201-400 mm: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

7.4 401-600 mm

7.4.1 Overview

7.4.2 401-600 mm: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

7.5 Above 601 mm

7.5.1 Overview

7.5.2 Above 601 mm: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

8. Electromechanical Joining Servo Press Market Analysis – by Application

8.1 Automotive Industry

8.1.1 Overview

8.1.2 Automotive Industry: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

8.2 Electric and Electronic Industry

8.2.1 Overview

8.2.2 Electric and Electronic Industry: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

8.3 Medical Device Manufacturing

8.3.1 Overview

8.3.2 Medical Device Manufacturing: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

8.4 Others

8.4.1 Overview

8.4.2 Others: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9. Electromechanical Joining Servo Press Market – Geographical Analysis

9.1 Overview

9.2 North America

9.2.1 North America Electromechanical Joining Servo Press Market Overview

9.2.2 North America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.2.3 North America: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.2.3.1 North America: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Stroke

9.2.4 North America: Electromechanical Joining Servo Press Market Breakdown, by Application

9.2.4.1 North America: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Application

9.2.5 North America: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Country

9.2.5.1 North America: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Country

9.2.5.2 United States: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.2.5.2.1 United States: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.2.5.2.2 United States: Electromechanical Joining Servo Press Market Breakdown, by Application

9.2.5.3 Canada: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.2.5.3.1 Canada: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.2.5.3.2 Canada: Electromechanical Joining Servo Press Market Breakdown, by Application

9.2.5.4 Mexico: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.2.5.4.1 Mexico: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.2.5.4.2 Mexico: Electromechanical Joining Servo Press Market Breakdown, by Application

9.3 Europe

9.3.1 Europe Electromechanical Joining Servo Press Market Overview

9.3.2 Europe: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.3.3 Europe: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.3.3.1 Europe: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Stroke

9.3.4 Europe: Electromechanical Joining Servo Press Market Breakdown, by Application

9.3.4.1 Europe: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Application

9.3.5 Europe: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Country

9.3.5.1 Europe: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Country

9.3.5.2 Germany: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.3.5.2.1 Germany: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.3.5.2.2 Germany: Electromechanical Joining Servo Press Market Breakdown, by Application

9.3.5.3 France: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.3.5.3.1 France: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.3.5.3.2 France: Electromechanical Joining Servo Press Market Breakdown, by Application

9.3.5.4 Italy: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.3.5.4.1 Italy: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.3.5.4.2 Italy: Electromechanical Joining Servo Press Market Breakdown, by Application

9.3.5.5 United Kingdom: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.3.5.5.1 United Kingdom: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.3.5.5.2 United Kingdom: Electromechanical Joining Servo Press Market Breakdown, by Application

9.3.5.6 Russia: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.3.5.6.1 Russia: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.3.5.6.2 Russia: Electromechanical Joining Servo Press Market Breakdown, by Application

9.3.5.7 Rest of Europe: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.3.5.7.1 Rest of Europe: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.3.5.7.2 Rest of Europe: Electromechanical Joining Servo Press Market Breakdown, by Application

9.4 Asia Pacific

9.4.1 Asia Pacific Electromechanical Joining Servo Press Market Overview

9.4.2 Asia Pacific: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.4.3 Asia Pacific: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.4.3.1 Asia Pacific: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Stroke

9.4.4 Asia Pacific: Electromechanical Joining Servo Press Market Breakdown, by Application

9.4.4.1 Asia Pacific: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Application

9.4.5 Asia Pacific: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Country

9.4.5.1 Asia Pacific: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Country

9.4.5.2 Australia: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.4.5.2.1 Australia: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.4.5.2.2 Australia: Electromechanical Joining Servo Press Market Breakdown, by Application

9.4.5.3 China: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.4.5.3.1 China: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.4.5.3.2 China: Electromechanical Joining Servo Press Market Breakdown, by Application

9.4.5.4 India: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.4.5.4.1 India: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.4.5.4.2 India: Electromechanical Joining Servo Press Market Breakdown, by Application

9.4.5.5 Japan: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.4.5.5.1 Japan: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.4.5.5.2 Japan: Electromechanical Joining Servo Press Market Breakdown, by Application

9.4.5.6 South Korea: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.4.5.6.1 South Korea: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.4.5.6.2 South Korea: Electromechanical Joining Servo Press Market Breakdown, by Application

9.4.5.7 Rest of APAC: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.4.5.7.1 Rest of APAC: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.4.5.7.2 Rest of APAC: Electromechanical Joining Servo Press Market Breakdown, by Application

9.5 Middle East and Africa

9.5.1 Middle East and Africa Electromechanical Joining Servo Press Market Overview

9.5.2 Middle East and Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.5.3 Middle East and Africa: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.5.3.1 Middle East and Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Stroke

9.5.4 Middle East and Africa: Electromechanical Joining Servo Press Market Breakdown, by Application

9.5.4.1 Middle East and Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Application

9.5.5 Middle East and Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Country

9.5.5.1 Middle East and Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Country

9.5.5.2 South Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.5.5.2.1 South Africa: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.5.5.2.2 South Africa: Electromechanical Joining Servo Press Market Breakdown, by Application

9.5.5.3 Saudi Arabia: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.5.5.3.1 Saudi Arabia: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.5.5.3.2 Saudi Arabia: Electromechanical Joining Servo Press Market Breakdown, by Application

9.5.5.4 United Arab Emirates: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.5.5.4.1 United Arab Emirates: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.5.5.4.2 United Arab Emirates: Electromechanical Joining Servo Press Market Breakdown, by Application

9.5.5.5 Rest of Middle East and Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.5.5.5.1 Rest of Middle East and Africa: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.5.5.5.2 Rest of Middle East and Africa: Electromechanical Joining Servo Press Market Breakdown, by Application

9.6 South America

9.6.1 South America Electromechanical Joining Servo Press Market Overview

9.6.2 South America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.6.3 South America: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.6.3.1 South America: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Stroke

9.6.4 South America: Electromechanical Joining Servo Press Market Breakdown, by Application

9.6.4.1 South America: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Application

9.6.5 South America: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Country

9.6.5.1 South America: Electromechanical Joining Servo Press Market – Revenue and Forecast Analysis – by Country

9.6.5.2 Brazil: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.6.5.2.1 Brazil: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.6.5.2.2 Brazil: Electromechanical Joining Servo Press Market Breakdown, by Application

9.6.5.3 Argentina: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.6.5.3.1 Argentina: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.6.5.3.2 Argentina: Electromechanical Joining Servo Press Market Breakdown, by Application

9.6.5.4 Rest of South America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

9.6.5.4.1 Rest of South America: Electromechanical Joining Servo Press Market Breakdown, by Stroke

9.6.5.4.2 Rest of South America: Electromechanical Joining Servo Press Market Breakdown, by Application

10. Competitive Landscape

10.1 Heat Map Analysis

10.2 Company Positioning & Concentration

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 Product Development

11.4 Mergers & Acquisitions

12. Company Profiles

12.1 RARUK Automation Ltd

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Kistler Group

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 JANOME Corporation

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 IAI Industrieroboter GmbH

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 CORETEC Inc.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Dai-ichi Dentsu Ltd.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Bosch Rexroth AG

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 SCHMIDT Technology GmbH

12.8.1 Key Facts

12.8.2 Business Description

12.8.2.1 Products and Services

12.8.3 Financial Overview

12.8.4 SWOT Analysis

12.8.5 Key Developments

12.9 TOX PRESSOTECHNIK GmbH & Co.KG

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 PROMESS INC.

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

List of Tables

Table 1. Electromechanical Joining Servo Press Market Segmentation

Table 2. List of Vendors

Table 3. Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

Table 4. Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million) – by Stroke

Table 5. Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million) – by Application

Table 6. North America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 7. North America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 8. North America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Country

Table 9. United States: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 10. United States: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 11. Canada: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 12. Canada: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 13. Mexico: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 14. Mexico: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 15. Europe: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 16. Europe: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 17. Europe: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Country

Table 18. Germany: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 19. Germany: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 20. France: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 21. France: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 22. Italy: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 23. Italy: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 24. United Kingdom: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 25. United Kingdom: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 26. Russia: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 27. Russia: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 28. Rest of Europe: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 29. Rest of Europe: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 30. Asia Pacific: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 31. Asia Pacific: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 32. Asia Pacific: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Country

Table 33. Australia: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 34. Australia: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 35. China: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 36. China: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 37. India: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 38. India: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 39. Japan: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 40. Japan: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 41. South Korea: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 42. South Korea: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 43. Rest of APAC: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 44. Rest of APAC: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 45. Middle East and Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 46. Middle East and Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 47. Middle East and Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Country

Table 48. South Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 49. South Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 50. Saudi Arabia: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 51. Saudi Arabia: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 52. United Arab Emirates: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 53. United Arab Emirates: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 54. Rest of Middle East and Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 55. Rest of Middle East and Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 56. South America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 57. South America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 58. South America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Country

Table 59. Brazil: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 60. Brazil: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 61. Argentina: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 62. Argentina: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

Table 63. Rest of South America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Stroke

Table 64. Rest of South America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million) – by Application

List of Figures

Figure 1. Electromechanical Joining Servo Press Market Segmentation, by Geography

Figure 2. PEST Analysis

Figure 3. Impact Analysis of Drivers and Restraints

Figure 4. Electromechanical Joining Servo Press Market Revenue (US$ Million), 2021–2031

Figure 5. Electromechanical Joining Servo Press Market Share (%) – by Stroke (2023 and 2031)

Figure 6. Upto 100 mm: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

Figure 7. 101-200 mm: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

Figure 8. 201-400 mm: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

Figure 9. 401-600 mm: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

Figure 10. Above 601 mm: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

Figure 11. Electromechanical Joining Servo Press Market Share (%) – by Application (2023 and 2031)

Figure 12. Automotive Industry: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

Figure 13. Electric and Electronic Industry: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

Figure 14. Medical Device Manufacturing: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

Figure 15. Others: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031 (US$ Million)

Figure 16. Electromechanical Joining Servo Press Market Breakdown by Region, 2023 and 2031 (%)

Figure 17. North America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 18. North America: Electromechanical Joining Servo Press Market Breakdown, by Stroke (2023 and 2031)

Figure 19. North America: Electromechanical Joining Servo Press Market Breakdown, by Application (2023 and 2031)

Figure 20. North America: Electromechanical Joining Servo Press Market Breakdown, by Key Countries, 2023 and 2031 (%)

Figure 21. United States: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 22. Canada: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 23. Mexico: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 24. Europe: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 25. Europe: Electromechanical Joining Servo Press Market Breakdown, by Stroke (2023 and 2031)

Figure 26. Europe: Electromechanical Joining Servo Press Market Breakdown, by Application (2023 and 2031)

Figure 27. Europe: Electromechanical Joining Servo Press Market Breakdown, by Key Countries, 2023 and 2031 (%)

Figure 28. Germany: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 29. France: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 30. Italy: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 31. United Kingdom: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 32. Russia: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 33. Rest of Europe: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 34. Asia Pacific: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 35. Asia Pacific: Electromechanical Joining Servo Press Market Breakdown, by Stroke (2023 and 2031)

Figure 36. Asia Pacific: Electromechanical Joining Servo Press Market Breakdown, by Application (2023 and 2031)

Figure 37. Asia Pacific: Electromechanical Joining Servo Press Market Breakdown, by Key Countries, 2023 and 2031 (%)

Figure 38. Australia: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 39. China: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 40. India: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 41. Japan: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 42. South Korea: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 43. Rest of APAC: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 44. Middle East and Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 45. Middle East and Africa: Electromechanical Joining Servo Press Market Breakdown, by Stroke (2023 and 2031)

Figure 46. Middle East and Africa: Electromechanical Joining Servo Press Market Breakdown, by Application (2023 and 2031)

Figure 47. Middle East and Africa: Electromechanical Joining Servo Press Market Breakdown, by Key Countries, 2023 and 2031 (%)

Figure 48. South Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 49. Saudi Arabia: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 50. United Arab Emirates: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 51. Rest of Middle East and Africa: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 52. South America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 53. South America: Electromechanical Joining Servo Press Market Breakdown, by Stroke (2023 and 2031)

Figure 54. South America: Electromechanical Joining Servo Press Market Breakdown, by Application (2023 and 2031)

Figure 55. South America: Electromechanical Joining Servo Press Market Breakdown, by Key Countries, 2023 and 2031 (%)

Figure 56. Brazil: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 57. Argentina: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 58. Rest of South America: Electromechanical Joining Servo Press Market – Revenue and Forecast to 2031(US$ Million)

Figure 59. Heat Map Analysis

Figure 60. Company Positioning & Concentration

The List of Companies - Electromechanical Joining Servo Press Market 

  • RARUK Automation Ltd.
  • Kistler
  • Janome
  • IAI Industrieroboter GmbH
  • Coretec
  • Dai-Ichi Dentsu Ltd
  • HIKI TEC.
  • JSC.
  • SCHMIDT Technology GmbH
  • TOX PRESSOTECHNIK GmbH & Co. KG
  • PROMESS INC. 

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Electromechanical Joining Servo Press Market