Digital servo press is a type of press that uses servo motors for driving and control. It utilizes the numerical control characteristics of servo motors to achieve precise programming of the slider motion process through electrical control, including stroke, speed, pressure, etc. This type of press has the advantages of energy saving, environmental protection, and intelligence, and is widely used in various industries.

Market Development Status Analysis and Prospect Trend Prediction

As the third generation of intelligent forming equipment, digital servo presses are gradually replacing traditional presses and achieving the upgrading of presses. In recent years, the rising global labor costs and the trend of manufacturing towards industrial automation have driven the market demand for digital servo presses, and their market size has steadily expanded. According to our research data, the estimated global digital servo press market size in 2024 is $1992 million, an increase of 6.79% compared to 2023.

In the future, with the continuous advancement of servo system technology, the performance of digital servo presses will be improved, which will bring new growth momentum to the market. It is expected that by 2029, the market size of digital servo presses will increase to $2849 million. The CAGR for 2024-2029 is estimated to be 7.42%. From the perspective of development trends, intelligence, integration, and modularization will become the main development trends in the digital servo press market.

Segmented Market Analysis

From the perspective of product types, digital servo presses can be roughly divided into several categories based on the magnitude of torque: torque less than 10KN, torque between 100KN and 200KN, and torque greater than 200KN. Among them, the subdivision type of digital servo press with torque less than 100KN dominates, with an estimated market share of 54.95% in 2024.

From the perspective of downstream applications, as an efficient and high-precision manufacturing equipment, digital servo presses have a wide range of applications in fields such as automotive, electronics, aerospace, and precision machinery. Among them, the automotive industry is the largest downstream application market for digital servo presses, with an estimated application share of 37.88% in 2024.

Source: www.globalmarketmonitor.com

Analysis of Market Competition Pattern

From the perspective of market competition, the concentration of the global digital servo press market is extremely low. Data shows that in 2023, the top 3 companies in the digital servo press market generated a total revenue of $153 million, with a total revenue share of only 8.22%. The top 3 companies were Komatsu America Industries, AMADA MACHINE TOOLS, and Dai ichi Dentsu Ltd. In 2023, these three companies accounted for 2.90%, 2.80%, and 2.52% of the global market revenue in the digital servo press market, respectively.

Companies	Market Revenue (Million USD)	Revenue Share
Komatsu America Industries	54	2.90%
AMADA MACHINE TOOLS	52	2.80%
Dai-ichi Dentsu Ltd.	47	2.52%
Top3 Companies	153	8.22%