Stratview Research has launched a new report, titled The Powder Compacting Pressers Market is Segmented by Product Type (Hydraulic, Electric, Hybrid, Mechanical, and Servo-hydraulic), by Application Type (Powder Metallurgy, Ceramic & Cement, Carbon & Carbide, and Others), by End-Use Type (Automotive, Machining, Energy & Electricity, Equipment, Medical, Military, Construction, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)

Covid-19 Impact Analysis:

Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.

According to the report, Powder Compacting Pressers market is likely to witness a CAGR of 3.5% during the forecast period. Powder compacting is a compression molding process that forms complex shapes from ceramic, composite, metallic, PTFE, and other powder compounds employing a press (which is usually a hydraulic one). The powder compacting pressers market is driven by a surge in demand for Internet of Things (IoT) in automobile production, owing to its ability to provide improved efficiency by optimizing the manufacturing processes.

Market Segments’ Analysis

Based on the product type, the market is segmented as hydraulic, electric, hybrid, mechanical, and servo-hydraulic. Mechanical powder compacting pressers dominated the market and accounted for around 45% share of the global revenue in 2021. The segment is estimated to maintain its incontestable lead during the forecast period as mechanical powder compacting pressers are suitable for large-scale production, providing one of the fastest production speeds. 

Based on the application type, the market is segmented as powder metallurgy, ceramic & cement, carbon & carbide, and others. The powder metallurgy application segment ruled the market in 2021, and is expected to continue its leading position over the forecast period. Powder metallurgy has reduced machining costs and the amount of material used. Furthermore, powder metallurgy has proved effective in providing uniformity in the components, resulting in lower operational costs.

In terms of regions, North America dominated the market in 2021, accounting for 37.8% share of the global revenue. The region is expected to maintain its irrefutable lead during the forecast period as well. The growth of the regional market is likely to be driven by factors such as the presence of key competitors in the region and increasing consumers’ spending ability. The presence of major government and private aerospace companies, coupled with high defense spending in the U.S., is expected to bolster the demand for powder compacting pressers over the forecast period in the North American region.

Key Players

The following are the key players in the Powder Compacting Pressers Market

  • Osterwalder AG
  • MaschinenfabrikLauffer GmbH & Co.KG
  • Gasbarre Products, Inc.
  • Ajax CECO Erie Press
  • Beckwood Press
  • DORST Technologies GmbH & Co. KG
  • Cincinnati Incorporated
  • Nanjing East Precision Machinery CO., LTD.
  • Santec Exim Pvt. Ltd
  • SACMI IMOLA S.C.

Frequently Asked Questions –

This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:

  • What is the current and future market size of Powder Compacting Pressers Market?
  • How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?
  • What will be the short and long-term effects of the pandemic?
  • How are other market factors affecting the market dynamics?
  • Which segments offer high-growth opportunities in the long run?
  • How fierce is the Powder Compacting Pressers Market competition?
  • What are the key emerging trends and unmet needs in the present market?
  • What are the strategic growth opportunities and key success factors?

Read the full report: https://www.stratviewresearch.com/2443/Powder-Compacting-Pressers-Market.html

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