Digital Servo Press Global Market Report 2024

A servo press, specifically a digital servo press, is a type of press that utilizes a servo motor for driving and control. This technology is employed in shaping metal sheets with low formability, particularly useful for deeper or challenging drawing tasks. The power for this press is derived from the servo motor or, alternatively, through a gearbox.

The primary types of motors employed in digital servo presses are continuous rotation, linear rotation, and positional rotation. A continuous rotation servo motor has the capability to rotate indefinitely in any direction, commonly found in applications like radar dishes. These servo presses come in various force ranges, including less than 100KN, 100KN–200KN, and more than 200KN, and find applications across different industries such as automotive, electronics, aerospace, and more.

The digital servo press research report is one of a series of new reports that provides digital servo press statistics, including digital servo press industry global market size, regional shares, competitors with digital servo press share, detailed digital servo press segments, market trends and opportunities, and any further data you may need to thrive in the digital servo press industry. This digital servo press research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The digital servo press market size has grown rapidly in recent years. It will grow from $2.51 billion in 2023 to $2.82 billion in 2024 at a compound annual growth rate (CAGR) of 12.3%. The growth observed in the historic period for digital servo presses can be linked to the increased demand for precision and high-quality manufacturing. This demand arises from the need for enhanced control and monitoring in manufacturing processes, coupled with the growing adoption of automation in various manufacturing industries. Additionally, the expansion of electronics and semiconductor manufacturing has contributed to the prominence of servo presses, especially in applications related to automotive manufacturing.

The digital servo press market size is expected to see rapid growth in the next few years. It will grow to $4.39 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The anticipated growth in the forecast period for digital servo presses can be ascribed to several factors. This includes an increased focus on aerospace and medical device manufacturing, as well as the expanding market in emerging economies and developing regions. The demand for miniaturization and micro-assembly in the electronics sector is expected to drive the adoption of digital servo presses. Additionally, there is a trend towards customization and specialization of these presses for unique applications. The growing adoption of electric and hybrid vehicles is also contributing to the demand for servo presses. Notable trends in the forecast period involve the incorporation of advanced motion control algorithms, the integration of force and position monitoring sensors, the implementation of smart HMI (human-machine interface) systems, the integration with vision systems, the use of energy-efficient servo drive systems, and collaborative robot (cobot) integration.

The digital servo press market is experiencing substantial growth, primarily driven by heightened demand from the automotive industry. This sector, encompassing companies engaged in the design and manufacture of motor vehicles and components, extensively utilizes digital servo press machines in the high-volume production and assembly of various vehicle parts. Projections from LMC Automotive, a leading automotive industry information provider, estimate a global sale of over 111 million cars by 2032. This surge in automotive demand is a key factor propelling the expansion of the digital servo press market as these machines play a crucial role in efficient and precise manufacturing processes within the automotive sector.

Anticipated growth in the electric vehicle (EV) market is poised to further boost the digital servo press market. Electric vehicles, powered by electric motors drawing energy from batteries, are witnessing increased demand, necessitating advanced manufacturing processes. Digital servo press machines are instrumental in extending the forming limit and enhancing production precision, particularly crucial for the production of components integral to electric vehicles. Notably, in September 2022, the International Energy Agency reported a significant surge in electric vehicle sales, nearly doubling to 6.6 million in 2021 compared to the previous year, resulting in a total of 16.5 million electric vehicles on the road. This upswing in demand for electric vehicles directly contributes to the growth trajectory of the digital servo press market.

Innovation stands out as a key driver in the digital servo press market, with major players focusing on advancements in product technology. This strategic emphasis on innovation aims to create energy-efficient and high-speed digital servo press machines. A notable example is AIDA Engineering Ltd., a Japan-based machine manufacturing company, which introduced a cutting-edge 4000 kN 2-point servo press in May 2021. This press incorporates an artificial intelligence learning feature that autonomously diagnoses the press's condition. Notable characteristics of this innovation include enhanced speed, coupled with AIDA’s factory automation, resulting in increased overall productivity of the press. Product innovations like these underscore the dynamic nature of the digital servo press market and its commitment to staying at the forefront of technological advancements.

Prominent companies in the digital servo press sector are strategically prioritizing technological advancements, exemplified by innovations like Sinamics’ servo drive control system, to gain a competitive edge and elevate their product offerings. Siemens, a Germany-based leader in automation and digitalization for manufacturing and process industries, introduced the SINAMICS S200 servo drive system in May 2023. Tailored for both stand-alone and networked machines, this system is specifically designed for standard applications within the battery and electronics industry. Characterized by optimization for performance, user-friendly operation, and future-proof capabilities, the SINAMICS S200 servo package incorporates key features such as a built-in web server, one-button tuning, and compliance with global standards including UL, CE, and SEMI 47. Noteworthy security elements include a security chip and UMAC protection, contributing to machine simulation fit for digitalization. Further, the system offers PROFITNET and Pulse Train versions of single-axis AC drive, an integrated brake resistor, and integrated safety functions to ensure secure operation.

In August 2021, BlueHalo, a prominent US-based provider of advanced engineering solutions and technology to the national security community, successfully acquired Intelligent Automation Inc. (IAI) for an undisclosed amount. This strategic acquisition is anticipated to strengthen BlueHalo's capacity to deliver advanced engineering solutions and technology to the national security sector. Intelligent Automation Inc., also based in the United States, operates in the digital servo press domain, contributing to BlueHalo's expanded capabilities in providing cutting-edge solutions to meet the evolving needs of the national security community.

Major companies operating in the digital servo press market include JANOME Corporation, Promess Incorporated, Kistler Instruments India Pvt. Ltd., Sintokogio Ltd., C&M Robotics Co. Ltd., AIDA Engineering Ltd., TOX PRESSOTECHNIK Ltd. UK, THK Co. Ltd., IAI America Inc., FEC Ltd., Sanyo Machine Works Ltd., Stamtec Inc., DAI-ICHI DENTSU LTD., CORETEC Inc., AMADA PRESS SYSTEM CO. LTD., FANUC Corporation, Komatsu America Industries LLC, Hitachi America Ltd., Ingersoll Production Equipment, Beckwood Press Co., Schuler AG, APEC Ltd., Moog Inc., SKF Motion Technologies, Niagara Press Company Inc., KOMPAKT Press Automation GmbH, Taylor-Winfield Technologies Inc., Dake Corporation, OMEGA Engineering Inc., Tegelman Co. Inc., Zaber Technologies Inc., The Minster Machine Company, NIDEC-SHIMPO Corporation, Andantex USA Inc., RENSONIC CORPORATION., Kolver S.p.A.

Asia-Pacific was the largest region in the digital servo press market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital servo press market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the digital servo press market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The digital servo press market consists of sales of digital servo press including signal amplifiers, active motor cooling, controller, and software. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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