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Digital Servo Press Market Research Report: Size, Share, Growth, Trends and Forecast 2027 July 2, 2021
By Zaraki Kenpachi -
According to a new market report published by Transparency Market Research titled “Digital Servo Press Market (Type-Less than 100KN, 100KN – 200KN, and More than 200KN; Motor Type – Positional Rotation, Continuous Rotation, and Linear; Application – Automotive, Motor and Electronic Industry, Aerospace, and Others (Medical Equipment, Robotics, etc.); – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027,” the global digital servo press market is expected to reach a value of US$ 1,294.0 Mn by 2027. In terms of value, the market is estimated to expand at a CAGR of 5.8% during the forecast period from 2019 to 2027. In terms of volume, the market stood at around 26,401 units in 2017. The Asia Paci몭c digital servo press market is expected to witness the highest growth during the forecast period both in terms of value (US$ Mn) and volume (Units). The market witnessed considerable growth in the Asia Paci몭c region because of increasing technology breakthrough in digital servo presses in Japan, China, and India.