Download Sample
Add to CartGlobal Electric Presses Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Vertical Type Presses and Horizontal Type Presses.By Application;
Aviation Industry and Train Industry.By End-User;
Manufacturing, Construction, Energy, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Electric Presses Market (USD Million), 2021 - 2031
In the year 2024, the Global Electric Presses Market was valued at USD 556.06 million. The size of this market is expected to increase to USD 731.73 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.
The Electric Presses Market encompasses the design, production, and distribution of electrically powered presses utilized in various manufacturing processes. These presses are essential for shaping and forming materials across multiple industries, including metalworking, electronics, aerospace, and automotive. Unlike traditional hydraulic or mechanical presses, electric presses leverage electrical power, offering enhanced control, improved energy efficiency, and a reduced environmental impact.
A key driver of the electric presses market is the increasing demand for eco-friendly and energy-efficient manufacturing solutions. Electric presses offer numerous advantages over their counterparts, such as greater precision, lower energy consumption, and reduced noise and vibration, aligning with global initiatives to lower carbon footprints and promote sustainable industrial practices.
Technological advancements significantly shape trends within the electric presses market. Modern smart electric presses now feature real-time monitoring, data analytics, and predictive maintenance through advanced control systems, automation, and IoT integration. These innovations boost productivity by minimizing downtime and enhancing overall manufacturing efficiency.
Global Electric Presses Market Recent Developments
-
In September 2020, Breville launched its The Press, a countertop juice extractor that extracts juice from fruits and vegetables.
-
In March 2022, Hamilton Beach launched its Commercial Grade Electric Juice Press, designed for high-volume juicing.
Segment Analysis
The global electric presses market is segmented based on type, application, and end-user, with each segment playing a significant role in shaping market growth, share, size, and trends during the forecast period of 2025 to 2031. This segmentation highlights the diverse adoption of electric presses across industries, driven by technological advancements, environmental sustainability, and operational efficiency.
By Type, the market is categorized into vertical type presses and horizontal type presses. Vertical type presses hold a significant market share due to their compact design, precision, and suitability for tasks requiring high-force applications, such as assembly, crimping, and riveting. These presses are widely adopted in industries where space constraints are prevalent, making them ideal for small-scale manufacturing units. On the other hand, horizontal type presses are preferred for large-scale industrial applications, such as metal forming and bending, where horizontal alignment ensures stability and even force distribution. The demand for horizontal presses is expected to grow steadily, driven by advancements in automation and smart manufacturing processes.
By Application, the electric presses market is segmented into the aviation industry and the train industry. The aviation industry is a major consumer of electric presses, as these machines are essential for assembling critical components with high precision. Electric presses enable accurate force control, ensuring that parts used in aircraft manufacturing meet stringent quality standards. Additionally, the trend toward lightweight materials in aerospace manufacturing further drives the adoption of electric presses, as they offer superior control compared to hydraulic or pneumatic alternatives. In the train industry, electric presses are employed for component assembly, maintenance, and repair, where precision and repeatability are paramount. As railway infrastructure continues to expand globally, particularly in developing economies, the demand for electric presses in this segment is expected to rise.
By End-User, the market is divided into manufacturing, construction, energy, and others. The manufacturing sector dominates the electric presses market, owing to the widespread use of these machines in automotive, electronics, and industrial production lines. Electric presses offer enhanced efficiency, reduced energy consumption, and lower maintenance costs compared to traditional hydraulic presses, making them an attractive choice for manufacturers seeking to optimize production processes. The construction sector is also witnessing increased adoption of electric presses for tasks such as metal forming, panel assembly, and structural component fabrication. In the energy sector, electric presses are used for assembling renewable energy components, such as wind turbine parts and solar panels, reflecting the growing emphasis on sustainable energy solutions. The "others" category includes industries such as healthcare, consumer goods, and packaging, where electric presses are utilized for precision assembly and packaging applications.
Global Electric Presses Segment Analysis
In this report, the Global Electric Presses Market has been segmented by Type, Application, End-User, and Geography.
Global Electric Presses Market, Segmentation by Type
The Global Electric Presses Market has been segmented by Type into Vertical Type Presses and Horizontal Type Presses.
Vertical type presses are characterized by their upright structure, where the pressing action occurs in a top-to-bottom motion. These presses are commonly used in applications requiring precision and compact design, such as assembly lines, electronics manufacturing, and precision metalworking. The vertical configuration allows for easy alignment and efficient use of workspace, making them ideal for environments where floor space is limited. Additionally, vertical electric presses often feature advanced control systems, enabling operators to achieve precise force and positional accuracy. This makes them particularly suitable for tasks such as pressing, riveting, punching, and forming small to medium-sized components.
On the other hand, horizontal type presses operate with a side-to-side pressing motion. These presses are typically employed in applications that require the handling of larger, longer, or uniquely shaped workpieces. Industries such as automotive manufacturing, aerospace, and heavy machinery production often utilize horizontal electric presses for tasks like tube bending, extrusion, and structural component assembly. The horizontal design offers significant advantages in terms of load distribution and ease of material handling, as workpieces can be fed into the press horizontally without the need for complex lifting mechanisms. Moreover, horizontal electric presses are known for their robust construction and higher load-bearing capacity, making them suitable for high-pressure applications and continuous production processes.
The segmentation by type allows manufacturers and end-users to choose the most appropriate electric press based on their specific requirements. Vertical type presses, with their compact design and precision control, are often preferred for light to medium-duty applications where accuracy is paramount. These presses are commonly found in electronics assembly lines, medical device manufacturing, and other industries where delicate components require careful handling. The ability to program and control the pressing force, speed, and position in real-time further enhances their appeal, ensuring consistent quality and minimizing material waste.
In contrast, horizontal type presses are favored for heavy-duty applications that involve larger workpieces and higher force requirements. Their horizontal orientation simplifies the loading and unloading process, particularly when dealing with long or bulky materials. This makes them ideal for industries such as automotive manufacturing, where components like axles, drive shafts, and chassis parts need to be formed and assembled with precision and strength. Additionally, horizontal presses often come equipped with advanced automation features, enabling seamless integration into high-volume production lines and enhancing overall operational efficiency.
Global Electric Presses Market, Segmentation by Application
The Global Electric Presses Market has been segmented by Application into Aviation Industry, Train Industry, Automobile Industry, Ship Industry and Tractor Industry.
The global electric presses market has been segmented based on application into five key industries: aviation, train, automobile, ship, and tractor. Each of these industries leverages electric presses for specific manufacturing, assembly, and maintenance processes, contributing to the overall growth and adoption of electric presses across various sectors.
In the aviation industry, electric presses play a crucial role in the production and assembly of aircraft components. Precision and consistency are essential in aviation manufacturing, where even the slightest deviation can compromise safety and performance. Electric presses are used for tasks such as riveting, punching, and forming lightweight yet durable materials like aluminum and composite structures. Additionally, electric presses contribute to the assembly of critical parts, such as fuselage components, wing structures, and engine mounts, ensuring that each part meets stringent quality standards. The ability of electric presses to provide accurate force and stroke control makes them indispensable in the aviation sector, where precision is non-negotiable.
Similarly, the train industry relies on electric presses for manufacturing and assembling key components used in railcar production. Electric presses are employed in the fabrication of train body panels, interior fittings, and structural components. The high-speed operation and energy efficiency of electric presses make them ideal for producing large quantities of parts without compromising quality. Moreover, electric presses are used for assembling braking systems, electrical panels, and seating structures, ensuring that trains meet both safety and comfort standards. As the railway sector continues to modernize and expand, the demand for electric presses is expected to grow, driven by the need for efficient manufacturing solutions.
In the automobile industry, electric presses have become an integral part of the production process. From stamping body panels to assembling intricate components like airbags, transmission parts, and engine mounts, electric presses are used across various stages of automotive manufacturing. Their ability to offer precise force control and repeatability ensures consistent product quality, reducing the likelihood of defects. Electric presses also contribute to the production of electric vehicles (EVs), where lightweight materials and complex battery assemblies require advanced manufacturing techniques. As the automotive industry continues to shift toward EV production, the adoption of electric presses is expected to increase further.
Global Electric Presses Market, Segmentation by End-User
The Global Electric Presses Market has been segmented by End-User into Manufacturing, Construction, Energy, and Others.
The global electric presses market has been segmented by end-user into manufacturing, construction, energy, and others. Each of these segments plays a critical role in driving the demand for electric presses, with unique applications, technological requirements, and growth prospects. The manufacturing sector stands out as one of the most significant end-users of electric presses. Within this sector, industries such as automotive, aerospace, electronics, and consumer goods rely heavily on electric presses for precision assembly, forming, stamping, and molding processes. In the automotive industry, for instance, electric presses are used for assembling components like engines, transmissions, and electronic modules, offering higher accuracy, energy efficiency, and consistency compared to traditional hydraulic and pneumatic presses. Similarly, the electronics industry utilizes electric presses for delicate tasks like circuit board assembly and connector pressing, where precision and controlled force application are crucial.
In the construction industry, electric presses find applications in producing building materials, prefabricated components, and structural assemblies. Electric presses are used for tasks such as compressing concrete blocks, shaping metal frames, and assembling modular construction units. Their ability to deliver consistent force and precise control ensures that components meet stringent quality standards required for modern construction projects. Additionally, the energy efficiency and lower maintenance needs of electric presses make them an attractive choice for construction companies looking to adopt sustainable manufacturing practices.
The energy sector is another significant end-user of electric presses, particularly in the production of renewable energy components and power transmission equipment. In the renewable energy sector, electric presses are used for manufacturing solar panels, wind turbine components, and battery modules. For instance, in the production of lithium-ion batteries for electric vehicles and energy storage systems, electric presses are employed for cell assembly, electrode pressing, and module formation. Their precision and ability to apply uniform pressure without generating excessive heat make them ideal for such applications. Moreover, electric presses are used in the production of transformers, switchgear, and other electrical components essential for power generation and distribution.
The "Others" segment includes a diverse range of industries such as healthcare, packaging, and consumer goods. In the healthcare sector, electric presses are utilized for assembling medical devices, surgical instruments, and diagnostic equipment, where precision and cleanroom compatibility are essential. In the packaging industry, electric presses are used for sealing, forming, and assembling packaging materials, ensuring product integrity and efficient production lines. The consumer goods industry also benefits from electric presses for manufacturing products like appliances, furniture, and sporting goods, where consistent quality and efficient production processes are key.
Global Electric Presses Market, Segmentation by Geography
In this report, the Global Electric Presses Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Electric Presses Market Share (%), by Geographical Region, 2024
Asia-Pacific dominates the global electric presses market, accounting for the largest share, estimated at over 40% in 2023. This leadership is fueled by rapid industrialization in countries like China, India, Japan, and South Korea, where automotive, electronics, and aerospace sectors are expanding aggressively. China, as the world’s manufacturing hub, is a primary contributor, driven by massive investments in smart manufacturing and robotics. Government initiatives such as “Made in China 2025” and India’s “Make in India” have accelerated the adoption of electric presses to enhance production efficiency and reduce carbon footprints. Additionally, the region’s cost-competitive manufacturing ecosystem and rising demand for consumer goods further bolster market growth.
Europe holds the second-largest market share, approximately 25–30%, supported by its advanced manufacturing base and stringent environmental regulations. Countries like Germany, Italy, and France lead due to their strong automotive and machinery industries, where precision and sustainability are prioritized. The European Union’s focus on achieving net-zero emissions by 2050 has incentivized manufacturers to transition to energy-efficient electric presses, aligning with circular economy principles. Germany, in particular, benefits from its robust automotive sector, which demands high-performance presses for components like batteries and lightweight materials for electric vehicles (EVs).
North America follows closely, representing around 20–25% of the market. The U.S. is the key driver, with its thriving aerospace, automotive, and defense sectors. The resurgence of domestic manufacturing, spurred by policies like the Inflation Reduction Act (IRA) and reshoring initiatives, has increased demand for advanced electric presses. The region’s emphasis on automation and digitalization, particularly in the automotive industry’s shift toward EV production, further propels market growth. Canada and Mexico also contribute, albeit modestly, due to their integration into North American supply chains.
The Middle East & Africa and Latin America collectively account for the remaining 10–15% of the market share. These regions exhibit slower adoption due to underdeveloped industrial infrastructure and reliance on traditional machinery. However, pockets of growth exist in countries like Brazil, Mexico, and South Africa, where automotive and mining sectors are gradually modernizing. In the Middle East, diversification efforts under initiatives like Saudi Arabia’s Vision 2030 are fostering investments in manufacturing, creating niche opportunities for electric press adoption.
Market Trends
Drivers
- Technological Advancements
- Increased Demand for Automation
- Sustainability Initiatives- The global electric presses market is experiencing significant growth, driven by the rising emphasis on sustainability initiatives across industries. Electric presses, known for their precision, energy efficiency, and eco-friendly operation, are increasingly being adopted as industries move away from traditional hydraulic and pneumatic systems. This shift aligns with global sustainability goals aimed at reducing carbon footprints, improving energy efficiency, and minimizing environmental impact. Governments, industries, and consumers are increasingly prioritizing green technologies, and electric presses are emerging as a critical solution in achieving these objectives.
One of the primary sustainability drivers in the electric presses market is their superior energy efficiency compared to conventional presses. Traditional hydraulic presses consume substantial energy, even when idle, as the hydraulic system continues running to maintain pressure. In contrast, electric presses only consume energy when in operation, leading to significant energy savings. Studies have shown that electric presses can reduce energy consumption by up to 70% compared to hydraulic counterparts. This not only lowers operational costs for manufacturers but also aligns with global energy-saving initiatives and carbon reduction targets. As industries strive to meet stringent environmental regulations, the demand for energy-efficient machinery like electric presses continues to grow.
Electric presses also contribute to sustainability by eliminating the need for hydraulic fluids, which pose environmental risks if not properly handled or disposed of. Hydraulic systems often suffer from leaks, leading to soil and water contamination, as well as increased maintenance requirements. Electric presses, being fluid-free, significantly reduce the environmental impact while enhancing workplace safety. This eco-friendly aspect is particularly appealing to industries aiming for ISO 14001 certification and other environmental management standards. Moreover, the reduction in maintenance not only cuts costs but also minimizes the waste associated with frequent part replacements and fluid disposal.
Another key sustainability advantage of electric presses is their precision and efficiency in material usage. Advanced control systems enable precise force and position monitoring, reducing material waste during production. This is particularly important in industries such as automotive, electronics, and medical device manufacturing, where high-precision components are required. By minimizing scrap rates and improving production yields, electric presses help manufacturers achieve sustainable production practices while maintaining high-quality output.
Restraints
- High Initial Investment
- Maintenance Costs
-
Technological Limitations - The global electric presses market is experiencing significant growth, driven by increasing automation in manufacturing, the shift toward energy-efficient solutions, and the demand for precision in industrial processes. Electric presses, commonly used in metal forming, plastic molding, and assembly operations, offer advantages such as enhanced control, reduced energy consumption, and quieter operation compared to traditional hydraulic and pneumatic presses. However, despite these benefits, the market faces notable restraints, with technological limitations being one of the most significant challenges. These limitations impact the performance, versatility, and adoption of electric presses, particularly in industries requiring high-tonnage applications and complex forming processes.
One of the primary technological limitations of electric presses lies in their force output and capacity. While electric presses excel in precision and efficiency for low-to-medium force applications, they often fall short when it comes to high-tonnage requirements. Industries such as automotive, aerospace, and heavy machinery manufacturing rely on presses capable of exerting extremely high forces for metal stamping, deep drawing, and forging. Hydraulic presses, in particular, remain the preferred choice for such applications due to their ability to deliver consistent high-pressure output. Electric presses, while improving in capacity, still face challenges in matching the force and durability of hydraulic systems in demanding environments. This limitation restricts the market growth of electric presses in sectors where high-pressure applications are essential.
Another significant technological challenge is the complexity of control systems and maintenance requirements. While electric presses offer precise control through servo motors and advanced software, these systems can be complex to operate and troubleshoot. The integration of programmable logic controllers (PLCs), sensors, and automation platforms requires skilled operators and maintenance personnel, which can pose a barrier for small and medium-sized enterprises (SMEs). In regions where technical expertise is limited, the adoption of electric presses may be slower due to the challenges associated with system integration and long-term maintenance.
Furthermore, the technological maturity of electric presses in terms of multi-functional capabilities remains a constraint. While they perform exceptionally well in single-function tasks such as pressing, bending, and assembly, they often lack the adaptability of hydraulic systems that can handle a wider range of operations with interchangeable tooling. This limitation reduces the flexibility of electric presses in manufacturing environments that require versatile production lines. Additionally, the initial investment in electric press technology can be higher due to the advanced electronics, servo systems, and software involved. Although the long-term operational savings from energy efficiency and reduced maintenance can offset these costs, the higher upfront expenditure can deter potential buyers, especially in cost-sensitive markets.
Opportunities
- Emerging Markets
- Customization and Innovation
-
Integration with IoT - The global electric presses market is undergoing significant transformation, fueled by advancements in automation, precision engineering, and, most notably, the integration of the Internet of Things (IoT). Electric presses, widely used in industries such as automotive, aerospace, electronics, medical devices, and manufacturing, offer superior control, energy efficiency, and accuracy compared to traditional hydraulic or pneumatic presses. The incorporation of IoT technology into electric presses is unlocking new opportunities for businesses, enhancing operational efficiency, reducing downtime, and enabling predictive maintenance. This technological evolution is reshaping the market, driving demand for smart, connected machines that improve production processes and ensure consistent quality.
IoT integration allows electric presses to collect and analyze real-time data from sensors embedded within the machinery. These sensors monitor critical parameters such as pressure, force, temperature, speed, and cycle time, providing operators and maintenance teams with detailed insights into machine performance. With this data, manufacturers can optimize production processes, identify potential issues before they cause equipment failure, and ensure that each pressing cycle meets precise specifications. Predictive maintenance, powered by IoT-driven analytics, significantly reduces unplanned downtime, extends equipment lifespan, and lowers operational costs. This capability is particularly valuable in industries where production continuity and product quality are paramount.
Moreover, IoT-enabled electric presses support remote monitoring and control, allowing operators to oversee production lines from anywhere using mobile devices or computers. This remote accessibility enhances operational flexibility and ensures quick responses to any anomalies detected during the manufacturing process. For manufacturers with multiple production sites, centralized monitoring through IoT platforms streamlines operations, facilitates data-driven decision-making, and improves overall productivity. Additionally, real-time data sharing between electric presses and enterprise resource planning (ERP) systems enhances production planning, inventory management, and quality control.
The integration of IoT also aligns with the growing emphasis on sustainability and energy efficiency in manufacturing. IoT-enabled electric presses can optimize energy consumption by adjusting power usage based on production demands and identifying inefficiencies in the system. This not only reduces energy costs but also supports companies in achieving their environmental sustainability goals. As regulatory frameworks around energy efficiency and carbon emissions become more stringent, IoT-integrated electric presses provide manufacturers with the tools needed to meet compliance standards while maintaining competitive production capabilities.
Competitive Landscape Analysis
Key players in Global Electric Presses Market include:
- AxNum (Swiss)
- Dirinler (Turkey)
- ESBELT
- FLEXCO
- Joos
- HIDROGARNE
- Kannegiesser
- Komax Wire
- Manesty
- Janome
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By End-User
- Market Snapshot, By Region
- Global Electric Presses Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Technological Advancements
- Increased Demand for Automation
- Sustainability Initiatives
- Restraints
- High Initial Investment
- Maintenance Costs
- Technological Limitations
- Opportunities
- Emerging Markets
- Customization and Innovation
- Integration with IoT
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Electric Presses Market, By Type, 2021 - 2031 (USD Million)
- Vertical Type Presses
- Horizontal Type Presses
- Global Electric Presses Market, By Application, 2021 - 2031 (USD Million)
- Aviation Industry
- Train Industry
- Global Electric Presses Market, By Type, 2021 - 2031 (USD Million)
- Manufacturing
- Construction
- Energy
- Others
- Global Electric Presses Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Electric Presses Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- AxNum (Swiss)
- Dirinler (Turkey)
- ESBELT
- FLEXCO
- Joos
- HIDROGARNE
- Kannegiesser
- Komax Wire
- Manesty
- Janome
- Company Profiles
- Analyst Views
- Future Outlook of the Market