Electric Presses Market
By Type;
Vertical Type Presses and Horizontal Type PressesBy Application;
Aviation Industry, Train Industry, Automobile Industry, Ship Industry and Tractor IndustryBy Business;
New Sales and AftermarketBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Electric Presses Market Overview
Electric Presses Market (USD Million)
Electric Presses Market was valued at USD 556.06 million in the year 2024. 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%.
Electric Presses Market
*Market size in USD million
CAGR 4.0 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 4.0 % | 
| Market Size (2024) | USD 556.06 Million | 
| Market Size (2031) | USD 731.73 Million | 
| Market Concentration | High | 
| Report Pages | 304 | 
Major Players
- AxNum (Swiss)
 - Dirinler (Turkey)
 - ESBELT
 - FLEXCO
 - Joos
 - HIDROGARNE
 - Kannegiesser
 - Komax Wire
 - Manesty
 - Janome
 
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Electric Presses Market
Fragmented - Highly competitive market without dominant players
The electric presses market is experiencing substantial growth as industries transition toward smarter and energy-efficient machinery. Electric presses deliver up to 30% better energy utilization than conventional systems, making them a preferred choice in modern production facilities. Their ability to maintain consistent performance with reduced operational expenses is driving widespread adoption.
Growing Importance of Accuracy and Automation
Manufacturers are increasingly drawn to electric presses due to their ability to offer 25% higher precision compared to mechanical counterparts. Their integration with automation and robotics ensures streamlined operations, faster cycle times, and minimal material wastage. This combination of efficiency and accuracy continues to make them essential in advanced industrial workflows.
Eco-Friendly and Sustainable Advantages
Sustainability initiatives are shaping industry demand, with nearly 40% of factories prioritizing equipment that cuts down energy use and emissions. Electric presses stand out as an environmentally responsible solution, offering high output while minimizing power consumption. These benefits align with the broader push for sustainable manufacturing practices across industries.
Innovation and Smart Technology Integration
Technological progress is reshaping the electric presses landscape, with around 35% of new models incorporating smart monitoring and predictive maintenance features. Enhanced digital controls and adaptive settings not only maximize efficiency but also prolong equipment lifespan. These advancements make electric presses a cost-effective and reliable investment for modern manufacturers.
Future Growth Opportunities
Backed by strong industrial demand and innovation, the electric presses market is positioned for continued expansion. Current data indicates that more than 45% of production facilities are expected to incorporate electric presses into their operations. This highlights their growing significance as industries prioritize sustainability, precision, and long-term efficiency.
Electric Presses Market Key Takeaways
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Rising investments in industrial automation and precision engineering are fueling demand for electric presses, as industries seek higher efficiency, energy savings, and reduced production downtime.
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Applications in automotive, aerospace, and electronics manufacturing are expanding rapidly, with electric presses preferred for their accuracy, repeatability, and superior control over mechanical and hydraulic counterparts.
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The Asia-Pacific region continues to dominate market expansion, supported by large-scale industrialization in China, India, and South Korea, coupled with growing adoption of smart factory infrastructure.
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Technological advancements in servo-driven and digitally controlled presses are enabling real-time monitoring, adaptive process control, and predictive maintenance capabilities, improving productivity across sectors.
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Barriers such as high capital investment and complex integration requirements limit adoption among small and medium enterprises, prompting manufacturers to introduce modular and cost-efficient designs.
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Key players offering value-added services—including equipment customization, remote diagnostics, and lifecycle management—are gaining a competitive edge through end-to-end customer support.
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Future market growth will hinge on alignment with sustainability goals and energy-efficient manufacturing initiatives, positioning electric presses as core components of next-generation green production systems.
 
Electric Presses Market Recent Developments
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In March 2024, a leading machinery manufacturer announced a strategic partnership with an automotive parts producer to co-develop high-precision, fully-electric press machines for EV-body manufacturing lines, enhancing automation and energy efficiency in the electric presses market.
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In July 2025, an industrial-equipment company completed a capacity-expansion investment in its electric press production facility, adding a new servo-electric press line to address rising demand from aerospace and electronics manufacturers in the electric presses market.
 
Electric Presses Market Segment Analysis
In this report, the Electric Presses Market has been segmented by Type, Application, Business and Geography. The structure reflects how OEMs and tier suppliers evaluate capital equipment choices, optimize throughput, and plan capacity expansion for diversified production lines. It also highlights how service models and regional demand clusters influence installed base growth, TCO considerations, and long-term upgrade cycles across end-use industries.
Electric Presses Market, Segmentation by Type
The market is segmented by Type into Vertical Type Presses and Horizontal Type Presses. Selection depends on part geometry, floor-space constraints, and integration with automation such as palletizers, cobots, and in-line quality assurance. Vendors are differentiating via higher energy efficiency, closed-loop force/position control, and smarter HMIs that enable predictive maintenance and rapid recipe changeovers.
Vertical Type Presses
Vertical Type Presses are favored where gravity-assisted positioning, compact footprints, and top-down force application improve repeatability and part alignment. They see strong traction in precision assembly, insert molding, and applications demanding high positional accuracy with minimal deflection. Integrators leverage vertical frames for modular cells, enabling fast tooling swaps, cell-to-cell replication, and scalable OEE improvements in mixed-model production.
Horizontal Type Presses
Horizontal Type Presses suit elongated components, inline transfer systems, and fixtures requiring lateral access, improving ergonomics and multi-station flow. Adoption is supported by compatibility with conveyorized lines, robotic loading, and end-to-end traceability using servo signatures. Suppliers emphasize rigid frames, enhanced stroke control, and die-set flexibility to reduce scrap rates and accelerate changeovers in high-mix environments.
Electric Presses Market, Segmentation by Application
By Application, demand spans the Aviation Industry, Train Industry, Automobile Industry, Ship Industry and Tractor Industry. Each vertical prioritizes distinct press capabilities—ranging from meticulous process validation and documentation in aerospace to high-volume, cost-optimized cycles in automotive. Cross-industry trends include deeper automation, electrification of actuation for cleaner operations, and software-driven quality analytics for line-wide optimization.
Aviation Industry
In the Aviation Industry, electric presses support precision assembly, fastening, and composite-related operations where process control and documented compliance are mission-critical. Programmable force and displacement profiles enable repeatable joints, reducing rework and ensuring airworthiness standards. Vendors collaborate with aerospace primes and MROs to integrate data logging and digital traceability for multi-year asset lifecycle management.
Train Industry
The Train Industry leverages presses for bogie components, braking sub-assemblies, and interior fittings that demand durable, vibration-resistant joints. Line builders prioritize robust frames, long stroke options, and easy fixture interchangeability to support varied car configurations. Lifecycle benefits include lower energy consumption, quieter operations versus hydraulics, and better predictive maintenance through servo diagnostics.
Automobile Industry
The Automobile Industry is a key volume adopter, using electric presses in powertrain, chassis, and electronics assembly where cycle time and first-time yield are crucial. EV growth amplifies need for precise battery module and e-motor sub-assemblies with closed-loop monitoring. Manufacturers value seamless MES connectivity, SPC dashboards, and standardized press recipes that scale across global plants to sustain OEE benchmarks.
Ship Industry
In the Ship Industry, presses contribute to outfitting, cable management, and heavy-duty fixtures where reliability in harsh environments matters. Electric actuation reduces leakage and simplifies maintenance compared to hydraulics, while controlled force profiles protect expensive components. Yard integrators emphasize ruggedized enclosures, IP-rated electronics, and interoperability with cranes and gantry systems for efficient workflow.
Tractor Industry
The Tractor Industry requires versatile presses for drivetrain, hydraulics, and cab assemblies, balancing durability and cost per cycle. Vendors compete on modularity, tooling universality, and remote diagnostics that minimize downtime during seasonal production peaks. Adoption is supported by improved energy efficiency, high repeatability, and easy operator training through intuitive HMIs and guided setup routines.
Electric Presses Market, Segmentation by Business
By Business model, the market divides into New Sales and Aftermarket, reflecting different revenue levers and customer engagement strategies. While new installations drive expansion of the installed base, the aftermarket anchors long-term relationships through spares, retrofits, and software upgrades. Vendors increasingly bundle service contracts and remote monitoring to stabilize cash flows and enhance uptime.
New Sales
New Sales are propelled by greenfield lines, model launches, and EV-related retooling that require precise, clean, and digitally connected presses. Buyers prioritize TCO, floor-space efficiency, and integration readiness with robots and AOI systems. Solution providers differentiate via turnkey engineering support, commissioning speed, and scalable controls that future-proof investments.
Aftermarket
The Aftermarket includes maintenance kits, consumables, calibrations, and performance retrofits that extend equipment life and elevate OEE. Software refreshes unlock better analytics, while remote diagnostics shorten MTTR and enable condition-based interventions. As plants pursue predictive maintenance, service partnerships become central to sustaining quality and throughput targets.
Electric Presses Market, Segmentation by Geography
In this report, the Electric Presses Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America shows steady investments driven by EV platforms, aerospace supply chains, and reshoring of strategic components. Buyers emphasize digital connectivity, high repeatability, and compliance with plant-wide safety and data standards. Partnerships between OEMs, integrators, and analytics providers accelerate predictive maintenance and closed-loop quality initiatives.
Europe
Europe benefits from advanced automation, stringent energy efficiency targets, and leadership in machinery engineering. Demand is supported by automotive transitions, rail modernization, and high-precision industrial clusters. Vendors compete on servo sophistication, sustainability credentials, and integration with Industry 4.0 frameworks for interoperable, low-downtime operations.
Asia Pacific
Asia Pacific is characterized by scale manufacturing, rapid line builds, and expanding supplier networks for electronics and transportation equipment. The region values cost-effective presses with robust automation options and flexible controls suited for high-mix lines. Localized production, joint ventures, and service footprints strengthen time-to-install and aftersales responsiveness.
Middle East & Africa
Middle East & Africa sees gradual adoption, linked to industrial diversification, logistics hubs, and selective transport projects. Customers prioritize durable equipment, simplified maintenance, and training-friendly HMIs to build operator proficiency. Government-backed initiatives and free-zone policies foster ecosystem development and encourage technology transfer.
Latin America
Latin America demand is supported by automotive, agricultural machinery, and shipbuilding ecosystems seeking higher throughput and better TCO. Currency dynamics and capex cycles make service packages and retrofits attractive to extend asset life. Partnerships with local integrators bolster commissioning speed, spare parts availability, and sustained OEE improvements.
Electric Presses Market Forces
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints, and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential | 
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development | 
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance | 
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances | 
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
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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
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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 Electric Presses Market include:
- Schuler Group
 - AIDA Engineering, Ltd.
 - Seyi Press
 - Fagor Arrasate
 - KUKA AG
 - AxNum AG
 - Dirinler Machinery
 - ESBELT
 - FLEXCO
 - Gottfried Joos
 - HIDROGARNE
 - Kannegiesser
 - Komax Wire
 - Manesty
 - Janome
 
In this report, the profile of each market player provides following information:
- Market Share Analysis
 - 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 Business
 - Market Snapshot, By Region
 
 - 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 
- Electric Presses Market, By Type, 2021 - 2031 (USD Million) 
- Vertical Type Presses
 - Horizontal Type Presses
 
 - Electric Presses Market, By Application, 2021 - 2031 (USD Million) 
- Aviation Industry
 - Train Industry
 - Automobile Industry
 - Ship Industry
 - Tractor Industry
 
 - Electric Presses Market, By Business, 2021 - 2031 (USD Million) 
- New Sales
 - Aftermarket
 
 - 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 
 
 - Electric Presses Market, By Type, 2021 - 2031 (USD Million) 
 - Competitive Landscape 
- Company Profiles 
- Schuler Group
 - AIDA Engineering, Ltd.
 - Seyi Press
 - Fagor Arrasate
 - KUKA AG
 - AxNum AG
 - Dirinler Machinery
 - ESBELT
 - FLEXCO
 - Gottfried Joos
 - HIDROGARNE
 - Kannegiesser
 - Komax Wire
 - Manesty
 - Janome
 
 
 - Company Profiles 
 - Analyst Views
 - Future Outlook of the Market
 

