Global Powder Compacting Pressers Market to reach USD 388.81 million by 2027. Global Powder Compacting Pressers Market is valued approximately at USD 305.7 Million in 2020 and is anticipated to grow with a healthy growth rate of more than 3.5% over the forecast period 2021-2027. Powder compacting pressers are majorly used in the production of powder metallurgy parts, carbon & carbide parts, ceramic & cermet parts etc. The global Powder Compacting Pressers market is being driven by rising demand for the Internet of Things (IoT) in automobile production and rising demand from end use industries such as aerospace and military sector various regions. Furthermore, the growing prevalence of second-hand powder compacting presses will provide new opportunities for the global Powder Compacting Pressers industry. For instance, according to the International Trade Administration (ITA), China is the world's largest automotive market, with the Chinese government expecting 35 million vehicles to be produced by 2025. According to OICA, Africa produced 776,967 passenger cars in 2018, which rose to 787,287 in 2019, representing a 1.3 percent growth. Also, the number of light commercial vehicles produced in Canada rose by 6.2 percent from 1,348,932 in 2018 to 1,431,904 in 2019. As a result, increased automation will necessitate the use of more powder compacting pressers in the manufacturing of different automobile parts, which will serve as a catalyst for the Powder Compacting Pressers industry in the future. However, unstable raw material prices and high cost associated with the manufacturing of product, may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key regions considered for the regional analysis of global Powder Compacting Pressers Market. Presence of major players in the region and the rising consumers spending makes North America the leading region across the world in terms of market share. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to presence of government and private aerospace companies, along with high defense expenditure in the region.
Major market player included in this report are:

Komage Gellner Maschinenfabrik KG
SMS group GmbH
Osterwalder AG
Maschinenfabrik Lauffer GmbH & Co.KG
Gasbarre Products, Inc.
Ajax CECO Erie Press
Beckwood Press
Digital Press
DORST Technologies GmbH & Co. KG
Cincinnati Incorporated
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Hydraulic
Electric
Mechanical
Servo-hydraulic
By End Use :
Automotive
Machining
Energy & Electricity
Equipment
Medical
Military
Construction
By Application:
Powder Metallurgy
Ceramic & Cement
Carbon & Carbide
Others



By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Powder Compacting Pressers Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors