유럽의 전기 기계식 접합 서보 프레스 시장 예측(2021-2031년) : 시장 범위, 부문, 동향, 경쟁 분석

The Europe Electromechanical Joining Servo Press Market size is expected to reach US$ 57.10 million by 2031 from US$ 36.17 million in 2023. The market is estimated to record a CAGR of 5.9% from 2023-2031.

Executive Summary and Europe Electromechanical Joining Servo Press Market Analysis:

The electromechanical joining servo press market in Europe is segmented into France, Germany, Italy, Russia, the UK, and the Rest of Europe. The region has a well-established manufacturing industry for automotive, electronics, and medical equipment that uses cutting-edge technologies, such as automation, robotics, and Industry 4.0. Europe is one of the most important automobile manufacturers in the world. The presence of world-leading automobile manufacturers such as Volkswagen AG, Stellantis NV, Mercedes-Benz Group AG, Bayerische Motoren Werke AG, and Renault SA is driving the automotive industry's growth. As per the European Automobile Manufacturers Association (ACEA), new vehicle (all types) registrations in Europe increased by 18.7% from 15.08 million units in 2022 to 17.9 million units in 2023. Germany accounted for the highest share in new vehicle registration in the region, followed by France, UK, and Italy. Such a rise in vehicle sales in the region is expected to fuel the demand for electromechanical joining servo press in joining operations. Other sectors fueling the growth of the electromechanical joining servo press market are the medical devices and electronics equipment manufacturing sectors. As per the insights from MedTech Europe (European Trade Association), the Europe medical device market accounted for ~26% of the total market share in the world in 2023. Top countries contributing to the medical device sector growth include Germany, France, Italy, and the UK, with more than 50% of the total share in Europe; however, as per the insights from IPC International, Inc., the electronics manufacturing sector is expected to witness a decline in market share worldwide from 16.5% in 2023 to 15% by 2035. This decline is projected to limit the demand for electromechanical joining servo presses from the electronics sector during the forecast period. Government initiatives to boost electronics production are expected to fuel the market growth from 2023 to 2031.

Europe Electromechanical Joining Servo Press Market Segmentation Analysis:

Key segments that contributed to the derivation of the electromechanical joining servo press market analysis are stroke and application.

By stroke, the electromechanical joining servo press market is segmented into upto 100 mm, 101-200 mm, 201-400 mm, 401-600 mm, and above 601 mm. The 101-200 held the largest share of the market in 2023.

By application, the electromechanical joining servo press market is segmented into automotive industry, electric and electronic industry, medical device manufacturing, and others. The automotive industry held the largest share of the market in 2023.

Europe Electromechanical Joining Servo Press Market Outlook

The rise in construction activities, infrastructure development, trade activities, and the shipping and logistics industry is fueling the demand for commercial vehicles across the globe. Passenger and commercial vehicles are essential for long-haul transport, people transport, and handling any loads, as well as for industries with significant hauling capacity. A few examples of these vehicles are commercial buses, cars, passenger vehicles, delivery trucks, coaches, motors, large motor homes, tractor-trailers, transit buses, etc. The global demand and sales for all types of vehicles increased from 82.87 million units in 2022 to 92.72 million units in 2023, as per the OICA. Total vehicle sales across the globe increased by 11.9% from 2022 to 2023. In addition, the highest vehicle sales growth was registered in Europe, with a growth rate of 18.7% from 2022 to 2023. The production of buses and coaches increased from 0.25 million units in 2022 to 0.31 million units in 2023, while heavy truck production grew from 3.31 million units in 2022 to 3.77 million units in 2023. Further, passenger car production in the world increased by 11% from 6.15 million units in 2022 to 6.80 million units in 2023. Thus, a surge in the production and sales of all types of vehicles drives the electromechanical joining servo press market.

Europe Electromechanical Joining Servo Press Market Country Insights

Based on country, the Europe electromechanical joining servo press market comprises the Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany held the largest share in 2023.

Germany is the largest economy in Europe and houses several leading industry verticals, including automotive, electronics, and medical devices, among others. As per the European Automobile Manufacturers Association (ACEA), new car registrations in Germany increased by ~7% to reach ~2.84 million units in 2023 from 2.65 million units in 2022. It is the largest automotive hub in Europe, accounting for over 25% of all passenger car production and ~20% of all new vehicle registrations in 2023. Germany was Europe's leading passenger vehicle producer in 2023; also, manufacturing plants in the country recorded the manufacturing of approximately 3.10 million units at ~17% annual increase. Germany has a well-established ecosystem for automobile manufacturing. The electromechanical joining servo press is used in automotive applications, including joining gear wheels on shafts, joining dowel pins in housings, and joining outer bearing rings in bearing housings, among others. In addition, the benefits associated with electromechanical joining servo press are less energy utilization, carbon emission reduction, accurate force, etc. Electromechanical joining servo press systems also monitor, control, and optimize joining and press fitting operations in the automotive industry. The growing applications of electromechanical joining servo press systems in the automotive industry are projected to boost the market growth from 2023 to 2031.

Europe Electromechanical Joining Servo Press Market Company Profiles

Some of the key players operating in the market include RARUK Automation Ltd, Kistler Group, JANOME Corporation, IAI Industrieroboter GmbH, CORETEC Inc, Dai-ichi Dentsu Ltd, Bosch Rexroth AG, SCHMIDT Technology GmbH, TOX PRESSOTECHNIK GmbH & Co.KG, and PROMESS INC among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.

Europe Electromechanical Joining Servo Press Market Research Methodology :

The following methodology has been followed for the collection and analysis of data presented in this report:

Secondary Research The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

Company websites , annual reports, financial statements, broker analyses, and investor presentations. Industry trade journals and other relevant publications. Government documents , statistical databases, and market reports. News articles , press releases, and webcasts specific to companies operating in the market. Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.

Primary Research The Insight Partners' conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis, and gain valuable insights. These research interviews are designed to:

Validate and refine findings from secondary research. Enhance the expertise and market understanding of the analysis team. Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects. Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:

Industry stakeholders : Vice Presidents, business development managers, market intelligence managers, and national sales managers External experts : Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

Table Of Contents

1. Introduction

• 1.1 Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Secondary Research
• 3.2 Primary Research
  • 3.2.1 Hypothesis formulation:
  • 3.2.2 Macroeconomic factor analysis:
  • 3.2.3 Developing base number:
  • 3.2.4 Data Triangulation:
  • 3.2.5 Country-level data:

4. Europe Electromechanical Joining Servo Press Market Landscape

• 4.1 Overview
• 4.2 PEST Analysis
• 4.3 Ecosystem Analysis
  • 4.3.1 List of Vendors in the Value Chain

5. Europe Electromechanical Joining Servo Press Market - Key Market Dynamics

• 5.1 Market Drivers
  • 5.1.1 Increasing Adoption of Electromechanical Joining Servo Press Systems
  • 5.1.2 Surge in Vehicle Production and Sales
• 5.2 Market Restraints
  • 5.2.1 High Initial Investment and Additional Costs
• 5.3 Market Opportunities
  • 5.3.1 Growing Demand for Energy Efficiency in Manufacturing
  • 5.3.2 Digitalization and Integration of Advanced Technologies
• 5.4 Future Trends
  • 5.4.1 Growing Electrical and Electronics Sectors
• 5.5 Impact of Drivers and Restraints:

6. Electromechanical Joining Servo Press Market - Europe Market Analysis

• 6.1 Europe Electromechanical Joining Servo Press Market Revenue (US$ Million), 2021-2031
• 6.2 Europe Electromechanical Joining Servo Press Market Forecast Analysis

7. Europe Electromechanical Joining Servo Press Market Analysis - by Stroke

• 7.1 Upto 100 mm
  • 7.1.1 Overview
  • 7.1.2 Upto 100 mm: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.2 100-200 mm
  • 7.2.1 Overview
  • 7.2.2 100-200 mm: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.3 200-400 mm
  • 7.3.1 Overview
  • 7.3.2 200-400 mm: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.4 400-600 mm
  • 7.4.1 Overview
  • 7.4.2 400-600 mm: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 7.5 Above 601 mm
  • 7.5.1 Overview
  • 7.5.2 Above 601 mm: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. Europe Electromechanical Joining Servo Press Market Analysis - by Application

• 8.1 Automotive Industry
  • 8.1.1 Overview
  • 8.1.2 Automotive Industry: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.2 Electric and Electronic Industry
  • 8.2.1 Overview
  • 8.2.2 Electric and Electronic Industry: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.3 Medical Device Manufacturing
  • 8.3.1 Overview
  • 8.3.2 Medical Device Manufacturing: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)
• 8.4 Others
  • 8.4.1 Overview
  • 8.4.2 Others: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. Europe Electromechanical Joining Servo Press Market - Country Analysis

• 9.1 Europe
  • 9.1.1 Europe Electromechanical Joining Servo Press Market - Revenue and Forecast Analysis - by Country
    • 9.1.1.1 Europe Electromechanical Joining Servo Press Market - Revenue and Forecast Analysis - by Country
    • 9.1.1.2 Germany: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.1.2.1 Germany: Europe Electromechanical Joining Servo Press Market Share - by Stroke
      • 9.1.1.2.2 Germany: Europe Electromechanical Joining Servo Press Market Share - by Application
    • 9.1.1.3 France: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.1.3.1 France: Europe Electromechanical Joining Servo Press Market Share - by Stroke
      • 9.1.1.3.2 France: Europe Electromechanical Joining Servo Press Market Share - by Application
    • 9.1.1.4 Italy: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.1.4.1 Italy: Europe Electromechanical Joining Servo Press Market Share - by Stroke
      • 9.1.1.4.2 Italy: Europe Electromechanical Joining Servo Press Market Share - by Application
    • 9.1.1.5 United Kingdom: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.1.5.1 United Kingdom: Europe Electromechanical Joining Servo Press Market Share - by Stroke
      • 9.1.1.5.2 United Kingdom: Europe Electromechanical Joining Servo Press Market Share - by Application
    • 9.1.1.6 Russia: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.1.6.1 Russia: Europe Electromechanical Joining Servo Press Market Share - by Stroke
      • 9.1.1.6.2 Russia: Europe Electromechanical Joining Servo Press Market Share - by Application
    • 9.1.1.7 Rest of Europe: Europe Electromechanical Joining Servo Press Market - Revenue and Forecast, 2021-2031 (US$ Million)
      • 9.1.1.7.1 Rest of Europe: Europe Electromechanical Joining Servo Press Market Share - by Stroke
      • 9.1.1.7.2 Rest of Europe: Europe Electromechanical Joining Servo Press Market Share - by Application

10. Competitive Landscape

• 10.1 Heat Map Analysis
• 10.2 Company Positioning & Concentration

11. Industry Landscape

• 11.1 Overview
• 11.2 Market Initiative
• 11.3 Product Development
• 11.4 Mergers & Acquisitions

12. Company Profiles

• 12.1 RARUK Automation Ltd
  • 12.1.1 Key Facts
  • 12.1.2 Business Description
  • 12.1.3 Products and Services
  • 12.1.4 Financial Overview
  • 12.1.5 SWOT Analysis
  • 12.1.6 Key Developments
• 12.2 Kistler Group
  • 12.2.1 Key Facts
  • 12.2.2 Business Description
  • 12.2.3 Products and Services
  • 12.2.4 Financial Overview
  • 12.2.5 SWOT Analysis
  • 12.2.6 Key Developments
• 12.3 JANOME Corporation
  • 12.3.1 Key Facts
  • 12.3.2 Business Description
  • 12.3.3 Products and Services
  • 12.3.4 Financial Overview
  • 12.3.5 SWOT Analysis
  • 12.3.6 Key Developments
• 12.4 IAI Industrieroboter GmbH
  • 12.4.1 Key Facts
  • 12.4.2 Business Description
  • 12.4.3 Products and Services
  • 12.4.4 Financial Overview
  • 12.4.5 SWOT Analysis
  • 12.4.6 Key Developments
• 12.5 CORETEC Inc.
  • 12.5.1 Key Facts
  • 12.5.2 Business Description
  • 12.5.3 Products and Services
  • 12.5.4 Financial Overview
  • 12.5.5 SWOT Analysis
  • 12.5.6 Key Developments
• 12.6 Dai-ichi Dentsu Ltd.
  • 12.6.1 Key Facts
  • 12.6.2 Business Description
  • 12.6.3 Products and Services
  • 12.6.4 Financial Overview
  • 12.6.5 SWOT Analysis
  • 12.6.6 Key Developments
• 12.7 Bosch Rexroth AG
  • 12.7.1 Key Facts
  • 12.7.2 Business Description
  • 12.7.3 Products and Services
  • 12.7.4 Financial Overview
  • 12.7.5 SWOT Analysis
  • 12.7.6 Key Developments
• 12.8 SCHMIDT Technology GmbH
  • 12.8.1 Key Facts
  • 12.8.2 Business Description
  • 12.8.3 Products and Services
  • 12.8.3 Financial Overview
  • 12.8.4 SWOT Analysis
  • 12.8.5 Key Developments
• 12.9 TOX PRESSOTECHNIK GmbH & Co.KG
  • 12.9.1 Key Facts
  • 12.9.2 Business Description
  • 12.9.3 Products and Services
  • 12.9.4 Financial Overview
  • 12.9.5 SWOT Analysis
  • 12.9.6 Key Developments
• 12.10 PROMESS INC.
  • 12.10.1 Key Facts
  • 12.10.2 Business Description
  • 12.10.3 Products and Services
  • 12.10.4 Financial Overview
  • 12.10.5 SWOT Analysis
  • 12.10.6 Key Developments

13. Appendix

• 13.1 About The Insight Partners