Digital servo press refers to a press that uses servo motors for driving control. Due to its CNC characteristics, it is sometimes also called a CNC press. The servo press drives the eccentric gear through a servo motor to achieve the process of slider movement. Through complex electrification control, the servo press can program the stroke, speed, pressure, etc. of the slider arbitrarily, and even reach the nominal tonnage of the press at low speeds. Compared to traditional hydraulic and pneumatic presses, digital servo presses have higher control accuracy, shorter response time, and higher production efficiency.

Overview of Market Development and Analysis of Segmented Markets

With the continuous progress of technology and the gradual implementation of Industry 4.0, the global digital servo press market is facing unprecedented development opportunities. According to our research data, the total revenue of the global digital servo press market is expected to reach $1866 million in 2023, among which the segmented market revenue of digital servo presses with torque less than 100KN is estimated to be $1029 million, and the market share is expected to reach 55.15%, occupying a dominant position.

From the perspective of downstream applications, as efficient and high-precision manufacturing equipment, digital servo presses have a wide range of applications in fields such as automobiles, electronics, aerospace, and precision machinery. Among them, the automotive industry is the largest downstream application market for digital servo presses.

Source: www.globalmarketmonitor.com

Analysis of Driving Factors for Market Development

Technological progress: With the continuous development of digital servo technology, the performance and accuracy of digital servo presses have been greatly improved, meeting the needs of various industries for high-precision and high-quality products.

Manufacturing upgrading: With the transformation and upgrading of the global manufacturing industry, especially the rapid development of intelligent manufacturing, the application field of digital servo presses is constantly expanding.

Rising labor costs: With the rise of global labor costs, manufacturing enterprises have increasingly high requirements for production efficiency and quality, which provides an opportunity for the development of the digital servo press market.

Analysis of Market Competition Pattern

From the perspective of market competition, the concentration of the global digital servo press market is low. Data shows that in 2020, the total revenue of the digital servo press market for the top 3 enterprises in the industry was $124 million, with a total revenue share of 8.22%. The total revenue of the top 6 enterprises was $226 million, with a total market share of only 14.92%. The top three companies were Komatsu America Industries, AMADA Machine Tools, and Dai-ichi Dentsu Ltd. In 2020, these three companies accounted for 2.90%, 2.80%, and 2.52% of the global market revenue in the digital servo press market, respectively.

Digital Servo Press Market Revenue and Revenue Share of Main Enterprises in 2020

Enterprises	Market Revenue (Million USD)	Share
Komatsu America Industries	44	2.90%
AMADA MACHINE TOOLS	42	2.80%
Dai-ichi Dentsu Ltd.	38	2.52%
Top3	124	8.22%
Top6	226	14.92%

Source: www.globalmarketmonitor.com