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Download Free sampleThe global Servo Press market was valued at 611.4 Million USD in 2021 and will grow with a CAGR of 4.08% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of Servo Press Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Servo Press Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
With servo motor drive technology, the standard electric motor, flywheel and clutch and brake are replaced with a high-torque, low-rpm servo motor. Proprietary press controls specifically designed for the servo press achieve a wide variety of stroke lengths and slide movement profiles while supplying full working energy even at low speeds. The Servo Press industry can be broken down into several segments, < 200 T, 200-600 T, > 600 T, etc.The industry`s main producers, Schuler, Aida and Komatsu, accounted for a combined 43.26% of revenues in 2019. By region, the Asia-Pacific region has the highest share of income, at more than 53 percent.
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