Digital Servo Press Market to Reach $1.17 Billion by 2031, Driven by Growth in Asia Pacific
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Digital servo press market was valued at $831.5 million in 2021 and is projected to reach $1.17 billion by 2031, growing at a CAGR of 3.6%.
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Asia Pacific accounted for 48.47% of the global digital servo press market in 2021 due to high manufacturing activity.
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The linear segment holds the largest share in the digital servo press market based on type.
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Direct sales are the leading distribution channel for digital servo presses.
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Key players in the digital servo press market include Dai-ichi Dentsu Ltd., Hoden Seimitsu Kako Kenkyusho Co. Ltd., and Amada Machine Tools Co. Ltd. among others.