This research report titled ‘Global Press Brake Market 2016-2020’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
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Based on type, the report categorizes the global press brake market into four segments:
- Servo motor
Hydraulic press brake market
In a hydraulic press brake, hydraulic pumps are used to power a hydraulic cylinder, which in turn drives the slide or ram. Hydraulic press brakes facilitate easy programmability of operational parameters such as force, travel distance, and return position. Thus, a single press can effectively handle multiple tools for various applications. Flexibility in operation is one of the main advantages of this tool.
According to Anju Ajaykumar, a lead analyst at Technavio for tools and components research, “The hydraulic segment dominated the market since the 1980s, and is likely to continue its dominance during the forecast period. This segment is expected to grow at a moderate rate during the forecast period. Rapid replacement of mechanical press brakes by hydraulic press brakes due to cost and safety issues has led to the dominance of this segment in the market.”
Mechanical press brake market
Mechanical press brakes use electric motor to power a flywheel. The power is then transferred through a clutch to the crank mechanism, which moves the ram vertically. Speed is the main advantage of mechanical press brakes over hydraulic press brakes.
The mechanical press brake segment dominated the market until the 1980s. However, with the advent of hydraulic press brakes and increased focus on safety, energy efficiency, and superior-quality products, this segment saw a rapid decline in market share. The high cost of dies and other components is also a major reason for the declining market share of mechanical press brakes. The popularity of hydraulic press brakes and increasing applications of servo motor and pneumatic press brakes will negatively impact the growth of the mechanical press brakes segment during the forecast period, resulting in a significant drop of about 2.3% in market share.
Pneumatic press brake market
Manipulation of air pressure is applied to control pneumatic presses. As the air is forced into a tube, pressure is induced, causing the press to move downward. After the execution of the stroke, the air is evacuated through mechanical springs and valves, causing the pump to move upward.
This segment is projected to grow at a steady rate during the forecast period. High speed is the key advantage offered by pneumatic presses to end-user applications. Pneumatic brake press can work 10 times faster than a conventional hydraulic press brake. Flexibility and versatility offered by pneumatic presses in terms of conduciveness to different operational conditions will support its adoption by end-users. Low maintenance cost, mainly due to fewer moving parts, reduces the operational cost of this type of presses.
Servo motor press brake market
Servo electric press brakes use a servo motor to drive a belt drive or ball screw to apply pressure on the ram. The sales of servo motor press brakes have grown at a significant rate during 2009-2014, and are likely to increase further during the forecast period, leading to market share gains of approximately 2.1%.
“The high degree of control offered by servo motor press brakes is the main reason for the growing adoption of these press brakes by end-users. The spending on servo motor presses is expected to double in 2016. The spending on hydraulic and mechanical presses will remain high compared to servo motor presses, but we expect the gap to narrow down considerably during the forecast period,” says Anju.
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