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In 2018, the Asia Pacific hydraulic press machine market was valued $XX million and was expected to generate a revenue of $XX million by 2027, with an anticipated CAGR of 5.15% from 2019 to 2027.
The rising demand for high-force pressing applications, increase in adoption of automated systems in manufacturing domain and the rising interest in usage of fabricated metal in automotive industry are proliferating the market growth in the Asia Pacific region. The economies of China, Australia, Japan, South Korea, India and the Rest of APAC are the major contributors by revenue to the APAC hydraulic press machines market. China had captured the largest revenue in the fiscal year 2018, mainly because of the increasing construction activities and transport facilities in the country.
The eminent companies operating in the market are Betenbender Manufacturing, Inc., French Oil Mill Machinery, Worcester Presses Ltd., Sanki Seiko Co., Ltd., LASCO Umformtechnik GmbH, Komatsu, Schuler AG, Beckwood Corporation, Actuant Corporation, Greenerd Press and Machine Company Ltd., Dorst Technologies GmbH & Co. KG, ASAI Corporation, Fuijan Haiyuan Automation Equipments Co. Ltd., Japan Automatic Machine Co. Ltd., and Gasbarre Products, Inc.