What is a servo press?

A servo press uses servo motors for precise force and position control during forming operations.

How do I calculate servo press tonnage?

Use our free tonnage calculator at servopress.club/tonnage-calculator.html

2024 Global Servo Press Market Report and Trends

admin

The global servo press market continues its strong growth trajectory in 2024.

## Market Size and Growth

The global servo press market was valued at approximately **USD 2.8 billion in 2023** and is projected to reach **USD 4.2 billion by 2028**, growing at a CAGR of 8.4%. Asia-Pacific dominates with 58% market share.

## Key Growth Drivers

**EV Battery Manufacturing:** Electric vehicle battery production requires precise forming of thin aluminum and copper components. Servo presses with ±0.005mm repeatability are becoming standard.

**Automotive Lightweighting:** High-strength steel and aluminum forming requires programmable speed profiles that only servo presses can provide.

**Reshoring:** North American and European manufacturers are investing in new press shops with servo technology.

## Technology Trends

**Direct Drive:** Elimination of the flywheel and clutch/brake system is gaining traction in the 100–400 ton range.

**IoT Integration:** Real-time monitoring of tonnage, slide position, and energy consumption is now standard. Predictive maintenance algorithms are reducing unplanned downtime by 40%.

## Competitive Landscape

- **Japanese** (Aida, Komatsu, Yamada): technology leadership in high-precision applications
- **German** (Schuler): dominate large-tonnage automotive press lines
- **Chinese** (Chin Fong, Yangli): rapidly closing the technology gap, winning on price in mid-range

## Outlook

Key risks include semiconductor supply chain constraints and potential slowdown in EV adoption.

carlos_stamping

The EV battery angle is real. We just quoted 3 servo press lines for battery casing stamping in the last quarter alone. Two years ago that was zero. The tolerances on battery casings are tighter than most automotive structural parts, so hydraulic presses can't compete.

sarah_mfg_eng

Interesting numbers. At our plant we've gone from 2 servo presses in 2020 to 8 in 2024. All driven by new UHSS programs that our mechanical presses couldn't handle. The 6-8% market growth feels about right from what I'm seeing on the ground.