The hydraulic and pneumatic press market in India has been growing gradually over the past few years. The market is expected to grow at a CAGR of around 5 percent till 2026, according to a report by Research and Markets. The growth of the market is primarily driven by the increasing demand for automation in various industries, such as automotive, aerospace, and construction. Hydraulic and pneumatic presses are widely used in these industries for various applications, such as metal forming, stamping, bending, and shearing. The increasing adoption of Industry 4.0 technologies, such as IoT and artificial intelligence, is expected to boost the market further. These technologies enable the integration of hydraulic and pneumatic presses with other equipment and machines, thereby increasing efficiency and productivity.
Furthermore, the government's Make in India initiative has encouraged the growth of domestic manufacturing, leading to an increase in demand for hydraulic and pneumatic presses. There is a rise in investments in infrastructure projects and the increasing demand for electric vehicles is expected to drive the market growth in the coming years. Realizing its significance, we have come up with this special issue focusing exclusively on it. The cover story of this issue features Electropneumatics & Hydraulics, which is a family-run business that has been designing, and manufacturing Hydraulic Presses for Deep draw, Trimming, Forming, Punching, Compression Moulding Presses, Powder Compacting Presses, Forging, Extrusion Presses, and Special Purpose Forming Presses, since five decades. Reading on you will find more such stories.
In addition, the issue will acquaint you with the other top companies in this domain. After studying the industry landscape in-depth, Industry Outlook has zeroed in on the top 10 companies that have excelled in this field with their meticulous approach. Having proven their dedication in order to meet the customer expectations in an end-to-end manner, these companies have stood out from the crowd.
We look forward to receiving your feedback and suggestions.
