South Korea Powder Compacting Press Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.4 Billion by 2030, growing at a CAGR of 7.8% from 2024 to 2030.
The South Korea powder compacting press market has witnessed substantial growth due to the increasing demand for high-precision components in various industries. Powder compacting presses play a crucial role in shaping powdered materials into solid forms, making them indispensable for the manufacturing of parts in automotive, electronics, and aerospace sectors. These presses provide high-density and durable components that meet the precise standards required in these industries, making their application widespread in South Korea.
The automotive industry, in particular, has emerged as a key player in the demand for powder compacting presses. As the automotive sector continues to push for lighter and more fuel-efficient vehicles, manufacturers rely on advanced materials such as metal powders that can be precisely shaped into high-strength parts. Components such as gears, bearings, and valve seats benefit from the powder compacting process, making it an essential aspect of modern car production.
In addition to automotive, the electronics sector also drives the need for powder compacting presses. With the growing trend of miniaturization in electronic devices, the demand for micro-components such as connectors, sensors, and housings has surged. Powder compacting presses allow manufacturers to create these small yet complex parts with high precision, making them a cornerstone in the production of electronic devices in South Korea.
Moreover, the aerospace industry in South Korea relies on powder compacting presses for the production of lightweight, high-strength parts needed for aircraft manufacturing. The ability to produce parts with reduced weight without compromising strength is crucial for improving fuel efficiency and performance. Powder compacting presses offer the ideal solution for producing parts that meet stringent aerospace standards.
The demand for these presses has increased due to the industries' need for higher efficiency, reduced waste, and the ability to handle complex geometries. South Korea’s strong emphasis on technological innovation and quality manufacturing ensures the powder compacting press market remains a vital part of the country’s industrial landscape.
Get an In-Depth Research Analysis of the South Korea Powder Compacting Press Market Size And Forecast [2025-2032]
Â
SMS Group GmbH
Osterwalder
Gasbarre Products
Ajax CECO Erie Press
Beckwood Press
DORST Technologies GmbH
Cincinnati Incorporated
Nanjing East Precision Machinery
Santec Exim
Quintus Technologies
SACMI IMOLA
Savage Engineering
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the South Korea Powder Compacting Press Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Powder Compacting Press Market
Hydraulic Press
Mechanical Press
Pneumatic Press
CNC Powder Compacting Press
Metal Powder Compaction
Ceramic Powder Compaction
Composite Powder Compaction
Pharmaceutical Powder Compaction
Aerospace
Automotive
Electronics
Medical Devices
Tooling and Manufacturing
Original Equipment Manufacturers (OEMs)
Research and Development Institutions
Contract Manufacturing Organizations
End-user Industries
Manual Powder Compacting Press
Automatic Powder Compacting Press
Semi-automatic Powder Compacting Press
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea Powder Compacting Press Market Research Analysis
1. Introduction of the South Korea Powder Compacting Press Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Powder Compacting Press Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Powder Compacting Press Market, By Type
6. South Korea Powder Compacting Press Market, By Application
7. South Korea Powder Compacting Press Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Powder Compacting Press Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/