Powder Compacting Pressers Market Worth $408.9 Million By 2028
Powder Compacting Pressers Industry Overview The global powder compacting pressers market size is expected to reach USD 408.9 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.7% from 2020 to 2028. The rising adoption of powder compacting pressers in the end-use industries, including automobile, military, machining, and aerospace, is anticipated to have a positive impact on the market growth. Powder Compacting Pressers Market Segmentation Grand View Research has segmented the global powder compacting pressers market on the basis of product, application, end use, and region: Based on the Product Insights, the market is segmented into Hydraulic, Electric, Hybrid, Mechanical, Servo-hydraulic. The mechanical powder compacting pressers led the market and accounted for 47.6% share of the global revenue in 2020 as they provide one of the fastest production speeds and are suitable for large-scale production....