Trim Press: Market Outlook
A trim press operator uses a trim press to eliminate extra material from the parts produced by die casting tools. In the die casting process, the press heats the metal and then drives the liquid metal in a mold called a die. The machine cools the metal so the worker can remove the part and extra material from the die. This extra material, called flashing or gate, is trapped in the injection port when the mold is filled.
Most trim presses are used to manufacture various components of automotive vehicles. Moreover, modern trim presses are tailored with robotic interfaces for integration into preprocessing cells or automated casting cells. At the same time, machine control enables simple programming and convenient operation, and interfaces ensure communication with higher-level cell controls or master computers.
Energy Saving Trim Press
Most of manufacturers are innovating their trim press technologies to sustain their market share in the trim press market. For instance, a machine-tool manufacturer has presented an energy-saving (trim press) that features HSA (hybrid-servoactuator) technology that allows consumers to lessen energy usage without sacrificing any of the finishing ability of hydraulic trim press designs. It helps reduce the price for finishing casting. The new design also decreases noise levels at manufacturing plants, reduces liquid cleanup, and also cuts down the amount of hosing needed to serve the unit.
Metal Mechanics Inc., a major player in the trim press market, presented new computerized trim presses that integrate a robot load station, part unload mechanism, trim station, and scrap dump station into a single modular unit. In this design, as the press comes down to break the metal in the trim station, an earlier trimmed part is unloaded, a new casting is loaded, and the scrap is dumped, with each cycle that helps maximize production potential.
Trim Press Market: Dynamics
Increased demand from end-use sectors such as automotive and heavy engineering machinery is expected to support the demand for trim presses over the forecast period. The automotive industry has observed a drastic evolution in the recent past, with many important developments in technology. Old four-wheeled cars that were conventionally equipped with basic features have been converted into connected cars with advanced features. Also, laser cutting is an expensive and slow process. As such, these factors are expected to spur the demand for trim presses during the forecast period.
Trim Press Market: Regional Outlook
Region wise, Eastern Europe is anticipated to growing at a significant CAGR, owing to an increase in the demand from the heavy industrial automation sector. Growth in developed regions such as North America, Western Europe, and Japan will be driven by the expansion of industries such as the automotive industry. Latin America is considered to be one of the key markets for trim presses because of the high availability of manufacturing plants. The Asia Pacific region is also expected to record rapid growth due to the existence of major OEMs and companies in the region. Also, the demand in the Asia Pacific region is attributed to the increasing adoption of trim presses in the end-user industries. MEA is expected to observe a stable growth rate over the forecast period.
Trim Press Market: Segmentation
On the basis of die casting material used, the trim press market can be segmented into:
On the basis of type, the trim press market can be segmented into:
On the basis of industry, the trim press market can be segmented into:
Trim Press Market: Participants
Examples of some of the market participants/vendors identified in the trim press market across the globe are:
The trim press market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, material used, type, and industry.
The report covers exhaustive analysis on:
Regional analysis includes:
The trim press market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
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