[Insight] The market space of high-speed precision press is huge, and the technology of local enterprises continues to improve

At present, the automobile manufacturing field is the largest demand end of high-speed precision press. With the support of national policies, the prosperity of China’s new energy vehicle industry has been increasing.
High-speed precision press is a kind of stamping equipment suitable for continuous precision machining in large quantities. Compared with traditional pneumatic and hydraulic presses, high-speed precision presses have the advantages of simple operation, good energy-saving effect, low noise, high accuracy, high rigidity, and good reliability, and are widely used in the stamping process of precision small parts such as automobile manufacturing, mechanical manufacturing, electronic and electrical manufacturing. According to the different body types, high-speed precision presses can be divided into four pillar high-speed precision presses, open high-speed precision presses and closed high-speed precision presses.
At present, the automobile manufacturing field is the largest demand end of high-speed precision press. With the support of national policies, the prosperity of China’s new energy vehicle industry has been increasing. According to the statistics of the China Automobile Industry Association, the output of new energy vehicles in China will reach 3.545 million in 2021, with a market share of 13.4%.
High-speed precision press can be used for the press fitting of automobile transmission shaft components, engine components, brake disc components, steering gear components and gear box components. According to the “2023-2028 in-depth market research and investment prospect forecast analysis report of high-speed precision press industry” released by the New Scientology Industry Research Center, driven by downstream demand, China’s high-speed precision press market scale continues to expand, breaking through 11 billion yuan in 2021.
High-speed precision press enterprises in China mainly produce closed high-speed precision press, which accounts for nearly 70% of the market in China. In the early 1980s, Jinan Foundry and Forging Institute and Beijing Low-voltage Electrical Appliance Factory jointly developed the first closed high-speed precision press J75G-60 in China; In 2010, Yangzhou Forging Machine Tool Co., Ltd. completed the design and manufacture of the first J76-550 closed two-point high-speed precision press in China; In recent years, China’s leading enterprises have begun to focus on the research, development and production of closed four-point high-speed precision presses.
In the global market, Japan, Switzerland, the United States and Germany are the first countries to carry out research and production of high-speed precision presses. AIDA of Japan, AGATHON of Switzerland, MINSTER of the United States and SCHULER of Germany are world famous manufacturers of high-speed precision presses.
The main manufacturers of high-speed precision presses in China include Yangzhou Forging Machine Tool Co., Ltd., Ningbo Jingda Forming Equipment Co., Ltd., Zhejiang Shuaifeng Precision Machinery Manufacturing Co., Ltd., etc. According to the financial report of Ningbo Jingda Enterprise, the company’s precision press series products achieved a revenue of 200 million yuan in 2021, an increase of 88.4% year on year.
Industry analysts in the new thinking field said that in recent years, driven by the national “double carbon” goal, the high-speed precision press industry has gradually developed towards energy saving. It is expected that efficient and energy-saving products will become the mainstream of the market in the future. Benefiting from the continuous improvement of the technical level of local enterprises, the performance and quality of high-speed precision presses in China have been greatly improved. With the improvement of the prosperity of the new energy automobile industry, the high-speed precision pressure will gain broad market prospects.