Rolling
mill machinery manufacturers are offering advanced 6-axis CNC milling machines
to efficiently fabricate complex components. CNC milling is a specific type of
computer numerical controlled (CNC) machining. This involves the use of
computers to control machine tools like lathes, mills, routers and grinders.
The 6-axis CNC machine converts a raw metal bar into the final product by
turning from both the ends of the fixture. This offers high quality products
while minimizing errors. CNC milling helps in short-run production of complex
parts and fabrication of unique precision components. Major companies
manufacturing 6-axis CNC milling are Yamazaki Mazak, DMG MORI, ERLO, Giben
International, Haas Automation, Knuth Machine Tools, IMSA.
THE BUSINESS RESEARCH COMPANY EXPECTS THE METALWORKING
MACHINERY MANUFACTURING MARKET TO GROW TO $394 BILLION BY 2021
Asia
Pacific was the largest region in the metalworking
machinery manufacturing market in 2017, accounting for more than half of the market share. This was
due to the leading global role of countries such as China and Japan in
manufacturing and industrial output.
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According to The
Business Research Company’s Consultant, Nitin Gianchandani, machine tool
manufacturers are producing 3D laser processing machines to reduce processing
time for laser cutting and welding applications.3D laser is a 5-axle laser
machine which cuts sheet-metal components in three dimensions. metals including
mild steel, stainless less and aluminium can be cut using lasers. Laser cutting
significantly reduces the processing time required for cutting applications and
thus reduces costs. Other benefits include localized laser energy input, high
feed rate and minimal heat input. They also should consider investing
automation technologies.
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TRUMPF Group was the largest player in the metalworking
machinery manufacturing market, with revenues of $4.3 billion for the financial year 2016. TRUMPF’s
growth strategy is to focus on innovation, regional diversification,
acquisitions and investment in new business segments. Trumpf is investing
approximately €68 million ($75 million) in tangible and intangible assets to
increase its production capacities in Germany. In 2015, the company acquired JK
Lasers, a UK based high-power fiber lasers manufacturers. It also acquired
AXOOM GmbH, Xetics GmbH, C-Labs Corporation that will provide software and
solutions to support manufacturing processes and execution systems and provide
secured data transfer from machines to factory IT networks and clouds.
The metalworking
machinery industry include companies manufacturing machines such as cutting
tools, metal cutting and metal forming machine tools, metalworking machinery
accessories, rolling mill machinery, assembly machinery, fabricating machines,
industrial moulds, conversion or straightening equipment, special dies, tools,
jigs, and fixtures.
Metalworking Machinery Manufacturing Global Market Report
2018 is a detailed report giving a unique insight into this market. The
report is priced at $6000 for an individual user. To use across your office,
the price is $9000 and $12000 if you wish to use across a multinational
company.
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