Automation In Machine Tools Manufacturing To Improve The Productivity Of The Global Metalworking Machinery Manufacturing Market
Posted October 11, 2018 by aleemtbrc
The global metalworking machinery manufacturing market was valued around $312 billion in 2017. Asia Pacific was the largest region in the metalworking machinery manufacturing market in 2017.
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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 molds, conversion or straightening equipment, special dies, tools, jigs, and fixtures.
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https://www.thebusinessresearchcompany.com/report/metalworking-machinery-manufacturing-global-market-report-2018
The global metalworking machinery manufacturing market has been growing in the past years with a CAGR of over 9%. The year 2017 recorded highest growth in this market with a net market value almost 50% higher than that of 2013, as per TBRC’s in-house consultants.
TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the global metalworking machinery manufacturing market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.
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https://www.thebusinessresearchcompany.com/sample.aspx?id=306&type=smp
New automation techniques and robotic solutions are used by metalworking machinery manufacturers to reduce downtime and increase productivity. Popular automation techniques include smart camera systems, intelligent control systems, shop floor monitoring systems, 3D vision technology, and robotic material handling systems. Robots allow faster assembling of complex components as compared to traditional machine manufacturing tools. Robots automate the milling, trimming, drilling, cutting and forming processes. Automation enables machine manufacturing companies to significantly increase production volumes with automation technologies, thereby decreasing production costs and increase profit margins.
Companies included in the report are TRUMPF Group, Amada Co., Ltd., Kennametal, Inc., Komatsu Ltd, and Okuma Corporation.
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| Contact Email | [email protected] |
| Issued By | Aleemuddin |
| Phone | 02071930708 |
| Business Address | The Business Research Company, www.thebusinessresearchcompany.com |
| Country | United Kingdom |
| Categories | Business , Engineering , Manufacturing |
| Tags | metalworking machinery manufacturing global market report 2018 , metalworking machinery manufacturing market overview , metalworking machinery manufacturing market report , rolling mill and other metalworking machinery manufacturing report analysis , special die and tool |
| Last Updated | October 11, 2018 |