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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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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sample report at:
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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