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 VALUED THE ROLLING MILL AND OTHER METALWORKING MACHINERY MANUFACTURING MARKET AT $51 BILLION IN 2017
Asia Pacific was the largest geographic region accounting for more than half of the global market.
According to The Business Research Company’s Consultant, Nitin Gianchandani, globally, 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. 3D lasers are typically used in automotive and aerospace industry for cutting or welding of aluminum parts, drilling of engine parts, and laser surfacing of used parts.
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TRUMPF Group was the largest competitor of the market, generating revenues of $3.32 billion in 2017. TRUMPF Group’s growth strategy is to offer a comprehensive product portfolio for digitally connected production. Using TruConnect solutions modules and the AXOOM software, it is planning to enable both horizontal and vertical customer connectivity. It believes in consistent digitalization of its added value proceeding on a cross-divisional basis to provide in-depth advice to its customers.
Rolling mill and other metalworking machinery manufacturing industry comprises establishments primarily engaged in manufacturing rolling mill machinery and equipment and/or other metal working machinery.
Rolling Mill And Other Metalworking Machinery Manufacturing Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
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