Tuesday, 13 February 2018

Metal Cutting Machine (MCM) for Manufacturing Industrial Components with Accuracy

Metal cutting machine (MCM) is metal processing tool utilized for manufacturing industrial components. An MCM is broadly used to cut various types of ferrous or non-ferrous metals to create individual parts, large-scale structures, and assemblies. It can perform a variety of tasks including drilling, shaping, grinding, sawing, and broaching in a wide range of industries such as automotive, electronics, electrical, construction, defense, aerospace, and shipbuilding.

Metal Cutting Machine (MCM) Market

Creating High-quality Structure with Precision

Different types of MCM such as laser cutting machines, waterjet cutting machines, plasma cutting machines, and flame cutting machines are widely utilized in the manufacturing process. In 2016, the laser cutting machine segment estimated for the largest market share and is predicted to exhibit significant growth over the forecast period (2014 to 2025). Laser cutting machines are commonly used for various industrial manufacturing applications for making quality surface finish products. They are extensively used in aerospace manufacturing processes and shipbuilding. They can also be used for repairing ships. 

Recently, Jenoptik developed a 3D laser metal cutting machine called JENOPTIK-VOTAN BIM. The non-contact system is intended for 3D metal cutting of chassis components for the automotive industry. The concept behind this system is based on a beam regulator inside the robot. The equidistant internal beam path ensures stable beam quality.

Waterjet cutting machines are extensively utilized to manufacture machinery parts and other heavy equipment. This MCM is utilized for cutting brittle, heat-sensitive, and hard metals to obtain specific edges. It uses a jet of water at extremely high pressure or combination of water with an abrasive material.

Market Overview

According to Grand View Research, Inc., the worldwide metal cutting machine (MCM) market is to reach a value of USD 9.79 billion by 2025. Rising demand from numerous industries for cutting a wide range of industrial components with accuracy can impel the market. However, lack of skilled labor may hamper the growth of the market to an extent. Asia Pacific is estimated to be one of the major markets owing to increasing implementation of automation in this region.

Key players operating in the market include Koike Aronson, Inc.; Water Jet Sweden AB; Lincoln Electric Holdings, Inc.; TRUMPF GmbH + Co. KG; and Dalian Tool Group Corporation.

In-Depth Research Report On Metal Cutting Machine (MCM) Market:

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