|
Having problems reading this newsletter? View it online HERE. |
||
|
|
||
|
||
Your catalog to the latest metal manufacturing systems and technologies that can help you improve your profitability.The PRECISION GRINDING Issue |
||
|
PRECISION GRINDING: The grinding machines sector is a mature market worldwide, characterized by stabilizing growth patterns. The relatively sedate growth pattern displayed by the market mirrors the high level of technology penetration. A significant percentage of new innovations are almost always based on already existing technologies, creating only a fine line of distinction between what is conventional and what is really new in grinding technologies. Most new product models simply feature control modifications and changes in product designs and materials. The upcoming years will witness innovation being focused largely on customizing products and existing technologies to meet the requirements of newer applications, such as in wind power systems and the oil and gas industry. North America is especially forecast to record increases in demand from these application areas, given the fact that wind energy generation is fastest growing in the U.S. The proposed additions to the currently-installed U.S. capacity offer significant opportunities for the growth of grinding machines. Europe and Asia-Pacific collectively account for nearly two-thirds of the worldwide grinding machines market. Demand for surface grinding machines, after posting years of steady growth driven largely by replacements of traditional machine tools and an early 2000s boom of the automotive, aerospace and defense industry, is now forecast to slow down, tempered by market maturity, global economic slowdown, and the prolonged state of doldrums of the automotive industry. On the bright side, investments in building energy infrastructure and the upgrading of aging utilities will offer opportunities for growth for surface grinding machines. The market is especially expected to benefit from the modernizing projects already underway in several developing countries. The market for cylindrical grinding machines, which suffered in the recent past due to a sharp decrease in demand from the automotive industry despite healthy demand from the aircraft manufacturing industry, is poised to witness stabilizing growth in the upcoming years. Key factors expected to drive future growth include strong and promising opportunities in the energy industry (specifically wind power) and in the turbine manufacturing industry. Demand for NC (numerically controlled) and CNC (computer numerically controlled) grinding machines will be driven by Asian countries, where increased manufacturing, modernization and expansion activity in the aircraft manufacturing industry is imminent, thanks to promising expansion in air travel, and overall economic growth. Key players dominating the global grinding machines market include: Aba z&b Schleifmaschinen GmbH, Amada Co Ltd, ANCA Inc. , Fives Cinetic SA, Gleason Corporation, Jtekt Corporation, L. Kellenberger & Co. AG, Okuma Corporation, Schleifring Group, Taiyo Koki Co Ltd. , Toshiba Machine Co Ltd. , United Grinding Technologies, and WMW Machinery Company, among others. For more details about this comprehensive market research report, get the report "Grinding Machinery: A Global Strategic Business Report" by Global Industry Analysts, Inc. This market data and analytics report provides a comprehensive industry overview, product overview, key market trends, product introductions/innovations, profiles of major players, recent industry activity, and the value of sales for regions such as U.S., Canada, Europe, Asia Pacific, and the rest of the world. As you review this report on the industry, take a look at some of the latest precision grinding systems to appear in the market.
|
|
|
Check out more METAL CUTTING Products at www.fandmmag.com |
||
| Copyright © 2010 All rights reserved. - Cygnus Interactive, a Division of Cygnus Business Media. - Advertise | ||