Machine Shops; Turned Products and Screw; Nut, and Bolt Manufacturing market comprises of establishments primarily engaged in operating machine shops, that are using machine tools, such as lathes and automatic screw machines, for turning, boring, threading or otherwise shaping metal, to manufacture parts, other than complete machines, for the trade. Shops that are being set up to do production runs of industrial fasteners, such as bolts, nuts and screws, are also included.
The global machine shops; turned product; and screw, nut, and bolt manufacturing market was valued at $1497.6 billion in 2017. Asia Pacific was the largest geographic region accounting for $838.8 billion or 56.0% of the global market. And China was the largest country accounting for $455.8 billion or 30.4% of the global machine shops; turned product; and screw, nut, and bolt manufacturing market.
“Smart” Damper, manufactured by BIG KAISER, is a boring bar that are increasingly being used in lathe applications due to its higher productivity at critical boring depth. Damping is an influence to depress oscillations produced due to high sound in the boring bar. Smart Damper however, is a tool holder whose various parts are coordinated with the damping system in order to give a very précised deep hole finished boring in absence of oscillations. It provides better surface finishing, greater accuracy and increased metal removal rates at significant depths compared to the existing methods.
Companies Covered: Infasco, Leland Industries, PCC, EBC Industries, EJOT Holding
Market Segments Included: Machine Shops, Turned Product And Screw, Nut, And Bolt
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