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 (except industrial molds; special dies and tools, die sets, jigs, and fixtures; cutting tools and machine tool accessories; and machine tools).
Rolling Mill and Other Metalworking Machinery Manufacturing Global Market Size
The global rolling mill and other metalworking machinery manufacturing market was valued at $50.5 billion in 2017. Asia Pacific was the largest geographic region accounting for $26.21 billion or 51.9% of the global market. China was the largest country accounting for $11.5 billion or 22.8% of the global rolling mill and other metalworking machinery manufacturing market.
Rolling Mill and Other Metalworking Machinery Manufacturing Global Market Trend
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 companies covered are TRUMPF Group, Amada Co Ltd, Mitsubishi Electric, LST GmbH, and Mazak.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
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