Metal Working market
Growing market 4-5% CAGR for until 2030
The use of autonomous tools is projected to be driven by the growing number of smart factories and increased investment by manufacturers
The growth of the global motion control market has triggered a substantial demand for motion control products, particularly in robotics, electronics assembly, semiconductor, machine tool, automotive and renewable energy industries
Manufacturing Trends
Increasing demand for highly-efficient metal cutting machinery for latest materials and compounds
Sustainability, employee safety, energy efficiency and reduction of emission drive machining industry development and manufacturing investments
Growing interest in additive manufacturing
Accelerating digitalization and adoption of Industry 4.0 – automation, robots, Internet of things and artificial intelligence