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