DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Lathe Machine Market 2016-2020" report to their offering.
The analysts forecast the global lathe machine market to grow at a CAGR of 1.97% during the period 2016-2020.
Global Lathe Machine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Metal additive manufacturing also known as direct metal laser sintering uses Yb (Ytterbium) fiber laser fired into a bed of powdered metal. The laser aims automatically at points in space as defined by a 3D model. The direct metal laser sintering (DMLS) process involves the use of a 3D CAD model where a .stl file format is created and sent to the machine's software. A technician properly orients the geometry of this 3D model for part building and adds support structure as appropriate. After the completion of the build file, it is sliced into layers of thickness that the machine will build. This is followed by downloading the sliced build file to the DMLS machine allowing the build to begin. The DMLS machine makes use of Yb-fiber optic laser powered 200 watts.
The growing demand for superior-quality products has propelled companies to undertake automation in manufacturing. Investment in global process automation is continuing to grow at 6% and is projected to reach $120 billion by 2019. This growth is focused on areas such as technology, hardware, software, services, and the communication protocol used for automation.
Key vendors
- DMTG
- DMG Mori
- Yamazaki Mazak
- Okuma
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Samsung Machine Tools
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/t92vc4/global_lathe