The world of big skyscrapers, complicated tools, and heavy machineries have been made possible by metal fabrication tools which assists in the production of the required sheet metal, nuts and bolts, and springs and wires. Metal fabrication tools and equipment are used in metal fabrication shops to provide shape and structure to metal components. By cutting, burning, welding, machining, forming, and assembling raw metal materials, desired machines and structures are formed. Lathes, boring machines, milling machines, and drilling machines are some common types of metal fabrication tools and equipment. The metal fabrication process can either be manual or automated. However, after the fourth industrial revolution, metal fabrication process has been highly automated with manufacturers looking to incorporate IoT systems. Increasing adoption of IoT systems is expected to drive the growth of the global metal fabrication equipment market as manufacturers seek to establish harmony between manufacturing and information management systems.
Top vendors involved in the manufacturing of metal fabrication tools and equipment
Trumpf
Trumpf is a family-owned metal fabrication equipment company and is one of the largest machine tool suppliers in the world. The company has production facilities in Germany, France, the UK, China, Japan, and the US. Under their machine and systems product portfolio, the company offers products and services including laser cutting machines, 3D laser cutting, laser tube machine cutting, marking systems, punching machines, bending machines, and storage systems. In September 2017, Trumpf opened a technology center in Chicago, Illinois, catering specifically to Industry 4.0 solutions. The company spent more than $30 million for the technology center that covers an area of 50,000 sq.ft.
Shenyang Machine Tool
Shenyang Machine Tool is the largest machine tool and equipment manufacturer in China and is one of the leading companies of metal fabrication equipment globally. The company’s products are mainly used for cutting and processing of metal materials. The company has a wide array of metal fabrication tools including cutting, milling, boring, and drilling equipment. The company has an R&D center in Berlin that ensure quality product design and performance accuracy. The company manufactures about 80,000 small and large equipment annually.
Amada
Amada is a global manufacturer of metal processing equipment and machinery, involved in producing metal cutting, forming, punching, and shearing equipment. The company is headquartered in Kanagawa, Japan and employs more than 8,000 people across the globe. Apart from metal fabrication tools and equipment, the company also offers software solutions for machine automation and training. Their latest product 3kW ENSIS utilizes a highly innovative resonator to precisely and automatically adjust the diameter of the laser beam which enables continuous processing of thin-to-thick materials by a single machine with no lens change.
Okuma
Okuma is a machine tool builder that started operations as Okuma Noodle Machine company in 1898 but started making machine tools under Okuma Machine Works, which was established in 1918. The company was involved in producing lathes in the earlier days but now offers CNC lathes and machining centers. Their CNC machine tools renowned for excellence and delivering innovative and groundbreaking technologies. The company reported revenues of $1.45 billion for the year 2016 which was a significant 13.7% increase over the previous year.
DMG Mori Seiki
DMG Mori Seiki was formed by a strategic partnership between Deckel-Maho-Gildemeister of Gildemeister and Mori Seiki around 2009. The Japnese company has since grown to be one of the world largest suppliers of machine and metal fabrication tools and markets its products under the name DMG Mori. The company has developed and produced more than 200 models of CNC lathes and machining centers since its establishment.
Read more about the key vendors in the metal fabrication tools and equipment market along with supply market insights, pricing models, procurement challenges, and sourcing insights in SpendEdge’s upcoming report on the global metal fabrication equipment market.
