MANUFACTURING 4.0
ITH THE INTERNET of things leading the indomitable march of Industry 4.0 , it ’ s no surprise that CNC ( computer numerical control ) machining is dominating the lathing , milling and grinding sectors of metalwork .
According to a new report by Grand View Research , Inc ., the global CNC machines market is expected to reach $ 100.9bn by 2025 , rising at a CAGR of 6.8 % over the forecast period . The increase has been dictated by a growing need for reduced operating costs , increased efficiency and a dramatically slimmer likelihood of component errors .
More advanced lathing , milling , grinding , welding and laser machines are being implemented in metalworking facilities all over the world as technology continues to demand it . The integration of CNC machinery with CAM ( computer-aided manufacturing ) helps reduce manufacturing time as well as ensuring the production of flawless components , leading
32 June 2018