Global Ultra Hard Material Cutting (UHMC) Machine Market 2017-2021

Overview of the global ultra hard material cutting (UHMC) machine market

Technavio's market study identifies the rise in automation as one of the primary growth factors for the ultra hard material cutting (UHMC) machine market. Companies are increasingly adopting automation techniques to enhance their productivity, increase their profit margin, and meet anticipated quality standards. Additionally, automation also monitors the manufacturing processes and maintains the quality of products and eliminates the possibility of human error that hampers production quality. It has been observed that investments in the process automation market in the US will USD 30 billion by 2021. Such investments in automation will increase the demand for UHMC machines, fueling market growth. Our market analysts estimate that this market will grow steadily at a CAGR of about 10% by 2021.

Metal cutting tool manufacturers are adopting 3D printing technology on a large-scale to create prosthetics, full-scale clothing, industrial sector, and electronic products. 3D printing technology requires less material, which improves the product marketing time and reduces the product development costs. The increasing affordability of 3D technology will also encourage the integration of 3D printing technology with electrical discharge machining (EDM). According to this industry research report, the integration of 3D printing technology will be one of the key trends that will gain traction in the UHMC machine market during the next few years.

Competitive landscape and key vendors

The UHMC machine market consists of vendors who cater primarily to the automotive, aerospace, and defense industries. Vendors in this cutting machinery market are increasingly focusing on several factors such as safety, sustainability, reliability, ease of operations, cost effectiveness, and customization. To attain a competitive advantage over the other players, the vendors have the need to cater to the customized needs and preferences, cost-effectiveness, and sustainability of the end users.

The leading vendors in the market are

• Bystronic
• Coborn Engineering
• Coherent
• DMG MORI
• GF Machining Solutions Management

The other prominent vendors in the market are AAEDM, ALPHA LASER, AMADA AMERICA, Anstar, Beaumont Machine, Belmont Equipment & Technologies, Chevalier Machinery, CHMER EDM, Current EDM, Cutlite Penta, CY Laser, DANOBATGROUP, DPSS Lasers, Fives, GF Machining Solutions Management, Hypertherm, JENOPTIK, Jet Edge, Kent Industrial USA, Laser Photonics, MC Machinery Systems, Methods Machine Tools, ONA Electroerosión, PRIMA INDUSTRIE, Sodick, Trotec Laser, Universal Laser Systems, and Vytek Laser Systems.

Segmentation by type and analysis of the UHMC machine market

• Electrical discharge machining
• Laser cutting

EDM caters to the automotive, aerospace and defense, and medical device end-user industries, since there is a high demand for technology to cut metals in different shapes, dimensions, and sizes with high precision and accuracy. The growth of the market in this segment is influenced by the growing economy, the rise in incomes, growing air passengers, and the demand for advanced medical devices.

Geographical segmentation and analysis of the ultra hard material cutting (UHMC) machine market

• Americas
• APAC
• EMEA

Influenced by rapid industrial and economic development, large and domestic companies in the electrical equipment, industrial machinery, automotive, aerospace and defense sectors, are investing heavily in manufacturing high quality and extremely durable products. This in turn, will induce companies in APAC to utilize advanced cutting machine technology, fueling this cutting machinery market's growth in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global ultra hard material cutting (UHMC) machine market?
• What are the key market trends impacting the growth of the global ultra hard material cutting (UHMC) machine market?
• What are the challenges to market growth?
• Who are the key vendors in the global ultra hard material cutting (UHMC) machine market?
• What are the market opportunities and threats faced by the vendors in the global ultra hard material cutting (UHMC) machine market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global ultra hard material cutting (UHMC) machine market?

Technavio also offers customization on reports based on specific client requirement.

The machine tools required for precision cutting of ultra-hard materials like diamonds and medical implants are referred to as ultra-hard material cutting machine. This upcoming research report on the global ultra hard material cutting machine market offers insights into the major trends and forthcoming drivers influencing the growth of the heavy industry. Our reports for the heavy industry also follow a scrupulous data collection methodology and offer an extensive analysis of fast growing market segments like engineering tools.

By considering the market forecast and size, surging demand for various segments of the engineering tools sector, the market research professionals at Technavio present an all-inclusive picture of the ultra hard material cutting machine market from 2017 to 2021. Furthermore, our research practices support clients develop impactful growth strategies and keep pace with the continually changing market dynamics. This market research report also presents an extensive analysis of various products and services based on the insights from the information gathered from specific resources such as channel partners and market stakeholders.

This forthcoming market research report on the ultra hard material cutting machine market also covers vendors like DMG Mori and GF Machining Solutions. According to our industry experts, the rising popularity of fiber laser technology is expected to impact the global market in the coming years. Furthermore, to present clients with relevant market segmentation and expand in niche markets, this report on the ultra hard material cutting machine market also covers geographies like the Americas, APAC, and EMEA.

The upcoming industry research report for ultra hard material cutting machine market also categorizes the key drivers, prominent trends, along with the imminent restraints that the engineering tools sector currently experiences. This upcoming report on the ultra hard material cutting machine market also presents insights into the rapidly changing competitive landscape to give clients a complete picture of the forthcoming events within the heavy industry. Technavio also offers in-depth market assessments into the sectors such as unit operations and construction.

Our market research methodology for the ultra hard material cutting machine market

Technavio also offers clients the possibility to customize every report to suit their specific requirements and offers attractive discounts on all forthcoming reports and future purchases.