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The global computer numerical control machine tools market is expected to develop at a CAGR of 7.2% during 2023-2028. Advancements in AI and computers would help the development of CNC machines and machine tools. North America, Europe and Asia are likely to be key markets.
Okuma Corporation, Amera- Seiki Corporation, Yamazaki Mazak Corporation, Komatsu NTC Ltd., DATRON CNC Milling Machines, and The Lincoln Electric Company, among others, are leading players in the global computer numerical control machine tools market.
The global computer numerical control machine tools market is expected to develop at a CAGR of 7.2% during 2023-2028. Advancements in AI and computers would help the development of CNC machines and machine tools. North America, Europe and Asia are likely to be key markets.
Computer numerical control machine tools are vital to all computer numerical control machining operations. A cutting tool is a tool attached to a CNC machine which is then employed to remove substances from the workpiece by shear deformation. The machines function as the tool spins rapidly, generating chips and cuts at the workpiece at multiple or singular points. Machine tools employed in the production process used within the manufacturing process have an effect on the chip size removed from the material. Speed and feed rate also affect the outcome of controlled machining. Examples of computer numerical control machine tools include End mills (Ball, Flat, Chamfer and Bull) Face mill, Slot Tools, Corner Rounding Tools, Tap, Counterbore, Reamer, Twist Drill, Spot-centre Drill.
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Headquarters: | Oguchi, Aichi, Japan |
Establishment: | 1898 |
Website: | https://www.okuma.com/ |
Okuma Corporation is engaged in the production and sales of NC machine tools (multitasking machines, lathes, machining centres, grinders), FA products, CNC controls, servo motors, etc. The company’s key overseas operations cover countries including Germany, USA, Taiwan, Singapore, Australia, Thailand, Korea, China, India, and Indonesia.
Headquarters: | Houston |
Establishment: | 1991 |
Website: | https://www.ameraseikicnc.com/ |
From the beginning, Amera- Seiki Corporation sought to focus on producing machines that were over-built. With base castings stronger and heavier than others, the additional weight enabled the use of more powerful drive systems and motors. For the last thirty-two years, Amera-Seiki has held course with Rick Welsh in control, directing the company towards its primary mission of excellent machines, service and prices.
Headquarters: | Niwa-gun, Aichi-Pref., Japan |
Establishment: | 1919 |
Website: | https://english.mazak.jp/ |
Yamazaki Mazak Corporation is a leading machine tool manufacturer. The company set up overseas production plants before other Japanese machine tool producers. The company has an established global production base. Products include multi-tasking machines, vertical machining centres, CNC turning centres, CNC laser processing machines, horizontal machining centres, FMS (Flexible Manufacturing System), CNC systems, and CAD/CAM system.
Headquarters: | Toyama, Japan |
Establishment: | 1945 |
Website: | https://ntc.komatsu/en/ |
Founded in Japan, Komatsu NTC has facilities in North and South America, Asia, and Europe. The company’s main line of business includes Cylindrical Grinding Machines (NC), Centreless Grinding Machines (NC), Crankshaft Grinding Machines (NC), Turret Lathes, Camshaft Grinding Machines (NC), Horizontal Machining Centres, Vertical Machining Centres, 5-axis Machining Centres, FMS, FMC, Single Station Special-Purpose Machines (NC), Modular Units (NC), Multi-Station Special-Purpose Machines (NC), Laser Li-Ion Battery Tab Forming Machines (NC), Laser Welding Machine for sealing of Li-Ion Battery Case, Crankshaft Millers (NC), Camshaft Millers & Multiplex Machine Tools (CNC), Measuring Machine for Crankshaft Mass Balance, Image Processing System and Inspection Machine, Multi-Wire Saw (Slicing).
Headquarters: | 115 Emerson Road Milford, NH 03055 |
Establishment: | 1996 |
Website: | https://www.datron.com/ |
DATRON CNC Milling Machines has been a key provider of CNC milling machines, tooling, service, and support in North America since 1996. DATRON experts associate with customers to offer equipment and workflow solutions tailored to particular needs. The company helps identify opportunities to optimize and automate existing workflows with DATRON equipment.
Headquarters: | Cleveland, Ohio, United States |
Establishment: | 1895 |
Website: | https://www.lincolnelectric.com/en |
The Lincoln Electric Company is a key player in robotic welding systems, arc welding, plasma and oxyfuel cutting equipment and brazing and soldering alloys. The company has a global network of production, sales, distribution, and technical support spanning over 160 nations.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124