In its new report, “Global Metal Cutting Machine Tools Market 2016-2020,” Dublin-based Research and Markets predicts the market will grow at a CAGR of 7.41 percent through 2020.
To calculate the market size, the report considers the demand for metal cutting machine tools from the various end-user industries in the metal cutting machine tools market. The report also includes a discussion of the key vendors operating in this market.
According to the report, the growing popularity of robotic waterjets will be a key driver for market growth, with applications including cutting, drilling, and cleaning materials.
Emergence of high-definition plasma cutting will be a key trend for market growth as well. As technology advances, all the parameters that control high-definition plasma cutting may become automated using CAM software and PC-based control systems. Electrical interfaces in the high-definition plasma cutting system constitute Ethernet-based interfaces among the plasma, gas flow controller, torch height controller, and CNC system. In this process, instant troubleshooting is possible using internal diagnostics, which can extend to direct factory connections for online troubleshooting when expert opinion and intervention are required.
Original Article from: http://www.thefabricator.com/news/plasmacutting/report-predicts-robotic-waterjets-high-definition-plasma-will-drive-metal-cutting-market
For more information about this report, visit www.researchandmarkets.com/research/fjqk3t/global_m