With the rise in the number of deepwater exploration activities, the demand for machining services for the fabrication of pipelines, oil rigs, and other infrastructure is consequently increasing in the oil and gas industry. This has resulted in an increase in offshore oil and gas exploration activities, particularly deepwater exploration. Rapid industrialization and urbanization in developing countries such as China and India have significantly increased the demand for oil and gas. However, the growth forecast could be missed with the market growing slower than expected if the following factors come into play: fluctuations in raw material prices and rising cost pressure from the demand side.Īccording to Technavio, the growth of the market is primarily driven by growing demand from the oil and gas industry. The report on the machining services market by Technavio expects the market size to increase at a CAGR of 4.67% and register an incremental growth of USD 18.07 billion between 20.
This method is preferable for precise shaping of hard-to-cut and small workpieces, such as impellers and artificial crowns.Technavio has announced its latest market research report titled Global Machining Services Market 2022-2026 Metal powder is spread over a platform in layers and a laser fuses the layers to create a targeted figure. It sprays metal powder from the powder nozzle to deposit the layers, enabling high-speed forming of various materials. We will further penetrate into the metal deposition field and offer the latest and most value-added solutions for customers.ĭMG MORI’s original and innovative technology integrated the cutting-edge milling technology with additive manufacturing for the first time in the world. In 2017, REALIZER GmbH with technical excellence in a powder bed method joined us as a subsidiary, which led us to release LASERTEC 30 SLM 2nd Generation in 2018. This machine demonstrates superior ability in machining of complex-shaped parts for aircraft and medical fields, part repair and corrosion- and wear-resistant coating. LASERTEC 65 3D, a hybrid machine of laser metal deposition and milling, was added to DMG MORI lineup in 2014. Hybrid of cutting and deposition challenge of additive manufacturing European Business Council in Japan (EBC).German-Japanese Additive Manufacturing Forum.Deutsch-Japanische Energiepartnerschaft.
EU-Japan Wirtschaftspartnerschaftsabkommen.Aktuelle Ausgabe des JAPANMARKT.telegramm.Veranstaltungen in Planung - Call for Ideas/Speakers.
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