Milling is the machining process in which rotary cutters remove material from a work piece from axis of the tool. Milling machines
are tools designed to cut metal, wood, and other solid materials. Often
automated, milling machines can be positioned in either vertical or
horizontal orientation to carve out materials based on a pre-existing
design. Milling machines accomplish different machining operations
according to specific needs. Various tools are equipped in the milling
machines for the operations. Some of these tool heads include cutters,
rounding mills, fluted mills, and ball end mills.
Demand for high quality products is a
major factor responsible for the rise in demand for milling machines.
Increase in demand for computer numerical control (CNC) machines due to
its advanced technique and precise cutting has boosted the global
milling machines market. There are three types of milling machines
available in the market: manual, semi-automatic, and automatic milling
machines. Manufacturers are focusing on technological development of the
product to make it more advanced and efficient. Rise in automation has
led to increased demand for automatic milling machines.
These machines are capital intensive and
require less human involvement. Manufacturers are employing automatic
milling machines in order to increase the production capacity. Demand
for CNC machines has increased over the years since they are highly
efficient, productive, and enable incorporation of new technologies.
These advantages of the machines have fuelled the growth in the
establishment of manufacturers and distributors to provide machines.
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Development of 6-axis machines has
enabled the conversion of the final product by turning from both ends of
the fixture, thus eliminating multiple fixtures and other activity in
the machining process. It also avoids the waiting period during the
shifting of the work piece from one machine to another and prevents
queuing. Further, milling machines can be used to carry out complex work
such as drilling holes of different diameters and shapes or variable
cutting speed and pattern. The Asia Pacific market is expected to expand
at the highest CAGR among all regions due to increasing manufacturing
activity in India and China. Players are setting up plants in this
region due to availability of raw material and labor intensive
manufacturing (labor is cheap in the region).
However, lack of skilled labor in the
manufacturing industry may restraint the global milling machines market.
Manual and semi-automatic machines require input from labor. Labor
should be skilled enough to operate the machines. Automatic milling
machines are capital intensive and some end-users may not be able to
purchase them. These machines require regular maintenance for smooth
functioning, which increases the operation cost. The setback in the
European machine tools manufacturing market can prove to be a
disadvantage for the global milling machines market.
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