Automotive metal forming market
Image caption above: Deep drawn metal parts (source: New England Metalform, Inc.)
Image caption above: Deep drawn metal parts (source: New England Metalform, Inc.)
The addition of a new hydroform deep draw press from Quintus Technologies brings increased capacity, flexibility and production efficiencies to aerospace parts manufacturer, Aeroforma Technologies.
(Image caption above: VDW Chairman, Dr. Heinz-Jürgen Prokop.)
According to updated research (from ResearchAndMarkets.com), amidst the COVID-19 crisis, the global market for sheet metal estimated at US$ 71.9 billion in the year 2020, is projected to reach a revised size of US$ 86 billion by 2027, growing at a CAGR of 2.6% over the analysis period 2020-2027.
Image caption: Hartmut Rauen, Deputy Executive Director, VDMA.
The publication of a new ‘OPC UA for Machinery’ specification moves the manufacturing industry closer to the goal of a global ‘production language’ for machine tools.
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