Automotive

The Airbnb of automotive manufacturing?

Airbnb came along and offered travelers the opportunity to get lower prices and better service, along with better proximity to where they wanted to be, from less established service providers, including private homes. Now, by leveraging the idle 3D-printing capacity of small manufacturers, Techniplas Prime has started to do the same for automotive companies looking for the best solutions for their manufacturing services needs.

Demand for complex geometry gears boosting measuring machine market

The global market for gear measuring machines is poised to grow at a noteworthy rate by the end of the forecast period. In terms of value, the global gear measuring machines market is expected to reach ~ US$ 538 Mn by the end of 2029. In terms of revenue, the global market for gear measuring machines is foreseen to expand at a CAGR of ~3% throughout the forecast period, as revealed in the research.

Coated HSS cutting tools account for 70 percent of overall sales

According to a new study, sales of high-speed steel (HSS) tools in 2019 are estimated at nearly 218,000 thousand units, projected to register a Y-o-Y growth at 4.8 percent over 2018. HSS tools sales have witnessed sheer proliferation, despite intense competition from solid-carbide tools, as these are best suited for shop production environments, wherein tool cost and versatility are of paramount importance.