The industrial revolution of the smart factory system, began from the hand production methods to the machines and has marked the transition of the new manufacturing procedures. With the hike in demand for the machinery metal parts, specifically for the production of the automotive components, a lot of specialized machines were introduced to process the metal parts including the approved Special Purpose Machinery (SPMs). These tools are extremely efficient in terms of productivity and offer a great scope for the high-volume production with the much lower cost as compared to conventional CNC machines.
Applications of Special Purpose Machines
SPM is nothing but the combination of the sensors, logic controls, limit switches and automatic job clampers that support the maximum utilization of the manual machine system. With this, they are mainly used in the bulk production of two and four wheelers, tractors, trucks, and engines. The great platforms where these machines are immensely used are at the OEM’S production facilities with its machine shops.
OEMs stands for the Original Equipment Manufacturers that include automotive, aerospace and defense sectors. All these fields are the high-end users of the machines. OEMs choose to undertake the difficult and important machining operations, like in-house precision machining which makes them able to ensure the quality and execute the advanced finished products.
Machine shops generally manufacture the industrial components that are small and medium-sized and are mostly outsourced by the OMEs. Along with the outsourcing of less complex manufacturing to machine shops, OMEs can incorporate their focus in the direction of the development of new products. Hence, the machine shops adopt special purpose machinery as an important aspect while manufacturing small components for OMEs.
Driving Force: Fabricated metal and government initiatives
The deployment of the fabricated metals is done in several different segments that include the automotive industry, building of the product, building machinery, transport machinery and other metal-based hardware. The process of manufacturing these metals requires the extreme use of the machine tools like press brakes. Therefore, this growth in the demand for the fabricated metals eventually boosts the growth of the Special Purpose Machinery.
In addition to this, governments of a lot of other countries are taking the initiatives on the great scale to promote the development of the machine tools market. For instance, in Japan, the Ministry of International Trade and Industry has taken the initiative to rationalize the machine tools industry through strategic MBA and disinvestment. The simultaneous association coordinates the government spending on R&D for machine tools.
Apart from the several benefits the higher adoption rate, rapid advancements in the technology and some nominal and frequent changes in the market of the global special purpose machine, including the consumer’s preferences, constitute the significant risk factors for the vendors operating in this sphere. This proves that a reliable source of the market information helps in boosting the productivity and the confidence of the vendor.
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