Modern Machine Shop is focused on all aspects of metalworking technology - Providing the new product technologies; process solutions; supplier listings; business management; networking; and event information that companies need to be competitive.
Issue link: https://mms.epubxp.com/i/802599
mmsonline.com April 2017 MMS 91 FEATURE m a k e t h e m i n l a r g e volumes will be the turn- i n g p o i n t i n a d d i t i v e manufacturing for auto- motive companies. Jet engine manufacturers share the same inter- est—various additively manufactured compo- nents now go into the latest generation of jet engines. Developers of additive manufacturing equipment recognize the opportunity here. We are a few years away from this breakthrough, but it bears close watching. AUTOMOTIVE AS A TOP INDUSTRY To be clear, the automotive industry represents PLANT SIZE 2017 1-19 $1,145,361,430 20-49 $746,366,621 50-99 $862,858,771 100-249 $1,560,810,846 250+ $2,386,371,613 Totals: $6,701,769,281 A sizable portion of spending on capital equipment in 2017 will come from plants with fewer than 100 employees. plants of all sizes, and plants with fewer than 100 employees are spending heavily on machine tools, too. The Plant Size table above shows machine tool spending (for automotive and all other industries) by companies of different sizes. Numbers from this table show that shops on the The Top Shop benchmarking survey asked participants to identify which industries their business primarily serves. More than a third of the participants are involved in work for the automotive industry. WHICH OF THE FOLLOWING INDUSTRIES DOES YOUR BUSINESS PRIMARILY SERVE? Top Shops Other Shops All Shops Aerospace 44.3% 34.8% 36.4% Appliances 10.0% 6.2% 6.8% Automotive 25.7% 35.1% 33.5% Die/mold 11.4% 17.1% 16.1% Electronics, computers & telecommunications 20.0% 16.2% 16.9% Forming & fabricating (non-automotive) 8.6% 16.2% 14.9% Furniture manufacturing 2.9% 2.9% 2.9% Industrial motors, hydraulics & mechanical components 18.6% 18.6% 18.6% Machinery/equipment manufacturing 41.4% 38.6% 39.1% Medical 37.1% 25.4% 27.4% Military 32.9% 24.2% 25.7% Off-road equipment & construction machinery 21.4% 11.8% 13.4% Oil- & gas-field & mining machinery 31.4% 23.6% 24.9% Power generation (turbines, batteries, wiring, etc.) 20.0% 17.4% 17.8% Pumps, valves & plumbing products 17.1% 15.9% 16.1% Other 14.3% 11.8% 12.2%