Cutting tools market in India: An Insight On the Important Factors and Trends Influencing the Market 2018 - 2026
Metal cutting tools are a type of machine tools that ensure the effective manufacturing of critical and intricate components with ease and utmost precision. In ancient times, machines such as horizontal lathes existed in one form or another, whereas computer-numerical-controlled (CNC) metal cutting machines are recent additions. Metal cutting tools are powered by electric motors and are used for one of many cutting processes that includes turning, milling, grinding, and boring, to complete the desired cut on the metal work piece. Metal cutting tools have varied forms which include plasma cutters, fiber cutters, and laser cutting devices. Plasma cutting is primarily used for the fabrication and welding of metals as they ensure accurate results in comparison to other product forms. Over the years, laser cutting industry has undergone significant improvements in quality and thickness of cutting material, power, and efficiency and this has resulted in development of laser...