Conformal cooling designs are
increasingly being used by manufacturing companies in 3D-printed molds as it
provides better cooling to the molded products. Conformal provides better
cooling molds with complicated geometric design and overcome issues like uneven
cooling adds warp, intricate curves, thin walls, and tight tolerances. Mold
manufacturing companies provide inbuilt conformal cooling design in their
3D-printed molds that reduces energy consumption and cooling cycle time from
15-60%.
THE BUSINESS RESEARCH
COMPANY VALUED THE INDUSTRIAL MOLD MANUFACTURING MARKET AT
$60 BILLION IN 2017
Asia Pacific was the largest
geographic region in the market, accounting for nearly half of the global
market. China was the largest country accounting for more than one-fifth
of the global industrial mold manufacturing market.
Read
report: https://www.thebusinessresearchcompany.com/report/industrial-mold-manufacturing-global-market-report-2018
According
to The Business Research Company’s Consultant, Nitin Gianchandani, industrial
manufacturers are deploying additive manufacturing technologies to offer customized
designs to customers. Additive manufacturing refers to the application of 3D
printing to create functional components including prototypes, tooling and
end-use production parts. Additive manufacturing helps in cost-effective
production of small batches of intricate parts and complex part designs. It
provides high degree of design freedom, optimization and integration of
functional features, and product customization. Major companies using additive
manufacturing include ExOne, EOS, ConceptLaser, XJet, Renishaw.
Amada was the biggest player in the industrial
mold manufacturing market, with revenues of $2.3 billion in 2017. Amada’s
growth strategy is to expand in existing market such as ASEAN countries, by
improving its sales promotions. For better sales promotion and enhanced sales
network infrastructures, Amada has established a technical centre in Thailand.
The company has also restructured the company.
The industrial mold manufacturing industry
comprises establishments mainly involved in manufacturing industrial molds for
casting metals or forming other materials such as plastics, glass, or rubber.
Industrial Mold Manufacturing Global
Market Report 2018 is a detailed report giving a unique insight into this
market. The report is priced at $4000 for an individual user. To use across
your office, the price is $6000 and $8000 if you wish to use across a
multinational company.
About The Business Research Company
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