Global Special Purpose Machines Market Booming at CAGR of 6.05% Till Year 2020 (Key Vendors - DMG MORI, EMAG, Batliboi)
Special purpose machines (SPMs) are high-productivity machines that offer huge scope for high-volume production, with low investment and low cost of production, when compared with conventional CNC machines. They are designed with special tooling and fixtures that help produce the same component every day. SPM is a combination of limit switches, sensors, logic controls, and automatic job clamping. SPMs help in optimum utilization of man-machine systems. Low-cost SPMs are used in the mass production of small components of two and...
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