Machine tools refer to power devices used to process work pieces and are important equipment in the manufacturing process of mechanical parts. Machine tools are generally used for forming, cutting, and joining other tools.

In recent years, the manufacturing industry has been actively strengthening manufacturing technology, investing in high-end manufacturing equipment, and training professional talents.

Tool reconditioning is witnessed to be gaining in popularity as companies try to balance cost savings with high worker productivity and project completion rates. Processes like machine tool reconditioning, tool regrinding, and end mill regrinding are all viable options for both large and medium-sized facilities to consider.

In the cutting of hardware components, a comprehensive analysis of factors is required, and through strict process flow, a suitable cutting process can be planned to manufacture hardware components of stable quality.

The operating principle of the lathe machine is to use the spindle rotation and the movement of the bed to turn the material into the required work piece.

A lathe is a machine tool used principally for shaping articles of metal (and sometimes wood or other materials) by causing the workpiece to be held and rotated by the lathe while a tool bit is advanced into the work causing the cutting action.

Most of today's machine tool companies are from Germany. As the world's most developed machine tool technology country, the German government has always attached importance to the important strategic position of the machine tool industry, and both basic scientific research and applied technology research.

Milling machines provide support to the manufacturing industries. The milling machines can perform almost every milling operation like gear milling, thread milling, angular milling, etc.

In recent years, Turkey has become a highly anticipated newly industrialized country with its brilliant GDP growth rate. It has also become Taiwan's third-largest export market for machine tools for many years.

In machining, boring is the process of enlarging a hole that has already been drilled by means of a single-point cutting tool, such as in boring a gun barrel or an engine cylinder.

The advantage of the gearbox is that it can accurately control the speed of the main shaft without excessively high main shaft speed, belt friction consumption, and slippage. Because the main shaft is placed horizontally, it is also called a horizontal lathe.

South Korea is the world's sixth-largest machine tool producer and the world's fifth-largest machine tool consumer, with an average consumption of approximately US$4.33 billion. Among them, nearly 70% of the consumer market's demand is for products provided by local machine tool factories, and only close to 30% of the products must be imported from abroad.

Lico CNC Lathe Machinery Co., Ltd was established with more than 40 years of accumulated industry experience. It has been engaged in the manufacture of cam automatic lathes for 20 years, and its products are sold all over the world. All types of machinery are made of precision, ultra-high function, durable, suitable for mass production. All parts are interchangeable and easy to maintain.

If you own a manual or CNC lathe, or if you are thinking about buying your first lathe, you may think about what types of the lathe are more suitable for you.

The trade war and the epidemic have impacted the global economy. No country can stay aside. As the world's top three exporters of machine tools, Japan is also facing the dilemma of a simultaneous decline in export and domestic demand! Although the orders from China in June ended Japan’s 27 consecutive months of negative growth over the same period, the machine tool industry’s demand for face-to-face with customers and delivery of machine installations has stagnated because the restrictions on movement have not been lifted, and the original production plan in the case of delay or contraction, all localities remain cautious about investment. Facing the impact of the epidemic, Japan’s Ministry of Economy, Trade, and Industry have also offered relief measures for manufacturers, including rent, working capital, preferential loans, and trade insurance, to avoid large-scale corporate failures in the country, and encourage Japanese companies to increase capital investment. Maintain the momentum of economic growth.

In the face of rapid changes in the international situation, seeking to expand exports and increase the added value of exports, we must also consider how to build a stronger industrial chain through industrial structure adjustment and international market layout strategies to improve the overall industry’s ability to withstand external shocks.

The manufacturing industry occupies an important position in the British economy. Although the UK has declined in industrial scale, it still has some of the world’s top companies in steel, pharmaceuticals, biological breeding, aerospace, machinery, microelectronics, military, and environmental sciences, etc. All aspects are among the best in the world.

Geographically, Turkey is a natural land bridge located on the east-west axis and the north-south axis. It connects European, Middle Eastern, African, and Central Asian markets, giving it great geographical and economic advantages. Holding this key global position, its central location creates an efficient and cost-effective export hinterland and market for major trading partners.

Smart machine tools originally referred to various stand-alone machines with auxiliary software functions, developed for machine tool factories to improve machine tool operating efficiency. In recent years, under the wave of Industry 4.0, smart machine tools have been given new definitions. Besides having enhanced auxiliary functions, smart machines need to complete production in coordination with all the equipment in the factory through the communication interface.

In 2020, the global machine tool market was worth 111.36 billion U.S. dollars. Affected by the COVID-19 epidemic and the Sino-US trade war, China’s import and export value of machine tools declined by 17.7% and 11.5% respectively in 2020 compared to 2019. However, it is still the world’s largest machine tool market, accounting for approximately 35% of the world’s total.