91视频官网

Worn Tool Pays Off - Reconditioning Services Market Is Predicted To Grow
Market News

Worn Tool Pays Off - Reconditioning Services Market Is Predicted To Grow

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.
Published: Aug 10, 2020
Worn Tool Pays Off - Reconditioning Services Market Is Predicted To Grow

Definition of Tool Refurbishment

Remanufacturing, reconditioning, and repairing all mean different things. According to the Scottish Institute for Remanufacture, the definitions are:

  • Remanufacture returns a used product in line with new performance specifications and gives the resultant product a warranty that is at least equal to that of a newly manufactured equivalent.
  • Reconditioning returns a product to a satisfactory working condition that may be inferior to the original specification and gives a warranty less than the newly manufactured product.
  • Repair corrects specified faults in a product and gives a warranty less than the newly manufactured product that may not cover the entire product.

Originally, manufacturers would try to repair parts in a bid to save time and money. They might have repaired apart by removing the worn area, using basic, manual welding technologies to build material up and then machining it back to purpose.

Keep Worn Parts in Use

In the manufacturing industry, an immediate reaction to a failed or worn part is to purchase a new one. With masses of regulations in place, why take the risk of remanufacturing a part that could result in failure? With a new part, you can safely say that the quality meets your needs and matches the desired tolerance and specifications.

91视频官网ever, if you consider the cost and the long lead time that it takes to get that part, the cost of stalled production while you wait, and the increased carbon footprint generated by waste metal, remanufacture becomes a lot more attractive.

Take a wind turbine. If there is a failure and you order a new component, it might take as long as 15 weeks to arrive. The break-in generation could waste thousands of pounds, on top of costs for the component.

Before buying new machine tools, consider how tool regrinding and reconditioning can bring your existing investments back to life.

The cutting tools, end mills, carbide drills, and other machine tools used in industrial metalworking and milling applications aren鈥檛 cheap. These tools take a beating in the workplace and usually wear down over time, but there are often options beyond purchasing new replacements.

Tool reconditioning is 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.

Giving metalworking tools a new lease on life provides a variety of benefits for the companies that invest in these products. Extending tool life with reconditioning can help justify the initial cost of high-performance cutting tools, which can provide increased efficiency and productivity but can also quickly drain a tooling budget. 鈥淐ost-justifying these tools often requires regrinding and reconditioning them when they are worn or damaged,鈥 Cutting Tool Engineering confirms.

Extending Tool Life

For metalworkers, the tool reconditioning process not only helps extend the life of the tool itself, but it also helps companies save money in today鈥檚 cost-conscious manufacturing environment. By working with a metalworking specialist, companies can leverage the innovative processes that regrind a wide variety of tools to manufacturer tolerances.

In its most recent Carbide Tools Market Challenges and Opportunities Report, Research Markets highlights the research firm notes that reconditioning carbide tools helps companies reduce inventory costs and avoid material waste. By restoring a machine tool instead of purchasing a new one, companies can avoid potential breakdowns and increased maintenance costs that come with running old, worn-down products. In return, they get an almost-new product that鈥檚 been restored to its original performance levels 鈥 a particularly important 鈥渨in鈥 for high-volume, high-speed milling operations.

The global market is anticipated to rise at a considerable rate during the forecast period. In recent years, the market was growing at a steady rate, and with the rising adoption of strategies by key players; the market is expected to rise over the projected horizon. Increasing automation of machinery to reduce manual labor is boosting the growth of the market tremendously.

Published by Aug 10, 2020 Source : Source : Source :

Further reading

You might also be interested in ...

Headline
Market News
Smart Milling Machines, IoT, and High-Speed Milling
Technological advancements in the machine tools industry are constantly shaping the way manufacturers approach production. The integration of Smart Milling Machines with the Internet of Things (IoT), often referred to as Industry 4.0, propels the industry toward unprecedented levels of efficiency and productivity.
Headline
Market News
CNC Milling AI Technology and Nano-Machining
Advancements in Computer Numerical Control (CNC) milling technology have propelled CNC milling machines into a new era of precision, speed, and efficiency. Nano-machining allows the fabrication of components and structures with dimensions on the nanometer scale, typically ranging from 1 to 100 nanometers. These technological advancements, combined with the integration of artificial intelligence (AI) and automation, have had a profound impact across manufacturing industries.
Headline
Market News
Innovations in Grinding Wheel Technology: Materials, Design and 3D Additive Manufacturing
From the rudimentary stones used in ancient times to the highly sophisticated wheels of today, the evolution of grinding wheel materials and design has been marked by a relentless pursuit of precision and efficiency. Early grinding wheels were often made from natural abrasives like sandstone. Today, materials such as aluminum oxide and silicon carbide, along with advancements in design and the introduction of additive manufacturing, have revolutionized the grinding process.
Headline
Market News
Environmental Sustainability in Grinding Operations
Grinding operations have significant environmental impacts, contributing to carbon emissions and resource depletion. The manufacturing industry is transforming for sustainability, with grinding machines adopting eco-friendly practices and pursuing green certifications to enhance their role in sustainable manufacturing.
Headline
Market News
The Evolution of Advanced Precision Grinding Machine Technologies
The evolution of precision grinding machines has been nothing short of revolutionary. With the integration of cutting-edge technologies, the sector has witnessed remarkable advancements, including the incorporation of Artificial Intelligence (AI), automation, and Industry 4.0. The latest innovations in grinding machine technology include the seamless integration of AI and automation, advanced control systems, as well as the profound impact of Industry 4.0 on grinding processes, driving higher efficiency, precision, and adaptability.
Headline
Market News
EDM in the Era of Industry 4.0: Challenges and Solutions
The integration of Electrical Discharge Machining (EDM) into Industry 4.0 marks a new era of smart manufacturing, where interconnected technologies, data-driven processes, and automation play pivotal roles. Incorporating EDM into the broader framework of Industry 4.0 has brought forth many new challenges, ranging from cybersecurity concerns to interoperability issues and the optimization potential of data analytics. These challenges have spurred the discovery of unique solutions to address them.
Headline
Market News
The Rise of Solid-State Drives: Accelerating the Future of Data Storage
As the demand for faster, more efficient, and reliable data storage solutions continues to increase at incredible rates, Solid State Drives (SSDs) have brought about a monumental leap forward from traditional Hard Disk Drives (HDDs). Known for their robust performance, durability, and efficiency, SSDs have quickly become the preferred storage solution over traditional HDDs.
Headline
Market News
Optical Switches: Revolutionizing Data Transmission
Optical switches are devices used in optical fiber communication networks to selectively switch or route light signals from one optical fiber to another without converting the optical signal to an electrical signal. They are used in optical communication networks, data centers, and other industries where efficient signal routing and switching are paramount.
Headline
Market News
Lighting the Way: The Rise of Solar Powered LED Lights
Solar Powered LED Lights merge the low power requirements of LED technology with the renewable energy capabilities of solar power, offering an eco-friendly solution for diverse lighting needs across various settings. From emergency response and relief efforts to captivating art exhibits, creative minds are continually discovering new and innovative uses for this transformative technology.
Headline
Market News
Maximizing Connectivity: USB-C to HDMI+VGA+Audio Splitters
With the ever-increasing complexity of electronic devices such as smartphones, laptops, and PCs, there has been a corresponding need for versatile and efficient ways to transmit the ever-increasing data and multimedia. To meet these rising data transfer needs and enhance digital connectivity, various forms of connectors have been designed.
Headline
Market News
The Art of Bicycle Manufacturing: Blending Tradition with Innovation
From traditional craftsmanship to modern production techniques, bicycle manufacturing represents a blend of artistry, precision engineering, and technological innovation. The contrast between traditional and modern techniques can significantly affect the final product鈥檚 quality, performance, appeal, and brand loyalty. Quality control and testing protocols, along with collaborative efforts that drive innovation, and the enduring value of craftsmanship, significantly influence the art of bike building.
Headline
Market News
USB 鈥淔ast Charge鈥 Car Chargers: Evolution and Technology
Staying connected in today鈥檚 digital world is no longer a luxury鈥攊t's a necessity. Reliable and continuous use of smartphones and other portable electronics would not be possible without the constant connectivity offered by portable USB chargers. One very important category of USB chargers is those used in cars, which convert the car's 12V electrical supply into a USB-compatible electric output suitable for consumer electronics. This has led to a robust market for USB car chargers, highlighting the unique applications and benefits of these types of chargers.
Agree