BROACHING TOOLS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Market News

Recent Developments

New product launches

• In December 2022, Nidec Corporation, a manufacturer for electric motors announced the launch of two new visual inspection products, Robot Camera SPEED and Robot Camera MAX, designed for monitoring the cutting edges of tools used in gear-hobbing machines and broaching machines, respectively. These Robot Cameras deploy a digital camera to capture precise, high-speed images of the tool edges and record the image data. Users can input the specifications of a tool into the robot camera system, allowing it to adapt to various tool shapes, detect any missing sections or coating flaws on the edges, and assess the overall condition and wear of the tool. Both devices, aimed at automating the inspection processes in Nidec's manufacturing and resharpening of cutting tools, have the potential to significantly enhance quality control while reducing inspection durations by up to 90%.
• In September 2022, CNC Broach Tool LLC, a supplier of broaching tools announced the launch of offers a range of indexable carbide spline cutting inserts that are compatible with their current assortment of tool holders. These inserts facilitate the broaching of both internal and external involute splines using a CNC lathe or mill. Each spline insert comes with a pair of cutting edges and is constructed from TiN-coated carbide, which is consistent with their established range of standard keyway insert products.
• In March 2021, CNC Broach Tool LLC, a supplier of broaching tools announced the launch of 7proprietary push broach tool that can be utilized for broaching internal keyways on both CNC lathes and mills. Until now, devising the programming for the broaching process adaptable to diverse machine tool brands posed a significant challenge. To address this, CNC Broach Tool has developed a complimentary platform featuring a collection of CNC Broach programming templates, simplifying the programming task for machine operators.