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Cutting market growth Gapontsev cites market research suggesting that there is plenty of headroom for IPG to expand into. “From worldwide sales of over 7,500 units of high-power laser cutting machines expected in 2014, the share of fiber cutters doesn’t exceed 30 per cent,” he explained.
In a statement accompanying the April 2017 announcement of the acquisition, Ogrin said: “The acquisition of Click is a highly strategic opportunity and a significant milestone in the evolution of our company.”
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Now, although I used trucking as the example, remember that the same situation is the case with a personal auto. You would be shocked at how little fuel (and power) is actually required to keep a vehicle running at a steady speed. Up to about 40-45 mph, the major factor demanding power is tire rolling resistance. Above that, and wind resistance dominates. Even so, taking again the example of a heavy bus weighing in atg 36,500 lbs, it requires only about 75 hp. to roll at 55 mph. wnen "on the flat".
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Indespension’s purchasing director Steve Sadler commented, "We cut mainly 43A and pre-galv mild steel, plus some aluminum, from 1mm to 12mm thick. Up to 3mm, the fiber laser cuts three times faster than CO2. It flies through 1mm steel, producing 10 holes/s. The advantage tails off as the thickness increases, but overall the ByStar is twice as fast across all the gauges we process. At a stroke, it has eliminated the bottleneck in our factory that was being caused by the CO2 machine not being able to keep up with our ever-increasing laser cutting workload."
EuroBlech 2014, the 23rd International Sheet Metal Working Technology Exhibition, wrapped up on 25 October in Hannover, Germany, after five exhibition days. A total of 59 600 trade visitors attended the sheet metalworking show, viewing exhibits from 1 573 companies from 38 countries. This year 38 percent of the total attendance came from outside of Germany, compared to 34 percent at the 2012 event. Most visitors from outside Germany were from the Netherlands, Austria, Switzerland, Italy, Poland, Turkey, Czech Republic, Spain, UK, Belgium and the USA. The show’s total net floor space was 86 500m².
The company said it had cooperated with the ACCC throughout the investigation and worked to address the regulator’s concerns.
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