Electrical Upsetting Machines

Electrical Upsetting Machines Market Outlook

The global electrical upsetting machines market is poised for substantial growth, with a projected market size of approximately USD 540 million by 2035, registering a compound annual growth rate (CAGR) of 7.2% during the forecast period from 2025 to 2035. This growth can be attributed to the increasing demand for precision engineering across various sectors, particularly in industries such as automotive and aerospace, where the need for high-quality, reliable components is paramount. Furthermore, the trend towards automation in manufacturing processes has significantly enhanced the adoption of electrical upsetting machines, as they offer greater efficiency, reduced cycle times, and improved product consistency. Additionally, the integration of advanced technologies such as IoT and AI into manufacturing operations is further driving the demand for these machines, as they enable real-time monitoring and predictive maintenance, thereby optimizing overall productivity.

Growth Factor of the Market

The electrical upsetting machines market is experiencing robust growth due to several intertwined factors. Firstly, the global push for lightweight materials, particularly in the automotive and aerospace industries, necessitates the use of advanced manufacturing technologies that electrical upsetting machines provide, making them vital for shaping and forming materials like aluminum and steel efficiently. Secondly, the growing emphasis on sustainability and energy efficiency in manufacturing processes is driving industries to adopt more efficient machinery, such as electrical upsetting machines, which consume less energy compared to traditional hydraulic machines. Moreover, the rise of smart manufacturing and Industry 4.0 initiatives is fostering innovation in machine design to cater to the evolving demands of manufacturers for enhanced automation and connectivity. Lastly, an increase in government investments aimed at improving manufacturing capabilities and infrastructure in emerging markets is expected to bolster the growth of the electrical upsetting machines market significantly.

Key Highlights of the Market

• The electrical upsetting machines market is expected to reach USD 540 million by 2035.
• Projected CAGR of 7.2% from 2025 to 2035.
• Increased adoption in automotive and aerospace sectors as a key growth driver.
• Shift towards lightweight materials boosting demand for advanced manufacturing technologies.
• Government initiatives in emerging markets supporting infrastructure development and manufacturing capabilities.

By Product Type

Stationary Electrical Upsetting Machines:

Stationary electrical upsetting machines are vital components in high-volume production environments where consistent and repeatable processes are required. These machines are designed to operate in fixed locations and are typically used for larger scale production runs, making them ideal for industries such as automotive and aerospace. The precision and reliability of stationary machines allow for the efficient shaping and forming of materials under controlled conditions, leading to enhanced product quality. Moreover, advancements in control systems and automation technology have made these machines more user-friendly, further encouraging their adoption in manufacturing settings. As manufacturers strive to improve throughput while minimizing waste, the significance of stationary electrical upsetting machines is expected to increase significantly, driving market growth.

Portable Electrical Upsetting Machines:

Portable electrical upsetting machines offer manufacturers flexibility and convenience, allowing for on-site applications and repairs in various industrial settings. Their compact design and lightweight nature make them ideal for field operations, particularly in construction and maintenance sectors where mobility is crucial. These machines are increasingly preferred for tasks that require quick setups and precise manipulation of materials in hard-to-reach areas. Furthermore, improvements in battery life and power efficiency have expanded the capabilities of portable machines, making them more versatile. As industries continue to embrace the trend of decentralized manufacturing, the demand for portable electrical upsetting machines is expected to rise, further enhancing their market presence.

Hybrid Electrical Upsetting Machines:

Hybrid electrical upsetting machines combine both electrical and hydraulic technologies, offering the benefits of both systems while minimizing their drawbacks. This innovative blend provides manufacturers with enhanced control over the upsetting process, allowing for greater precision and versatility across a wider range of materials. The growing need for complex shapes and forms in various applications makes hybrid machines increasingly attractive to manufacturers seeking to improve their production capabilities. Additionally, hybrid machines can be equipped with advanced computer control systems, facilitating real-time monitoring and adjustments, which are critical for maintaining quality standards in high-stakes industries. As the demand for innovative manufacturing solutions continues to grow, hybrid electrical upsetting machines are likely to see a significant rise in adoption.

Benchtop Electrical Upsetting Machines:

Benchtop electrical upsetting machines serve an essential function in laboratories and small-scale production environments, where space constraints necessitate compact and efficient solutions. These machines are particularly favored in research and development settings, allowing engineers and researchers to experiment with different materials and configurations without the need for extensive setups. Their ease of use, combined with the ability to produce precise components, makes them an invaluable tool in prototyping and small-batch manufacturing. Moreover, the trend towards miniaturization in various industries is likely to drive the demand for benchtop electrical upsetting machines, as they cater to the growing need for precision in smaller applications. As such, they represent a significant segment of the electrical upsetting machines market.

Floor-standing Electrical Upsetting Machines:

Floor-standing electrical upsetting machines are designed for robust, high-capacity operations in larger production facilities. These machines are typically larger and equipped with advanced features, allowing for multiple operations to be performed simultaneously. The ability to handle heavier materials and larger workpieces makes them indispensable in industries like automotive and manufacturing, where efficiency and productivity are critical. Additionally, the integration of automation technologies within floor-standing machines enhances their capabilities, enabling manufacturers to optimize their workflow and reduce labor costs. As production demands increase and manufacturers seek to enhance efficiency, floor-standing electrical upsetting machines are expected to witness significant growth in demand.

By Application

Automotive Industry:

The automotive industry is one of the primary sectors driving the demand for electrical upsetting machines. With the increasing need for lightweight components to improve fuel efficiency and reduce emissions, manufacturers are turning to these machines for precise forming and shaping of metallic parts. Electrical upsetting machines enable the production of high-strength components that meet the stringent quality and performance standards of the automotive sector. Furthermore, the ongoing shift towards electric vehicles (EVs) necessitates the manufacturing of innovative parts, which electrical upsetting machines are well-suited to produce. As the automotive industry continues to evolve and embrace new technologies, the reliance on electrical upsetting machines is likely to grow significantly.

Aerospace Industry:

The aerospace industry heavily relies on advanced manufacturing techniques to produce components that meet rigorous safety and performance standards. Electrical upsetting machines play a crucial role in this sector by providing precise manufacturing capabilities for critical parts that require exceptional quality and durability. With the increasing focus on lightweight materials, such as aluminum and titanium, manufacturers are adopting electrical upsetting machines to create components that not only meet the stringent specifications but also contribute to overall weight reduction. Furthermore, as the demand for commercial and military aircraft continues to rise, the aerospace industry is expected to expand its use of electrical upsetting machines to enhance production efficiency and improve product quality.

Construction Industry:

The construction industry is another significant application area for electrical upsetting machines, particularly in the production of structural components and fittings. These machines facilitate the efficient manufacturing of essential parts, such as rebar connectors and other metal fasteners, which are crucial for ensuring the integrity and safety of construction projects. The increasing focus on infrastructure development and urbanization globally is driving demand for reliable construction materials, and electrical upsetting machines are invaluable in fulfilling these needs. Additionally, as construction practices evolve with the incorporation of advanced technologies, the role of electrical upsetting machines is becoming increasingly pivotal in enabling faster and more efficient production processes.

Manufacturing Industry:

The broader manufacturing industry is perhaps the most significant contributor to the growth of the electrical upsetting machines market. These machines are integral to various manufacturing processes, enabling the efficient production of components across multiple sectors, including consumer goods, industrial machinery, and electronics. The precision and repeatability offered by electrical upsetting machines facilitate high-quality production runs while minimizing material waste. As industries continue to adopt lean manufacturing practices to enhance productivity and reduce costs, the demand for electrical upsetting machines is expected to grow. Furthermore, the ongoing transition towards automation in manufacturing will further drive the adoption of these machines, as they are well-suited to integrate with automated production lines.

Others:

In addition to the major industries mentioned above, electrical upsetting machines find applications in various other sectors, including medical devices, military equipment, and renewable energy technologies. The flexibility of electrical upsetting machines allows them to be utilized in the production of specialized components that demand high precision and quality. As technological advancements continue to emerge across different fields, there will be an increasing need for customized solutions, and electrical upsetting machines can cater to these diverse requirements effectively. The potential for innovation and development in niche markets will further enhance the growth prospects for the electrical upsetting machines market in the years to come.

By Distribution Channel

Direct Sales:

Direct sales represent a significant segment of the distribution channels for electrical upsetting machines, allowing manufacturers to establish a direct connection with customers. This approach often involves personalized service, where sales representatives can provide detailed information about machine capabilities tailored to the specific needs of prospective clients. The advantages of direct sales include the ability to offer customized solutions, provide technical support, and foster long-term relationships with clients. As companies increasingly recognize the value of direct engagement with customers to understand their requirements better, the direct sales channel is expected to maintain a strong presence in the electrical upsetting machines market.

Indirect Sales:

Indirect sales channels encompass various intermediaries, including distributors, resellers, and agents, who play a critical role in expanding the market reach of electrical upsetting machines. This approach allows manufacturers to penetrate diverse markets by leveraging the established networks and expertise of intermediaries. Through indirect sales, manufacturers can benefit from enhanced visibility, access to new customer segments, and reduced marketing costs. As the market for electrical upsetting machines continues to grow, the role of indirect sales channels is expected to increase, providing manufacturers with opportunities to expand their product offerings and enhance their competitive edge.

By Material Type

Steel:

Steel is a primary material type processed by electrical upsetting machines, owing to its widespread use across various industries, including automotive, construction, and manufacturing. The versatility of steel, along with its strength and durability, makes it an ideal candidate for applications requiring high-performance components. Electrical upsetting machines enable precise manipulation of steel, allowing manufacturers to create complex shapes and forms while maintaining dimensional accuracy. The increasing demand for high-strength steel components, particularly in industries that prioritize safety and performance, is expected to drive the adoption of electrical upsetting machines designed for steel processing.

Aluminum:

Aluminum has gained popularity as a material type in various applications due to its lightweight nature and resistance to corrosion. The automotive and aerospace industries, in particular, are increasingly adopting aluminum components to improve fuel efficiency and reduce emissions. Electrical upsetting machines are well-suited for the processing of aluminum, enabling manufacturers to produce intricate designs and components that meet stringent performance standards. As the demand for lightweight materials continues to grow, particularly in the wake of sustainability initiatives, the processing of aluminum through electrical upsetting machines is expected to see significant growth.

Copper:

Copper is another essential material type utilized in electrical upsetting machines, particularly in the manufacturing of electrical components and connectors. The excellent conductivity of copper makes it invaluable for applications in electronics and electrical engineering. Electrical upsetting machines are capable of forming copper into various shapes and configurations, allowing for the production of high-quality components that meet industry standards. As the demand for advanced electronic devices continues to rise, the processing of copper through electrical upsetting machines is expected to expand, further enhancing the market's growth prospects.

Others:

In addition to steel, aluminum, and copper, electrical upsetting machines also cater to various other materials, including titanium, magnesium, and specialty alloys. The ability to work with a diverse range of materials makes electrical upsetting machines versatile and essential tools across different industries. The growing interest in advanced materials that offer unique properties, such as lightweight and high strength, is expected to drive the demand for electrical upsetting machines capable of processing these specialized materials. As manufacturers increasingly seek innovative solutions to meet evolving market needs, the significance of electrical upsetting machines in processing various materials is likely to grow.

By Region

The electrical upsetting machines market is characterized by diverse regional dynamics, with North America and Europe being key players due to their advanced industrialization and technological infrastructure. North America is expected to witness substantial growth, driven by significant investments in the automotive and aerospace sectors, estimated to account for nearly 35% of the global market share by 2035. The region is already experiencing a CAGR of 6.5% as manufacturers seek innovative ways to improve production efficiency and reduce costs. Furthermore, the increasing trend of automation and the adoption of smart manufacturing practices are likely to fuel the demand for electrical upsetting machines in North America.

In Europe, the electrical upsetting machines market is also on an upward trajectory, with an anticipated market contribution of around 30% by 2035. The region's strong focus on sustainability and energy efficiency in manufacturing processes is propelling the adoption of electrical upsetting machines, as they offer significant advantages over traditional hydraulic counterparts. The automotive and aerospace industries in Europe are rapidly transitioning to lightweight materials, further driving the demand for machines capable of precision forming and shaping. As the European manufacturing sector invests in modernization and innovation, the region is expected to remain a critical market for electrical upsetting machines.

Opportunities

The electrical upsetting machines market presents numerous opportunities for growth, especially with the ongoing technological advancements in automation and artificial intelligence. As manufacturers increasingly prioritize efficiency and productivity, the integration of smart technologies into electrical upsetting machines can enhance their capabilities and attract a broader customer base. The potential for real-time monitoring and predictive maintenance can significantly reduce downtime and maintenance costs, providing manufacturers with strong incentives to invest in upgraded machinery. Moreover, as industries move towards more sustainable practices, electrical upsetting machines that optimize material usage and reduce energy consumption are likely to gain traction. This focus on energy efficiency and reduced waste presents a significant opportunity for machine manufacturers to innovate and differentiate their products in a competitive market.

Additionally, emerging markets in Asia Pacific and Latin America offer a fertile ground for expanding the electrical upsetting machines market. As these regions experience rapid industrialization and infrastructure development, the demand for advanced manufacturing technologies is expected to surge. The automotive and aerospace industries in countries like China, India, and Brazil are witnessing robust growth, creating a substantial need for efficient and precise manufacturing solutions. By strategically positioning themselves in these markets, manufacturers of electrical upsetting machines can tap into new revenue streams and establish a strong foothold in an evolving landscape. Collaborations with local distributors and participation in trade shows can further enhance visibility and market penetration in these burgeoning regions.

Threats

Despite the promising growth opportunities, the electrical upsetting machines market faces several threats that could hinder its expansion. One of the significant challenges is the intense competition from alternative manufacturing processes and technologies, such as hydraulic upsetting machines, which may offer lower initial investment costs. These competing technologies can attract manufacturers looking to minimize capital expenditures, thereby posing a threat to the growth of electrical upsetting machines. Furthermore, the rapid technological advancements can lead to shorter product life cycles, compelling manufacturers to continually invest in research and development to remain competitive. The need for constant innovation may strain smaller companies that lack the resources for extensive R&D initiatives, potentially leading to market consolidation.

Another crucial threat to the electrical upsetting machines market is the volatility in raw material prices, particularly for metals such as steel and aluminum. Fluctuations in material costs can significantly impact production expenses and profit margins for manufacturers. As industries grapple with rising input costs, there may be a tendency to delay or reduce capital investments in new machinery, thereby affecting the overall market growth. Additionally, geopolitical tensions and trade restrictions can further exacerbate material price volatility, creating an uncertain environment for manufacturers. These challenges highlight the importance of strategic planning and risk management for companies operating in the electrical upsetting machines market.

Competitor Outlook

• Hägglunds Drives AB
• Schuler Group
• Cincinnati Incorporated
• Siemens AG
• GSM Machinery
• Greenerd Press & Machine Company, Inc.
• Hurst Engineering
• Fagor Automation
• Makino Milling Machine Co., Ltd.
• KUKA AG
• EMAG GmbH & Co. KG
• Haas Automation, Inc.
• FANUC Corporation
• Yamazaki Mazak Corporation
• Okuma Corporation

The competitive landscape of the electrical upsetting machines market is characterized by a mix of established players and emerging innovators, each vying for market share through technological advancements, strategic partnerships, and enhanced customer service. Many of the leading companies are investing heavily in research and development to create next-generation electrical upsetting machines that offer improved precision, energy efficiency, and ease of integration into existing manufacturing processes. This focus on innovation is critical as manufacturers aim to meet the increasing demands for customization and flexibility in production. Moreover, the emphasis on sustainability and environmentally friendly manufacturing practices is driving companies to develop machines that minimize waste and energy consumption.

Among the major players, Hägglunds Drives AB is recognized for its cutting-edge hydraulic technology that complements its electrical upsetting machines, providing a comprehensive solution for manufacturers. Schuler Group, with its extensive experience in metal forming technology, is leading in providing customized solutions that cater to specific industry needs. Cincinnati Incorporated has carved a niche in the market by combining advanced automation with electrical upsetting technology, enhancing productivity and efficiency in production lines. Siemens AG, a global leader in automation and digitalization, is integrating IoT capabilities into its electrical upsetting machines, allowing for real-time monitoring and predictive maintenance, further enhancing operational efficiency.

As the electrical upsetting machines market continues to grow, key players such as FANUC Corporation and KUKA AG are focusing on robotics and automation integration to stay ahead of the competition. These companies are leveraging their expertise in robotics to develop advanced electrical upsetting machines that can operate seamlessly within automated production environments. Furthermore, the competitive landscape is becoming increasingly global, with companies like EMAG GmbH & Co. KG and Haas Automation, Inc. expanding their footprint in emerging markets to capitalize on the growing demand for advanced manufacturing technologies. As this dynamic market evolves, collaboration and innovation will remain the cornerstones for success among competitors.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 KUKA AG
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Siemens AG
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 GSM Machinery
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Schuler Group
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Fagor Automation
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 FANUC Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Hurst Engineering
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Okuma Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 EMAG GmbH & Co. KG
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Haas Automation, Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Cincinnati Incorporated
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Hägglunds Drives AB
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Yamazaki Mazak Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Makino Milling Machine Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Greenerd Press & Machine Company, Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Electrical Upsetting Machines Market, By Application
    • 6.1.1 Automotive Industry
    • 6.1.2 Aerospace Industry
    • 6.1.3 Construction Industry
    • 6.1.4 Manufacturing Industry
    • 6.1.5 Others
  • 6.2 Electrical Upsetting Machines Market, By Product Type
    • 6.2.1 Stationary Electrical Upsetting Machines
    • 6.2.2 Portable Electrical Upsetting Machines
    • 6.2.3 Hybrid Electrical Upsetting Machines
    • 6.2.4 Benchtop Electrical Upsetting Machines
    • 6.2.5 Floor-standing Electrical Upsetting Machines
  • 6.3 Electrical Upsetting Machines Market, By Material Type
    • 6.3.1 Steel
    • 6.3.2 Aluminum
    • 6.3.3 Copper
    • 6.3.4 Others
  • 6.4 Electrical Upsetting Machines Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Indirect Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Electrical Upsetting Machines Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Electrical Upsetting Machines market is categorized based on

By Product Type

• Stationary Electrical Upsetting Machines
• Portable Electrical Upsetting Machines
• Hybrid Electrical Upsetting Machines
• Benchtop Electrical Upsetting Machines
• Floor-standing Electrical Upsetting Machines

By Application

• Automotive Industry
• Aerospace Industry
• Construction Industry
• Manufacturing Industry
• Others

By Distribution Channel

• Direct Sales
• Indirect Sales

By Material Type

• Steel
• Aluminum
• Copper
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Hägglunds Drives AB
• Schuler Group
• Cincinnati Incorporated
• Siemens AG
• GSM Machinery
• Greenerd Press & Machine Company, Inc.
• Hurst Engineering
• Fagor Automation
• Makino Milling Machine Co., Ltd.
• KUKA AG
• EMAG GmbH & Co. KG
• Haas Automation, Inc.
• FANUC Corporation
• Yamazaki Mazak Corporation
• Okuma Corporation