High precision tooling is the cornerstone of mechanical engineering enabling faster and more accurate production of machines and components for all the industrial branches. Within precision tooling Hob extruding punch tools allow turning and punching machines to function.
4. Market / Opportunity
2008 in Germany alone. The German and Japanese Markets are the most important ones within the mechanical engineering market, in this manner, the geographical scope of this patent provides are high enough market potential due to the sheer size and market power of Germany. Application industries for this technology are the major industrial branches, for instance automotive industry, precision engineering, aircraft and aerospace industries, naval industry or plastic manufacturing industry. Possible licensees for the technology are large German precision tool manufacturers such as Kennametal GmbH, Sandvik Coromant or Gühring oHG. In recent years, similar tools have been developed and marketed by Ceratizit Deutschland GmbH, Sandvik Coromant, Seco Tools GmbH or Paul Horn GmbH giving this technology litigation potential depending on possible infringements.
5. IP / Status of the Patent application
Heike Klockow | PVA - MV AG
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