Recently, a rotary swaging machine from the company Felss Anlagentechnik has been added to the Institute for Forming Technology and Machines. It can be used to produce complex and high-precision components with internal cavities or thin wall thicknesses. Several die segments form the workpiece to be machined in small strokes of 0.25 to 1.5 mm at a frequency of more than 1,000 1/s. In this process, rotary swaging machines achieve the accuracy of a clockwork. As the material distribution can be adjusted almost at will due to the high-precision forming steps, the material can be used in a weight-optimized manner. Compared with conventional machining, incremental forming maintains the uniform fiber distribution in the component. In addition, work hardening of the material takes place. The reproducibility of the process and the exact adherence to the required workpiece tolerances enable the efficient and economical production of power-transmitting components such as drive shafts or steering spindles.