According to the European Machine Tool Industry Council (CECIMO), in 2010, the output value of machine tools in CECIMO member countries totaled 16.6 billion euros, a slight decrease of 1% over the same period in 2009. Exports are still an important driving force for the development of the European machine tool industry. In 2010, CECIMO's machine tool exports remained stable at 12.3 billion euros, accounting for 3/4 of the total output value. The strong export of machine tools is a strong demonstration of the technological leadership and economic success of European manufacturing.
While exports are stable, European machine tool consumption has continued to decline for two consecutive years. In 2010, the European local machine tool market contracted to 9.8 billion euros, down 6% year-on-year. At the same time, machine tool imports also fell 7% year-on-year to 5.4 billion euros.
According to Frank Brinken, Chairman of the Economic Committee of CECIMO, “In 2008, the machine tool production in Europe reached a record high, and the machine tool production fell to the bottom in 2010. However, with the release of the order capacity, it is expected that the industry output will show double-digit growth in 2011. The European machine tool market will enter a period of steady and sustained growth. However, it should be noted that despite the strong growth of orders in the first three quarters, there is still a big gap from the peak in 2008, and the recovery of production will take a long time."
He pointed out: "In 2010, the production of machine tools in Europe accounted for about one-third of the world's total machine tool production, and in 2009 it accounted for 43%. This fully illustrates the booming Asian machine tool market."
On the export side, the market share of European machine tools also showed a significant decline. In 2010, the proportion of European machine tool exports to total world exports fell to 50% for the first time, compared with 62% in 2009.
FrankBrinken believes that the global machine tool market will continue to rise in the future and will reach a new peak by 2013. However, this growth will be concentrated mainly in markets outside Europe, mainly from China and other Asian countries. Therefore, in order to maintain the existing market share, the European machine tool industry will face enormous challenges.
CECIMO called on the EU to further open its market to Asia, and anti-competitive behavior will damage European exports. European machine tool builders need a global competitive environment based on the rules of the international trading system, fully exploiting the growth of external markets and restoring their lost market share.
While exports are stable, European machine tool consumption has continued to decline for two consecutive years. In 2010, the European local machine tool market contracted to 9.8 billion euros, down 6% year-on-year. At the same time, machine tool imports also fell 7% year-on-year to 5.4 billion euros.
According to Frank Brinken, Chairman of the Economic Committee of CECIMO, “In 2008, the machine tool production in Europe reached a record high, and the machine tool production fell to the bottom in 2010. However, with the release of the order capacity, it is expected that the industry output will show double-digit growth in 2011. The European machine tool market will enter a period of steady and sustained growth. However, it should be noted that despite the strong growth of orders in the first three quarters, there is still a big gap from the peak in 2008, and the recovery of production will take a long time."
He pointed out: "In 2010, the production of machine tools in Europe accounted for about one-third of the world's total machine tool production, and in 2009 it accounted for 43%. This fully illustrates the booming Asian machine tool market."
On the export side, the market share of European machine tools also showed a significant decline. In 2010, the proportion of European machine tool exports to total world exports fell to 50% for the first time, compared with 62% in 2009.
FrankBrinken believes that the global machine tool market will continue to rise in the future and will reach a new peak by 2013. However, this growth will be concentrated mainly in markets outside Europe, mainly from China and other Asian countries. Therefore, in order to maintain the existing market share, the European machine tool industry will face enormous challenges.
CECIMO called on the EU to further open its market to Asia, and anti-competitive behavior will damage European exports. European machine tool builders need a global competitive environment based on the rules of the international trading system, fully exploiting the growth of external markets and restoring their lost market share.
LED Grow Light Bar Full Spectrum 640W
LED Grow Light Bar Full Spectrum 640W,the best led grow light bar use Samsung Quantum Board grow led, 640w with 8pcs grow bar , Quantum Board Samsung pane works well for all plant growth.
Power:4/6/8/10/12 bars available too.
Application: lettuce, orchid, organic herbs, pepper, strawberries, succulent, hydroponic, medical plants.
Delivery:Sample 1-5days, bulk order negotiate.
Grow Light Bar Full Spectrum ,Led Grow Bar Full Spectrum Hydroponic ,Led Grow Light Bar Full Spectrum,Led Grow Light Full Spec
Shenzhen Wenyi Lighting Technology Co., Ltd , https://www.wygrows.com