During 2001-2010, the world machine tool market is expected to maintain a comprehensive annual growth rate of 7.20% (CAGR), and by 2010 the market will more than 68.8 billion U.S. dollars. In the global machine tool market, metal cutting machine tools share of the largest sub-sectors, it is estimated that in 2007 was 58.53%; expected that the sub-sector in the period 2001-2010 the fastest compound annual growth rate reached 7.60%.
End-user on the global machine tool consumption, the largest proportion of the automotive industry, it is estimated that in 2007 was 42.78%. However, in the machine tool industry's fastest growing consumer electronic / electrical machinery and equipment for processing industries, 2001-2010, a consolidated annual growth rate is expected to nearly 9%.
In the new millennium, the weak state of the machine tool industry (especially in the United States). Today, the demand for advanced flat trend of the market being strong growth in Asian economies and the increasing demand for machine tools partially offset. Rising production costs and import products from Asia, intense competition, are leading machine tool manufacturers shifted their production bases to low-cost Asian countries (mainly China), to obtain the cost advantage. In most Asian markets, foreign competitors are facing tremendous growth opportunities.
Over the past few years, the global machine tool market has been slow growth. Japan continues to maintain the status of the largest machine tool manufacturer in the global share of total machine tool production of more than 22%, Germany, China and Italy are ranked later. China is the largest machine tool consumer, the machine tool consumption to total consumption accounted for more than 20%, Japan and the U.S. position was. China's strong demand and the growing Asian economies, increased consumption of machine tool sales and sales. However, the global machine tool market continues to show extreme sensitivity to economic conditions. Turkey and Latin American countries (including Brazil) are expected to have considerable growth, the global machine tool market growth rate will be higher than the average. U.S. machine tool consumption in 2006 increased by 5%, maintaining the position of the top three machine tool consumption. However, the United States is losing its power as the machine tool position, while South Korea and China Taiwan ?? impressive growth come from behind.
The report covered the world's leading machine tool manufacturers, including: Agie Charmilles Management (Agie Charmilles Management Ltd), the United States combined with mechanical engineering company (Allied Machine & Engineering Corp), Tin Tin Group (Amada Group of Companies), Cincinnati Automation and testing company (Cincinnati Automation & Test), Doosan Corporation (Doosan Infracore Co. Ltd), Fanuc Corporation (FANUC Ltd), Giddings and Lewis Machine Tool Company (Giddings & Lewis Machine Tools LLC), DMG, Inc. ( Gildemeister Aktiengesellschaft), Hardinge Inc. (Hardinge Inc), Kennametal Inc. (Kennametal Inc), Makino Milling Machine Manufacturing (Makino Milling Machine Co. Ltd), Mori Seiki (Mori Seiki Company, Ltd), Okuma Corporation (Okuma Corporation), Otto graduated Earle Machine Company (Otto Bihler Maschinenfabrik GmbH & Co. KG), Shanghai Machine Tool Plant (Shanghai Machine Tool Works), Sodick Inc. (Sodick, Inc), Spinner Machine Tool Manufacturing Company (Spinner Werkzeugmaschinenfabrik GmbH ) and so on. I am China Quality Digital writer, reports some information about running sports bras , basketball shirt designs.
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