“As the demand bubble finally burst during the financial crisis at the end of last year, orders from the German machine tool industry fell sharply,†said Welch, president of the German Machine Tool Association. According to the recent sales data of the machine tool industry announced by other countries, the reporter found that both the traditional machine tool powerhouse and the emerging market, the production and sales of machine tools have dropped significantly. Machine tool powers sorrow The German Machine Tool Association recently announced that it expects German machine tool production to drop by 40% this year. After a record five-year period, the German machine tool output is expected to return to 1999 levels in 2009. The German Machine Tool Association Chairman Welk pointed out: "In the past two years, the experience of the German machine tool industry can only be described by special circumstances." The blind confidence that the market demand will continue to grow has led to an increase in the international demand for manufacturing. To a record level. Many large international consumer companies have made the decision to lock up market share ahead of time by expanding production capacity on a large scale. The German experience is not a case. On August 10th, the American Manufacturing Technology Association (AMT) and the American Machine Tool Distributors Association (AMTDA) released statistics for the first half of the year. In the first half of this year, the cumulative consumption of machine tools in the United States was 759 million US dollars, down 70.1% from the same period in 2008. In June, the number of US machine tools was 917, an increase of 58 units from the previous month; the total consumption was 136 million US dollars, an increase of 22% from the previous month. However, the year-on-year decrease was 69.2%. Taking metal cutting machine tools as an example, the consumption of metal cutting machine tools in June was US$102 million, up 9.5% from the previous month, but down 71.4% year-on-year. The Japan Machine Tool Industry Association (JMTBA) has also released relevant statistics. In July 2009, Japanese machine tool orders fell by 72.2% year-on-year, down 1.5% from the previous month. Among them, domestic orders fell by 72.7%, and foreign orders fell by 71.9%. According to the research department of the Italian Machine Tool, Robotics and Automation Manufacturers Association (UCIMU-SISTEMIPERPRODURRE), compared with the same period of last year, Italian machine tool orders fell by 56.3% year-on-year in the first half of 2009. In the second quarter, the country's machine tool orders declined overall. 63.1%, while domestic orders fell 62%, foreign orders fell 64%. Germany, the United States, Japan, and Italy are among the top eight power tools in the world. Emerging market demand shrinks Emerging markets are also facing the dilemma of shrinking demand. According to the latest news from the Indian Machine Tool Association, after five consecutive years of 30% market growth, the Indian machine tool industry is facing a decline in demand due to a sharp drop in customer demand. In this challenge, Indian machine tool production maintained a flat growth in 2007 compared to 2007, of which 86% were gold cutting machines and the rest were metal forming machines. The ever-evolving manufacturing industry has pushed India to the position of the ninth largest machine tool consumer market in 2007. The growth and demand of new industries has boosted demand for large machine tools and has driven up imports. In the case of metalworking machines, imported goods account for 75% of the entire Indian market. CNC machine tools account for 65% of all machine tool sales in India. In the entire industry, lathes, machining centers, special machine tools, presses and grinding machines accounted for 80% of all machine tool production in India in 2008. Wu Bolin, executive vice president of the China Machine Tool Industry Association, recently inspected the machine tools market in Poland, the Czech Republic and Russia. He said: "The Russian machine tool industry is most affected by the financial crisis. Now many factories are not completely shut down, but only work one week. In 2~3 days, the production capacity has dropped by more than 50%. What's more, some factories have stopped working for 2~3 months." The TBS plant in St. Petersburg, Russia, was once the famous Leningrad machine tool factory in the Soviet era, producing large and heavy-duty machine tools. Affected by the financial crisis, fewer users, less work, more than 400 employees, and now only 10 people. On the one hand, it undertakes and produces some equipment needed by the Russian railway industry, such as not falling the wheel to the lathe, and also provides some machine tools for the military, metallurgical industry, and aircraft industry. On the other hand, it is also engaged in the transformation According to estimates by the Czech Machine Tool Association, machine tool production in the Czech Republic may fall by about 10% in 2009. Next page Stainless Steel Rivets, Closed End Blind Rivets, Countersunk Blind Rivets Ningbo Brightfast Machinery Industry Trade Co.,Ltd , https://www.brightfastener.com