The world machine tool market comprehensive annual growth rate will remain at 7.20%
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The world machine tool market comprehensive annual growth rate will remain at 7.20%

Views: 49     Author: Site Editor     Publish Time: 2019-06-14      Origin: Site

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Global industry analysis company recently released a report in the machine tool: global strategic business report pointed out that, during 2001 ~ 2010, the world machine tool market is expected to maintain comprehensive annual growth rate of 7.20%, and the size of the market to more than $68.8 billion in 2010. Reported that in the global machine tool market, the share of the largest metal cutting machine tool industry, 58.53% in 2007; Expect the sector during the period of 2001 ~ 2010 comprehensive annual growth rate is the fastest, up to 7.60%. About global end users for consumption of machine tool, the proportion of automobile manufacturing industry is the largest, estimated at 42.78% in 2007. 


But, on the machine tool consumption is the fastest growing industry processing industry mechanical and electrical/electronic equipment, comprehensive during 2001 ~ 2010 annual growth rate is expected to close to 9%. In the past few years, the global machine tool market has been slow growth. Continue to maintain the status of the largest machine tool manufacturer in Japan, the global proportion in the total machine tool production more than 22%, ranked behind Germany, China and Italy. China is one of the biggest consumer machine tool, the machine tool consumption accounted for more than 20% of the total amount, Japan and the United States ranked behind. China's strong demand and the entire Asian economies growing machine tool consumption has improved sales and sales of the machine. However, the global machine tool market still show the extreme sensitivity of state of the economy. Turkey and Latin American countries (including Brazil, are expected to have considerable growth, the growth rate will be higher than the global average of machine tool market.

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