|
Edward Lowton
Editor |
|
| Home> | Production Engineering | >Machine centres and tools | >Machine tool sector: Cautiously positive |
ARTICLE
Machine tool sector: Cautiously positive
09 July 2015
The improving economic climate has an impact on the European machine tool industry with machine tool production increasing from €22.7bn in 2013 to €22.9bn in 2014. CECIMO estimates that the cautiously positive mood will continue this year and that European machine tool production will increase by 3%.
CECIMO countries exported machine tools in 2014 to a value of €18.2bn, marginally less than in 2013. This can be explained by the slowdown of economic growth in the emerging markets. On the other hand, changes in consumption patterns in those counties and the improving growth outlook in developed markets forecast a growth in exports this year.
MORE FROM THIS COMPANY
- Additive Manufacturing European Conference 2015
- Guidelines for CE marking on milling machines
- Driven by European consumption
- Driving additive manufacturing forward
- Driving additive manufacturing forward
- Special report from CECIMO
- Data-driven business models are high on the agenda of European machine tool builders
- Support for regulatory cooperation
OTHER ARTICLES IN THIS SECTION
