European machine tool market will continue to grow steadily

According to statistics from the European Machine Tool Industry Council (CECIMO), in 2010, the output value of machine tools of CECIMO member countries totaled 16.6 billion euros, a slight decrease of 1% over the same period in 2009. In this regard, CEBCMO Economic Committee Chairman Frank Brinken believes that with the release of order capacity, it is expected that the industry output will show double-digit growth in 2011, the European machine tool market will enter a stable and sustained growth stage, and it is likely to reach a new one by 2013. peak.

According to statistics, in 2010 CECIMO member countries' machine tool exports amounted to 12.3 billion euros, accounting for about 3/4 of the total output value. As for consumption, compared to 2009 and 2008, the apparent consumption of machine tools in Europe has continued to decline for two consecutive years. In addition, in 2010, Europe's machine tool production accounted for about one-third of the world's total machine tool production, and in 2009 its share of 43%, showing that the European machine tool market share has dropped significantly, the European machine tool industry is facing a huge challenge.

In this regard, CECIMO called on the EU to further open up the market to Asia, and anti-competitive behavior will not be conducive to restoring the market share of European machine tools.