EMO 2013: Machine tool experts view future with optimism

“The year’s second half now has to provide a counterweight, if the predicted growth in production output of one percent is not to be put at risk”, comments Dr. Wilfried Sch?fer, Executive Director of the industry association VDW (German Machine Tool Builders’ Association) in Frankfurt am Main.

Expectations in Germany are once again focused on the expanding markets of Asia. In China, particularly, by far the biggest market for the German machine tool industry, faster economic growth is again being forecast. North America, most recently a vital support for the sector, will remain a stable market this year as well. Russia, finally, thanks to its substantial need for modernization in its domestic industrial sector, likewise continues to be an attractive customer.

There are also rays of hope from the international automotive industry, which is deploying strategic investments in the battle for market share, and from the aircraft industry and the mechanical engineering sector. All of them intend to be making above average capital investments in 2013. There will be a good opportunity for this at the EMO Hannover 2013, where the international world of metalworking will be meeting up from September 16 to 21, 2013, to show the world’s users of machine tools the latest innovations in the field of production technology, providing them with the best possible basis for their ongoing investment decisions.