Medical equipment helps European machine tool industry develop steadily

The world machine tool industry is in the first stage of rebound. It is estimated that by 2015, the total market value of the global machine tool market will reach 530 billion yuan. The world's machine tool industry is very sensitive to the changes in the economic and financial environment: the economic ups and downs affect the changes in market demand, and capacity utilization, expansion of production capacity, and changes in the level of business confidence all have a significant impact on the market. As a result, the world's machine tool industry faces the most difficult challenges that continue to be thrown by the world economic recession.

The economic recession has a profound impact on the capital product market. In addition to a weak financial environment, machine tool manufacturers are also dragged by the processing component market, such as manufacturing, automotive and real estate. Luo Baihui, chief researcher of Jinmo Machine Tool Network, said that with the economic recession drawing to a close, the recovery of economic fundamentals will help the recovery of the machine tool industry. Due to the wide range of applications of machine tools, including aerospace, automotive, mold manufacturing, mechanical processing industry, wind power, mining and oil exploration industries, this will facilitate the rapid recovery of the machine tool industry.

Although Europe and the Asia Pacific region still account for the majority of the global machine tool market, the recovery of the machine tool market will be mainly driven by emerging markets such as China and India. At present, the demand for machine tools in North America shows a strong growth signal, and its output and demand have increased rapidly in recent months. Luo Baihui pointed out that in the field of machine tool equipment applications, the market for medical equipment is ranked third. It is expected that the total market share in Europe, the Middle East and Africa will reach 1.3 billion euros, accounting for 8.6% of the market. The annual growth rate of this area in the next five years will remain at 7% to 10%, depending on the type of medical equipment in question. This healthy growth trend also reflects the market's growth in demand for high-precision medical equipment.

The application of medical equipment will promote the market demand for EDM machines. Currently, such machines are also being used more and more in the manufacturing process of artificial organs and prosthetic medical products.

The use of faster, more precise, and more automated machinery and equipment in the industrial sector will become more common as it undoubtedly helps improve capital efficiency and reduce labor costs.

Technological innovation is prompting product manufacturers to adopt more robotic transmission methods and to use products such as plc, servos, and human-machine interfaces more widely to replace existing obsolete mechanical solutions. And these automation products not only help increase the output, but also provide greater flexibility for operation and continuous improvement of process control.