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According to the German Machine Tool Manufacturers Association recently released data show that the first quarter of 2017, the German machine tool industry orders increased by 6% over the same period last year. Among them, domestic demand rose 2%, overseas orders increased by 8%.
"The German machine tool industry has exceeded its expectations," Wilfried Schfer, executive director of the association, commented, "International demand has remained high. The eurozone countries are a robust market, compared to the same period last year, the first quarter of the machine The number of orders increased by 23%.
"In addition, China's major market demand growth momentum has become more powerful and extensive," She said. "Last year, the Chinese market orders grew by more than 20%, mainly due to a large number of international auto industry projects in the country to carry out the current first quarter of the strong momentum of development is still good.
In addition, orders for the metal forming machine sector increased by 13%, driven mainly by domestic and international market demand. However, the total number of machine orders accounted for only 70% of the metal cutting machine orders rose only 3%.
Concluded that, on the whole, the German machine tool industry will continue to maintain a steady high-level development trend, and not by the global region of many of the crisis and uncertainties.
