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What are a Milling Cutter and its Classification?
Knowledge
What are a Milling Cutter and its Classification?
Different types of milling cutters can be used to cut large amounts of material and leave poor surface smoothness (roughing) or to remove smaller amounts of material but leave good surface smoothness (finishing).
2022-10-27 17:51:51
An Overview of Singapore's Smart Manufacturing and the Development Trend of the Machine Tool Industry
Market News
An Overview of Singapore's Smart Manufacturing and the Development Trend of the Machine Tool Industry
The Southeast Asian Manufacturing Alliance, initiated by Singapore, is mainly characterized by orderly and divided industrial zone planning. Singapore is a market entry hub and a high-tech development center.
2022-09-07 13:44:36
Explore the Pulse of the US Machine Tool Market
Market News
Explore the Pulse of the US Machine Tool Market
The U.S. machine tool industry is the industry that has been hit the most by this wave of epidemics, including smart machinery and Industry 4.0, which are still the unchanged development trends for machine tool manufacturers in the future.
2022-09-07 10:03:00
The Mother of Machinery - Overview of Machine Tools
Knowledge
The Mother of Machinery - Overview of Machine Tools
Life is full of inventions that provide convenient services and entertainment: mobile phones, MRTs, notebooks, computers, cars, etc. These exquisite finished products presented to consumers are all processed by a series of complex processes and assembled. Among them, in the industrial process of the product, the machine tool has a very critical position, without it, it is impossible to produce equipment and parts, so it has won the title of "The Mother of Machinery". However, despite its important role, it is little known. Therefore, in this article, we will expose the state of the machine tool industry, understand its contribution to the manufacturing industry, and extend the visible development in the future.
2022-08-17 14:58:14
Germany Machine Tool Market Pulse and Industrial Application
Trend
Germany Machine Tool Market Pulse and Industrial Application
Germany is the second-largest producer of machine tools in the world, after China. Advanced German machine tool technology has led the development of the machine tool market.
2022-05-16 16:41:57
Import and Export Analysis of Taiwan's Machine Tool and Components Industry in 2021
Market News
Import and Export Analysis of Taiwan's Machine Tool and Components Industry in 2021
In the face of the epidemic, material shortages, lack of manpower, port congestion, and soaring shipping costs, market demand and the structure of the global supply chain has changed.
2022-03-03 10:01:49
Wisdom Upgrade, China Machine Tools are Actively Transforming
Market News
Wisdom Upgrade, China Machine Tools are Actively Transforming
In 2020, the global machine tool market was worth 111.36 billion U.S. dollars. Affected by the COVID-19 epidemic and the Sino-US trade war, China’s import and export value of machine tools declined by 17.7% and 11.5% respectively in 2020 compared to 2019. However, it is still the world’s largest machine tool market, accounting for approximately 35% of the world’s total.
2021-12-29 14:50:07
The Current Development of the Turkish Machine Tool Market
Market News
The Current Development of the Turkish Machine Tool Market
Geographically, Turkey is a natural land bridge located on the east-west axis and the north-south axis. It connects European, Middle Eastern, African, and Central Asian markets, giving it great geographical and economic advantages. Holding this key global position, its central location creates an efficient and cost-effective export hinterland and market for major trading partners.
2021-08-03 09:22:42
With the Promotion of the Making Indonesia 4.0 Policy, Indonesia's Manufacturing Industry Opens Up Markets and Business Opportunities
Market News
With the Promotion of the Making Indonesia 4.0 Policy, Indonesia's Manufacturing Industry Opens Up Markets and Business Opportunities
The goal of Making Indonesia 4.0 is to achieve Indonesia’s entry into the top ten economies in the world by 2030. The roadmap of Indonesia’s Industry 4.0 is the key to enhancing the overall competitiveness of Indonesia’s industry in the future digital era, guiding the implementation of Indonesia’s national strategy, and where the interests are at stake. Cooperation and coordinated implementation between various industries aim to promote inclusive national growth and sustainable community welfare.
2021-07-06 14:53:47
Global Economic Market Prospects for 2021
Market News
Global Economic Market Prospects for 2021
The United States, the European Union, and China are the world’s three largest economies, which together are estimated to account for 60.92% of the global economy in 2021.
2021-06-15 20:25:45
The Labor Cost Advantage of the Mexican Manufacturing Industry
Market News
The Labor Cost Advantage of the Mexican Manufacturing Industry
There are many reasons for manufacturers to move their offshore or near-shore production bases to Mexico. The advantage of cheap labor is one of the most prominent.
2021-06-04 17:42:38
Analysis and Forecast of the British Manufacturing Market
Market News
Analysis and Forecast of the British Manufacturing Market
The manufacturing industry occupies an important position in the British economy. Although the UK has declined in industrial scale, it still has some of the world’s top companies in steel, pharmaceuticals, biological breeding, aerospace, machinery, microelectronics, military, and environmental sciences, etc. All aspects are among the best in the world.
2021-06-03 17:27:47
Integrate Technology to Build a Strong Machine Tool Industry Ecological Chain
Trend
Integrate Technology to Build a Strong Machine Tool Industry Ecological Chain
In the face of rapid changes in the international situation, seeking to expand exports and increase the added value of exports, we must also consider how to build a stronger industrial chain through industrial structure adjustment and international market layout strategies to improve the overall industry’s ability to withstand external shocks.
2021-05-28 15:41:58
Analyze the Recent Performance of the Russian Machine Tool Market
Market News
Analyze the Recent Performance of the Russian Machine Tool Market
In recent years, the Russian government has fully supported the development of the machine tool and automobile industry and has continued to try to get rid of the impact of continued Western economic sanctions and the decline in international crude oil prices. Therefore, the Russian government is actively promoting various "import substitution" and "production line modernization" policies.
2020-10-28 15:01:22
RFID Tag Introduction: The Role of RFID In New Retail Supply Chains
Knowledge
RFID Tag Introduction: The Role of RFID In New Retail Supply Chains
There are two kinds of RFID systems that exist- passive and active. If you're new to RFID, you might be wondering what the difference is between these types, and which one is best for your application. Below, we provide a short answer.
2020-10-26 15:27:06
The Strains and Challenges of Japan Machine Tool Industry
Market News
The Strains and Challenges of Japan Machine Tool Industry
The trade war and the epidemic have impacted the global economy. No country can stay aside. As the world's top three exporters of machine tools, Japan is also facing the dilemma of a simultaneous decline in export and domestic demand! Although the orders from China in June ended Japan’s 27 consecutive months of negative growth over the same period, the machine tool industry’s demand for face-to-face with customers and delivery of machine installations has stagnated because the restrictions on movement have not been lifted, and the original production plan in the case of delay or contraction, all localities remain cautious about investment. Facing the impact of the epidemic, Japan’s Ministry of Economy, Trade, and Industry have also offered relief measures for manufacturers, including rent, working capital, preferential loans, and trade insurance, to avoid large-scale corporate failures in the country, and encourage Japanese companies to increase capital investment. Maintain the momentum of economic growth.
2020-10-20 11:00:44
The Influence of Korea Industry Development In the Machine Tool Market and its Application In the Auto Parts Industry
Market News
The Influence of Korea Industry Development In the Machine Tool Market and its Application In the Auto Parts Industry
South Korea is the world's sixth-largest machine tool producer and the world's fifth-largest machine tool consumer, with an average consumption of approximately US$4.33 billion. Among them, nearly 70% of the consumer market's demand is for products provided by local machine tool factories, and only close to 30% of the products must be imported from abroad.
2020-09-01 13:46:45
Italy Machine Tool Industry Strives to Transform and Strengthen Corporate Competitiveness
Market News
Italy Machine Tool Industry Strives to Transform and Strengthen Corporate Competitiveness
Italy has a solid industrial foundation and is the second-largest producer of machine tools market in Europe.
2020-08-20 10:07:19
New European Economy-Poland Has Moved from A Newly Industrialized Country to A Developed Country
Market News
New European Economy-Poland Has Moved from A Newly Industrialized Country to A Developed Country
Central and Eastern European countries are emerging markets. Among them, Poland, which is located in the transportation hub of Western and Eastern Europe, has the most potential for the development of the manufacturing market.
2020-08-18 14:48:08
Latin America's Mexico Has the Largest Machine Tool Consumer Market Demand
Market News
Latin America's Mexico Has the Largest Machine Tool Consumer Market Demand
The US-China trade war has hit the global market. Since the start of the trade war, the US has imposed tariffs on China in three waves, which has also brought out the benefits of transfer orders. Among them, Mexico has benefited the most. The proximity to the United States, tariff-free exports, and cheap labor are opportunities that companies have seen in Mexico in the past. But in the future, the US-Mexico-Canada trade treaty may weaken Mexico's cost advantage.
2020-08-17 11:28:05
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