In the world machine tool industry, the European machine tool industry has maintained a leading position in the world machine tool market for many years with its highly innovative, diversified and precision products. Compared with local Chinese companies, the main advantages of European machine tools are product quality (73%), product innovation and design (70%), and management efficiency (69%). Especially in the industrial goods and services industry, 82% of respondents believe that the quality of products is a major competitive advantage. DMG, Slyfoss, these brands are well-known in the industry, and their products have become synonymous with high-end manufacturing. Despite the financial crisis, although some of the world's manufacturing powers, including the United States, have regarded the manufacturing industry as a sunset industry. Although there is no denying that the world manufacturing industry has a gradient transfer phenomenon, the European machine tool industry clearly does not say anything. Give up your position in the manufacturing industry. On the basis of knowing its own characteristics and adhering to its own advantages, the European machine tool industry has raised such a future for itself: “To build a European knowledge-based and competitive and growing manufacturing industry, we must protect this major industry in Europe.” At the same time, they also fully adhere to and expand their own advantages, and hope to increase the global market share to 80% in high-precision machine tool manufacturing.

It is understood that the German Siemens Group and the National Development and Reform Commission signed a memorandum of understanding, China will support its development of green technologies including energy conservation, smart transmission, carbon capture technology and sustainable transportation systems. Smart grids and electric vehicles are the contents of the seven strategic emerging industries that China just identified last year. When some Chinese equipment companies are still conducting discussions such as "How to support emerging industries" and "Where are the supporting methods and ways?", Siemens has already made its debut.

In 2011, European machine tool production grew strongly, and European machine tools will occupy a significant share of the world's machine tool production.

· European machine tool production is expected to grow faster than the world average

· The future development trend depends heavily on the stability of public finances

· EMO Hannover 2011 confirms that Europe is a leader in advanced manufacturing solutions

In 2011, European machine tool production is expected to increase by 20% from 2010 to 20 billion euros. The increase in machine tool output is mainly driven by exports. It is expected that the export value of machine tools in Europe will increase by nearly 1/4 in 2011 to reach 15.7 billion euros. CECIMO Chairman Michael Hauser concluded: “The recovery in European manufacturing has also contributed to the growth of European machine tool imports and consumption. In 2011, European machine tool consumption will increase by 2 billion euros to reach 11.3 billion euros.”

Compared to the world average, European machine tool production not only accounts for the largest share of the world's machine tool production, but this share will continue to expand. Frank Brinken, Chairman of the CECIMO Economic Committee, predicts: "In 2012, the share of European machine tool production in the world will increase from 33.3% in 2010 to 34.6%."

There are many uncertainties in the trial production in the next few quarters.

The European machine tool industry is recovering from the crisis, but the industry is now facing another uncertain volatility and deteriorating market confidence. Frank Brinken stressed: "At present, the world and European economic prospects are unclear. In Europe, the supply chain of the manufacturing supply chain is generally blocked. If these problems cannot be solved in time, it will seriously affect the development of the European machine tool industry. Especially for small and medium-sized enterprises. It will be more obvious."

In the new world economic situation, the European machine tool industry has also made a lot of efforts to meet the new era. Under the guidance of the “EU in 2020: aiming to build a smart, environmentally friendly market”, European machine tools have begun to use “green, environmental protection” as their main card.

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