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EMO Hannover Opens With Great Sense Of Optimism

EMO Hannover Opens With Great Sense Of Optimism

EMO Hannover opened its doors after a four-year break. “1,850 exhibitors from 42 countries are showcasing their latest machines and solutions at the world’s leading trade fair for production technology. We received visitors from 150 countries at the last event,” says Carl Martin Welcker, General Commissioner of EMO Hannover.

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TIMTOS 2023 Welcomes International Visitors

TIMTOS 2023 Welcomes International Visitors

Taipei International Machine Tool Show, also known as TIMTOS, will return in 2023 from March 6 to 11 at Nangang Exhibition Center. With 1,000+ exhibitors in nearly 6,100 booths, a larger scale than 2022, TIMTOS 2023 will be the largest trade show ever recorded after Taiwan has recently lifted all its border controls since the COVID-19 outbreak.

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EMO MILANO 2021 Extends Opportunities To Korean Exhibitors

EMO MILANO 2021 Extends Opportunities To Korean Exhibitors

A Press Conference for the South Korean public was held to present EMO MILANO 2021, the world exhibition of reference for the metalworking machine tool manufacturing industry, scheduled to take place at fieramilano in October 2021.

The speakers of the meeting, which was web-streamed, were Mr Luigi Galdabini, General Commissioner of EMO MILANO 2021, Mr So-Ahn Kang, Director General at KOMMA, Korea Machine Tool Manufacturers’ Association, and Mr Vincenzo Calì, Italian Trade Commissioner – Italian Trade Agency Seoul – Korea.

Promoted by CECIMO, the European Association of Machine Tool Industries, EMO MILANO 2021 will take place at fieramilano Rho from 4 to 9 October, when the recovery of investment should already have started.

Indeed, according to the forecasts processed by Oxford Economics, after a 23.4 percent fall registered in 2020, the year 2021 should bring about a recovery in machine tool consumption worldwide, expected to grow by +18.4 percent to 61 billion euro, (Asia 33 billion euro, +15.6 percent; Europe 17 billion euro, +23.5 percent; Americas 12 billion euro, +19.7 percent).

If we observe the single countries, all of them should experience a demand recovery, likely to continue also in 2022 and in 2023. Focusing on Europe, in 2021 both Italy (3.1 billion euro, + 38.2 percent) and Germany (5.7 billion euro, +20.9 percent) should again see a plus sign with regard to investment in production technologies. The growth trend is confirmed for both countries also in the two-year period 2022-2023.

Italian Government set up special fiscal incentives, which consists on tax credit up to 50 percent, for Italian companies investing, in 2021 and 2022, in new machine tools, robots, automation systems, 4.0 and digital technologies. This is a great business opportunity for all the exhibitors (from all over the world), and, in particular, for Korean machine tools builders, as South Korea is third in Italian machine tool import ranking.

South Korea has always been well represented at the world machine tool exhibition, as proven by the attendance data referred to the last edition of EMO MILANO (2015). In 2015, 45 Korean exhibitors participated in EMO MILANO. According to these data, South Korea ranked eighth by number of exhibitors, and in sixth place by exhibit surface. With 2.112 units, 2.6 percent of the total, South Korea came in fourth by number of visitors among Asian countries.

Luigi Galdabini added: “With specific reference to the Italian marketplace, Korean manufacturers should be aware that, for the two-year period 2021-2022, the Italian Government authorities have established a full package of incentive measures for purchasing new, traditional and digital production systems, i.e. related to the issue of smart manufacturing integration”.

“Exhibiting at EMO MILANO 2021 will thus be an excellent opportunity to identify and fulfil Italian demand, supported by these measures, as well as the demand expressed by foreign operators, who have always attended the world machine tool exhibition” concluded the General Commissioner.

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