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Japan's machine tool production fell to third place in the world

by:Gewinn     2022-05-08
According to the Nihon Keizai Shimbun, according to the statistics of machine tool production in 2009, the world's largest machine tool production in Japan in the past 27 years has been taken away by China. Japan even lost to Germany and dropped to 3rd. In 2009, Japan's machine tool production fell 57 percent to $5.8 billion. China increased by 9% to 10.9 billion US dollars, Japan's 27-year-old throne was taken away by China. Due to the large gap between China and Japan, it may not be easy for Japan to regain the No. 1 throne. The Japanese manufacturing industry, which has long supported the production of goods in the world, is facing a major test. This statistic was obtained by a joint survey of the American market research company Gardner and the Japan Work Machinery Association. Since Japan surpassed the United States in 1982, it has maintained the world's No. 1 throne, but the survey data in 2009 showed that Japan lost to China and Germany and fell to No. 3. German machine tool production fell by 35% in 2009 to $7.8 billion. Due to the depreciation of the euro, the competitiveness of exports has improved, so the reduction rate of machine tool production in Germany is smaller than that in Japan. 60% of Japan's machine tools are provided to automobile-related manufacturing. The poor economic climate has caused automobile manufacturers to restrain investment, resulting in a reduction of machine tool production by 7.6 billion US dollars.
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