Orders for Japanese machine tools and equipment in 2012 are expected to continue to increase

According to statistics released by the Japan Machine Tool Industry Association on April 10, Japan's machine tool equipment orders in 2011 were 1.312 trillion yen, a year-on-year increase of 17.8%. is the main reason. From a regional perspective, North America has sufficient orders. The orders for machine tools and equipment in the automobile and aircraft industries have increased steadily, and the demand for oil, natural gas and other resource extraction equipment has increased significantly. The order value of Asian regions such as China, India, and South Korea was 505.4 billion yen, a year-on-year increase of 24%, exceeding Japan's domestic demand (421.5 billion yen). Affected by the European debt crisis, European orders will drop by 1-2% in 2012, but European orders only account for about 20% of the total. In 2012, Japan's machine tool equipment orders are still expected to continue to increase.