The 18th Korea International Machinery Exhibition Attracts Thousands of Exhibitors

From September 28 to October 1, 2011, the 18th Korea International Machinery Exhibition KOMAF2011, the largest in Northeast Asia, hosted by the Korea Machinery Industry Association (KOAMI), was grandly held at the Goyang International Exhibition Center (Seoul), South Korea. held. The total exhibition area of u200bu200bKOMAF 2011 is 54,508 square meters, attracting more than 1,000 exhibitors from dozens of countries, with more than 100,000 visitors. The exhibition items include power control and industrial automation, machine tools and tools. Doosan Machine Tool of South Korea, Haas of the United States, Trumpf of Germany, Amada of Japan, Flow Waterjet of the United States, and Beiyi Machine Tool from China, Chongqing Machine Tool, American and Japanese Machine Tool and many other internationally renowned machine tool companies were unveiled; Surveying companies such as Scone, Mitutoyo, Renishaw, HEIDENHAIN, and industrial software suppliers such as Solidworks also participated in the event. It is reported that the total trade volume of South Korea's machinery industry is 235.2 billion US dollars, ranking among the top 10 countries in the world's machinery industry. South Korea is second only to China and Japan in Asia. Based on the output value of the five major industries in the machinery industry (metal products, general machinery, precision machinery, electrical machinery, and transportation machinery), it has achieved a double-digit annual growth rate since 2000. General machinery production increased by 24.0% year-on-year, imports increased by 24.3%, and the total demand for general machinery will show a substantial increase; South Korea's machinery industry imports have maintained an average annual growth of 8.6% since 2000. An increase of 35.4% is expected to benefit from the active and open investment and the recovery of the domestic demand market. In the second half of 2010 and 2011, imports will continue to rise, and the import value is expected to reach 85 billion US dollars.