Korean Machine Tool Market Trend in December

Korean Machine Tool Market Status (December, 2015)

☐ (Orders) ‘15. December Machine Tool Order ￦1,952B(MoM -1.2%, YoY -17.9%)
o (Domestic Orders) ￦1,200B(MoM -9.3%, YoY -2.7%), 
   (Export Orders) ￦751B(MoM +15.2%, YoY -34.4%)

o (By product)
NC Metal Cutting(￦2,047B, MoM +3.7%)
Metal Cutting (￦82B, MoM +10.9%), 
Metal Forming(￦191B, MoM -66.8%), 

o (By industry)
Automobile(￦532B, MoM -25.6%),
Steel‧Nonferrous Metal(￦85B, MoM +226.5%), 
Machinery(￦205B, MoM -5.7%), 
Electric‧Electronics‧IT(￦163B, MoM +23.7%)

*Metal products(￦136B, MoM +48.9%), Shipbuilding‧Aviation(￦83B, MoM +41.7%),
 Precision Machinery(￦15B, MoM +64.4%)

o Machine Tool Orders(January ~ December) ￦31,784B(YoY -13.8%)
 (Domestic Orders) ￦ 16,812 B, YoY -8.6%,
 (Export Orders) ￦14,973B, YoY -12.3%

☐ (Production) ‘15, December Machine Tool Production ￦2,319B(MoM -11.5%, YoY -22.0%),
   Shipment ￦2,690B(MoM -14.7%, YoY -21.4%)

o Machine Tool Production(January~December, 2015) ￦33,613B(YoY +0.0%)
o Machine Tool Shipment(January~December, 2015) ￦33,417B(YoY -4.6%)

☐ (Exports, December, '15) $215M(MoM +42.6%, YoY -5.0%)
o Sub total of Exports (Jan.~December, '15) $2,342M(YoY +4.7%)

- By Region 
Asia($1,090M, YoY+6.8%), North America($386M, YoY -9.2%), Europe($505M, YoY -17.3%), Central and South America($301M, +182.2%) 

*ratio of Exports(‘15.Jan.~December) by region : Asia(46.5%), Europe(21.6%), North America(16.5%)Central and South America(12.9%)

☐ (Imports, December, '15)$116M(MoM +1.9%, YoY -19.5%)

o Sub total of Imports (Jan.~ December, '15) $1,407M(YoY -5.9%)

- Asia($932M, YoY +0.0%), North America($57M, YoY -22.7%),
 Europe($405M, YoY -16.5%)

*ratio of Imports(‘15.Jan.~December) by region : Asia(66.2%), Europe(28.8%), North America(4.1%) 

*￦ : Korea Won, $ : US dollar, B= Billion,  M=Million

[SIMTOS Story] Parts Materials & Motion Controls (Hall 1-5, KINTEX1)

K-Tech Co., Ltd. - Innovative 2-channel MQL System

K-Tech Co., Ltd. supplies domestic market Machines∙Tools Monitoring Device, MQL System, Cutting Tool, Tool Holder, Tool Pre-setter, Angle Head, and etc. At SIMTOS 2016, K-Tech will exhibit innovative 2-channel MQL System. This system is suitable for high-speed cutting process when compressed air and cutting oil blend each other. Moreover, it could be applied for small tools that require large amount of lubricants with accurate input. Because it is possible to adjust and supply lubricant accurately regardless of speed, it builds quantification. Thus, K-Tech Co., Ltd. will operate innovative monitoring devices and tools that reduce energy and costs.

Booth number: 04A170          Tel: +82-2-803-0980

Website: www.ktechtool.com

Demand Industry: Automobile, Industrial Machines, Fabricated Metal/Stampings

Products: Cleaning Machine, MQL System, Monitoring System

[SIMTOS Story] Metal Cutting & Die • Mold Working (Hall 1-5, KINTEX1)

Dae Sung GT. Co., Ltd. – Exhibit Mobile Milling ‘GTB-2800LMDF-MO’

Dae Sung GT. Co., Ltd. will exhibit various types of mobile Beveling Machines and Welding Bead Shaving Machines for welding preparation. Especially, mobile milling GTB-2800LMDF-MO has the advantages of reducing working time and providing better circumstance. Because it freely adjusts the height minimum of 0.1mm as a scale, it produces quick and fine surface profile. Dae Sung GT. Co., Ltd. will also exhibit different types of Beveling Machines and FACE-MILL type GTW products at SIMTOS 2016.

Booth number: 05A020          Tel: +82-42-627-5508

Website: www.daesunggt.co.kr

Main customers: SAMSUNG Electronics, Hyundai Mobis

Demand Industry: Industrial Machines, Shipbuilding, Heavy Equipment,                                              Fabricated Metal/Stampings

Products: Lug Removal machines, Bead shaving Machines

SIMTOS Newsletter July - SIMTOS Story

 

What is SIMTOS?

 

 

    

▶ SIMTOS is a leading exhibition fair that contains compilation of every manufacturing technology and product trends.

SIMTOS has exhibitors categorized from planning stages to complete productions such as machine tools, parts, forming machines, welding, laser-cutting, cutting-tools, and etc. Furthermore, this fair exhibits every automation items: CAD/CAM, CAE, PLM, measuring equipments, solution, sensor, measurement controller, network parts, motors and software; and industrial robots designed for handling and controlling production system throughout specialized hall.

 

▶ During SIMTOS 2014, 853 exhibitors from 33 different countries participated and displayed 7,050 products and technology.

Moreover, 100,351 visitors; average of 20,000 per day had been to SIMTOS. Further, 5‚400 multi-national buyers from emerging markets like Brazil and India were counted.

 

    

 

Commentary

 

 There is research that corporations participating exhibitions like SIMTOS have better outcome of export. Many of Korean machine tool manufacturers utilize SIMTOS as marketing and research. Especially, corporations with rapid growth and exports have relative tendency to focus on SIMTOS.

From thesis ‘Trade fairs as an export marketing and research strategy: results from a study of Korean advanced machinery firms(2012)’ by Dr. Ronald V. Kalasfky, University of Tennessee.

 

 

“SIMTOS contributes a lot for apprehending world technology trend and cooperative firms.”

-Department of Product Design, Hyundai-Wia-

 

 

A large number of participation from oversea companies and buyers proves that SIMTOS has been devoting to internationalize Exhibition Industry.

-Department of Public Relations, KINTEX-

 

 

There is no doubt that SIMTOS is the representing exhibition in Korea. Effective Booth lay-out makes visitors and exhibitors easier to move around, find specific booth, secure insights.

-Tokyo Big Site, Satoshi Kimura-