Welcome to the CELIMO International Meeting
EMO Milan
Wednesday 7th October 2015
The Countries of CELIMO
• CELIMO covers 12 European countries
o Austria
o Belgium
o Germany
o Finland
o France
o Italy
o Netherlands
o Spain
o Sweden
o Switzerland
o Turkey
o United Kingdom
Associate Members
• There are countries where no such association exists
• Developed the concept of Associate Members for companies in those countries
• Expands the CELIMO Network
European GDP
Source: Eurostat
European Unemployment
Source: Eurostat
European Inflation
Source: Eurostat
European PMI’s
European PMI’s
European Industrial Production
Source: Eurostat
European end-user data
Source: Eurostat
European Capacity Utilisation
Source: Eurostat
European Exchange Rates
Source: European Central Bank
The Source of Machine Tool Imports
• Germany is the most important source of imports into the other CELIMO countries
• European countries account for 60% of imports into the CELIMO area
• Japan and Taiwan are the other major sources
Germany19.1%
Switz.12.0%
Japan11.5%
Italy8.1%Taiwan
7.0%
Other Europe21.0%
Others21.2%
IMPORT SOURCES IN 2014
Trends in Machine Tool Demand
Key European Markets• The largest machine tool
markets in CELIMO are Germany, Italy and Turkey.
• Germany accounted for 40% of the market in the CELIMO area in 2014.
• Italy had a double dip in demand for machine tools, but 2014 showed signs of recovery - at last!
• The Turkish market has plateaued over the past couple of years
0
1000
2000
3000
4000
5000
6000
7000
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
eu
ro m
illio
ns
Germany Italy Turkey
Medium-sized Markets• The UK figures are affected
by exchange rate changes
• The Swiss did not see quite as large a recession as others and has recovered well
• France saw a good recovery initially, but machine tool demand has fallen back since 2011
• Spain, like Italy, is only now seeing a recovery, but again, the most recent data is positive.
200
400
600
800
1000
1200
1400
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
eu
ro m
illio
ns
Switzerland UK
Spain France
Summary - The Outlook for 2016• Europe’s exchange rate advantage should
help it to continue growing …
• … but this won’t help non-Euro countries
• The slowdown in China will have an impact, but the risk of Greece leaving the Euro has eased …
• … and low inflation should help keep interest rates low.
Pat�McGibbonVice�President�– Strategic�Analytics
U.S.�Market�Perspective
Market�Drivers
Manufacturing Eco System
Technology Technology Labor MarketLabor Market
Product Changes Product Changes
Production Runs
Production Runs
Technology
Labor Market
Automation:Over 1,300 Planned Purchases Within 12 Months
65%59%
39%
33% 32% 30%
17%
CNCAutomation
5+ Axis 4 Axis RAM EDM CarbonCutting
Wire EDM AdditiveMachines
Percent of Shops
Likelihood to Purchase by Machine Segment
Already Budgeted / Highly Likely Somewhat Likely
Source: Harbour IQ Industry Machining Survey
• In the next 12 months, shops of all sizes in the tool and die industry plan to purchase over 1,300machines
• The focus on 5+ Axis machines is due to tool complexity, throughput demands, and increased capability
Product Changes
Source: LMC Automotive
72 80
3035
3333
283520
2227
3033
52243252 259
287
2015 2016 2017 2018
Number of Models in
Prodution
Number of Models in Production North America
Other
179189 196
227
2015 2016 2017 2018
Number of Models
Models Under <100,000 UnitsNorth America
+8%
Production Runs
Structural Issues
CompetitionCompetitionReplacementReplacementRegulationRegulationDemandDemand
Competition
Replacement
Regulation
Demand
AerospaceMedical
EnergyOff Road
Automotive ?
Domestic Automotive Sale Rates
8
9
10
11
12
13
14
15
16
17
18
Source: Federal Reserve Board
How confident are you that your company will move ahead and implement the needed capital investment to meet your
2016/2017 demand requirements?
48%
36%
11%5%
No. of Responses = 79
Very confident
(>75%)56
71%
Somewhat confident (50-75%)
1620%
Slightly confident
(<50%)3
4%
Not applicable, we are not
planning for increased
capital expenditure investments
45%
2013 for 2014/2015
2014 for 2015/2016
60%
28%8% 4%
OESA Automotive Supplier Barometer‐ September 2015
Published with the support of
Aerospace
“Aerospace is the strongest manufacturing market in the world. We’ve had over a decade of record numbers, and despite concerns about the world economy, we’ve got a few more years of growth ahead.”
Richard Aboulafia, Vice President, Analysis at Teal Group
Backlog: $502.3 Billion
Demand: 29,400 airplanes valued at $3.2 Trillion over the next 20 years
Medical
0
20,000
40,000
60,000
80,000
100,000
120,000
2015 2020 2025 2030 2035 2040 2045 2050 2055 2060
45 to 64 years 65 years +
Resident population as of July 2014 Numbers in thousands
Contract Machining
70
71
72
73
74
75
76
77
78
Aug‐12 Dec‐12 Apr‐13 Aug‐13 Dec‐13 Apr‐14 Aug‐14 Dec‐14 Apr‐15 Aug‐15
Durable Manufacturing Capacity Utilization
Energy & Off Road
Outlook
Pat [email protected] – The Association For Manufacturing Technology
EMO 2015CELIMO INTERNATIONAL MEETING
7TH OCTOBER 2015
PRESENTED BYJAPAN MACHINE TOOL DISTRIBUTORS ASSOCIATION
(JMTDA)
JAPAN MACHINE TOOL DISTRIBUTORS ASSOCIATION(JMTDA)
Established: 1970Number of Member : Regular Members - 75 companies(both whole sellers and direct distributors)Associate Members – 63 Machine Tool builders
12 Leasing companiesTotal 150 companies
A total sales of regular members cover approx.70% of domestic Machine Tool sales.
The educational course, SE(Sales Engineer) Certification System, for sales personnel of members and related industries will be the 25th year this year after the educational activities have been initiated in 1991.
In this June, new board of directorswere elected, and Mr. Kaoru Tomita, President & CEO of TOMITA CO.,LTD. was elected as a chairman of the board.
The educational course, SE (Sales Engineer) Certification System, for sales personnel of members and related industries will be the 25th year this year after the educational activities have been initiated.Total students exceeded 7,500 last year and students with SE certification is expected to exceed 3,000 this year.
New Chairman, Mr.Kaoru Tomita
Source: Japan Machine Tool Builder’s Association (JMTBA)
Million Yen
Strong Yen rate by Plaza Accord
Collapse of Bubble Economy
Asian FinancialCrisis
Collapse of IT Bubble Economy
Lehman BrothersBankruptcy
Source: Japan Machine Tool Builder’s Association (JMTBA)
Source: Japan Machine Tool Builder’s Association (JMTBA)
0
200
400
600
800
1000
1200
Domestic Overseas
Billion Yen
Source: Japan Automobile Manufactures Association, Inc.
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
Domestic Overseas
UNIT: 1.000 cars
Source: Japan Automobile Manufactures Association, Inc.
UNIT:1,000 cars
0
100,000
200,000
300,000
400,000
500,000
600,000
2008 2009 2010 2011 2012 2013 2014 2015(1-6)
Industrial MachineryDie & MoldMotor VehicleElec.&Precision MachineryOther Domestic
million Yen
Source : JMTBA
Source : JMTBA
Source: Ministry of Economy,Trade and Industry
Sets
Thank you for your attention !
JMTDA
CELIMO NETWORKING MEETING 7th October 2015
INDIAN MACHINE TOOLMANUFACTURERS’ ASSOCIATION
IMTMA at a Glance
� Constituted in 1946
� Single point of contact for industry
� Represents over 90 % of organised machine tooland allied equipment manufacturers
� Membership of 490+ companies
Indian Economy- at a Glance (2015)
GDP : $ 2.04 trillion (nominal) (2014)
$ 7.37 trillion (PPP) (2014)
GDP Growth: 7.3 % (2014-15)
Exports : $ 310.5 billion (2014-15)
Imports : $ 447.5 billion (2014-15)
16.78
10.38
4.613.85
2.94 2.84 2.35 2.14 2.04 1.85
0
2
4
6
8
10
12
14
16
18
US
Chin
a
Japan
Germ
an
y
UK
Fance
Brazil
Italy
India
Russia
GDP in current US$
Value in U
SD Tn
17.01
30.02
52.97
Sectoral Share in GDP (%)
Agriculture
Industry
Services
16.78 17.61
7.37
4.753.72 3.56 3.26 2.67 2.58 2.54
02468101214161820
US
Chin
a
India
Japan
Germ
any
Russia
Brazil
Indonesia
Fance UK
GDP in PPP $
Value in U
SD Tn
Source: IMF data Apr. 2015,& Fin Ministry GOI
Machine Tool Consumption Trend from 2010-11 to 2014-15
Exchange rate for 1 USD, 2010-11=rs.47, 2011-12 = Rs. 45, 2012-13 = RS. 55 2013-14 =Rs.61, 2014-15 =Rs.62
3623742990 38845 34808
42300
67033
7645075981
46720
53177
1357
1800
2140
2467
2810
101913
117640112686
79061
92667
0
20000
40000
60000
80000
100000
120000
140000
2010-11 2011-12 2012-13 2013-14 2014-15
Production Imports Exports Consumption
Va
lue
in R
s. M
illio
ns
771955
706 571 682
1426
1699
1381
766858
29
40
39
40
45
2168
2614
2049
12961495
0
500
1000
1500
2000
2500
3000
2010-11 2011-12 2012-13 2013-14 2014-15
Production Imports Exports Consumption
Val
ue
in U
S$
Mil
lion
s
Projected Demand During 2015-16 to 2019-20
Exchange rate for all forecast years is assumed to be 1 USD =INR 64 Source : IMTMA
12891482
17051960
2254
385
443
509
586
674
1674
1925
2214
2546
2928
0
500
1000
1500
2000
2500
3000
3500
2015-16 2016-17 2017-18 2018-19 2019-20
Metal Cutting Metal Forming Total
Va
lue
In U
SD
Mil
lion
s
Estimated CAGR @ 15%
Sector wise Machine Tool Consumption (%)
40
15
20
13
75
Auto/auto comp
Die & Mould
Industrial machinery
Textiles, Food processing, Durables,
Electricals etc.
Defense/aerospace
OthersTotal Demand during 2014-15 : USD 1495 Mn.
Total Demand during 2014-15 : INR 92667 Mn.
Indian Machine Tool Industry
India makes Standard Products and Special Purpose Machines
:Important ManufacturersACE Designers, AMS, BFW, Jyoti CNC, Micromatic Grinding, Lakshmi, Lokesh,HMT, Electropneumatics, ISGEC, Hindustan Hydraulics & others…
Major products
CNC turning Machines
Machining centers
Grinding machines
Boring machines
Vertical Turret Lathe
EDMs / Wire EDM
Inspection and CMMs
Special Purpose Machines
Metal forming presses
Press brakes
Accessories, Tools and Components
Tool turrets Rotary tables Bar feeders Spindles Deburring Tools & Moulds Cutting tools Form tools Tool holders Special tools
UCAM, Fenwick & Ravi, Miven Mayfran, Pragati, PARI, Rajamane, Span, Universal, Taegutec, Kennametal, Sandvik, SECO, Walter, Addison, Bhukanwala, Bipico, Chennai Metco, Dagger Forst Tools, Forbes, Hittco, Ind-Sphinx and others….
Chucks Chip conveyors Coolant systems Robotics and Automation
Major products:
Important Manufacturers:
Tooled up solutions
TPM friendly
Contemporary design
Reliable performance
After sales support
USP of Indian Machine Tools
Key Industry Strengths
[Contd.]
Most companies are ISO certified with CE marked products
Cost effective, high quality, reliable and customised solutions
Strong backward integration
Optimum price performance
Interactive customer relationships and proactive linkages
Export Competitiveness
Major exports - China, Germany, Italy, Turkey,Middle-East, USA, etc.
No language difficulty
Rupee exchange rate advantage
Ideal opportunity for dealers to sell competitive products
Indian Companies’ Overseas Ventures
ACE MICROMATIC GROUP
BFW
BATLIBOI
GRIND MASTER MACHINES
HMT MACHINE TOOLS
JYOTI CNC AUTOMATION
UCAM
and many more…..
Major Indian Companies with Global Footprints
India at EMO 2015
• Enter co-operation agreements
• Explore business partnerships
• Strategic partnerships for global markets
INDIA @ EMO MILANO
Welcome to Indian Stalls !!!
Thank You
9.210.4
9.37.7 7.7 7.3 7
0
2
4
6
8
10
12
2009
2010
2011
2012
2013
2014
2015Q2
Figure 1:GDP Growth Rate in China(Y‐o‐Y%)
Data Sources:National Bureau of Statistics of the People’s Republic of China
1115.7 13.9
10 9.7 8.36.3
30.5
24.5 23.820.6 19.6
15.710.9
0
5
10
15
20
25
30
35
2009
2010
2011
2012
2013
2014
2015(1‐8)
Figure 2:Major Economic Indicators in China
Industrial value added(Y‐o‐Y%) Investment in the fixed assets(Y‐o‐Y%)
Data Sources:National Bureau of Statistics of the People’s Republic of China
49.7
47.3
47
48
49
50
51
52
53
2014‐01
2014‐02
2014‐03
2014‐04
2014‐05
2014‐06
2014‐07
2014‐08
2014‐09
2014‐10
2014‐11
2014‐12
2015‐01
2015‐02
2015‐03
2015‐04
2015‐05
2015‐06
2015‐07
2015‐08
Figure 3:China Manufacturing Purchasing Managers' Index
PMI from NBS PMI from caixin.com
Data Sources:National Bureau of Statistics of the People’s Republic of China, www.caixin.com
Data Sources:National Bureau of Statistics of the People’s Republic of China
87.6
48.5
49.8 50.2
‐37.4
1.3
‐50
0
50
100
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015Q2
Figure 5:Contribution Rate of Investment, Consumption and
Export to GDP in China(%)
Investment
Consumption
Export
Data Sources:National Bureau of Statistics of the People’s Republic of China
Data Sources:China Securities Regulatory Commission
Data Sources:State Administration of Foreign Exchange
Data Sources:CMTBA
Data Sources:CMTBA
59
94.2
132.4 136.6
101 108.3
51.6
14.1 18.5 24.2 27.4 28.6 3418.3
0
20
40
60
80
100
120
140
160
2009
2010
2011
2012
2013
2014
2015‐07
Figure 11:China Machine Tool International Trade(Import and
Export)(100M U.S. dollars)
Import Export
Data Sources:General Administration of Customs of the People’s Republic of China
Data Sources:General Administration of Customs of the People’s Republic of China
‐40
‐20
0
20
40
60
80
2009
2010
2011
2012
2013
2014
2015‐07
Figure 12:China Machine Tool Import Growth Rate(Y‐o‐Y%)
Metal Working Metal Cutting Metal Forming
Data Sources:General Administration of Customs of the People’s Republic of China
Metal Cutting, 41.8 , 47%
Fuctional Component, 12.1 , 14%
Metal Forming, 9.8 , 11%
CNC Device, 9.0 , 10%
Cutting Tool, 7.9 , 9%
Abrasive Product, 3.6 ,
4%
Wood Working, 2.2 , 2%
Foundry, 1.4 , 2%
Measurer, 0.9 , 1%
Figure 13:Machine Tools Products Import Structure from Jan. to July in 2015
(100M U.S. dollars)
Data Sources:General Administration of Customs of the People’s Republic of China
21.4 , 41%
6.1 , 12%
5.9 , 11%
3.9 , 8%
3.9 , 7%
2.8 , 5%
1.9 , 4%
1.4 , 3%
1.4 , 3%1.3 , 2%
0.6 , 1%
0.5 , 1%0.3 , 1% 0.3 , 1%
Figure 14:Machine Tool Import Type Structure from Jan. to
July in 2015(100M U.S. dollars)Machining centerGrindingNon‐TraditionalLathePunching and BendingForging or StampingPressingOther Metal WorkingMillingGear ManufacturingSawingDrillingSloting, Broaching & PlaningBoring
Data Sources:General Administration of Customs of the People’s Republic of China
Japan, 16.7 , 32%
German, 12.6 , 24%Taiwan, 6.0 ,
12%
Korea, 4.1 , 8%
Italy, 2.7 , 5%
Swizerland, 2.6 , 5%
U.S.A, 2.5 , 5%
Sweden, 0.5 , 1%
Czech, 0.5 , 1%
Britain, 0.5 , 1% Others, 2.9 ,
6%
Figure 15:Metal Working Machine Tool Import Origin from
Jan. to July in 2015(100M U.S. dollars)
Data Sources:General Administration of Customs of the People’s Republic of China
Japan, 14.7 , 35%
German, 10.5 , 25%
Taiwan, 4.9 , 12%
Korea, 2.9 , 7%
Swizerland, 2.3 , 6%
Italy, 1.8 , 4%
U.S.A, 1.7 , 4%
Czech, 0.5 , 1%
Singapore, 0.4 , 1%
Thailand, 0.4 , 1%
Others, 1.7 , 4%
Figure 16:Metal Cutting Machine Tool Import Origin from
Jan. to July in 2015(100M U.S. dollars)
Data Sources:General Administration of Customs of the People’s Republic of China
German, 2.2 , 22%
Japan, 2.0 , 20%
Korea, 1.2 , 12%
Taiwan, 1.1 , 11%
Italy, 0.8 , 9%
U.S.A, 0.8 , 8%
Sweden, 0.4 , 4%
Swizerland, 0.3 , 3%
Britain, 0.2 , 2%
Belgium, 0.2 , 2%
Others, 0.7 , 7%
Figure 17:Metal Forming Machine Tool Import Origin from
Jan. to July in 2015(100M U.S. dollars)
‐40
‐30
‐20
‐10
0
10
20
30
402009
2010
2011
2012
2013
2014
2015‐07
Figure 18:China Machine Tool Export Growth Rate(Y‐o‐Y%)
Metal Working Metal Cutting Metal Forming
Data Sources:General Administration of Customs of the People’s Republic of China
Cutting Tool, 14.1 ,
22%
Abrasive Product, 12.4 ,
20%Metal Cutting, 12.2 , 19%
Wood Working, 7.2 , 11%
Metal Forming, 6.1 , 10%
Fuctional Component, 6.1 , 10%
CNC Device, 3.4 , 5%
Measurer, 1.1 , 2%
Foundry, 0.6 , 1%
Figure 19:Machine Tools Products Export Structure from Jan.
to July in 2015(100M U.S. dollars)
Data Sources:General Administration of Customs of the People’s Republic of China
3.4 , 19%
2.8 , 16%
2.7 , 15%1.5 , 8%1.4 , 8%
1.4 , 8%
1.3 , 7%
1.2 , 6%
0.8 , 5%
0.8 , 4%
0.5 , 3% 0.2 , 1% 0.1 , 0%
0.04 , 0%
Figure 20:Machine Tool Export Type Structure from Jan. to July
in 2015(100M U.S. dollars)Non‐Traditional
Lathe
Punching and Bending
Pressing
Grinding
Machining center
Sawing
Other Metal Working
Forging or Stamping
Drilling
Milling
Boring
Gear Manufacturing
Sloting, Broaching & Planing
Data Sources:General Administration of Customs of the People’s Republic of China
U.S.A, 1.9 , 10%
Vietnam, 1.6 , 9%
Japan, 1.2 , 6%
India, 1.0 , 5%
Indonesia, 0.8 , 5%
German, 0.8 , 5%
Thailand, 0.7 , 4%
Malaysia, 0.7 , 4%Korea, 0.6 , 3%
Holland, 0.5 , 2%
Others, 8.6 , 47%
Figure 21:Metal Working Machine Tool Export Destination
from Jan. to July in 2015(100M U.S. dollars)
Data Sources:General Administration of Customs of the People’s Republic of China
U.S.A, 1.4 , 11%
Vietnam, 1.2 , 10%
Japan, 1.0 , 8%
German, 0.7 , 6%
India, 0.5 , 4%
Indonesia, 0.5 , 4%Korea, 0.5 , 4%
Holland, 0.4 , 4%
Thailand, 0.4 , 3%
Malaysia, 0.4 , 3%
Others, 5.2 , 43%
Figure 22:Metal Cutting Machine Tool Export Destination from
Jan. to July in 2015(100M U.S. dollars)
Data Sources:General Administration of Customs of the People’s Republic of China
U.S.A, 0.5 , 8%
India, 0.5 , 7%
Vietnam, 0.4 , 6%
Indonesia, 0.3 , 6%
Malaysia, 0.3 , 5%
Thailand, 0.3 , 5%
Japan, 0.2 , 3%
Iran, 0.2 , 3%Turkey, 0.2 , 3%Mexico, 0.2 ,
3%
Others, 3.1 , 51%
Figure 23:Metal Forming Machine Tool Export Destination from Jan.
to July in 2015(100M U.S. dollars)
Data Sources:General Administration of Customs of the People’s Republic of China
Top Related