Strong upswing continuing for grinding technology Short
German grinding technology manufacturers continued to perform well in the first half of the year, achieving a turnaround after the economic slump of the previous year. The main reason for this was the solid level of orders for grinding, honing, lapping and polishing machines, which rose by 22 percent overall in Germany compared with 2020. Domestic orders were up 31 percent. Orders from abroad rose by a fifth. The main factor behind the positive figures was the strong euro zone, which posted an 89 percent increase over the previous year.
"There was a clear return to growth for grinding technology in the second quarter," said Dr. Wilfried Schäfer, Executive Director of the VDW (German Machine Tool Builders' Association) in Frankfurt am Main, commenting on the latest figures. Undoubtedly, the excellent comparative figures were largely attributable to the weak performance in the previous year caused by the pandemic. "Nevertheless, the industry has already returned to the pre-Covid levels from 2019 in terms of new orders. Even in the crisis year of 2020, Germany was able to defy the severe slump and come out on top in the world production and export rankings – ahead of China, Japan and Switzerland," said Schäfer.
The figures give cause for optimism with regard to the future development of the industry. Key markets such as the USA and Italy in particular enjoyed strong growth. In addition, exports to India, Brazil and Mexico increased by between 75 and 318 percent. By contrast, China, the largest sales market, saw exports shrink by a further 27 percent year-on-year in the first six months. Schäfer went on to summarize: "We have not yet returned to the high levels seen before 2020, which we naturally want to reach again. But we are clearly on the right track."
Meanwhile, preparations for the GrindingHub are in full swing. Under the banner of “Brings solutions to the surface”, the new leading trade fair for grinding and tool grinding technology will be opening its doors for the first time from 17 to 20 May 2022 in Stuttgart. The latest economic figures provide a further boost for the event. "The GrindingHub scores with its international orientation and an attractive location that is easily accessible from all over the world. However, we are also looking to set standards with the fair program, including the special exhibition GrindingSolutionPark and our innovative web sessions. But of course the trade show will stand and fall by the strength of its exhibitors and by the successful industry behind them," concluded Wilfried Schäfer from the VDW.
Author: Tobias Beckmann, online editor, VDW
Background
The first ever GrindingHub will be held in Stuttgart from 17 to 20 May 2022. It is the new leading trade fair and the new centre for grinding technology. It is scheduled to be run every two years by the VDW (German Machine Tool Builders' Association), Frankfurt am Main, in cooperation with Messe Stuttgart and Swissmem (Swiss association of mechanical and electrical engineering industries) as institutional patron. Grinding is one of the top 4 manufacturing processes within the machine tool industry in Germany. In 2020, the sector produced machines to the value of 870 million euros. Almost 80 per cent were exported, with about half going to Europe. The largest sales markets are China, the USA and France. Germany, Japan and Switzerland head the list of top global producers. The grinding technology sector produced 4.9 billion euros worth of machines in 2019.
Texts and pictures to the GrindingHub can be found in the Press Section at:
www.grindinghub.de/journalisten/pressematerial/
You can also visit the GrindingHub on our social media channels: