ISMR July/August 2021 | Page 44

SHOW PREVIEW

The Start-Up Area at EMO Milano 2021 .
Added value
Several side initiatives , designed to make the most of manufacturers ’ presence in Milan during EMO MILANO 2021 , have also been announced .
EMO Digital has particular relevance : it features a display and demonstration area dedicated to the potential of digital technologies for the manufacturing world . The Start-Up area will highlight the role of start-ups for a sector whose strong point is innovation .
With Speakers ’ Corner , a type of arena set up in one of the exhibition halls , EMO MILANO 2021 will combine its exhibition with thematic , in-depth cultural analysis . This has been developed as a programme of conferences on specific topics and side events that will host discussions with opinion leaders as well as technology presentations related to the sector . The main players in these events , which are mainly aimed at visitors , will also be exhibitors who can be involved through special initiatives , insight opportunities focused on issues linked to the world of manufacturing and through ad hoc meetings to encourage expertise sharing .
Global forecasts
“ In terms of forecasts , in Oxford Economics ’ baseline scenario ( April 2021 ), world GDP is expected to rebound by 6 % in 2021 , supported by the rollout of vaccines , combined with a large fiscal stimulus package in the U . S . Global machine tool demand is expected to grow by 15 % in 2021 and 7.5 % in 2022 . European machine tool consumption is expected to recover to pre-crisis levels by
2022 . However , further measures in the first quarter of 2021 and an increase in the number of new cases , mainly in Europe , may delay the recovery ,” added CECIMO .
“ Across sectors , the slowest recovery is expected in the aerospace Industry . Oxford Economics expects business growth in the Euro area to accelerate substantially from the second quarter onwards as mobility begins to ‘ return to normal ’. It expects Eurozone GDP growth of 4.2 % in 2021 and 4.7 % in 2022 , with GDP recovering to pre-crisis levels in 2022 . Investments are also expected to increase by 5.0 % in 2021 and 4.7 % in 2022 . Export volumes should rebound by 7.9 % in 2021 , followed by an increase of 6.7 % in 2022 .”
CECIMO urged national governments to implement their national plans to ensure that companies remain competitive for the long-
term . Global trade relations , the lack of raw materials and of semi-finished products are certainly challenges ahead . In that respect , Dr Hans-Martin Schneeberger emphasized that “ stimulus funds should help manufacturers , including machine tool manufacturers , to adopt the dual transition and improve their productivity .”
“ Although we look forward to a challenging period , Europe ’ s machine tool industry must emerge from this crisis even stronger , technologically superior and remain a leader in the global order . We support European policy-makers in building more resilient and stable supply chains to protect European manufacturing companies and call on them to support and accelerate the recovery of the most vulnerable industrial sectors ” said Marcus Burton , chairman of CECIMO ’ s Economic Committee . n
Speakers ’ Corner at EMO Milano .
44 | sheetmetalplus . com | ISMR July / August 2021