[ Media Coverage ] 2024 TMTS (Taiwan International Machine Tool Show)
2024-4-1 Economic Daily News
The machine tool exhibition concluded yesterday (31st). According to statistics from the Machine Tool Association, the event attracted over 70,000 visitors from home and abroad, with exhibitors receiving a substantial number of orders. Estimates from the industry suggest that the total value of new orders secured after the exhibition is expected to comfortably exceed the anticipated US$1.5 billion, potentially even challenging the US$2 billion mark.
The 8th “Taiwan International Machine Tool Show ( TMTS 2024 )”, organized by TMBA, successfully concluded yesterday. According to post-exhibition statistics from major manufacturers, orders received have exceeded expectations.
GOODWAY ( 1583.TW ) Group Chairman Edward Yang noted a clear increase in purchasing interest from both domestic and international buyers at the recent exhibition. For example, GOODWAY sold all ten of its planned GMT-2000 multi-tasking machines at the show, with each machine priced between NT$12 million and NT$14 million. AWEA also sold multiple 5-axis machining centers, bridge type machining centers, and VMC.
Edward Yang reported that GOODWAY secured NT$210 million in orders on-site, and AWEA received NT$150 million, totaling NT$360 million. This significantly surpasses the initial expectation of NT$200 million. He noted that agents are continuing negotiations today and tomorrow, indicating a clear market recovery. The primary customers placing orders are from North America, Europe, India, Vietnam, and Indonesia.
This year, TMTS brought together over 600 manufacturers and 3,350 booths across Nangang Exhibition Center Halls 1 and 2 for a five-day exhibition. Exhibitors showcased their best products, all vying for orders.
