Thursday, March 21, 2013

Scoreboard in 2012

Occupying more than 102,431 square meters and spanning 10 exhibition halls, a first for KINTEX, SIMTOS 2012 was almost twice as large as the previous show. The expansion carried SIMTOS to the 4th largest exhibition ranking among global machine tool shows.

The total number of exhibitors in SIMTOS 2012 reached 763, compared with the 459 exhibitors at the previous show in 2010. Over the previous 10-year period, the number of participating exhibitors soared 279%, up from 273 in 2002.

Reaching 104,713 in 2012, the number of visitors to SIMTOS increased twofold over the 52,375 visitors to SIMTOS 2002. The first show in 1986 drew 85,296, followed by 70,748 in 2006, 76,292 in 2008 and 70,508 in 2010. Pre-registration visitors to SIMTOS 2012 exceeded 54,000 for the first time.

The six-day run of SIMTOS2012 generated US$247 million in business contracts, a 49.2% expansion over SIMTOS2010. Meanwhile, business negotiations involved a combined US$1.62 billion, a 53.2% increase over the previous show. Export contracts registered US$80 million, up 75.1% over SIMTOS 2010.

Exhibitors from overseas accounted for 62.8% of the participants in SIMTOS 2012. The high foreign exhibitor participation rate is attributed to SIMTOS growing reputation as an optimal manufacturing technology marketplace. Korea is the world’s fifth largest importer of machine tools.

General machinery took a lion's share of visitors with 61.6%, followed by dealers/distributors with 10.3%, IT/electronics with 9.4%, automotives with 8.9%, shipbuilding with 6.1% and others with 3.6%.

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