This fair will provide a unique opportunity for visitors to get a closer look at various aspects of both Korean and foreign tools, welding and the related industries — including the trends of related equipment industries and technology development of cutting tools — by displaying about 50,000 items. This will enable visitors to get a bird-eye-view of both Korean and foreign tools and related industries in their present and future status.
The exhibition has been held biennially since 1989 as a leading tools exhibition, and is now being held annually on the largest scale
at the Korea International Exhibition Center (KINTEX). Korea Tools
Industry Cooperative and Korea Welding Industry Cooperative will
hold the fair at KINTEX from Oct. 17 to 20, 2023
The exhibition is the only tool and welding-specialized exhibition in Korea that exhibits high-speed steel tools, carbide tools, and diamond tools —in addition to working tools, electric power tools, pneumatic tools, and other relevant tools. It takes place simultaneously together with KOREA METAL WEEK, KOAA-GTT SHOW and G-FAIR KOREA so that it will provide participants with long-lasting synergy effects.
The exhibition has been designated as a “Promising Exhibition” by the Korean government since 2003; as a “Supporting Exhibition” by Gyeonggi province; and “Int’l Endorsed Exhibition” by the Ministry of Trade, Industry and Energy (MOTIE). This shows that the Korean government has recognized it as a high-level professional and promising exhibition.
Korea ranks 5th in the world in the motor industry that is a front/rear base of the tool industry; and in 5th place in the machine tools industry and the mold industry. The Korean tools market will be the center of the Asian tools market because it is forecasted to grow remarkably by more than 10% per year in various industries including shipbuilding, aircraft, semiconductors, electricity, electronics, construction, and the materials industry, etc.
Given these exciting prospects, the exhibition will be a good chance for visitors to understand the demands of the Korean tool market and relevant machinery markets, which are showing potential growth of 10% on average every year.
korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods
Korean-Machinery.com 
Leave a Reply